Team leading skills

When Covid-19 struck in 2020, it affected every sphere of our daily lives and worldwide economy in ways most people couldn't have imagined. As the lockdowns forced everyone to work remotely, and most brick-and-mortar businesses went online, thousands of companies were about to face unanticipated changes. On the one hand, the global pandemic profoundly affected every business and team management process. But on the other, the pandemic has been the most significant driver of digitalization for U.S. and European businesses. According to the Flexera 2021 State of Tech Spend Report , one of the top concerns of CIOs in 2022 continues to be digital transformation. A report by McKinsey states that the Covid-19 pandemic has accelerated the adoption of digital technologies by several years. The vast majority of these changes will remain even after the Covid-19 pandemic has passed. During the global pandemic, many consumers transitioned to online services, and companies and … [Read more...] about Developing Team Efficiency in the Post-Pandemic IT Landscape

Data brought a slowly moving revolution to the business world. While it has completely changed, and may still change, the way we approach processes, many companies still struggle with it. There's an implicit understanding that being data-driven is beneficial, yet no one can quite pinpoint how to become data-driven. Most organizations build data analytics like they would create any new department. It's a somewhat isolated project that's intended to provide valuable insights to others. Unfortunately, such an approach can lead to many organizational errors that make data teams inefficient. A common red flag in a business is if the data team produces little to no impact on daily operations. It may become visible due to an internal complaint or through day-to-day operation analysis. However, there are ways to avoid this issue. Related: The Hidden Advantages Data-Driven Sales Teams Have Data silos and other problems Businesses, in a poetic way, woke up one day to find … [Read more...] about Why Businesses Should Take a Cultured Approach to Data

The last time I got a haircut, my stylist and I got into a discussion about wanting more out of life. We talked about taking more time off, making more money, working fewer hours and all kinds of things. As she snipped and combed, I started asking some questions. Did my stylist have a good relationship with her daughter? Could she go on vacation to her favorite spot in the world? Was her job flexible, and did she have great friends? Going through all of these questions, my stylist gradually brightened and so did I. Maybe she didn’t have a crew of stylists working for her, but she was making it — actually, she was crushing it. In our discussion, we learned that sometimes people think of success as a big title like CEO. I can certainly think of CEOs that are enjoying their life, but I can also think of more than one miserable CEO who is swimming in accolades and money but starving for real friends — unable to be present with their families and having no time for the simple … [Read more...] about A CEO Title Doesn’t Always Equal Success. Here’s What Does.

Listen to this article 12-months ago, a little known combination made their debut in the GTA Asia Series and won both rounds of the season opener at Korea International Circuit, a result which allowed lead driver Anthony Liu to take his title challenge all the way to the final round in Macau. 12-months on the GT Asia Series regulars were well aware of the abilities of the two BBT Ferrari drivers, but after qualifying towards the tail end of the top ten, they could well have been forgiven for letting the 2014 result slip their minds, a situation which ultimately played into the hands of the Chinese-based team who went on to win their third straight Korean round. “To be honest we expected maybe third,” Liu admitted matter-of-factly, but I could see the leaders fighting for position ahead of me, and before long I was on their tail, and neither of them made it difficult to move into the lead.” ...there was a Bentley between us [Fong] that moved at the last minute and … [Read more...] about GT Asia: Consistency paves the way for a third straight victory in Korea

Two classic Nigel Mansell Formula 1 cars fetched over £6million combined when they went up for auction in Monaco. As a Formula 1 World Champion and 31-time race winner, Mansell throughout his Formula 1 career got behind the wheel of several iconic cars. And two of those went under the hammer via Sotherby’s in Monaco. The first of these cars was the 1991 Williams FW14, the challenger that perhaps most famously became a taxi for Ayrton Senna at Silverstone that year. Mansell had claimed pole and won the race after leading every lap, as well as setting the fastest lap of the race, while Senna’s McLaren had ran out of fuel on the final lap. Mansell would pick his rival up on the victory lap to give him a lift back to the pits. That Williams FW14 was gifted to Mansell by the team at the end of the season, but having put it up for auction, the car fetched a whopping £3.45m. That’s even with the car unable to run, since Renault had taken their engine from it before the car … [Read more...] about Mansell made over £6m from two F1 cars at auction

AlphaTauri’s biggest weakness compared to their rivals is their lack of aerodynamic efficiency, Pierre Gasly says. Advert | Become a Supporter & go ad-free Gasly currently sits 13th in the drivers’ championship after five rounds on six points – ten fewer than he had scored after the first five races of 2021. The team’s best result of the season came from the Emilia-Romagna Grand Prix, where Gasly’s team mate Yuki Tsunoda finished in seventh place. Asked by RaceFans what area of the team’s AT03 is in greatest need of improvement, Gasly pointed to the car’s aerodynamic efficiency. However he stressed a solution would not be coming in the short term as the team “don’t really have any anything in particular for this weekend” in terms of upgrades. “I think we know it’s mainly aerodynamics,” Gasly said. “We know that’s the main thing. “It’s mainly trying to find more load from the floor, trying to be more efficient, less drag and more load on the car. It’s wind … [Read more...] about No short-term fix for AlphaTauri’s aerodynamic deficit – Gasly · RaceFans

In this ongoing series, we are sharing advice, tips and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Answers have been edited and condensed for clarity.) Who are you and what’s your business? I am Paul Mullis, President of Americas, at Rillion , where I’ve spearheaded the launch of the company in the United States. Our goal is to help AP professionals and finance teams not only save time and money by minimizing manual work, but also provide greater transparency to eliminate bottlenecks in payments and invoice systems. What inspired you to create this business? The recent rise in remote or hybrid work, combined with the vulnerabilities that the AP industry faces with fraud, overdue invoices or incorrectly paid invoices, truly showed me a need to bring a cloud-based solution to the United States to solve this. We're lightening the workload of AP professionals, allowing them to quickly pivot to remote work and focus on … [Read more...] about You Don’t Have to Be a Business Owner to Think Like an Entrepreneur

Listen to this article It was Indianapolis Motor Speedway founder Carl Fisher who came up with the idea of ditching the standing start for the more spectacular – and in Fisher’s mind, safer – rolling start. He would lead the field – at that time, 40 cars arranged in eight rows of five! – driving a Stoddard-Dayton at 45mph. Every Indy 500 has used a pace car ever since. Fisher paced the first five and then it became the duty and honor of various automotive industry figures or retired racers, and a great marketing tool for car manufacturers to supply the cars. That had the potential to raise some interesting juxtapositions – Louis Chevrolet piloting a Chrysler in 1926, for instance – and cause some issues after the race, too. From 1936 it became traditional for the 500 winner to be awarded the pace car, but in ’65, the Ford Motor Company, fundamental to Team Lotus’s assault on the Indy 500, did not let its winner Jimmy Clark accept the keys to the Plymouth Sport Fury pace car. … [Read more...] about Every Indy 500 pace car and its driver, 1911 to 2022

Brit Morin was 25 when she left Google to start Brit + Co , a lifestyle and education company aimed at helping women cultivate creative confidence. Now — 10 years, $50 million in funding and 1.2 billion pageviews later — Morin’s passion is empowering more women to take the entrepreneurial leap. She’s a managing partner at VC fund Offline Ventures, host of iHeartRadio podcast Teach Me Something New , creator of Selfmade, a 10-week start-your-own-business course for women founders, and most recently — Entrepreneur advice columnist. Find her here answering the most personal and pressing questions of women entrepreneurs . Have a question for Brit? Email it to [email protected] , and she could answer it in an upcoming column! I feel stuck in my business. What can I do to help it grow? Feeling stuck in your biz can be super uncomfortable, but it's also an opportunity to take a step back and reevaluate what is and isn't working. Depending on the specifics of what … [Read more...] about Dear Brit: ‘What Can I Do to Help My Business Grow?’