29 Apr Strategic Planning
As you know there are leading and lagging indicators within our economy. Anyone or organization working within the transportation or service sector knows that as soon as the economy changes from one business cycle to the next the transportation industry is impacted either positively or negatively. In short, the transportation industry is a leading indicator and any organization strategic goal should be to have a business plan that will enable them to be nimble enough to make proactive rather than reactive changes to the business plan head of the economic curve. This plan should include the monitoring of cost, service, productivity, and safety. Without this, they may or may not stay in business with the fluctuation of the economy and I don’t think there is anything more important than having a solid strategic plan that defines the tactics to implement the plan.