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TeamTips: Team Leaders' Resource LibraryPractical how-to help for people who want to be better managers. This podcast is the audio companion to our fortnightly newsletter, TeamTips. TeamTips is predominantly aimed at those in operations, and covers both man-management (40%), and operations mana Author: Karl McCracken Language: en-us Genres: Business, Business News, News Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Formula One: A SMED Lesson.
Tuesday, 12 December, 2006
Set-ups and changeovers are important to most of us, but for some industries they’re absolutely critical.One such ‘industry’ is Formula One Racing. F1 teams are expensive to run (£80M a year - that's around $150M) and rely on sponsorship to survive and the more successful teams demand a higher sponsorship. These days, as cars become more equal and more reliable, races can be won and lost in the pit lane.In our training programmes and workshops we use the analogy of a Formula One Pit Crew to get across the need for planning, organisation and structure (hence the name of the newsletter).You can download our article about the lessons from Formula 1 from our main site, in pdf format. There's also a lot more information on our SMED training and SMED consulting pages.
