"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.

Every entrepreneurial company, regardless of size, never has enough people, money and time to accomplish all the goals its leaders can envision for it. It's the nature of the beast.

Given that resources are always deficient in some way, it's imperative to remember that perfect is the enemy of done. EOS^® employs the 20/80 rule throughout the system. Focus on accomplishing the 20% that will help you achieve 80% of the result.

Nobody talks about the elephant in the room. It’s too uncomfortable. “It’s too embarrassing,” you think, “If I bring that subject up, then everyone will know about it.” But here’s the thing – people know about the elephant in the room, and ignoring it is causing more problems than it’s solving.

If you’re like most small to medium sized entrepreneurial companies, you’ve probably tried to visually display how your company is structured or organized. So what’s the best way to do that – with an accountability chart or an organizational chart? What’s the difference?

Organizational charts are focused on who reports to who, but they they typically don’t address one of the major issues most companies struggle with: a lack of clarity around what the major functions of the organization are, and who is accountable for what.

Accountability charts provide clarity about who owns the major functions of an organization and identifies the primary roles and responsibilities for which they are accountable.

The video below offers brilliant words of wisdom attributed to Warren Buffett as career advice to his personal airline pilot, Mike Flint. I have read this story before. This gentleman, self-described creativity expert James Taylor, offers it as advice for creatives.

I offer it as advice for business owners and leaders. It syncs really well with the precepts of EOS®, which all support the idea that Less Is More. Focus on the most important goals for your business, your department, your personal life – this quarter, this year, always.