How the most innovative companies work: Mattel - FROM FASTCO WORKS AND ATLASSIAN
Dec 17, 2024
auto_awesome
Roberto Stanichi, Executive Vice President of Hot Wheels, and Ted Wu, Head of Design for Hot Wheels, dive into the innovative spirit of Mattel. They discuss the enduring legacy of Hot Wheels, rooted in authentic car culture and collaborative design. The conversation highlights the exciting Hot Wheels Legends Tour, celebrating custom cars while fostering teamwork globally. The duo emphasizes how trust and respect drive their creative processes, showcasing tools like Jira Align and Confluence that enhance efficiency and innovation at Mattel.
Hot Wheels' enduring success stems from its unique blend of authentic design, collaboration, and a competitive spirit that pushes for continuous innovation.
Technological platforms like Jira and Confluence enhance global teamwork at Hot Wheels, enabling clear communication and project visibility in a post-pandemic environment.
Deep dives
The Origins and Evolution of Hot Wheels
Hot Wheels originated in 1968 as a response to a need for enhanced vehicle toys, standing out against the competition from brands like Matchbox. The brand's inception involved collaboration between a car designer from General Motors and a rocket scientist from Raytheon, embodying a spirit of innovation and creativity. This dedication to unique design and car culture has contributed to the brand’s longevity and success, as seen in the striking originality of the first 16 cars, each being custom creations rather than standard models. The combination of authenticity and a challenger spirit continues to define Hot Wheels, pushing the boundaries of what toys can be and ensuring its ongoing relevance in the marketplace.
Team Dynamics and Collaborative Culture
The team at Hot Wheels is characterized by a deep passion for cars and a dedication to collaboration, which is essential for solving complex challenges. Instead of relying on hierarchy, the culture encourages equal contributions from all team members, fostering innovative solutions through shared ownership of projects. This inclusive approach has led to impressive sales records, marking seven consecutive years of heightened sales performance. By embracing a 'challenge accepted' mindset, the team harnesses its collective creativity, allowing Hot Wheels to thrive and stay competitive in the industry.
Leveraging Technology for Global Collaboration
Technological tools play a vital role in facilitating collaboration among Hot Wheels' globally dispersed teams, especially in a post-pandemic landscape. Platforms such as Jira and Confluence provide visibility into projects and streamline communication, ensuring all participants are aligned and informed throughout the development process. This emphasis on over-communication mitigates the challenges posed by different time zones and remote working, fostering an environment of transparency and accountability. As Mattel continues to adapt and innovate, investing in new technologies and methodologies will be crucial for maintaining the high standards of quality and creativity inherent in the Hot Wheels brand.
With a history exceeding 50 years, Hot Wheels has proven it has staying power. Rooted in authentic car design and performance, the brand continues to innovate. In this episode, part of the Atlassian-sponsored 'Behind The Teams' series, Roberto Stanichi, executive vice president of Hot Wheels & the global head of vehicles; Ted Wu, head of design; and Subri Kovilmadam, Mattel’s vice president of technology, reveal how Mattel’s culture of collaboration works.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode