As the economic and business impact of the COVID-19 crisis continues, leaders in the aviation industry must prepare to protect their organizations. Now more than ever, airports have a crucial role to play in protecting people’s health, bolstering the economy, and developing both practical solutions and game-changing innovations that will shape the recovery and beyond.
AtSteven Baldwin Associates (SBA), we are working with airport leaders to manage the impact of the coronavirus on all aspects of their business, with actions ranging from rapid responses regarding budgets and revenue, to more fundamental, strategic shifts regarding structure and staffing. We’re also helping aviation leaders look much further ahead and envision how the crisis will continue to affect the aviation environment and what society will need in the coming months and years.
These are unprecedented times in which each of us are dealing with unique challenges that will test us all. During this time of uncertainty and change, Steven Baldwin Associates is here to assist you. There is no better time than now to reevaluate your organizational structure and staffing needs, as well as your IT capabilities, in order to maintain efficient operational levels. Contingency plans are essential during this time of response and recovery and should be reevaluated and implemented.
SBA is available to assist you in your transitional planning that includes:
Organizational and operational reviews to maintain essential functions while sustaining Part 139 compliance
Conducting assessments regarding staffing resources and structural reorganization to shore up against vulnerabilities
Reevaluation of Capital Improvement Projects to preserve interim operational continuity
Reassessment and restructuring of agreements, and developing a plan for renegotiations
Short-term recovery planning: budget reductions, program & project reviews, airline & tenant partnerships, and non-aeronautic revenue opportunities
The reduction in passenger activity, while difficult, provides an opportunity to restructure and reorganize. Overall, there will be reduced budgets for some period of recovery which also offers the opportunity to review cost savings and realign your organization with strategic goals/vision.
We can help via teleconference consultation meetings and video conferencing workshops to address these and other issues. We also offer affordable monthly retainer agreements to provide you with immediate advice and consultation as needed and on an on-going basis.
The economic impact of the coronavirus calls on aviation leaders to step up on multiple fronts: attending to the immediate needs of staff and the community, ensuring the financial health of the organization, scanning the continually changing business and societal landscape, and positioning your enterprise to thrive in a new normal.
As a seasoned aviation management consulting firm, Steven Baldwin Associates can help you maintain your organization's health in changing times. Contact us today at email@example.com or 518-478-6321 ext. 101.
Steven T. Baldwin and the entire team at Steven Baldwin Associates, LLC