Stories for Management Students
Stories for MBA Students
Einstein & his Driver
A famous Real Story of Einstein Driver
One day during a speaking tour, Albert Einstein’s driver, who often sat at the back of the hall during his lectures, remarked that he could probably give the lecture himself, having heard it so many times. Sure enough, at the next stop on the tour, Einstein and the driver switched places, with Einstein sitting at the back in his driver’s uniform.
Having delivered a flawless lecture, the driver was asked a difficult question by a member of the audience. “Well, the answer to that question is quite simple,” he casually replied. “I bet my driver, sitting up at the back there, could answer it!”
How do we take this story -
Is it right to say that the Driver was very talented or he was just a imitator?
Shall we give credit to his confidence for his flawless speech?
Shall we credit to his presence of mind?
Was he qualified to do ?
Was it right on his part of Einstein?
The best thing is he just wanted to be his master - a guru - a shisya(Pupil) relationship - Guru Consented - the disciple performed is his Master does.
In life whenever we find any person attempts to do good - let us encourage it - lets make good happen.
Einstein & his Driver
A famous Real Story of Einstein Driver
One day during a speaking tour, Albert Einstein’s driver, who often sat at the back of the hall during his lectures, remarked that he could probably give the lecture himself, having heard it so many times. Sure enough, at the next stop on the tour, Einstein and the driver switched places, with Einstein sitting at the back in his driver’s uniform.
Having delivered a flawless lecture, the driver was asked a difficult question by a member of the audience. “Well, the answer to that question is quite simple,” he casually replied. “I bet my driver, sitting up at the back there, could answer it!”
How do we take this story -
Is it right to say that the Driver was very talented or he was just a imitator?
Shall we give credit to his confidence for his flawless speech?
Shall we credit to his presence of mind?
Was he qualified to do ?
Was it right on his part of Einstein?
The best thing is he just wanted to be his master - a guru - a shisya(Pupil) relationship - Guru Consented - the disciple performed is his Master does.
In life whenever we find any person attempts to do good - let us encourage it - lets make good happen.
In the similar way Dr.Kalm encouraged his driver to pursue PhD and helped him to complete his doctorate. He is working as a Faculty in a college.
Akbar & Birbal
One day Akbar thought about professions and wanted to know which profession was most popular in his capital. He asked about this to his courtier. Some said it would be trade, other said soldiering.
When it was Birbal turn, he arose from his seat and bowed before Akbar and said, “Your Majesty, in my opinion it’s Medicine.”
This was surprising as there was just number of physicians in city. Physicians in court got furious and said, “you have no clue about how difficult is it to practice medicine and advice people about medical problems.
Birbal smiled and said, “I can prove this to you my majesty, If you come with me tomorrow morning.”
Next morning Akbar met Birbal on major crossroad in the city. Birbal had bandage on one hand. Akbar saw it and asked what happened.
Birbal said, “I cut my hand by mistake while cutting some fruits for breakfast.”
Birbal further request Akbar, “Your majesty you will have to write down the names of all the physicians we came across.”
Akbar agreed and said, “I will surely do but firstly be sure to wash that wound and apply ointment on it.”
They sat at busy crossroad through all day. Birbal was a well known personality so anyone who passed by inquired about his injury and advised him some or other medication.
As day went on list grew long, Akbar got tired so suggested to go home.
Birbal asked for list and said, “Majesty you forgot to write your own name on the top of list. You were the first to advise me.”
Hare & Tortoise (Extended Version)
1. Once upon a time a tortoise and a hare had an argument about who was faster. They decided to settle the argument with a race. The tortoise and hare both agreed on a route and started off the race. 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. He sat under the tree and soon fell asleep. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ. The hare woke up and realised that he'd lost the race.
The moral of the story is that slow and steady wins the race. This is the version of the story that we've all grown up with.
2. But then recently, someone told me a more interesting version of this tortoise and hare story. It continues.
The hare was disappointed at losing the race and he did some soul-searching. He realized that he'd lost the 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. So he challenged the tortoise to another race. The tortoise agreed.
This time, the hare went all out and ran without stopping from start to finish. He won by several miles.
The moral of the story? In business, fast and consistent will always beat the slow and steady. If you don't act with a sense of urgency, you will get left behind.
3. But the story doesn't end here. The tortoise did some thinking this time, and realized that there's no way he can beat the hare in a race the way it was currently formatted. He thought for a while, and then challenged the hare to another race, but on a slightly different route. The hare agreed. The tortoise and hare started off. In keeping 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. The finishing line was a couple of kilometers on the other side of the river.
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.
The moral of the story? Don't over-analyze and over-think. Just take action.
The story still hasn't ended.
4. The tortoise and hare, 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. So the tortoise and hare decided to do the last race again, but to run as a team this time.
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. On the opposite bank, the hare again carried the tortoise and they reached the finishing line together. Both the tortoise and hare felt a greater sense of satisfaction than they'd felt earlier.
The moral of the story? Teamwork works. It's good to be individually brilliant; but unless you're able to work with a team and harness each other's core strengths, you'll always perform below par because there will always be situations at which you'll do poorly and someone else does well.
Note that neither the tortoise and hare 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. Maybe in your current situation you are always working hard but never winning the race. Maybe it's time to look back and change your strategy.
But the greatest lesson I've learned here is that in terms of building wealth, the power of a team is very important. The members of the community are either tortoises or hares (no pun intended :), but the thing is, WE WORK TOGETHER. The businesses we teach here are entirely different from the cultures of corporate employment and traditional business, where it is more of a dog-eat-dog, survival of the fittest kind of thing. In employment, to be promoted, you must perform better than the rest (or be a better ass-kisser :). In traditional business, would you teach your business strategies, models, etc. to another businessman? I don't think so.
Here in Create Abundance, it's a different world, and I love it because it matches my core values. We highly value the power of leverage, of forming teams and creating win-win situations. This could be a reason why we Filipinos only excel at individual sports (billiards, boxing) but not in team sports because we lack teamwork. And here all members are either tortoises or hares, but the best part is that everyone is working together towards crossing the finish line.
These are some of the lessons I've learned while being a volunteer business coach of this wonderful community. So if you feel that you're a tortoise or rabbit but you somehow can't find a way to win the race of your life, maybe it's time for a "rematch." :)
Akbar & Birbal
One day Akbar thought about professions and wanted to know which profession was most popular in his capital. He asked about this to his courtier. Some said it would be trade, other said soldiering.
When it was Birbal turn, he arose from his seat and bowed before Akbar and said, “Your Majesty, in my opinion it’s Medicine.”
This was surprising as there was just number of physicians in city. Physicians in court got furious and said, “you have no clue about how difficult is it to practice medicine and advice people about medical problems.
Birbal smiled and said, “I can prove this to you my majesty, If you come with me tomorrow morning.”
Next morning Akbar met Birbal on major crossroad in the city. Birbal had bandage on one hand. Akbar saw it and asked what happened.
Birbal said, “I cut my hand by mistake while cutting some fruits for breakfast.”
Birbal further request Akbar, “Your majesty you will have to write down the names of all the physicians we came across.”
Akbar agreed and said, “I will surely do but firstly be sure to wash that wound and apply ointment on it.”
They sat at busy crossroad through all day. Birbal was a well known personality so anyone who passed by inquired about his injury and advised him some or other medication.
As day went on list grew long, Akbar got tired so suggested to go home.
Birbal asked for list and said, “Majesty you forgot to write your own name on the top of list. You were the first to advise me.”
Hare & Tortoise (Extended Version)
1. Once upon a time a tortoise and a hare had an argument about who was faster. They decided to settle the argument with a race. The tortoise and hare both agreed on a route and started off the race. 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. He sat under the tree and soon fell asleep. The tortoise plodding on overtook him and soon finished the race, emerging as the undisputed champ. The hare woke up and realised that he'd lost the race.
The moral of the story is that slow and steady wins the race. This is the version of the story that we've all grown up with.
2. But then recently, someone told me a more interesting version of this tortoise and hare story. It continues.
The hare was disappointed at losing the race and he did some soul-searching. He realized that he'd lost the 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. So he challenged the tortoise to another race. The tortoise agreed.
This time, the hare went all out and ran without stopping from start to finish. He won by several miles.
The moral of the story? In business, fast and consistent will always beat the slow and steady. If you don't act with a sense of urgency, you will get left behind.
3. But the story doesn't end here. The tortoise did some thinking this time, and realized that there's no way he can beat the hare in a race the way it was currently formatted. He thought for a while, and then challenged the hare to another race, but on a slightly different route. The hare agreed. The tortoise and hare started off. In keeping 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. The finishing line was a couple of kilometers on the other side of the river.
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.
The moral of the story? Don't over-analyze and over-think. Just take action.
The story still hasn't ended.
4. The tortoise and hare, 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. So the tortoise and hare decided to do the last race again, but to run as a team this time.
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. On the opposite bank, the hare again carried the tortoise and they reached the finishing line together. Both the tortoise and hare felt a greater sense of satisfaction than they'd felt earlier.
The moral of the story? Teamwork works. It's good to be individually brilliant; but unless you're able to work with a team and harness each other's core strengths, you'll always perform below par because there will always be situations at which you'll do poorly and someone else does well.
Note that neither the tortoise and hare 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. Maybe in your current situation you are always working hard but never winning the race. Maybe it's time to look back and change your strategy.
But the greatest lesson I've learned here is that in terms of building wealth, the power of a team is very important. The members of the community are either tortoises or hares (no pun intended :), but the thing is, WE WORK TOGETHER. The businesses we teach here are entirely different from the cultures of corporate employment and traditional business, where it is more of a dog-eat-dog, survival of the fittest kind of thing. In employment, to be promoted, you must perform better than the rest (or be a better ass-kisser :). In traditional business, would you teach your business strategies, models, etc. to another businessman? I don't think so.
Here in Create Abundance, it's a different world, and I love it because it matches my core values. We highly value the power of leverage, of forming teams and creating win-win situations. This could be a reason why we Filipinos only excel at individual sports (billiards, boxing) but not in team sports because we lack teamwork. And here all members are either tortoises or hares, but the best part is that everyone is working together towards crossing the finish line.
These are some of the lessons I've learned while being a volunteer business coach of this wonderful community. So if you feel that you're a tortoise or rabbit but you somehow can't find a way to win the race of your life, maybe it's time for a "rematch." :)
Japanese Fishing Co. - Story
How Resources, Skills and Abilities Make a Difference.
Japanese loved fresh fish but for decades close by water has not held many fishes. So to feed Japanese population, Fishing boats got bigger and went further and further than before.
Further the fisherman went for fishing, more time it took them to bring back the fish. Because it took a lot of time to get back after catching fishes, fishes were not fresh and didn’t taste good.
Now, to solve this problem, Fisherman started to install freezers on their boats. So that after catching fishes they could freeze them at sea and this allowed fishermen to go further and stay longer to catch more fishes.
However, Japanese could taste the difference and they didn’t like frozen fish.
This made Fishing company think for further solution and installed fish tanks in their boats. Now, they would catch the fishes and stuff them in tanks. After little trashing around these fishes were tired, dull and lost their freshness.
This lead fishing companies to face an impending crisis.
Today, same fishing companies get fresh tasting fish to Japan..!! Wonder how they managed to keep the freshness of fishes??
To keep fishes fresh. Japanese fishing companies still put the fishes in the fish tank But with a small shark..!! Because of shark fishes are challenged and constantly on move. This challenge keeps them alive and fresh.
Moral:
In our life New challenges Keeps us Active. If you steadily win challenges, you are happy. These challenges keeps you energized.
In our life New challenges Keeps us Active. If you steadily win challenges, you are happy. These challenges keeps you energized.
nice article
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