The Mercedes Formula 1 team have their headquarters in Brackley UK, in a purpose built facility, which once used to be home to the Brawn F1 team, who helped Jenson Button achieve his world championship in 2009.  The team through five shifts, supported by more than 700 employees work 24 hours a day, seven days a week on design, development and manufacturing activities. More than 250,000 working hours go into the design of a Formula 1 car, and a further 200,000 hours plus are spent on production. Only during the two-week summer break and on Christmas Day do the workshops in Brackley fall silent.  It is through this incredible dedication and team effort that Mercedes F1 remain in such a prominent position on the Formula One grid.

However, 2017 has been a season of ups and downs for Lewis Hamilton and the team.  In Austria the results were not good.  Although in the next race, the British Grand Prix, Lewis’s home grand prix at Silverstone, not only did he obliterate the field with his stunning pole position time, he also dominated the race, winning by a clear 14 seconds from his teammate and closing the world championship to one point at the halfway point in the season.

So, how could Lewis and the Mercedes F1 team have a poor performance in Austria, only 2 weeks before, then come to the British GP and dominate the whole weekend ?

Their are two main factors:  the first is a highly motivated team, at the Mercedes headquarters, who works 24 hours a day.  The second is as a result of data and the analytics software / tools to determine where the time is being lost.  It is this data which allows the team to focus on making the right decisions about what changes need to be made to the car, to make it more reliable, faster and more competitive.

Mercedes F1 team for 2017, have seen the importance of this data and how time critical it can be in terms of being able to view and assimilate the next steps from this data.  So much so that rather than waiting for the car to enter the pits, the data is transferred via a wifi connection, before the car arrives back to the pits.  So the data is transmitted before or without the need to plug in computers to the car.   This data is in turn sent back to the engineers at the Mercedes factory in the UK., for them to assess where changes can be made with regards to short term gains or longer term gains, as in the performance change from the Austrian GP to the British GP.   The Mercedes F1 car, employs around 200 physical sensors, which log up to 1,000 channels of data, generating 2 Gigabytes per hour of data.

Their are many analytics tools and software available on the market today, however, the main players are SAP, Tibco and Microsoft Dynamics.  The Mercedes F1 team having formed a partnership with Tibco to provide them with the analytics software and tools to support their decision making for 2017.

With regards to the Mercedes Formula 1 team and other F1 teams, the data analytics tools provide the following technologies and decisions:

Formula One engineering teams rely on analytics software to guide them through data from aerodynamic advances, fuel efficiency, renewable energies, and crash protection to make innovations possible that benefit the F1 community as well as the general public.

Augmented Team Work

Analytics enable all race participants, from pit crew and tire partners to engineers and drivers, to quickly identify where the next improvement is needed. Data is not only the common language towards performance but also, the rally cry of F1 victory.

Split-second Decisions

Streaming analytics are able to capture large volumes of data produced by the car’s sensors and compare it to constantly changing conditions to allow teams to seize short-lived opportunities and make the right decision, when it matters most.

Data analytics tools and software act like a digital nervous system, allowing you to build intelligence in your business, generate actionable insights in real time and let you capitalize on them. The platform letting you source the right data, analyze it with various techniques, and implement the resulting insights as a closed-loop solution with built-in continuous learning.

So, you can see how important and key it is for the Formula 1 teams to compete at the highest level with the other teams at the pinnacle of motorsport.  However, with the right data and the right software tools configured to your business, you can put the data to work at every level of your organization. Arm employees with information most relevant to their roles, decisions, and actions to build knowledge, experience, differentiation, and an extraordinary ability to act in ways that delight customers.

In Summary

Your data is a gold mine and will be the key to gain the advantage over your direct competitors, as businesses continue to transform over the next 5 years through ongoing digital transformation efforts.

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The post Data is not only key for F1 teams but key for your business appeared first on Intelipad - Management and Business Consulting - Greater Manchester.

Creating a happy project team.  Ok, so you are the project manager and your role is to ensure that the project delivers on time, to cost and meets the quality expectations.
You are not alone in terms of delivering the project, you will be managing a team of individuals, who are your enablers in terms of whether the project is a success or not. They are the one’s who will be developing, designing, building, testing and implementing the systems.

So, it is key to remember that you are “nothing” without these individuals, in other words it is highly unlikely that you could deliver the project without their assistance and expertise. Taking this in to consideration, it is critical that this team of individuals are motivated and in particular happy. The creation of a happy workplace is key to a teams productivity and it is your responsibility as a leader.

I have a saying that goes “treat others, how you would like to be treated”, which highlights that you would prefer to work in a happy environment, so why not ensure that you create one for your team. In terms of companies that create a fun and happy environment for their employees, a good example is Google. And you only have to look at how this company has grown, to see that a happy and fun environment, encourages employees creativity. Companies or teams that create such an environment, also have more committed and loyal individuals.

As a manager you should also make sure that you never engage in destructive criticism since this causes feelings of fear, rejection, anger and defensiveness. You should view problems as opportunities and work with the individuals to overcome them. This may be through identifying training courses or providing coaching and mentoring. As a manager you should never shy away, it is your responsibility to ensure that your teams feel that they can be creative and make mistakes within a supportive environment.
Never ever, condemn anyone for any reason, since this can irreparably damage relationships, as well as making the individual feel resentful, afraid and unmotivated due to fear of failure.

Some final tips, which don’t cost anything and which help to create a happy workplace:
You should make the time to talk to members of your team on a daily basis and not just about work.

Make sure that everyone has the same communication, as the saying goes “make sure that everyone is on the same page”

Keep your team abreast of any risks or issues. Since working on the basis of a creative environment, they should be able to help overcome. And remember “a problem shared”

Don’t forget to thank your team or say well done. It costs nothing and their is no one that I have ever come across, who doesn’t like to be told they have done a great job or made to feel that their contribution to the delivery is highly valued.

The post Creating a happy project team appeared first on Intelipad - Management and Business Consulting - Greater Manchester.