3 Project Management Lessons From the Peloton – Key Elements Managers Should Take From the Tour de France

The Tour De France’s famous peloton–the large cluster formation cyclists form while racing–is not only a fantastic, chaotic sight but also a little-understood method to conserve energy. Made up of 200 riders from 22 teams, riders in the Tour de France’s peloton use this pack to draft off one another. The front rider endures the brutal wind and falls back after exerting their energy, thus preserving energy for key riders who are spared the wind and gain speed from drafting nearby racers.

Spectators can gain truly important project management lessons from these athletes. Project managers looking to refine their task management system should pay attention to the following advice gleaned from this unique sports phenomenon. Continue reading

Thriving at the Head of the Peloton: Key Lessons for Finance Professionals from Tour de France Sprint Legend Mark Cavendish

In cycling the “peloton” is a heaving mass of energy, aggression and power that forms when the main group of riders combines to exploit their collective power.

Riding in the peloton takes skill, strategy and teamwork and finance professionals can learn a lot from what it takes to succeed. As in business, the ultimate goal is to get over the line in first place.

The current rider with the most experience of doing just that is Etixx-Quick Step’s Mark Cavendish – sprint king and winner of 25 Tour de France stages.

In an interview with the BBC, Mark considers what life is like at the head of the peloton and the leadership and teamwork it demands have striking parallels with what leadership in the financial industry demands.

He judges that the most dangerous element in this environment are competitors who think they are fast, but aren’t. They can maintain the pace needed and become a risk to all around them. So, what else can business leaders take from the Manx Missile? Continue reading

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In services organizations, people make the difference. Do yours?

The intake of digitally advanced Millennials is a great thing for employers but at the same time is creating the most diverse workforces we have ever seen. There is a big divide between people’s digital abilities and willingness to embrace a new way of working.

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