September 06, 2014

On being efficient: lessons from FI pit stops

Efficiency means:



1.  Doing things fast with quality and accuracy;

2.  Having more output than inputs

The greatest example of efficiency is Formula 1 pit stop which can be accomplished in under 6 seconds (vs 67 seconds 40 years ago)  There are 20 people doing this:  changing tires, refuelling the vehicle, cleaning the air intakes, the visor of the driver,, and polishing the car.   The race can be lost or won by the performance of the pit crew, or the pit stop strategy:  one vs two pit stops.... Having full tank that can slow down the car in  single pit stop;   or less fuel so that the car can run faster in a two pit strategy:





What are the lessons from pit stops of formula car racing

Can our office efficiency come close?







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