The 2020 Mid-Year Economic Update_long

Posts By Stacy Ward

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To promote the best possible work environment while helping to slow the spread of COVID-19, experts recommend distributors:

  • Prioritize regular and consistent staff communication using a system that employees are already familiar with.
  • Know the bandwidth of your work-from-home staffers’ technology and adjust accordingly.
  • To keep employees who can’t work from home safe, consider splitting them into teams and scheduling them to work at different times.
  • Discourage the spread of the virus by periodically checking with your staff about their health and encouraging them to stay home if they are sick.  
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Distributors are responding to customer concerns and increased demand on staff in a variety of ways, including limiting new business to meet existing customer demand; open communication on shortages and supplier allocations, and discouraging panic by not accepting returns beyond normal usage patterns. Face the crisis with a sense of flexibility and resilience, experts say.
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Studies show the youngest generation entering the workforce start looking for a potential career path early in their education, and many are drawn to tech-based careers. MDMs Future Leaders Awards highlight young, emerging talent who are already thriving in the industry and provide examples of how distributors can attract such leaders to join their business.

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Introducing any of these jobs product manager, chief digital officer, sales enablement manager, trusted adviser and director of inventory has the potential to make your company more open to change, better embrace the customer experience and streamline operations to meet evolving business demands.

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Ransomware has evolved into a billion-dollar enterprise, affecting two-thirds of small to medium-size businesses in the past 12 months, the Ponemon Institute and Keeper Security reported in a recent study. Yet many in this group most often targeted by cybercriminals do not feel an imperative to make cybersecurity a priority. Blame it on the number of publicized attacks highlighting big companies, municipalities, or just about any organization in the healthcare sector and something even more prevalent: a false sense of security in data backup technology.

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