Why do some businesses fail in other succeed? Actually, a better question might be this, what actually does it take to make sure that a business has longevity? One such business that has defied all odds is the National Steel Car company, which has been in business for more than one century. What did it take for this company to get there? What kind of things can you do to replicate such success? My recommendation would be to look at the chief executive officer, Gregory James Aziz, and copy what he did.
Greg Aziz began by learning the theory of Economics during his time studying at Western University. It was from the wisdom that he gained from those professors that he was able to model successful business at the national steel car company.
One of those methods that he modeled was to always encourage the people in his company to push the line. In other words, he always wanted them to see advancements. A company that is no longer as good as the competitor is a company that will soon go out of business. However, on the other side of that coin, a company that is able to produce a better product than their competitor will be a company that will flourish. Gregory J Aziz made sure that his company was the latter.
The next method that he used was to model for them the process of efficiency. James Aziz knew that time was money. The more products that you could put out as a company, the more money would show up in your bank account. To combine both quality and quantity, was a sure recipe of success. Read More about Aziz Here.
The last method was to enforce the pillars that made his business successful. The first pillar was to empower and thank his faithful workers. Greg Aziz spent time mentoring them and by doing this, they found themselves loyal to him. The second pillar was to instill into the hearts of everyone there a vision that they can and that they will succeed. The last pillar he focused on was the customer who kept them in business. Greg Aziz took time to hear from them what they desired for the Railcar Industry. They he would fill that desire with his product. By doing this, he was able to put National steel car on top of the Railway Industry in all of North America.