After one of the greatest winning streaks in all of sports, the team principal for MercedesAMG Petronas—arguably the most impressive team in F1 racing history—finally had a losing season. He shares what he's learned, what’s changed about his leadership style, and what’s not. Harvard Business School professor Anita Elberse, who cowrote a case study on Wolff’s management style and practices, interviews him about looking back at a tough season, and looking forward.
Read more about Wolff and Prof. Elberse’s findings in this HBR article: https://hbr.org/2022/11/numberonein...
00:00 Looking back on a season that didn’t go exactly as planned.
01:13 How do you cope emotionally with losing?
02:30 The dangers of getting used to not finishing first.
03:00 What went wrong this season?
05:30 Micromanaging may work when you're wining, but what about when you lose?
07:37 Are you a different leader after this last season?
08:52 Is there one key lesson from this?
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