tyler-smith.com · Questions & Answers

To maximize our valuation, we need to consolidate our vendor contracts and cut operational waste, but nobody on the leadership team wants to own the Vendor Rationalization seat because it involves confrontational negotiations and tedious audits. How do we assign accountability for this critical pre-exit seat?

Every exit-ready business has critical seats that are unpopular because they require tedious compliance work or difficult financial conversations. However, leaving a seat vacant or letting it be neglected because nobody wants it is a major risk that will hurt your valuation during due diligence.

On the EOS Accountability Chart, every seat must have one owner who GWCs the role. You cannot force a seat onto someone who does not Want it, because they will inevitably treat it as an afterthought and fail to deliver results.

To solve this, look at your existing leadership team. If someone has the capacity and the technical understanding but simply dislikes the confrontational nature of the role, you need to run this issue through IDS in your next Level 10 Meeting.

If nobody on your current leadership team truly GWCs this seat, you have two options. You can look downstream in your organization to find an ambitious manager who wants to step up and run this project as a Rock, or you can outsource this specific function to a fractional specialist.

If you choose to outsource, remember that the external contractor still must report to a seat on your Accountability Chart. Your Integrator or Head of Finance must own the seat that holds that contractor accountable for delivering the vendor savings.

By ensuring someone is ultimately accountable, you prevent critical pre-exit tasks from falling through the cracks. Structure your chart for the results you need to achieve, not based on what is comfortable for your current team.

Category: Accountability Chart & Seats

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