The General Board of Discipleship has an article on the Methodist Way.
Methodism began as a movement of spiritual renewal within a national church marked by much nominal commitment and spiritual lethargy. Early Methodists adopted a Way of living in covenant with Christ and one another that yielded rich spiritual fruit in their lives and in their engagement with the world. One result of this vitality was the emergence of Methodism as a distinct tradition and its growth in North America into a family of denominations.
The article goes on to further describe the Methodist Way and what it would mean to renew the Methodist Way in United Methodist congregations today.