decision making and team building (hare and trotoise)

7/28/2019 Decision making and team building (Hare and Trotoise)

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Decision Making and Teamwork Presented To:

Presented by:


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Aisha. What do you think of managers in

organizations are for? They are paid sohigh though every other person is

contributing in the business activities

Sidra. Managers are meant to take

decisions for their organizations to make

profits and getting maximum out of thebusiness. But people say


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Amna. Let me quote here few of the sayings

of great business gurus. Peter Drucker says,

Checking the results of a decision against

its expectations shows executives what

their strengths are, where they need to

improve, and where they lack knowledge

or information.


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And Dr. Phil put things as: Sometimes you

make the right decision, sometimes youmake the decision right.

If we look into the view point of AnthonyRobbins, he is of the view like this:

Remember, a real decision is measured by

the fact that you've taken new action. If

there's no action, you haven't truly decided.


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Sidra. Ah, it reminds me a very interesting situation in which aprofessor takes a decision, if you people agreed on then should

I share that with you? (this should be spoken while facing theaudience)

Amna and Aisha. Sure, please go ahead

Sidra. Two university students and a professor were walking

through a city park and they find an antique oil lamp. They rubit and a Genie comes out in a puff of smoke. The Genie says, "Iusually only grant three wishes, so I'll give each of you justone." "Me first! Me first!" says the one student. "I want to be inthe Bahamas, driving a speedboat, having great bungalow and

huge bank balance" Poof! He's gone. "Me next! Me next!" saysthe 2nd Student. "I want to be in Switzerland, driving Mercedes,and among richest people of the world." Poof! He's gone."You're next," the Genie says to the professor. The professorsays, "I want those guys back in the lab after lunch."


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Aisha Very interesting, it means, when you have to

take a decision and you don't take into considerationits antecedents and consequences, that itself is a

decision.

Amna. Oh, of course yes, whenever you see a

successful business, someone once made a

courageous decision.

Sidra. Well, putting altogether about decision makingit is more important to analyze the situation in hand.

Better you understand the factors, better your

decision would be.


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Aisha and Amna. Of course Sidra, we do agree

that analyzing the General and specificbusiness environments, we are in better

position to take good decisions

Sidra. Yes, let we share with the class a very

famous story you might have heard already,we can conclude the decision making lessons

out of it.


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Here we go.

Sidra, What you can do is just divide these dialogues, and speak as the

slides appear. one lady speaking the upper caption and others take the

dialogues of hare and turtle. I have just put fictitious names to give you

hint how can you do that, now in the story you can divide the portions

and speak up. You can change the dialogues to best fit and alter themaccording to your demands. This is just an idea how to present

interesting things (NOT A FINAL PRESENTATION) and how to relate

them to any business terminology. Things are simple but its your

presentations which make them superior, your communication stylemakes it worth listening and dramatic. GOOD LUCK


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Amna. Good old lessons in decision

makingand teamwork from an age-old fable

The TortoiseAnd

The Hare


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Aisha. Once upon a time a tortoise

and a hare had an argument aboutwho was faster.

Im the fastest

runner.

Thats not true.

The fastest runner is

me!


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Ok, lets have

a race.

Fine!

They decided to settle

the argument with a race.They agreed on a route

and started off the race.


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The hare shot ahead and ran briskly for

some time. Then seeing that he was farahead of the tortoise, he thought he'd sit

under a tree for some time and relax

before continuing the race.

Poor guy! Even if I

take a nap, he

could not catch up

with me.


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He sat under the tree and soon fell asleep.


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The tortoise plodding on overtook

him and soon finished the race,emerging as the undisputed champ.


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The hare woke up and realized that he'd

lost the race.


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The moral of the story is thatslow and steadywins the race.

This is the version of the story that we've allgrown up with.


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The story continues


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The hare was disappointed

at losing the race and he

did some soul-searching.

He realized that he'd lostthe race only because he

had been overconfident,

careless and lax. If he had

not taken things for granted,there's no way the tortoise

could have beaten him.

Why did

I lose

the race?

Analysis


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Can we have

another race?

Ok.

So he challenged thetortoise to another race.

The tortoise agreed.


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This time, the hare went allout and ran without stopping

from start to finish. He won

by several miles.


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The moral of the story?

Fast and consistent will always beat the slow and

steady. If you have two people in your organization,

one slow, methodical and reliable, and the other fastand still reliable at what he does, the fast and reliable

chap will consistently climb the organizational ladder

faster than the slow, methodical chap.

It's good to be slow and steady; but it's better to be

fast and reliable.


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But the story doesn't end here


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The tortoise did some thinking

this time, and realized that there's

no way he can beat the hare in arace the way it was currently

formatted. How can

I win the

hare?


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He thought for a while,

and then challenged

the hare to another race,but on a slightly

different route.

The hare agreed.

Sure!

Can we have another race?

This time well go

through a different route.


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They started off. In keeping with

his self-made commitment to be

consistently fast, the hare took offand ran at top speed until he came

to a broad river. The finishing

line was a couple of kilometers

on the other side of the river.

Goal


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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.

Whatshould I

do?


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First identify your core competency and then change the

playing field to suit your core competency.

In an organization, if you are a good speaker, make sure youcreate opportunities to give presentations that enable the senior

management to notice you.

If your strength is analysis, make sure you do some sort ofresearch, 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.


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The story still hasn't ended


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The hare and the tortoise, by

this time, had become pretty

good friends and they did some

thinking together. Both realized

that the last race could have

been run much better.


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So they decided to do the

last race again, but to run

as a team this time.

Hi, buddy. How

about doing our last

race again?

Great! I think we

could do it much

better, if we two

help each other.

Hi, buddy. How

about doing our last

race again?


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They started off, and this time the

hare carried the tortoise till the

riverbank.


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There, the tortoise took over and

swam across with the hare on hisback.


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On the opposite bank, the hare

again carried the tortoise and they

reached the finishing line together.

They both felt a greater sense of

satisfaction than they'd felt earlier.


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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 parbecause there will always be situations at which

you'll do poorly and someone else does well.

Teamwork is mainly about situational leadership,letting the person with the relevant core competency

for a situation take leadership.


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There are more lessons to be learnt from this story.

Note that neither the hare nor the tortoise gave up after failures.

The hare decided to work harder and put in more effort after his

failure. 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. Sometimes it is appropriate

to change strategy and try something different. And sometimes it

is appropriate to do both.

The hare 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.


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Sidra, here again your is choice whether to present this case

or not, this is pure application of the previous concepts. You

can make dialogues from this case and present

When Roberto Goizueta took over as CEO of Coca-Cola in

the 1980s, he was faced with intense competition from Pepsithat was eating into Coke's growth. His executives were

Pepsi-focused and intent on increasing market share 0.1 per

cent a time.

Roberto decided to stop competing against Pepsi and instead

compete against the situation of 0.1 per cent growth.


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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. Roberto said Coke neededa larger share of that market. 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.

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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To sum up, the story of the hare and tortoise

teaches us many things:

Never give up when faced with failure

Fast and consistent will always beat slow andsteady

Work to your competencies

Compete against the situation, not against arival.

Pooling resources and working as a team will

always beat individual performers


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Lets go, make decision while analyzingourselves keeping in view the situationalfactors, take good decisions and build

stronger teams!


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Thank you very much

decision making and team building (hare and trotoise)

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