To capture the significance of a keystone, let’s first put it in perspective.
A keystone in architecture is a central, wedge-shaped stone designed to support the weight of the arch. It distributes the forces acting upon it.
When a load is applied to the arch, such as the weight of the structure, the arch exerts a compressive force on the keystone. This force is directed downward, attempting to push the keystone outwards. However, the trapezoidal shape of the keystone creates angled surfaces that allow the force to be redirected and transmitted along the arch towards the supports, typically the columns or walls on either side.
Friction comes into play to prevent the keystone from sliding or falling out of place. Friction is a force that opposes motion between two surfaces. In the case of the keystone, the frictional force between its surfaces and the adjacent stones resists the tendency of the keystone to move horizontally.
The angle of the keystone’s surfaces, combined with the frictional force, helps to stabilize the arch. As the compressive force is transmitted along the arch, the friction between the keystone and the surrounding stones prevents the keystone from sliding down or being pushed outwards. This results in a balanced distribution of forces throughout the arch, allowing it to support its own weight and any additional loads placed upon it.
Why are strategy, change, and risk considered to be the keystones of business?
In the context of business, a keystone represents the fundamental principle that provides structural support and stability. Every business has three such keystones.
Here’s how each of these concepts relates to being keystones in business:
- Strategy: Strategy is an organization’s overall approach to achieving its goals. It acts as a guiding principle and provides a framework for decision-making and resource allocation. Just as a keystone supports an arch, strategy provides direction and stability to a business by aligning its actions and capabilities towards a common purpose.
- Change: Change is an inherent part of business as it operates in a dynamic and evolving environment. Change helps businesses adapt and respond to external forces and internal needs like a keystone. Embracing change allows a business to remain relevant, explore new opportunities, and overcome challenges. Without a willingness to change, a business may become stagnant and lose its competitive edge.
- Risk: Risk is an essential aspect of business, representing the potential for uncertain outcomes or losses. Managing and taking calculated risks is crucial for growth and innovation. Just as a keystone’s stability relies on managing forces and friction, businesses must assess and mitigate risks to maintain stability while pursuing opportunities. By understanding and navigating risks effectively, businesses can make informed decisions and maximize their chances of success.
In summary, strategy, change, and risk can be seen as the keystones of business, as they provide support, adaptability, and stability, respectively. Just as keystones in architecture distribute forces and ensure the integrity of an arch, these concepts are fundamental to establishing a solid foundation and enabling sustainable growth in the business world.
Do you believe in better? You can achieve more and better with a Keystone Business System to guide your organization.
