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What does miss the boat mean?

Looking for the meaning or definition of the word miss the boat? Here's what it means.

Verb
  1. (intransitive) To fail to take advantage of an opportunity; to overlook or be too late to pursue an option or course of action.
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Examples
If we wait for the federal government to develop a national strategy, we might miss the boat.
In short, the nascent Romanian judicial system should not be sacrificed on the altar of EU integration, for then we will miss the boat.
If we don't want to miss the boat, or rather the airplane, governments must act quickly and I believe this is their intention.
If the European Union does not want to miss the boat, the Commission and Member States need to promote the development of the industry.
This means that they no longer miss the boat, since they are following in their own little boat.
I hope that our politicians will take a stand here, and that they won't miss the boat the way they did with Flextronics.

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