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Ferrari chairman Luca Cordero di Montezemolo shares stories about leadership from Formula One Racing in this detail-oriented keynote. Using the example of the three fantastic drivers Niki Lauda, Michael Schumacher and Fernando Alonso, Montezemolo discusses how winning is not only about being a good driver but having exceptional leadership skills as well. Formula One is about team work and this can be applied to the realms of politics or business, as none of these are a one man show. As Montezemolo states, by bringing the right people together, a leader can create a winning team.
There are two key takeaways that Montezemolo provides to leaders. The first is being a maniac in the details because in a sport where you can lose by a millisecond, you have to be completely focused on all details. And, the next piece of advice from Montezemolo is to hire people who are far better than you. By not being jealous of their skills, a leader mentors employees, placing them in the best position to succeed.