Palladium will help you to both define your strategy agenda and execute strategies required to achieve it.
Transportation is the movement of people and goods from one place to another. Today’s societies are highly affected by transport networks in terms of economic development and quality of life. In this highly dynamic business environment, strategy has never been more important as transport-related companies struggle to understand how to compete in this ever changing world where:
- Technology is key to maximizing value for the customers;
- Speed and efficiency are driving competitiveness while customers demand more value-added services;
- Sustainability and environmental issues present new challenges for managers and;
- Increasing modal integration dissipates traditional organizational boundaries.
Palladium’s Transport practice works with the sector leaders to help them define their strategic agenda, execute their strategies, and generate significant, sustainable performance results by linking strategy to operational processes. Having worked for many years with transport related companies and being active members of several transport associations around the world has helped us to build a strong know-how in this industry.
Case Example: Metro de Madrid- Breakthrough Results
The fourth-largest metro in the world embraces the Strategy Execution framework to strengthen its competitive position in an increasingly challenging environment. Metro de Madrid serves more than 2 million trips every weekday in Spain’s capital, facing major challenges for the future:
- Managing Metro’s massive expansion and meet deadlines and budgetary constraints
- Strengthening its competitive position to face the pressure of rival organizations such as railway operators who have begun pursuing concessions in the Madrid Region to operate future lines
- Overcoming intrinsic challenges to achieve more orientation toward customers, improve internal communications, develop new business lines, and strengthen its marketing skills
By partnering with Palladium, Metro de Madrid developed a strong case for change which helped the executive team to build a common vision. The next steps included implementation of the BSC and deployment to the business units, building of the Strategy Management Office, communicating the strategy to all employees and linking the strategy to the performance management system to ensure alignment.