Performance at the Limit Business Lessons from Formula 1 Motor Racing [Paperback]

Studies the case of Formula 1? to show how businesses can achieve optimal performance in competitive and dynamic environments.This book is aimed at business professionals and graduate students taking courses in strategic management. It uses the case of Formula 1? to show how businesses can achieve optimal performance in competitive and dynamic environments. This third edition has updated interviews and lessons applied to business context.This book is aimed at business professionals and graduate students taking courses in strategic management. It uses the case of Formula 1? to show how businesses can achieve optimal performance in competitive and dynamic environments. This third edition has updated interviews and lessons applied to business context.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.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, 19502015; Appendix B. Grand Prix graveyard, 19502015; Appendix C. Interview respondents (contributing to this and previous editions); Appendix D. FIA regulatory process; Notes; RlCW