The Quarterly Meeting: A Deep Dive into the EOS Framework for Business Success with Forrest Derr #135
Release Date: 06/12/2024
The Q4 Huddle: Strategy, Cash Flow, and Football Glory- EP145
The Overlap Podcast
Dive into the thrilling intersection of college football season and strategic business maneuvers with Sid Sexton and his co-host in this episode of "The Overlap." As leaves turn and teams clash on the gridiron, we draw parallels to the business world's final push in Q4. This episode isn't just about touchdowns; it's about touching base with your year's goals. We discuss how to recalibrate your business strategies, manage cash flow like a pro, and learn from the year's hits and misses. Whether you're leading the scoreboard or needing a comeback, join us to strategize, recalibrate, and get...
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Hurry vs. Intentionality-EP144
The Overlap Podcast
Welcome to another thought-provoking episode of The Overlap, where today we delve into the pervasive dilemma of choosing between a life in constant hurry or one marked by intentionality. In this episode, we'll unpack how our culture has come to glorify busyness, wearing it like a badge of honor, often at the expense of meaningful engagement with life. We'll discuss how this relentless pace can skew our grip on reality, leading us to make decisions in a blur, where the quality of our actions is compromised by the sheer quantity of our tasks. We'll then shift gears to explore the concept of...
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The Actual Job: Decoding Work's True Purpose- Ep. 143
The Overlap Podcast
What is it about work that defines us? Is it that “A man should be what he can do,” as Private Prewitt says in “From Here to Eternity”? Or that “A job is not just a job. It’s who you are, per Remy from 2010’s “Repo Men”? Is it some pithy third pop culture quote that we couldn’t find because the Internet stopped working for about an hour earlier today? Who can say? This week, our boys Sid and Keith will breakdown the breakdown of what actual jobs consist of - standards versus goals, setting targets, understanding that obstacles aren’t an unwelcome challenge but the...
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Thoughts on the Market- Ep. 142
The Overlap Podcast
What’s the economic outlook? Are things bearish or bullish? Is the Nikkei up? Is the S&P stable? Do you lack the answers to these questions? Do you lack even a basic knowledge of what some of those words are? When you see the word “Buffett,” what comes to mind first - Warren, Jimmy, LuLu or the Golden Corral? If it’s anything but the first one, you really ought to tune in to this week’s episode of The Overlap Podcast. Our boys Sid and Keith will read the tea leaves of the current crises of commerce in which we may find ourselves to help you avoid crashes, collapses and hostile...
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The Last Mile: Strategies for Finishing Strong- Ep. 141
The Overlap Podcast
Cue the motivational music of your choice - Survivor’s “Eye of the Tiger,” Queen’s “We Are The Champions,” Kate Bush’s “Running Up That Hill,” Elton John’s “The Bitch Is Back,” John Williams’ “Duel of the Fates,” or even the theme tune to “Laverne and Shirley” … schlemiel, schlimazel, Hasenpfeffer incorporated and whatnot … we’re gonna make it!) Bottom of the ninth, one run down, bases loaded with tie on third and the win on second looking born to run. Two strikes and you’ve got the bat in hand - can you hit it out of the park for you and your...
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Standards vs Goals
The Overlap Podcast
What’s the difference between a hippo and a Zippo? Answer: one is heavy and the other is a little lighter. (Ba dum tiss) What’s the difference between standards and goals? Answer: to be found only by the clever cognoscenti who catch this week’s Overlap Podcast. This week, our boys Sid and Keith sift through the $64,000 Question that sets the system for how standards become standards. They’ll dive deep into what obstructions to awareness might be affecting you and your team and answer those age-old riddles of the Sales Sphinx - are goals standards? Are standards goals? What...
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Addition by Subtraction
The Overlap Podcast
This week’s key tenet for the Overlap Podcast is “Addition by Subtraction,” and since the writing staff automatically abhors anything that seems even minimally mathematical in origin, the meaning of that phrase to us could be: The title of one of those cheesy paperback murder mysteries they sell at Hudson News stores at airports, usually written by that Patterson guy or the lady with the three names, Something Something Clark or Smith or Jones or Riley. A long-lost song from the original “Schoolhouse Rock” meant to teach children about negative integers or some such nonsense,...
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Detached
The Overlap Podcast
Pitchforks - check. Torches - check. A somehow seemingly impromptu song about storming a castle to kill its animal-like occupant that all of the dozens of random townfolk gathered together somehow all know … … you can really only check that one if you’re in the touring production of “Beauty and the Beast” (and we hope you aren’t that “I NEED … SIX EGGS” woman from the opening number because … girl, are you okay?) The danger that is the mob mentality does often lead to such chicanery, buffoonery and, yes, even an occasional score written by EGOTer Alan Menken … but how...
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Just Say You're Sorry
The Overlap Podcast
This week on Episode 137 of The Overlap Podcast, Sid and Keith dive into the power of a simple yet profound act: saying you're sorry. Sometimes in life, we need our great musical artists to help give us the motivation and words we need to take action in our own lives - is now one of those times? Well… with this week’s problem we will try to tackle on The Overlap podcast, it’s a bit tricky - a problem that made Cher try to turn back time, had Elton John finding it hard to find the words, forced The Monkees into playing the blame game and caused Prince to confess to never meaning to...
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This Too Shall Pass #136
The Overlap Podcast
In this quick-hit episode of The Overlap Podcast, hosts Sid Sexton and Keith Glines discuss the phrase "This too shall pass." They explore the meaning behind this saying and how it can be applied to both challenging and positive situations in life and business. The hosts share personal anecdotes and insights about how this perspective has helped them navigate through difficult times and maintain a balanced outlook. They emphasize the importance of not getting overly attached to either negative or positive circumstances, as both are temporary and will eventually change. The episode offers a...
info_outlineEpisode Description:
In this episode of The Overlap Podcast, hosts Sid Sexton and Keith Glines are joined by Forrest Derr, an EOS (Entrepreneurial Operating System) Implementer. They delve into the significance of quarterly meetings in the EOS framework and how they can benefit businesses of all sizes. Forrest explains the structure and purpose of quarterly meetings, emphasizing the importance of getting offsite, reviewing the company's vision, addressing issues, and setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals for the next quarter. The conversation also touches on the role of EOS implementers in guiding businesses through the EOS process and the value of having a structured approach to achieving long-term goals. Forrest also shares how he implements EOS in his personal life, demonstrating the versatility of the framework.
Show Notes:
- The Overlap Podcast: A podcast hosted by Sid Sexton and Keith Glines that explores the overlaps between work, fitness, family, faith, parenting, and leadership.
- EOS (Entrepreneurial Operating System): A framework for running businesses effectively, emphasizing vision, traction, and healthy organizations.
- Quarterly Meetings: Regular meetings held every 90 days to review progress, address issues, and set goals for the next quarter.
- VTO (Vision Traction Organizer): A two-page business plan that outlines the company's vision, goals, and strategies.
- Rocks: 90-day goals that are specific, measurable, achievable, relevant, and time-bound.
- Issues: Challenges or obstacles that need to be identified, discussed, and solved.
- SMART Goals: Goals that are specific, measurable, achievable, relevant, and time-bound.
- EOS Implementer: A professional who guides businesses through the EOS implementation process.
- Energy: An EOS networking and resource group.
- 90 Minute Meetings: Weekly meetings in the EOS framework to address short-term issues.
- Accountability Chart: A chart that outlines the roles and responsibilities within a company.
- People Analyzer: A tool used in EOS to assess whether individuals are in the right seats within a company.
- IDS (Identify, Discuss, Solve): A process for addressing issues in EOS meetings.
- Toolbox Items: Educational topics covered in quarterly meetings to enhance the team's skills and knowledge.
- Cash Flow Driver: An EOS tool for identifying ways to improve cash flow.
- SWOT Analysis: A tool for assessing a company's strengths, weaknesses, opportunities, and threats.
- Traction: Gino Wickman
- Get a Grip: Gino Wickman and Mike Paton
- What the Heck is EOS?: Gino Wickman and Don Tinney
- Rocket Fuel: Gino Wickman and Mark C. Winters
Additional Notes:
- Forrest Derr emphasizes the importance of having quarterly meetings offsite to minimize distractions and focus on working on the business, not in the business.
- He highlights the value of celebrating wins and acknowledging both personal and professional achievements during the check-in process.
- The hosts and Forrest discuss the significance of identifying the root cause of issues rather than just addressing surface-level symptoms.
- They also touch upon the importance of having a long-term vision and regularly reviewing and adjusting the VTO to ensure it aligns with the company's evolving goals.
- The episode concludes with Forrest sharing how EOS principles can be applied to personal life, such as family and relationships.
https://www.linkedin.com/in/forrestkderr/