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.