Team Leaders' Resource Library

***For Karl McCracken's personal (mainly triathlon) blog, please visit http://karlmccracken.wordpress.com/ This blog is an alternative way for you to get access to our TeamTips series of articles. TeamTips is a short, fortnightly article that's aimed at TeamLeaders. Each edition covers a subject that's important for Team Leaders' performance - both in technical issues and man-management.

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Tuesday, December 12, 2006

Formula One: A SMED Lesson.

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.

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