When Gregory James Aziz took over the leadership and control of National Steel Car Company in 1994, the manufacturer didn’t have much to show. Despite being in existence for over ten decades, the company was still below par with its annual production. It was also raked by challenges such as inadequate expert workforce and ineffective adoption of technology. And when he bought the company Greg Aziz inherited all these challenges.
However, in less than two decades, Gregory James Aziz has transformed National Steel into a modern global leader in the manufacturing industry. It would, therefore, be interesting to probe some strategies that Aziz adopted that ensured the reestablishment of National Steel into a global freight car manufacturing competitor. Here are some;
Employment of expert labor and adoption of modern technology
In most cases, individuals attribute business slag and even dwindling production volumes to lack of sufficient capital. And while this may stand true in some instances, Greg James Aziz believes that effective plans for effective exploitation of the available capital also have a huge impact on the company’s performance. Therefore, when he took over leadership of National Steel Car, his first tasks included examining the pain points behind its dismal performance.
Gregory James Aziz stumbled upon lack of expert labor and continued use of outdated production technology as the key challenges and directed most of his capital towards revamping these areas. The result was a quadrupled workforce by 1999 that saw the production volumes increase from 3,500 to 12,000 units within the same period.
Commitment to quality freight cars
James Aziz has for the best part of his business life, even when working for his family food company, remained committed to the design distribution of quality products. His first actions as the president and chairman of the railroad freight car manufacturer included ensuring adherence to quality assurance during production.
The result of this is evidenced by the annual TTX SECO award that the company has continually received since 1996. The adherence to the production of quality cars can also be attributed to the booming sales that the company has achieved and the prestigious leadership position it occupies compared to other continental and global manufacturers. Go Here to learn more about Aziz.
The National Steel Car manufacturer has come a long way, particularly in the last two decades that James Aziz has steered its leadership. During this time, the company has edged out competition and now dominates the North and South American railcar markets. Ideally, the company now something to show for its over 100 years of existence.