I think of loops as one of the critical components of a business's system. * **Loops:** are what we do. And they also include in what order we do them. * **Roles:** are who does or is responsible for those things that we do. * **Goals:** are what we're trying to achieve. When I create a new **Role**. I define it by the **Loops** and **Goals** it is responsible for. For People (who hold one or multiple roles), it is a similar but slightly different set of options: * **Culture**: It's how we act, behave or live. It's a nebulous term to include the way in which things are done. But without the same level of specificity of our next pieces. * **Projects:** Are what we're actively working on. * **Playbooks:** are collections of standard operating procedures. They're how we do something—the way we do a particular thing. When we look at **Culture, Projects, and Playbooks** together. 1. **Projects** are active vectors. They're composed of some sort of repeating loop. The rhythm of the project is the speed at which the project will move. 1. If a **project** has been done before, it’s an ongoing **project** that runs forever, or it's just one of our regular **loops**. Then it likely has a **playbook** that details it out in some fairly high level of specificity on what needs to be done. 1. In other instances, the **project** may be about breaking new ground. The **loops** are more focused on exploration and discovery. 1. In the case where a **project** does not yet have a **playbook, Culture** takes precedence. 1. Everything within a business system is defined as a **project**. That includes the business system itself. So the business is a **project** under which there are multiple other **projects**. 1. A **project** can include multiple **loops** and multiple **roles**. A **project** has a single unified set of goals which are distributed between the **loops** and **roles**. 1. a **project** does not have a **playbook** that specifies how things should be done. Then it will be researched, planned, and executed according to the company's **culture**. In summary, your businesses are **projects**.  Each one of which contains other **projects**. * Your **projects** are made up of **loops** and **roles.** Even if you haven’t defined them. * All of your projects are operated according to a **playbook**, the **project**'s goals, and your business's **culture**. Even if you haven't defined them. * If there is no **playbook** yet. Then **culture** and good hiring will allow you to develop that **playbook** so that you can achieve the **goals** you set out to time and time again. Consider and plan for each component so your business grows together instead of apart. ![[Photos/Pasted image 20210214124807.png]] See Also: 1. [[1. Ship30For30]] 2. [[12 Loops, Expanded]] 3. [[Moscow Rice Project Management]] 4. [[GOTBook/2. Final Edits or Revision/First Principles Project Planning]] 5. [[Doing Journal]] 6. [[Are You A Modern Industrialist]]