The four tyres of business
A Strategic Management consultant was giving a speech to a group of entrepreneurs on a topic related to business improvement. At the end of the session, an entrepreneur asked, "can you give us one powerful tip to run an effective business."
The consultant asked for a few minutes and plugged in his laptop the present the point.
The consultant showed four different sizes of tyres
and asked, "can you fix these four tires to your car and commute?
The audience responded by saying "No"
The consultant showed four same-size tyres and asked can you fix these four tires to your car and commute?
The audience responded by saying "Yes"
The consultant wrote on the board, each tyre
represents the following - Vision, Mission, Values and Goals. When all four are
in sync, your business will never sink. Aligning the four helps you to work
effectively daily without losing focus on the future.
The audience stood for a standing ovation and the consultant thanked the audience for their gesture.
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