A State of the Company address is a critical part of getting your vision and your plan to achieve it “shared by all.” Simply put, it is a speech given by the Visionary or Integrator to update your entire workforce on your recent progress toward your targets.
"Spreading true rumors" is a phrase I picked up when reading Patrick Lencioni’s book, The Advantage – Why Organizational Health Trumps Everything Else in Business. Lencioni says that the rumor mill is the most pervasive means of communication in most companies – spreading misinformation and causing confusion in the company.
Instead of trying to stop the spread of information by word of mouth, Lencioni suggests that leaders should take advantage of this medium and spread true rumors.
When something good or bad happens, or when we have an idea, we want to share it. When we have a question, we want to ask it. When we are frustrated, we want to vent.
Sharing our news, ideas, questions and frustrations whenever the urge strikes, consumes an incalculable amount of time and human energy, and that matters because many of us say we don’t have enough time to accomplish everything we want to accomplish.
All companies running on EOS® follow the practice of having a weekly Level 10 Meeting™. I’ve seen many companies do these meetings, and one huge mistake keeps rearing its ugly head when clients get to the Customer and Employee Headlines, and again when they get to the Issues List. They launch right in and wind up missing the real stuff.
One of the biggest and fastest impacts you can have on your organization in terms of better communication, accountability, team health, and results is to hold a weekly meeting with your leadership team. Your weekly meeting should focus on making sure everything important is on track and that you’re solving all relevant issues for the week and removing all obstacles and barriers for your people.