The Secrets of Winning: Seven lessons from Formula One

Last month we sat down with Mark Gallagher to talk motor racing, F1 politics and his forthcoming book, ‘The Business of Winning’.

Over the course of the day we identified seven lessons from Formula One which can be applied to the world of business, all of them present in the winners of today and yesteryear.

To make it easier to digest we’ll separate the interview into two parts; this one about transferring the winning ways of F1 into business and a second piece about F1, past, present and future.

Contents

• 1. Winners surround themselves with other winners

  2. Winners become the best they can be

  3. Winners innovate and make their own rules

  4. Winners continually adapt

  5. Winners understand that failure leads to success

  6. Winners inspire success in others

  7. Winning organisations reduce complexity and empower leaders