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Full Description
The world of Formula 1® is a powerful mirror to the world of management, where high performance relies on strong leadership, clear goals, selfless teamwork, innovation through constant learning and a winning culture. Performance at the Limit: Business Lessons from Formula 1® Motor Racing uses the case of Formula 1® to demonstrate how business can achieve optimal performance in highly competitive and dynamic environments. This third edition has been extensively updated, including a powerful new framework, 'The Performance Pyramid', recent interviews with leading figures in the industry, and a wide range of lessons for improved business practice. It will be an invaluable guide for managers and students of business alike.
Contents
Acknowledgements; 1. Overview and Formula 1® experience; 2. PATL performance framework; 3. Enabling leadership; 4. Constant learning; 5. The power to change; 6. Right people in right places; 7. Formula 1®: a team sport; 8. Partnerships (sponsorship); 9. Winning culture; 10. Learning from F1® teams; Appendix A. Grand Prix champions, 1950-2015; Appendix B. Grand Prix graveyard, 1950-2015; Appendix C. Interview respondents (contributing to this and previous editions); Appendix D. FIA regulatory process; Notes; References.