The document discusses the role of a Company Secretary and provides insights into the profession. It notes that a Company Secretary coordinates between departments, ensures compliance with laws, and develops trust among stakeholders. The Secretary requires knowledge of management and law. The role involves aligning functions with policies, compliance, and developing trust for good governance and growth. Company Secretaries can work in-house or in practice and contribute across departments through their specialized knowledge.
The document discusses the role of a Company Secretary and opportunities in the profession. It describes how a Company Secretary coordinates between departments, ensures regulatory compliance, and develops trust among stakeholders. It also outlines the different services Company Secretaries provide to companies, the industries and scales they work in, and encourages professionals to explore global opportunities and collaboration for continued growth and success.
The document discusses the role of a company secretary and opportunities in the field. It describes how a company secretary coordinates between departments, ensures regulatory compliance, and develops trust among stakeholders. It also outlines the various services company secretaries provide, such as auditing, advisory work, and corporate governance consulting. Finally, it discusses opportunities to expand the profession globally and through collaboration between professionals.
The document discusses the role and opportunities for company secretaries. It notes that company secretaries play a vital role in ensuring compliance, coordinating between departments, and developing trust between stakeholders. Company secretaries can work in employment for companies or in practice by providing advisory and other services. The role requires knowledge of both management and law. Globalization is increasing opportunities for company secretaries internationally.
The document discusses the role and opportunities for company secretaries. It notes that company secretaries play a vital role in ensuring compliance, coordinating between departments, and developing trust between stakeholders. Company secretaries can work in employment for companies or in practice by providing advisory and other services. The role requires knowledge of both management and law. Globalization is increasing opportunities for company secretaries internationally.
Excellence independence professional ethics quality icsiPavan Kumar Vijay
The document discusses the vision, mission, and opportunities for the Institute of Company Secretaries of India (ICSI). The vision is to be a global leader in developing professionals specializing in corporate governance. The mission is to continuously develop high-caliber professionals to ensure good corporate governance, management, and protect stakeholder interests. Opportunities for company secretaries lie in areas like corporate laws, securities and banking regulations, and other fields like taxation, intellectual property, and outsourcing. The document promotes collaboration between members to create larger professional firms for greater expertise, reach and benefits.
Value addition to enterpise through corporate governance 29-06-2008Pavan Kumar Vijay
The document discusses the importance of corporate governance for value addition in enterprises. It states that corporate governance rests on the vision of leadership and requires principles like fairness, transparency, communication and knowledge sharing. Good corporate governance practices can lead to benefits like growth, goodwill, and meeting the expectations of various stakeholders including employees, investors, customers and society. While progress has been made, more still needs to be done to improve practices like board composition and functioning. Overall, corporate governance is essential for sustainable development.
Independency of director myth or reality 22.08.2007Pavan Kumar Vijay
The document discusses the concept of independent directors and their role and responsibilities. It provides definitions of independent directors according to regulations and outlines their duties to act in stakeholders' best interests and provide unbiased oversight of company management. However, it also notes that the presence of independent directors does not necessarily mean certain governance goals will be achieved and their ability to effect change depends on company practices and controls.
The document discusses the role of a Company Secretary and opportunities in the profession. It describes how a Company Secretary coordinates between departments, ensures regulatory compliance, and develops trust among stakeholders. It also outlines the different services Company Secretaries provide to companies, the industries and scales they work in, and encourages professionals to explore global opportunities and collaboration for continued growth and success.
The document discusses the role of a company secretary and opportunities in the field. It describes how a company secretary coordinates between departments, ensures regulatory compliance, and develops trust among stakeholders. It also outlines the various services company secretaries provide, such as auditing, advisory work, and corporate governance consulting. Finally, it discusses opportunities to expand the profession globally and through collaboration between professionals.
The document discusses the role and opportunities for company secretaries. It notes that company secretaries play a vital role in ensuring compliance, coordinating between departments, and developing trust between stakeholders. Company secretaries can work in employment for companies or in practice by providing advisory and other services. The role requires knowledge of both management and law. Globalization is increasing opportunities for company secretaries internationally.
The document discusses the role and opportunities for company secretaries. It notes that company secretaries play a vital role in ensuring compliance, coordinating between departments, and developing trust between stakeholders. Company secretaries can work in employment for companies or in practice by providing advisory and other services. The role requires knowledge of both management and law. Globalization is increasing opportunities for company secretaries internationally.
Excellence independence professional ethics quality icsiPavan Kumar Vijay
The document discusses the vision, mission, and opportunities for the Institute of Company Secretaries of India (ICSI). The vision is to be a global leader in developing professionals specializing in corporate governance. The mission is to continuously develop high-caliber professionals to ensure good corporate governance, management, and protect stakeholder interests. Opportunities for company secretaries lie in areas like corporate laws, securities and banking regulations, and other fields like taxation, intellectual property, and outsourcing. The document promotes collaboration between members to create larger professional firms for greater expertise, reach and benefits.
Value addition to enterpise through corporate governance 29-06-2008Pavan Kumar Vijay
The document discusses the importance of corporate governance for value addition in enterprises. It states that corporate governance rests on the vision of leadership and requires principles like fairness, transparency, communication and knowledge sharing. Good corporate governance practices can lead to benefits like growth, goodwill, and meeting the expectations of various stakeholders including employees, investors, customers and society. While progress has been made, more still needs to be done to improve practices like board composition and functioning. Overall, corporate governance is essential for sustainable development.
Independency of director myth or reality 22.08.2007Pavan Kumar Vijay
The document discusses the concept of independent directors and their role and responsibilities. It provides definitions of independent directors according to regulations and outlines their duties to act in stakeholders' best interests and provide unbiased oversight of company management. However, it also notes that the presence of independent directors does not necessarily mean certain governance goals will be achieved and their ability to effect change depends on company practices and controls.
The document discusses the role and opportunities for company secretaries. It notes that company secretaries act as a bridge between management and stakeholders, ensuring compliance and good governance. They are generalists with knowledge of both management and law. The role can involve various compliance, advisory, and corporate governance services. Opportunities exist in areas like corporate governance, different industries, business scales and geographies as the profession globalizes. Information technology is transforming how company secretaries work and creating new possibilities.
The document discusses the role and importance of company secretaries. It begins by introducing company secretaries and their responsibilities in coordinating between departments, ensuring regulatory compliance, and developing trust among stakeholders. It then discusses how the role of company secretaries has evolved with increasing specialization across industries, geographies, and scales of operations. It also highlights how information technology can help company secretaries perform more strategic functions like planning and advisory work instead of routine compliance tasks. Finally, it emphasizes the importance of collaboration between professionals from different fields to provide comprehensive services and leverage their combined expertise, resources, and networks.
The document discusses the role of a company secretary. It explains that a company secretary is responsible for coordinating between various departments, ensuring compliance with applicable laws, and developing trust between stakeholders. The company secretary must have knowledge of both management and law. The document also discusses how information technology can help company secretaries perform their roles more efficiently. It suggests that collaboration between professionals through C-commerce can help firms provide better services globally. Finally, it shares a story about how continuous self-improvement is important for success.
The document discusses the role and opportunities for company secretaries. It begins by asking some common questions about the profession, such as what is the role of a company secretary and whether the degree is sufficient. It then outlines the key responsibilities of a company secretary in ensuring compliance, coordination between stakeholders, and good corporate governance. The document further discusses how the role varies across different industry segments, company sizes, and geographies. It emphasizes that information technology tools allow company secretaries to take on more strategic work beyond basic compliance. In conclusion, it advocates a mindset of creating opportunities through creativity, confidence, and communication.
This presentation answers the queries and myths in the minds of corporate professionals and enumerates the role of CS in adding value to the Company. It further discusses the role of IT in better performance.
The document discusses various topics related to excellence and value creation for Company Secretaries. It discusses the roles and responsibilities of Company Secretaries, opportunities available across different industries and geographies, and how technology can help Company Secretaries work more efficiently. It emphasizes the need for Company Secretaries to continuously learn and adapt to changing business environments in order to create value for all stakeholders.
The presentations explains the role of company secretaries in implementing compliance management system in an organisation and the opportunities available to them like corporate governance, collaborative commerce and increasing role of information technology.
This document shares an updated version of the classic fable "The Tortoise and the Hare" with multiple lessons. It describes how the hare and tortoise each learned from their failures and successes through multiple races. They realized the benefits of playing to their strengths, working as a team by combining skills, and competing against the situation rather than each other directly. The overall message is about the importance of being strategic and learning from both victories and defeats.
Hare & Tortoise New Strategic For ManagementSrinath Naidu
The story is about a hare and tortoise that have multiple races to determine who is faster. In the first race, the hare gets overconfident and falls asleep, allowing the tortoise to win. The hare then trains harder and wins the next race. The tortoise then changes the course to include a river, allowing his swimming ability to help him win. They realize working as a team is best, and on the final race they help each other to cross the finish line together. The key lessons are to play to your strengths, adapt to situations, learn from failures, and that teamwork can overcome individual weaknesses.
The document discusses the topic of corporate governance. It provides definitions of corporate governance, outlines the key principles of corporate governance including accountability, fairness and transparency. It discusses the roles of various stakeholders like the board of directors, shareholders, and auditors. It also summarizes some principles of good corporate governance like leadership, integrity, accountability and sustainability. Stories and examples are provided to illustrate the importance of principles like truth, non-violence and trusteeship in corporate governance.
The document provides instructions for creating an account and submitting an assignment request on the website HelpWriting.net. It outlines a 5-step process: 1) Create an account with an email and password. 2) Complete an order form with instructions, sources, and deadline. 3) Review bids from writers and choose one. 4) Review the completed paper and authorize payment. 5) Request revisions until satisfied. The website offers writing assistance and guarantees original, high-quality work or a refund.
Here are a few tips for having an effective international business meeting:
- Clarify the purpose and goals of the meeting upfront so all participants understand the agenda. Send the agenda in advance.
- Be aware of different cultural approaches to meetings. Some cultures prioritize relationship building while others get straight to business.
- Consider using icebreakers or warmups at the start to help people from various cultures feel comfortable.
- Provide context for what you expect from each participant so they know how to contribute.
- Be flexible with the schedule if needed to accommodate different communication or decision making styles.
- Choose a meeting location and set up that works for all cultural preferences when possible. Consider lighting, seating etc
This case study analyzes Tata Motors' acquisition of Jaguar Land Rover from Ford in 2008. It provides background on both companies and the rationale for the deal. The acquisition allowed Tata to expand globally and diversify beyond commercial vehicles. While risky, the strategic fit was strong and Tata hoped to leverage JLR's premium brands. The analysis finds that under Tata, JLR has significantly improved its performance, transforming from losses to strong profits. However, the case also notes challenges integrating cultures and the large debt taken on for the acquisition.
This is the first issue of Integra Voice - the company's Newsletter for its employees.
Integra Global Solutions extends business support services to small and medium businesses across the UK, USA and Canada.
The document provides steps for requesting academic writing assistance from HelpWriting.net:
1. Create an account with a password and email.
2. Complete a 10-minute order form providing instructions, sources, and deadline.
3. Writers will bid on the request and the client chooses a writer based on qualifications.
4. The client reviews the paper and authorizes payment if satisfied or requests revisions.
Business management essay - PHDessay.com. Business management masters personal statement in 2021 | Business .... Understanding School Business Management Essay Example | Topics and .... Managerial Accounting Essay | Strategic Management | Business Process. Essay on management (sample). What is Management Essay.
Business management essay - PHDessay.com. Business management masters personal statement in 2021 | Business .... Understanding School Business Management Essay Example | Topics and .... Managerial Accounting Essay | Strategic Management | Business Process. Essay on management (sample). What is Management Essay.
The Rabbit and the Turtle story modified to suit today's business world - Biz...BizProspex
The document discusses the importance and benefits of teamwork in the workplace. It notes that teamwork involves multiple people working together to achieve a larger goal under the direction of a team leader. Some key benefits of teamwork mentioned include completing tasks quickly, greater job satisfaction, increased productivity, and improved quality of work. The document then tells an old fable about a tortoise and a hare racing to illustrate lessons about teamwork and using one's strengths. It describes how working individually and as a team can both lead to success.
The hare and tortoise had a race that the tortoise won by moving slowly and steadily while the hare rested. They raced again and the hare won by maintaining a fast pace. In a third race with an added river obstacle, the tortoise swam across while the hare could not, showing the value of adapting to situations. Finally, they realized teamwork was best and crossed the finish line together, demonstrating that pooling strengths leads to the best outcome. The story's morals are about using individual strengths strategically, adapting to situations, teamwork, perseverance and competing against problems rather than rivals.
Importance, Impact, Parameters and Impediments in Team Workacemindia
This document discusses the importance of teamwork through analyzing the fable of the tortoise and the hare. It describes how the tortoise and hare had multiple races with evolving lessons: fast and consistent beats slow and steady; changing strategies to use one's strengths; and achieving the most success by working as a team. The document outlines benefits of teamwork for customers, team members, and organizations. It contrasts ineffective teams with effective ones that utilize diverse strengths and shared goals. Finally, it emphasizes that sustained cooperation is key to team success.
The document discusses how digital technologies are disrupting various industries and the need for legal and secretarial professionals to embrace new technologies like artificial intelligence, blockchain, and cloud computing. It notes that AI can help with research, documentation, and advisory work, speeding things up and reducing costs. However, some jobs may be lost to automation. Overall, professionals need to adapt by gaining new tech skills, using apps to increase productivity, and working with institutes to modernize curriculum. Embracing change will lead to new opportunities in the evolving digital era.
This document summarizes key aspects of fast track corporate insolvency resolution processes under the Insolvency and Bankruptcy Code of India. It notes that fast track processes have a timeline of 90 days with a possible 45 day extension, and can be used for corporate debtors meeting certain asset, income or creditor thresholds as notified by the Central Government. The document also provides updates on notifications related to sections of the Code coming into effect and appointments to the Insolvency and Bankruptcy Board of India.
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The document discusses the role and opportunities for company secretaries. It notes that company secretaries act as a bridge between management and stakeholders, ensuring compliance and good governance. They are generalists with knowledge of both management and law. The role can involve various compliance, advisory, and corporate governance services. Opportunities exist in areas like corporate governance, different industries, business scales and geographies as the profession globalizes. Information technology is transforming how company secretaries work and creating new possibilities.
The document discusses the role and importance of company secretaries. It begins by introducing company secretaries and their responsibilities in coordinating between departments, ensuring regulatory compliance, and developing trust among stakeholders. It then discusses how the role of company secretaries has evolved with increasing specialization across industries, geographies, and scales of operations. It also highlights how information technology can help company secretaries perform more strategic functions like planning and advisory work instead of routine compliance tasks. Finally, it emphasizes the importance of collaboration between professionals from different fields to provide comprehensive services and leverage their combined expertise, resources, and networks.
The document discusses the role of a company secretary. It explains that a company secretary is responsible for coordinating between various departments, ensuring compliance with applicable laws, and developing trust between stakeholders. The company secretary must have knowledge of both management and law. The document also discusses how information technology can help company secretaries perform their roles more efficiently. It suggests that collaboration between professionals through C-commerce can help firms provide better services globally. Finally, it shares a story about how continuous self-improvement is important for success.
The document discusses the role and opportunities for company secretaries. It begins by asking some common questions about the profession, such as what is the role of a company secretary and whether the degree is sufficient. It then outlines the key responsibilities of a company secretary in ensuring compliance, coordination between stakeholders, and good corporate governance. The document further discusses how the role varies across different industry segments, company sizes, and geographies. It emphasizes that information technology tools allow company secretaries to take on more strategic work beyond basic compliance. In conclusion, it advocates a mindset of creating opportunities through creativity, confidence, and communication.
This presentation answers the queries and myths in the minds of corporate professionals and enumerates the role of CS in adding value to the Company. It further discusses the role of IT in better performance.
The document discusses various topics related to excellence and value creation for Company Secretaries. It discusses the roles and responsibilities of Company Secretaries, opportunities available across different industries and geographies, and how technology can help Company Secretaries work more efficiently. It emphasizes the need for Company Secretaries to continuously learn and adapt to changing business environments in order to create value for all stakeholders.
The presentations explains the role of company secretaries in implementing compliance management system in an organisation and the opportunities available to them like corporate governance, collaborative commerce and increasing role of information technology.
This document shares an updated version of the classic fable "The Tortoise and the Hare" with multiple lessons. It describes how the hare and tortoise each learned from their failures and successes through multiple races. They realized the benefits of playing to their strengths, working as a team by combining skills, and competing against the situation rather than each other directly. The overall message is about the importance of being strategic and learning from both victories and defeats.
Hare & Tortoise New Strategic For ManagementSrinath Naidu
The story is about a hare and tortoise that have multiple races to determine who is faster. In the first race, the hare gets overconfident and falls asleep, allowing the tortoise to win. The hare then trains harder and wins the next race. The tortoise then changes the course to include a river, allowing his swimming ability to help him win. They realize working as a team is best, and on the final race they help each other to cross the finish line together. The key lessons are to play to your strengths, adapt to situations, learn from failures, and that teamwork can overcome individual weaknesses.
The document discusses the topic of corporate governance. It provides definitions of corporate governance, outlines the key principles of corporate governance including accountability, fairness and transparency. It discusses the roles of various stakeholders like the board of directors, shareholders, and auditors. It also summarizes some principles of good corporate governance like leadership, integrity, accountability and sustainability. Stories and examples are provided to illustrate the importance of principles like truth, non-violence and trusteeship in corporate governance.
The document provides instructions for creating an account and submitting an assignment request on the website HelpWriting.net. It outlines a 5-step process: 1) Create an account with an email and password. 2) Complete an order form with instructions, sources, and deadline. 3) Review bids from writers and choose one. 4) Review the completed paper and authorize payment. 5) Request revisions until satisfied. The website offers writing assistance and guarantees original, high-quality work or a refund.
Here are a few tips for having an effective international business meeting:
- Clarify the purpose and goals of the meeting upfront so all participants understand the agenda. Send the agenda in advance.
- Be aware of different cultural approaches to meetings. Some cultures prioritize relationship building while others get straight to business.
- Consider using icebreakers or warmups at the start to help people from various cultures feel comfortable.
- Provide context for what you expect from each participant so they know how to contribute.
- Be flexible with the schedule if needed to accommodate different communication or decision making styles.
- Choose a meeting location and set up that works for all cultural preferences when possible. Consider lighting, seating etc
This case study analyzes Tata Motors' acquisition of Jaguar Land Rover from Ford in 2008. It provides background on both companies and the rationale for the deal. The acquisition allowed Tata to expand globally and diversify beyond commercial vehicles. While risky, the strategic fit was strong and Tata hoped to leverage JLR's premium brands. The analysis finds that under Tata, JLR has significantly improved its performance, transforming from losses to strong profits. However, the case also notes challenges integrating cultures and the large debt taken on for the acquisition.
This is the first issue of Integra Voice - the company's Newsletter for its employees.
Integra Global Solutions extends business support services to small and medium businesses across the UK, USA and Canada.
The document provides steps for requesting academic writing assistance from HelpWriting.net:
1. Create an account with a password and email.
2. Complete a 10-minute order form providing instructions, sources, and deadline.
3. Writers will bid on the request and the client chooses a writer based on qualifications.
4. The client reviews the paper and authorizes payment if satisfied or requests revisions.
Business management essay - PHDessay.com. Business management masters personal statement in 2021 | Business .... Understanding School Business Management Essay Example | Topics and .... Managerial Accounting Essay | Strategic Management | Business Process. Essay on management (sample). What is Management Essay.
Business management essay - PHDessay.com. Business management masters personal statement in 2021 | Business .... Understanding School Business Management Essay Example | Topics and .... Managerial Accounting Essay | Strategic Management | Business Process. Essay on management (sample). What is Management Essay.
The Rabbit and the Turtle story modified to suit today's business world - Biz...BizProspex
The document discusses the importance and benefits of teamwork in the workplace. It notes that teamwork involves multiple people working together to achieve a larger goal under the direction of a team leader. Some key benefits of teamwork mentioned include completing tasks quickly, greater job satisfaction, increased productivity, and improved quality of work. The document then tells an old fable about a tortoise and a hare racing to illustrate lessons about teamwork and using one's strengths. It describes how working individually and as a team can both lead to success.
The hare and tortoise had a race that the tortoise won by moving slowly and steadily while the hare rested. They raced again and the hare won by maintaining a fast pace. In a third race with an added river obstacle, the tortoise swam across while the hare could not, showing the value of adapting to situations. Finally, they realized teamwork was best and crossed the finish line together, demonstrating that pooling strengths leads to the best outcome. The story's morals are about using individual strengths strategically, adapting to situations, teamwork, perseverance and competing against problems rather than rivals.
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This document discusses the importance of teamwork through analyzing the fable of the tortoise and the hare. It describes how the tortoise and hare had multiple races with evolving lessons: fast and consistent beats slow and steady; changing strategies to use one's strengths; and achieving the most success by working as a team. The document outlines benefits of teamwork for customers, team members, and organizations. It contrasts ineffective teams with effective ones that utilize diverse strengths and shared goals. Finally, it emphasizes that sustained cooperation is key to team success.
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Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
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Brian Fitzsimmons on the Business Strategy and Content Flywheel of Barstool S...Neil Horowitz
On episode 272 of the Digital and Social Media Sports Podcast, Neil chatted with Brian Fitzsimmons, Director of Licensing and Business Development for Barstool Sports.
What follows is a collection of snippets from the podcast. To hear the full interview and more, check out the podcast on all podcast platforms and at www.dsmsports.net
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
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20. Different Corporate Structures Public Sector Undertakings Private Limited Companies Trusts And NGOs Coop Societies And Producer Companies Municipal Boards Semi-government Organisation Unlisted Public Companies Listed Public Companies Unexplored Organisations
21. Different Industries Media And Entertainment Infrastructure, Power And Telecom IT Solutions IT Enabled Services And BPO Textiles Tourism And Hotel Capital Market And Its Intermediaries Engineering and Construction FMCG Agriculture And Food Processing Capital Goods Drugs, Pharma And Healthcare Banking And NBFC Financial Services
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44. Once upon a time a tortoise and a rabbit had 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.
45. The Rabbit 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. He sat under the tree and soon fell asleep.
46. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ.
47. The Rabbit woke up and realized that he'd lost the race. The moral of the story is that slow and steady wins the race.
48. This is the version of the story that we've all grown up with. But then recently, someone told me a more interesting version of this story. It continues.
49. The Rabbit was disappointed at losing the race and he did some Defect Prevention (Root Cause Analysis). He realized that he'd lost the race only because he had been overconfident, careless and lax.
50. 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.
51. This time, the rabbit went all out and ran without stopping from start to finish. He won by several miles.
52. The moral of the story ? Fast and consistent will always beat the slow and steady.
53. But the story doesn't end here. The tortoise did some thinking this time, and realised that there's no way he can beat the rabbit in a race the way it was currently formatted.
54. He thought for a while, and then challenged the rabbit to another race, but on a slightly different route.
55. The rabbit agreed. They started off. In keeping with his self-made commitment to be consistently fast, the rabbit took off and ran at top speed until he came to a broad river.
56. The finishing line was a couple of kilometers on the other side of the river.
57. The rabbit 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.
58. The moral of the story? First identify your core competency and then change the playing field to suit your core competency.
60. The rabbit 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.
61. So they decided to do the last race again, but to run as a team this time.
62. They started off, and this time the rabbit carried the tortoise till the riverbank. There, the tortoise took over and swam across with the rabbit on his back.
63. On the opposite bank, the rabbit again carried the tortoise and they reached the finishing line together. They both felt a greater sense of satisfaction than they'd felt earlier.
64. The moral of the story? It's good to be individually 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.
65. Teamwork is mainly about situational leadership, letting the person with the relevant core competency for a situation take leadership.
67. Note that neither the rabbit nor the tortoise gave up after failures. The rabbit decided to work harder and put in more effort after his failure.
68. The tortoise changed his strategy because 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.
69. Sometimes it is appropriate to change strategy and try something different. And sometimes it is appropriate to do both.
70. The rabbit and the tortoise also learnt another vital lesson. When we stop competing against a rival and instead start competing against the situation, we perform far better.
72. When Roberto Goizueta took over as CEO of Coca-Cola in the 1980s, he was faced with intense competition from Pepsi that was eating into Coke's growth.
73. His executives were Pepsi-focused and intent on increasing market share 0.1 per cent a time.
74. Goizueta decided to stop competing against Pepsi and instead compete against the situation of 0.1 per cent growth.
75. He asked his executives what was the average 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.
76. The competition wasn't Pepsi. It was the water, 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.
77. To this end, Coke put up vending machines at every street corner. Sales took a quantum jump and Pepsi has never quite caught up since.
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79. Last but not the least, To teach you the some of the lessons from the treasure called life Let me share another story with you…
81. There once was a bunch of tiny frogs,... ... who arranged a running competition. The goal was to reach the top of a very high tower.
82. A big crowd had gathered around the tower to see the race and cheer on the contestants... The race began...
83. Honestly: No one in crowd really believed that the tiny frogs would reach the top of the tower. You heard statements such as: "Oh, WAY too difficult!! They will NEVER make it to the top." or: "Not a chance that they will succeed. The tower is too high!"
89. At the end everyone else had given up climbing the tower. Except for the one tiny frog who after a big effort was the only one who reached the top! THEN all of the other tiny frogs naturally wanted to know how this one frog managed to do it?
90. contestant asked the tiny frog how the one who succeeded had found the strength to reach the goal? It turned out...
92. It turned out... That the winner was DEAF!!!! The wisdom of this story is: Never listen to other people's tendencies to be negative or pessimistic... ...cause they take your most wonderful dreams and wishes away from you.... The ones you have in your heart!
93. Always think of the power words have. Because everything you hear and read will affect your actions! Therefore: ALWAYS be... POSITIVE!
94. And above all: Be DEAF when people tell YOU that YOU can not fulfil YOUR dreams! Always think: I CAN DO THIS!