Hare Tortoise Moral

Post on 09-Apr-2018

234 Views

Category:

Documents

0 Downloads

Preview:

Click to see full reader

Transcript

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 1/42

www.cacmci.com

CAC Management Consultants International

1

Brought to you by:Brought to you by:CAC Management Consultants InternationalCAC Management Consultants International

An international executive development consultancy in the Asia

Pacific Region, specialised in providing training to corporations

and outplacement consulting.

New Story of the Hare and TortoiseNew Story of the Hare and Tortoise

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 2/42

www.cacmci.com

CAC Management Consultants International

2

Once upon a time a tortoise and a harehad an argument about who was faster.

They decided to settle the argument with

a race. They agreed on a route and started

off the race.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 3/42

www.cacmci.com

CAC Management Consultants International

3

The hare shot ahead and ran briskly for some time. Then seeing that he was far 

ahead of the tortoise, he thought he'd sit

under a tree for some time and relax

before continuing the race.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 4/42

www.cacmci.com

CAC Management Consultants International

4

He sat under the tree and soon fellasleep. The tortoise plodding on overtook

him and soon finished the race, emerging

as the undisputed champ.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 5/42

www.cacmci.com

CAC Management Consultants International

5

The hare woke up and realised that he'dlost the race. The moral of the story is that

slow and steady wins the race.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 6/42

www.cacmci.com

CAC Management Consultants International

6

This is the version of the story that we'veall grown up with.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 7/42

www.cacmci.com

CAC Management Consultants International

7

But then recently, someone told me amore interesting version of this story. It

continues.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 8/42

www.cacmci.com

CAC Management Consultants International

8

The hare was disappointed at losing therace and he did some Defect Prevention

(Root Cause Analysis). He realised that

he'd lost the race only because he had

been overconfident, careless and lax.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 9/42

www.cacmci.com

CAC Management Consultants International

9

If he had not taken things for granted,there's no way the tortoise could have

beaten him. So he challenged the tortoise

to another race. The tortoise agreed.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 10/42

www.cacmci.com

CAC Management Consultants International

10

This time, the hare went all out and ranwithout stopping from start to finish. He

won by several miles.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 11/42

www.cacmci.com

CAC Management Consultants International

11

The moral of the story Fast andconsistent will always beat the slow and

steady.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 12/42

www.cacmci.com

CAC Management Consultants International

12

If you have two people in your organisation,one slow, methodical and reliable, and the other 

fast and still reliable at what he does, the fast

and reliable chap will consistently climb the

organisational ladder faster than the slow,methodical chap.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 13/42

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 14/42

www.cacmci.com

CAC Management Consultants International

14

But the story doesn't end here. Thetortoise did some thinking this time, and

realised that there's no way he can beat

the hare in a race the way it was currently

formatted.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 15/42

www.cacmci.com

CAC Management Consultants International

15

He thought for a while, and thenchallenged the hare to another race, but

on a slightly different route.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 16/42

www.cacmci.com

CAC Management Consultants International

16

The hare agreed. They started off. Inkeeping with his self-made commitment to

be consistently fast, the hare took off and

ran at top speed until he came to a broad

river.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 17/42

www.cacmci.com

CAC Management Consultants International

17

The finishing line was a couple of kilometers on the other side of the river.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 18/42

www.cacmci.com

CAC Management Consultants International

18

The hare sat there wondering what to do.In the meantime the tortoise trundled

along, got into the river, swam to the

opposite bank, continued walking and

finished the race.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 19/42

www.cacmci.com

CAC Management Consultants International

19

The moral of the story? First identifyyour core competency and then change

the playing field to suit your core

competency.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 20/42

www.cacmci.com

CAC Management Consultants International

20

In an organisation, if you are a goodspeaker, make sure you create

opportunities to give presentations that

enable the senior management to notice

you.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 21/42

www.cacmci.com

CAC Management Consultants International

21

If your strength is analysis, make sureyou do some sort of research, make a

report and send it upstairs. Working to

your strengths will not only get you

noticed but will also create opportunities

for growth and advancement.

()

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 22/42

www.cacmci.com

CAC Management Consultants International

22

The story still hasn't ended.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 23/42

www.cacmci.com

CAC Management Consultants International

23

The hare and the tortoise, by this time,had become pretty good friends and they

did some thinking together. Both realised

that the last race could have been run

much better.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 24/42

www.cacmci.com

CAC Management Consultants International

24

So they decided to do the last race again,but to run as a team this time.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 25/42

www.cacmci.com

CAC Management Consultants International

25

They started off, and this time the harecarried the tortoise till the riverbank.

There, the tortoise took over and swam

across with the hare on his back.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 26/42

www.cacmci.com

CAC Management Consultants International

26

On the opposite bank, the hare againcarried the tortoise and they reached the

finishing line together. They both felt a

greater sense of satisfaction than they'd

felt earlier.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 27/42

www.cacmci.com

CAC Management Consultants International

27

The moral of the story? It's good to beindividually brilliant and to have strong

core competencies; but unless you're able

to work in a team and harness each

other's core competencies, you'll always

perform below par because there will

always be situations at which you'll do

poorly and someone else does well.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 28/42

www.cacmci.com

CAC Management Consultants International

28

û

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 29/42

www.cacmci.com

CAC Management Consultants International

29

Teamwork is mainly about situationalleadership, letting the person with the

relevant core competency for a situation

take leadership.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 30/42

www.cacmci.com

CAC Management Consultants International

30

There are more lessons to be learnt fromthis story.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 31/42

www.cacmci.com

CAC Management Consultants International

31

Note that neither the hare nor the tortoisegave up after failures. The hare decided to

work harder and put in more effort after 

his failure.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 32/42

www.cacmci.com

CAC Management Consultants International

32

The tortoise changed his strategybecause he was already working as hard

as he could. In life, when faced with

failure, sometimes it is appropriate to

work harder and put in more effort.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 33/42

www.cacmci.com

CAC Management Consultants International

33

Sometimes it is appropriate to changestrategy and try something different. And

sometimes it is appropriate to do both.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 34/42

www.cacmci.com

CAC Management Consultants International

34

The hare and the tortoise also learntanother vital lesson. When we stop

competing against a rival and instead

start competing against the situation, we

perform far better.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 35/42

www.cacmci.com

CAC Management Consultants International

35

When Roberto Goizueta took over asCEO of Coca-Cola in the 1980s, he was

faced with intense competition from Pepsi

that was eating into Coke's growth.

1980÷

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 36/42

www.cacmci.com

CAC Management Consultants International

36

His executives were Pepsi-focused andintent on increasing market share 0.1 per 

cent a time.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 37/42

www.cacmci.com

CAC Management Consultants International

37

Goizueta decided to stop competingagainst Pepsi and instead compete

against the situation of 0.1 per cent

growth.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 38/42

www.cacmci.com

CAC Management Consultants International

38

He asked his executives what was theaverage fluid intake of an American per 

day? The answer was 14 ounces. What

was Coke's share of that? Two ounces.

Goizueta said Coke needed a larger share

of that market.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 39/42

www.cacmci.com

CAC Management Consultants International

39

The competition wasn't Pepsi. It was thewater, tea, coffee, milk and fruit juices that

went into the remaining 12 ounces. The

public should reach for a Coke whenever 

they felt like drinking something.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 40/42

www.cacmci.com

CAC Management Consultants International

40

To this end, Coke put up vendingmachines at every street corner. Sales

took a quantum jump and Pepsi has never 

quite caught up since.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 41/42

www.cacmci.com

CAC Management Consultants International

41

To sum up, the story of the hare and tortoise teaches us

many things.

Important lessons are:

that fast and consistent will always beat slow and

steady; work to your competencies;

pooling resources and working as a team will always

beat individual performers;

never give up when faced with failure;

and finally, compete against the situation. Not against

a rival.

8/8/2019 Hare Tortoise Moral

http://slidepdf.com/reader/full/hare-tortoise-moral 42/42

www.cacmci.com

CAC Management Consultants International

42

()

In Short, BE STRATEGIC!In Short, BE STRATEGIC!

top related