MDM News Digest 4719
News briefs from September 26 - October 10, 2017
October 10, 2017
Millennials in Distribution: ‘No Magic’ in US LUMBER’s Strategy
This article examines the strategic decision by Atlanta, GA-based U.S. LUMBER to focus recruiting and development efforts on the millennial generation after the Great Recession.
This article includes:
- Bringing the past to the present
- Doing more ≠ promotion
- U.S. LUMBER’s Core Values and Purpose
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- Millennials in Distribution: Culture Trumps Everything
- Endgame Strategy: A Must for Distributors
- Commentary: Best Practices for Recruiting Millennials
Commentary: Winter is Coming – or is It?
The latest forecast from ITR Economics is that the Industrial Production Index will peak in February and then slowly taper the rest of the year, dropping more sharply in 2019. In light of whats coming, ITRs Alan Beaulieu delivered an important message at the NIBA/PTDA Joint Industry Summit now, more than ever, is the time for strong leadership and investing in your business.
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- Millennials in Distribution: Culture Trumps Everything
- Endgame Strategy: A Must for Distributors
- Commentary: Best Practices for Recruiting Millennials
10 Tips to Successfully Recruit Millennials
As millennials compose more and more of the workforce, here are 10 tips for how distributors can better integrate the next generation into their companies, based on MDMs reporting over the last few years.
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- Millennials in Distribution: Culture Trumps Everything
- Endgame Strategy: A Must for Distributors
- Commentary: Best Practices for Recruiting Millennials
Differentiate by Inspiring, Motivating, Leading
The NIBA/PTDA 2017 Joint Industry Summit, held last month in Hollywood, FL, featured three keynote speakers sharing their experiences around inspiration, motivation and leadership.
This article includes:
- Inspiration from John O’Leary
- Motivation from Molly Fletcher
- Leadership from Alan Beaulieu
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Not a subscriber? Subscribe below or learn more. Subscribers also have access to the following related articles:
- Millennials in Distribution: Culture Trumps Everything
- Endgame Strategy: A Must for Distributors
- Commentary: Best Practices for Recruiting Millennials
Market Snapshot: Market Demand for Adhesives and Sealants
The MDM Market Snapshot, based on data from MDM Analytics, includes market demand for Adhesives and Sealants in the U.S., plus the top end users by 6-digit NAICS.
Download this Issue in PDF: October 10, 2017
This is the PDF of this issue of Modern Distribution Management.
Table of Contents:
- Millennials in Distribution: No Magic in US LUMBERs Strategy
- Commentary: Winter is Coming or is It?
- 10 Tips to Successfully Recruit Millennials
- Differentiate by Inspiring, Motivating, Leading
- Market Snapshot: Market Demand for Adhesives and Sealants
- MDM News Digest 4719
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Honeywell Announces Spin-offs
The spin-offs are a result of a portfolio review and assessment of all Honeywell businesses.
Canadian Building Permits Down 5.5% in August
Year-to-date value of building permits was up 8.7 percent.
NFIB Small Business Optimism Down 2.3 Points in September
Steep drop in sales expectations across the country drops index to 103.
Recommended Reading: Don’t Delay Your Exit Strategy
Even if you're not planning on retiring soon, an endgame strategy will help protect your legacy.
