Possibly the world’s most recognized advocate, if not expert on the value of Business Aviation,... Read More
As with any good investment- business aircraft must be utilized to produce returns for investors. Not taking advantage of what Business Aviation provides is an abuse- asserts Jack Olcott.
People and time are a company’s two most important assets. Management has a responsibility to shareholders to protect and amplify the productivity of employees and to create a working culture where time is used efficiently. Business aircraft are proven tools for obtaining the greatest benefits from people and time.
Companies that use Business Aviation to address travel needs are more successful in generating returns for shareholders than non-users. Furthermore- the advantages of Business Aviation are available to all companies- not only to those that own business aircraft.
Many reliable non-scheduled air carriers provide safe and cost-effective charter services. Business aircraft can be rented by the mile- by the hour- or for a set number of hours in a given period. Shared ownership is available- as are programs for joint use among two or more firms. Business Aviation is a tool for generating the best returns from a company’s employees and their time working to achieve company objectives.
Travel$ense is a computerized travel analysis that compares the time difference between trips utilizing business aircraft and those flown on Scheduled Airlines. The savings in time are dramatic. More significantly- such time savings have a powerful impact on a company’s bottom-line performance. Business aircraft are business tools. Utilizing them effectively is good management.
“Time is the scarcest resource and unless it is managed- nothing else can be managed.” - Peter Drucker- Business Guru
“Any problem that you have in life that can be solved with money is really not that big. The only thing in life that we cannot get back is time.” - Robert Herjavec- Entrepreneur
“Humans are the scarce resource - not money - so you want them working as productively as possible. Talent is too scarce to deploy it in less than an optimal manner.” - Warren Buffett- Investor
Do you have any questions or opinions on the above topic? Get them answered/published in World Aircraft Sales Magazine. Email feedback to: Jack@avbuyer.com