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Entrepreneurial Disciplines
As entrepreneurs, transportation service providers must use change as a standard business discipline. Speaking of entrepreneurial disciplines, business leader Peter Drucker says, "Every institution . . . must build into its day-to-day management four entrepreneurial activities that run in parallel." There must be systematic attention to:
- Abandonment of products, services, processes, markets, distribution channels that are no longer an optimal allocation of resources
- Continuous improvement
- Continuous exploitation, especially of its successes
- Innovation to make today's successes obsolete
The concept is to build a different tomorrow on a proven today. Even the most successful concepts used now must be replaced by innovation for the future.
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