5 stages of team development

As technology has become a vital component of businesses across all industries, many organizations have added technology professionals to their executive teams. This empowers tech leaders to go the extra mile and contribute to the business's broader strategy and decision-making. This necessitates familiarity with fundamental business concepts to comprehend all potential ramifications and effectively communicate your views to other leaders and executive members. Therefore, what do CIOs, CTOs and other tech executives need to know to become full leadership team members? This article outlines some of the concepts you need to master to be an effective IT leader . Related: The Entrepreneur's Simple Guide to Business Concepts 1. The business's key performance indicators (KPIs) As businesses establish new models based on digital technology, IT departments should monitor two categories of digital business KPIs. The first set evaluates the existing state of digitalization … [Read more...] about 7 Critical Business Concepts You MUST Master to Be an Effective IT Leader

A grand prix in Miami has been a top target for Formula 1’s owners Liberty Media since they took over the sport five years ago. Advert | Become a Supporter & go ad-free But the route to this weekend’s inaugural grand prix has been far from smooth. Since the race was first mooted, when a radical route including an underground tunnel was considered , many different configurations have been proposed, amended and rejected. The original venue for the race had to be abandoned due to local opposition. A new site was chosen, where the race will take place this weekend, but that layout too has been through many revisions. Here’s how the final, 5.4-kilometre Miami International Autodrome which will hold this weekend’s Miami Grand Prix evolved from its predecessors. Original Miami Biscayne Bay track layout F1’s first choice of location for its Miami race was on the waterfront overlooking Biscayne Bay. Single-seaters had raced there before, including the CART IndyCar … [Read more...] about How Formula 1’s Miami Grand Prix track design evolved · RaceFans

Listen to this article F1 currently stages the Spanish Grand Prix at the Circuit de Barcelona-Catalunya on the outskirts of Barcelona, and has a contract in place with the promoters until 2026 . But Madrid has now thrown its hat into the ring as a potential future host city for a grand prix after writing to F1 CEO and president Stefano Domenicali to express its interest in hosting a race. Enrique Lopez, a cabinet minister for the Community of Madrid, sent a letter to Domenicali earlier this week expressing the Spanish capital’s commitment to a grand prix project. “It is my pleasure to write to you on behalf of the government of the Community of Madrid to express our interest in the development of a Formula 1 grand prix in Madrid,” Lopez wrote. “I believe that holding in Madrid a motor racing event, which is one of the most exciting sporting phenomena of our time, would be a success for all the professionals, institutions and companies involved in the development of … [Read more...] about Madrid expresses interest in hosting future F1 race

SEATTLE - There was a line waiting for Alysha Clark as the Mystics finished their shoot-around Thursday morning at Climate Pledge Arena. The Seattle Storm walked onto the court for its session and many Storm players - Sue Bird, Breanna Stewart, Jewell Loyd, among others - made a beeline to hug their former teammate. Clark was a key part of a Seattle team that won a pair of WNBA titles, and Thursday marked her first time in the arena wearing a visitor's jersey after signing with the Mystics before the 2021 season. The last game she played for Seattle was the title-clinching Game 3 against the Las Vegas Aces in 2020, a season when she was a unanimous selection to the WNBA's All-Defensive first team. "I don't overthink it too much because it takes you out of the moment," the forward said. "I'm here to play a basketball game. I'm here to win a basketball game. Everything outside of that is just . . . is what it is. These are friends for life. You come across that in any stage in … [Read more...] about Mystics’ Alysha Clark returns to Seattle, the city that launched her career

Three races into the season, Ferrari supporters had good reason to believe Charles Leclerc would deliver the first championship for one of their drivers in 15 years. Advert | Become a Supporter & go ad-free He’d opened his account with two wins and a second place, the latter a narrow defeat to Max Verstappen in Saudi Arabia. Red Bull suffered reliability problems in the other races which kept the champion from scoring. At this early stage in proceedings, Leclerc was already 34 point clear of his closest rival, and Verstappen lagged 46 off the lead. But since then the situation has dramatically reversed. Red Bull are undefeated in six straight races and Verstappen has built up an imposing lead. Meanwhile Leclerc has fallen to third in the standings, and may no longer be the driver Verstappen has to worry about the most. Is Leclerc still the driver most capable of beating Verstappen to the championship, or is another rival emerging which represents a greater … [Read more...] about F1: Is Leclerc still Verstappen’s greatest threat in the title fight? · RaceFans

Listen to this article Increased cockpit temperatures in the new-for-2022 hybrid cars have prompted the FIA and teams to react to address the issue that emerged during Rally Portugal in May. Conditions inside Rally1 cars have proven far hotter compared to the previous generation WRC car, courtesy of a key change in vehicle design that has resulted in the exhaust moving from a central position to the right side of the cockpit near to where the co-driver sits. As a result, temperatures have increased, with some drivers describing the conditions as unsafe in Portugal. This led to a swift reaction from the FIA, which drew up a list of quick modifications teams could make to their cars to help address the situation at Rally Sardinia last month, where ambient temperatures reached 40 degrees. Teams were permitted to redesign roof vents, add ventilation holes and fit reflective film to windows and roofs to reflect the heat away from the cabin, while the use of ceramic coatings … [Read more...] about M-Sport: Permanent WRC cockpit heat solution shouldn’t be rushed

Volkswagen’s chief executive, Herbert Diess, has confirmed Audi and Porsche will enter Formula 1 in 2026. Diess indicated Porsche’s plans were a little more certain at this early stage – which may well mean them linking up with Red Bull for an engine programme. Since last summer when they both became involved in talks over F1’s next generation of engines from 2026, Audi and Porsche, who are both part of the Volkswagen group, have been increasingly linked with joining the grid. Unofficial confirmation occurred in early April, as reported by Reuters , who are now attributing the official word to chief executive Diess in a YouTube video. There were not, however, any specific details from the 63-year-old Munich-born Austrian national, although Reuters reported that Porsche “intends to establish a long-term partnership with Red Bull starting in several years’ time”, which will essentially mean 2026. Reuters are also sticking to their story from March that Audi have put a bid … [Read more...] about VW CEO confirms Audi, Porsche F1 entries for 2026

Formula 1 has announced plans to have all Grands Prix to use sustainable products by 2025 and to have a net-zero carbon footprint by 2030. The globe-travelling motor sport, which next season will feature a record 22 races, and with proposals to have 25 per year at some stage in the next decade, naturally has a significant impact when it comes to carbon emissions. But following a 12-month project, F1 – in conjunction with governing body, the FIA, the teams, promoters and other stakeholders – is convinced it can deliver on its stated aims over the coming years. The initiative will not only cover the F1 cars and on-track activity, with the key to the strategy being a net-zero carbon hybrid power unit, but also the rest of the operations as a sport, such as logistics and travel, with additional plans for offices, facilities and factories to be 100 per cent powered by renewable energy sources. Chase Carey, chairman and chief executive of Formula 1, said: “Few people know that the … [Read more...] about Formula 1 aims for net-carbon footprint by 2030

Listen to this article Bruni joined Porsche’s factory stable in 2018 after a successful stint with Ferrari that yielded three class wins at the Le Mans 24 Hours and consecutive GTE Pro titles in 2013-14. Since then, the Italian driver has become a key member of Porsche’s WEC effort, most recently helping the German manufacturer score its first class win at La Sarthe in four years this month along with Richard Lietz and Frederic Makowiecki. However, while Porsche has picked Kevin Estre and Michael Christensen from its GTE Pro team to drive the 963 LMDh car next year, Bruni was absent from last weekend’s list of eight drivers signed for its factory campaigns in WEC and the IMSA WeatherTech SportsCar Championship with Penske in 2023. Two more drivers are expected to be announced at a later stage as Porsche continues testing the successor to the all-conquering 919 Hybrid, but Bruni has all but ruled out having any role in the marque’s first top-line sportscar effort … [Read more...] about Bruni not expecting Porsche LMDh seat, could look elsewhere