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Renowned investor and writer Sir Michael Moritz talks about the collaboration with his friend and former Manchester United manager Sir Alex Ferguson on how to lead a business to success.

In Leading, Moritz and Ferguson distil the elements required to lead a team to the sort of world-class success enjoyed by Manchester United over a sustained period of time. They include the well-known elements of discipline, control, teamwork and motivation but also the less high-profile but no-less required elements of delegation, data analysis and dealing with failure. Moritz outlines the leadership skills shown by Ferguson and explains how they can be applied by anyone.

Moritz started as a journalist at Time magazine in the late 70s. He wrote the first book about Apple after being contacted by Steve Jobs, The Little Kingdom: The Private Story of Apple Computer. Moritz joined Sequoia Capital in California, rising to chairman in 2012. Sequoia has made alliances with young founders and made the first investments in companies such as Apple, Airbnb, Dropbox and WhatsApp. Moritz has studied many businesses, including Manchester United, in his quest to find out what makes them successful, and has sat on the boards of companies such as Google and PayPal.  A Christ Church graduate and significant philanthropist, he has given $50 million to his former college and a further $75 million to the University of Oxford to support students from low-income families.

Here he talks to John Thornhill, former deputy editor and now innovation editor of the Financial Times.