Executive Perspectives: The Importance of Strength and Stability in Turbulent Times
Chief Executive Officer
Traci’s visionary stewardship over the past 5 years transformed BGRS into a leader in the mobility industry. Traci brought more than 20 years of mobility management experience in operations, finance, and technology into her role as CEO at BGRS. Her unique perspective of the industry evolution opposite of our clients’ strategic business objectives, makes her ideally positioned to provide the stable leadership needed in today’s environment.
In these unprecedented times, multiple challenges of all types continue to change the way organizations navigate uncertainty. After a prolonged economic expansion, entering 2020 most organizations were addressing talent shortages and technology disrupters of traditional models creating both opportunity and risks. As the calendar turned over, so did the world we live in, where we now find ourselves with the unprecedented, novel coronavirus (COVID-19) dominating our professional and personal lives.
Critically important to note as it relates to being enabled to deliver on our commitment to our clients, customers, and global workforce, is that BGRS has a uniquely hedged client portfolio that spans many industries.
The mobility industry is notably impacted due to travel restrictions, recent government-sanctioned “shelter in place” protocols, and approaches to containing the pandemic’s spread around the globe, which now has created a significant slowdown or halt in relocation initiations. Given these changes and their effect, it is important that organizations assess their provider with an increased emphasis on business continuity, sustainability, supply chain management expertise, and financial transparency. Providers that have a long-term view and a commitment to adopting new models that benefit their own workforce, their clients, and their clients’ mobile employees, will be best positioned to succeed in the future.
Critically important to note as it relates to being enabled to deliver on our commitment to our clients, customers, and global workforce, is that BGRS has a uniquely hedged client portfolio that spans many industries. Our highly diverse client base includes the most financially stable and highest-rated companies in the world, as well as U.S. and Canadian government entities. Of equal benefit in this circumstance, is that BGRS is not reliant upon any single client, nor upon a handful of clients, for a material percentage of our business, mitigating our risks as a result.
Our clients can be assured that we are making long-term decisions for the benefit of their programs with minimal risk of disruption.
BGRS’s stability is further fortified by our well-capitalized parent company, Relo Group, that retains a singular strategy and investment in relocation for the long-term, related to their vision of becoming the leading global mobility provider in the world. Backed by Relo Group with a shared stake in the mobility industry, our clients can be assured that we are making long-term decisions for the benefit of their programs with minimal risk of disruption due to lack of investment, or divestiture, which may be the tactic employed by others during this time.
BGRS continues to closely monitor and assess developments related to the novel coronavirus as we optimize our approach to best support our employees and our clients, their mobility programs, and their mobile employees to remain by your side, looking ahead™ well after the effects of this pandemic pass.