We have completed our first ninety days of EOS, but our weekly Scorecard still feels like a lag indicator report that we review passively rather than an active operational steering wheel. How do we turn our Scorecard into a predictive tool that warns us of issues before they hit our bottom line?
A passive, rear-view Scorecard is a common symptom of a leadership team that has populated their weekly sheet with financial or lagging results rather than leading activities. If your Scorecard is full of metrics like monthly revenue or completed projects, you are looking at history, not the future.
To make your Scorecard predictive, you must identify the high-velocity, daily activities that directly produce those lagging results. For example, instead of tracking signed contracts, track the number of outbound sales calls or discovery meetings completed this week.
If you know that it takes fifteen discovery meetings to generate three proposals, and three proposals to win one contract, then the discovery meeting count is your true leading indicator. If that number drops below your target for two consecutive weeks, you know your revenue will suffer next month.
Every metric on your weekly Scorecard must have a clear target and a single owner. When a leading indicator is missed, it must immediately be dropped to your issues list for IDS. This allows your team to address the bottleneck and adjust resources before the drop in activity impacts your cash flow.
Category: EOS Implementation