Search

F1 Racing and Business Agility



Introduction


F1 is all about raw speed, challenging drivers to reach the checkered flag first and setting race cars on a thrilling journey from the starting grid to the checkered flag. The sport’s action and drama is amplified in games, making them great for fans of all ages. Whether you’re an agile enthusiast or a casual F1 fan, you’ll find something to love in this article. We’ll take a closer look at what makes F1 have parallels to business agility, and how F1 can inspire you to think about how you can apply F1 principles and mindset to your organization.

Agile is all about moving fast, taking risks and being responsive to feedback. It’s a set of principles, values and behaviors that help teams and individuals work together more efficiently. It’s a set of ideas that can be applied to any situation, and it’s constantly being evolved and improved. Similarly to how an F1 team is improving its car, it's drivers, and sponsors to stay as up to date as possible.

F1 teams take a very similar approach to their racing cars. They’re constantly improving their cars, their drivers, and their sponsors to stay as up to date as possible. They’re looking for ways to improve their cars’ performance and reliability, and they’re constantly looking for ways to improve their team’s ability to work together as a group. They’re also constantly looking for ways to improve their race strategy, so that they can try and win the race.

Does that sound familiar?

Like F1 teams, organizations that are adopting agile methods are constantly looking for ways to improve their processes, their products, and their team’s ability to work together. They’re looking for ways to improve the product’s performance and reliability, and they’re constantly looking for ways to improve the team’s ability to deliver. They’re also constantly looking for ways to improve their transformational strategy, so that they can try and win essentially the race to market.


F1 Netflix Series

F1 has recently been adapted into a Netflix series, and if you haven’t seen it yet, you really should. The first season is an incredible documentary that takes a closer look at the history and current state of the sport. It dives deep into the strategies that teams use to win races, and it gives you an inside look at how drivers prepare for a race weekend. This is something that really got me into F1, to really understand with the pressure we face, how does one lead a transformation at the speed of what I witnessed with F1 teams. The technology, data, and rate at which feedback is captured was something that intrigued me so much that I really wanted to write about and share with you all.






The Parallels

https://forum.slowtwitch.com/forum/?do=post_attachment;postatt_id=13904

As you can see behind the car there is a lot of collaboration year round, till race day. So many systems and people have to work together to really rapidly understand the data and how they can continuously improve as they learn from the race data. It is a unique and rewarding experience to watch the evolution and improvement of F1 race cars and teams. I’m glad I took the time to understand the parallels between F1 and the agile mindset. I hope to see more teams and organizations adopt the F1 approach to continually improve their product, their team, and culture.


F1 Racing

Agile Organizations

F1 Principal

Agile Coach

F1 Engineers

Development Teams

F1 Sponsors

Investors/Board of Directors

​Technical Chief

Technical Architect

Chief Operating Officer

​Product Owner

Chief Executive Officer

Business Owner

F1 Team Owner

Decision Maker

Conclusion


F1 Agility is something organizations should look into, what are your thoughts? At the speed at which the feedback loop scales is something that can be applied to any situation, and it’s constantly being evolved and improved. Should F1 put out their framework called F1 Agility? I’d love to hear your thoughts, and if you've seen the Netflix series F1, what did you think?


Share this article with a friend and let's continue the conversation!


Interested in learning how Boostaro can help apply these F1 and Business Agility principles to your organization? Connect with us TODAY!









93 views0 comments

Recent Posts

See All