Strategic management fuses core competencies

Once upon a time, a hare and a tortoise decided to race.
The hare sprinted and being far ahead of the tortoise, he
slept for sometime under a tree. The tortoise trudged along,
saw the hare sleeping, and went ahead of him to finish the
race, while the hare still slept.

After losing, the hare analyzed the race and found that
his over-confidence resulted in carelessness, which in turn
had made him lax. While the tortoise won not because he
was slow, but rather because he was steady. This analysis,
made the hare conclude that the fast and steady can always
win, over the slow and steady. So, the hare invited the
tortoise for another race. This time, the hare sprinted away
with a steady pace and finished the race, much earlier than
the tortoise.

The tortoise now analyzed the race and found that the
route consisted only of land, on which the hare was naturally
faster. So the hare decided to change the route. He invited
the hare for another race but on a different route. The race
started and after going some distance, the hare found a river
on the route. The finishing line was on the other side of the
river. He stopped on the bank and was thinking how to cross
the river, when the tortoise came slowly, entered the river,
swam to the other shore and crossed the finishing line.

By this time, the hare and the tortoise had become good
friends. Together they analyzed all the races. They found out
that if they could harness their respective core competencies,
then they could take advantage of situational leadership and
thereby, create a win-win situation for both. They agreed to
try out their idea. The hare carried the tortoise on his back
and sprinted fast to reach the shore of the river. At the
shore, the tortoise got down, entered the river and the hare
jumped on the tortoise’s back. The tortoise with the hare on
his back, swam the river and reached the other shore. Then
the hare again took the tortoise on his back and sprinted
towards the finishing line. Both of them won.

Excerpt from the book “Once Upon A Time: 100 Management Stories” by Rajen Jani


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