Navigating the Rapidly Changing Landscape of the Railroad Industry: Insights from Greg Aziz
As the Chairman, President and CEO of one of the world’s leading railroad freight car engineering and manufacturing companies, Greg Aziz has a wealth of experience and insight when it comes to leading a company through an era of exponential change. In the railroad industry, an industry that is constantly evolving, he has demonstrated a keen ability to adapt and stay ahead of the curve.
From the very beginning, business expert and serial entrepreneur Greg Aziz emphasized engineering as a way to differentiate his company from its competitors. He believed that by focusing on engineering excellence, his company could establish itself as a top-tier manufacturer. And it’s paid off. Today, thanks to its relentless pursuit of engineering and manufacturing excellence, Aziz’s company leads the industry in new car innovation, while building thousands of new railroad freight cars each year.
The company is North America’s only railroad freight car, engineering and manufacturing company certified ISO 9001:2008, having now held this honor for the last 18 years through numerous rounds of recertification. The company has been consistently honored with the TTX SECO highest quality award since 1996. One of the key strategies Greg Aziz employed was to patent all of his company’s design innovations. His competitors were copying his designs, and he saw an opportunity to protect his company’s intellectual property.
He was the first railcar builder in North America to do this, and it paid off. Today, the company holds over 350 patents, protecting its designs and innovations. In recent years, the railroad industry has faced a number of challenges, including changing consumer demands, and the impact of new technologies. But Greg Aziz has a clear vision of how to navigate these challenges and stay ahead of the curve. He believes that by focusing on innovation, engineering excellence, and building a strong team, his company can continue to thrive in an ever-changing landscape.
Recent news in the railroad industry, such as the proposed merger of Canadian National Railway and Canadian Pacific Railway, highlights the need for companies to adapt and stay competitive. Greg Aziz’s approach to leadership and management offers valuable insights for companies looking to navigate the rapidly changing landscape of the railroad industry.