XIO is a value-based Business Philosophy for top F500 companies. XIO means multiply your business by ten!
The XIO Business Philosophy is based on a creative society of three give-and-take relationships:
Customer and Employee
Supervisor and Leader
CEO and Shareholder.
In the XIO Business, all participants in each of the three collaborating relationships are encouraged to use XIO Thinking to create value and multiply their business by ten.
What exactly is their business?
Q What is the customer’s business?
A The business of the customer is to buy and tell.
Q What is the employee’s business?
A The business of the employee is to make decisions every day to save a dollar or to make a dollar working alone and in a local group.
Q What is the supervisor’s business?
A The business of the supervisor is to raise the quality and the quantity of decisions in the local group.
Q What is the leader’s business?
A The business of the leader is to provide problem-solving missions to local groups and to provide much better plans of execution.
Q What is the CEO’s business?
A The business of the CEO is to multiply the business by ten: by prioritising problems and opportunities for creating value; so allocating capital and leadership accountability.
Q What is the shareholder’s business?
A The business of the shareholder is to provide and grow capital through investment, return on investment and re-investment.
In general, all daily business decisions made in F500 companies can be judged as either Good XIO Business or Bad XIO Business.