New Hare and Tortoise Story

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Hare and Tortoise story - where we have been listening to the people that slow and steady wins the race but a new story has emerged in modern times.
See, the slides to understand the new story.
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New Hare and Tortoise Story

  1. 1. 1The Hare and Tortoise – revised…
  2. 2. MYTHICAL STORY Once upon a time a tortoise and a hare had an argument about who wasfaster. They decided to settle the argument with a race. They agreed on a routeand started off the race.2
  3. 3. MYTHICAL STORY The hare shot ahead and ran briskly for some time. Then seeing that he wasfar ahead of the tortoise, he thought hed sit under a tree for some time andrelax before continuing the race.3
  4. 4. MYTHICAL STORY He sat under the tree and soon fell asleep. The tortoise plodding on overtookhim and soon finished the race, emerging as the undisputed champ.4
  5. 5. MYTHICAL STORY The hare woke up and realized that hed lost the race. The moral of the storyis that slow and steady wins the race.5
  6. 6. TEAM WORK This is the version of the story that weve all grown up with, we always wereasked to believe this version.6
  7. 7. THE STORY CONTINUES…! But then recently, someone told me a more interesting version of this story.It continues.7
  8. 8. TEAM WORK The hare was disappointed at losing the race and he did some DefectPrevention (Root Cause Analysis). He realized that hed lost the race onlybecause he had been overconfident, careless and lax.8
  9. 9. TEAM WORK If he had not taken things for granted, theres no way the tortoise could haveever beaten him. So he challenged the tortoise to another race. The tortoiseagreed.9
  10. 10. TEAM WORK This time, the hare went all out and ran without stopping from start to finish.He won by several miles.10
  11. 11. TEAM WORK The moral of the story: Fast and consistent will always beat the slow and steady.11
  12. 12. TEAM WORK If you have two people in your organization, one slow, methodicaland reliable, and the other fast and still reliable at what he does, the fastand reliable chap will consistently climb the organizational ladder fasterthan the slow, methodical chap.12
  13. 13. DO NOT GO AWAY: IT ISGETTING BETTER…….! Its good to be slow and steady; but its better to be fast and reliable.13
  14. 14. DO NOT GO AWAY: IT ISGETTING BETTER…….! But the story doesnt end here. The tortoise did some thinking this time,and realized that theres no way he can beat the hare in a race the way it wascurrently formatted.14
  15. 15. TEAM WORK He thought for a while, and then challenged the hare to another race, buton a slightly different route.15
  16. 16. TEAM WORK The hare agreed. They started off. In keeping with his self-madecommitment to be consistently fast, the hare took off and ran at top speed untilhe came to a broad river.16
  17. 17. TEAM WORK The finishing line was a couple of kilometers on the other side of the river.17
  18. 18. TEAM WORK The hare sat there wondering what to do. In the meantime the tortoisetrundled along, got into the river, swam to the opposite bank, continued walkingand finished the race.18
  19. 19. TEAM WORK The moral of the story? First identify your core competency and thenchange the playing field to suit your core competency.19
  20. 20. TEAM WORK In an organization, if you are a good speaker, make sure you createopportunities to give presentations that enable the senior management to noticeyou.20
  21. 21. TEAM WORK If your strength is analysis, make sure you do some sort of research, make areport and send it upstairs. Working to your strengths will not only get younoticed but will also create opportunities for growth and advancement21
  22. 22. DO NOT GO AWAY: IT ISGETTING BETTER…….!The story still hasnt ended.22
  23. 23. TEAM WORK The hare and the tortoise, by this time, had become pretty good friends andthey did some thinking together. Both realized that the last race could have beenrun much better.23
  24. 24. TEAM WORK So they decided to do the last race again, but to run as a team this time.24
  25. 25. TEAM WORK They started off, and this time the hare carried the tortoise till the riverbank.There, the tortoise took over and swam across with the hare on his back.25
  26. 26. TEAM WORK On the opposite bank, the hare again carried the tortoise and they reachedthe finishing line together. They both felt a greater sense of satisfaction thantheyd felt earlier.26
  27. 27. TEAM WORK The moral of the story? Its good to be individually brilliant and to havestrong core competencies; but unless youre able to work in a team and harnesseach others core competencies, youll always perform below par because therewill always be situations at which youll do poorly and someone else does well.27
  28. 28. TEAM WORKBecause28
  29. 29. TEAM WORK Teamwork is mainly about situational leadership, letting the person with therelevant core competency for a situation take leadership.29
  30. 30. AND THERE IS STILL MORE There are more lessons to be learnt from this story.30
  31. 31. TEAM WORK Note that neither the hare nor the tortoise gave up after failures. The haredecided to work harder and put in more effort after his failure.31
  32. 32. TEAM WORK The tortoise changed his strategy because he was already working as hard ashe could. In life, when faced with failure, sometimes it is appropriate to workharder and put in more effort.32
  33. 33. TEAM WORK Sometimes it is appropriate to change strategy and try something different.And sometimes it is appropriate to do both.33
  34. 34. TEAM WORK The hare and the tortoise also learnt another vital lesson. When we stopcompeting against a rival and instead start competing against the situation, weperform far better.34
  35. 35. A REAL-LIFE EXAMPLE When Roberto Goizueta took over as CEO of Coca-Cola in the 1980s, he wasfaced with intense competition from Pepsi that was eating into Cokes growth.35
  36. 36. A REAL-LIFE EXAMPLE His executives were Pepsi-focused and intent on increasing market share 0.1per cent a time.36
  37. 37. A REAL-LIFE EXAMPLE Goizueta decided to stop competing against Pepsi and instead competeagainst the situation of 0.1 per cent growth.37
  38. 38. A REAL-LIFE EXAMPLE He asked his executives what was the average fluid intake of an Americanper day? The answer was 14 ounces. What was Cokes share of that? Two ounces.Goizueta said Coke needed a larger share of that market.38
  39. 39. A REAL-LIFE EXAMPLE The competition wasnt Pepsi. It was the water, tea, coffee, milk and fruitjuices that went into the remaining 12 ounces. The public should reach for aCoke whenever they felt like drinking something.39
  40. 40. A REAL-LIFE EXAMPLE To this end, Coke put up vending machines at every street corner. Sales tooka quantum jump and Pepsi has never quite caught up since.40
  41. 41. TEAM WORK To sum up, the story of the hare and tortoise teaches us many things.Important lessons are:1. that fast and consistent will always beat slow and steady;2. work to your competencies;3. pooling resources and working as a team will always beat individualperformers;4. never give up when faced with failure;5. and finally, compete against the situation. Not against a rival.41
  42. 42. TEAM WORK42In Short, BE STRATEGIC!

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