Driving our Team to Pole Position
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Formula One racing is used as an analogy for running a successful business team. Key strategies for both include using data analysis to improve performance, providing training to develop skills, recognizing the importance of all team members, clearly defining roles and expectations, and finding new opportunities. The document discusses these five strategies and how they can be applied to both Formula One racing teams and business management.
Driving our Team to Pole Position
- 1. Driving our Team to Pole Position
- 2. • Formula One, Formula 1, and F1 is the highest class of single-seat auto racing that is sanctioned by the Fédération Internationale de l'Automobile (FIA). • And it is a hugely successful multinational business employing thousands of people around the world. Driving our Team to Pole Position Introduction
- 3. • The "formula", designated in the name, refers to a set of rules with which all participants' cars must comply. Driving our Team to Pole Position Important
- 4. • Formula One is a microcosm of global businesses, and to be successful in it requires: – Strong skills, leadership, vision, communication. – The ability to design manufacture, develop and bring to market a constantly improving high-technology products. – The skill to work to immovable deadlines with hundred of suppliers and demanding customers in a 20 event schedule around the world. Driving our Team to Pole Position Formula One – Main Features
- 5. Driving our Team to Pole Position 05 Main Strategies Formula One Our Team
- 6. Driving our Team to Pole Position 01 – Using data analysis to improve performance Formula One They always use highly sophisticated equipments to gather data from their race driver and car aiming to improve their performance and results. Our Team We must analyse our team performance under smart management tools to find out vulnerable spots and develop new strategies to improve results.
- 7. Driving our Team to Pole Position 02 – Getting the driver skills up Formula One They provide the best training and all the necessary support for their race drivers, helping them to improve their technical skills and psychological profile. Our Team Offering employee training is a great opportunity to get them prepared to face the always changing and competitive marketplace
- 8. Driving our Team to Pole Position 03 – Being aware of the importance of the crew Formula One A racing team manager knows really well that each of his team member performs a vital role in the success of the race team during a F1 season. Our Team A manager should be aware recognising that all of his subordinates are important and necessary to achieve the company goals.
- 9. Driving our Team to Pole Position 04 – Getting the most of our crew Formula One A racing team manager gets the most of his team when he is clear about their responsibilities and rules. Our Team It is important that a team is well informed about their roles and company expectations to avoid any misunderstanding or misguidance.
- 10. Driving our Team to Pole Position 05 – Making sure the race is worth Formula One Taking part in the Formula 1 involves much more then racing. It involves the development of new technology and safety equipments that means business for the car industry. Our Team A manager should help his team to find out new business opportunities through brainstorming and bechmarking, helping out the company to increase its financial resources and profit.
- 11. • Websites: • http://www.nytimes.com/2014/11/29/sports/a utoracing/grand-prix-strategies-for-the-real- world.html?_r=0 • http://www.formula1forbusiness.com/ • http://www.formula1.com/inside_f1/understa nding_f1_racing/5290.html • http://www.inc.com/peter-economy/7-ways- to-put-your-people-first.html?cid=readmore Driving our Team to Pole Position Our main sources – Thank you
- 12. Feel free to send us an e-mail. Our Website: www.licoreis.com Our E-mail: licoreis@licoreis.com licoreis@licoreis.com.br Linkedin: Roberto de Paula Lico Júnior Skype: roberto.lico Driving our Team to Pole Position Our Business Contacts
Editor's Notes
- #2: In today's workplace, computers and electronic communications are the norm rather than the exception. Computers, e-mail, electronic databases and on-line research play an important role in many businesses today. Technological advances have made electronic communication indispensable in today's workplace. According to recent reports, text messaging figures into L.A. train wreck probe. Investigators of last week’s L.A. train wreck that killed 25 people are looking into a report that an engineer blamed for missing a stop signal light may have been distracted by text messaging. Today, we will discuss the ever-increasing use of technology in the workplace, its potential for abuse and how employers can protect themselves.
- #3: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #4: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #5: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #6: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #7: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #8: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #9: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #10: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.
- #11: Last year, the inability to produce subpoenaed e-mail resulted in million dollar—even billion dollar—lawsuits against U.S. companies.