As a guest of AMD, I went to Indianapolis to watch the top Ferrari team once again whomp the other nine teams in what remains one of the most expensive sports in the world. This racing team has been winning for so long and is so dominant in this sport that I often wonder why anyone watches these races anymore. The outcome often seems preordained.There are four major tech companies that back Formula One racing: AMD, HP, Intel and Siemens. I’ve studied tech companies for several years and can see parallels between the companies that do well in racing and in the tech industry. I also was able to see how the team relationships with the sponsors make a huge difference when the relationship goes beyond just the name.Working for a poorly run company — or a losing team — can be a waste of your time. If you think of it, time is the one thing you have that you can’t get more of. What follows are my observations of the things we can learn from the winners.On the flight home after the race, I watched a 60 Minutes interview of Oracle’s Larry Ellison. They focused on his competitive… Read full this story
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