Everything points to Woody (5)
I believe the answer is:
allen
'woody' is the definition.
(I've seen this in another clue)
'everything points' is the wordplay.
'everything' becomes 'all' (all things).
'points' becomes 'en' (two compass points).
'all'+'en'='ALLEN'
'to' acts as a link.
(Other definitions for allen that I've seen before include "Woody ..., US film maker" , "Woody ... is film director and comic actor" .)