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September 19, 2008News for the wholesale distribution industry
 
  News and Trends 
 
  • Weyerhaeuser may convert to REIT as early as next year
    Weyerhaeuser Co. could meet the asset-income test that would allow it to convert to a REIT by next year. "We have evolved our thinking, and today we are able to share that there is a high likelihood that we could get there in '09," Chief Financial Officer Patty Bedient said. Shares of Weyerhaeuser closed up 3% Tuesday. Reuters (9/16) LinkedInFacebookTwitterEmail this Story
 Go from Delivering Goods to Greatness.
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  Best Practices 
  • Are blockbusters part of your project portfolio?
    Despite arguments that there is less risk in selling specialized services and solutions to niche industries than going for broke with a blockbuster, an expert says failing to pursue blockbusters is riskier. Such an approach could "condemn your enterprise to a lifetime of slave labor harvesting the long tail of micro-opportunities rather than imagining, pursuing, and marketing the global solution to an important, widely shared problem." HBS Working Knowledge (9/10) LinkedInFacebookTwitterEmail this Story
  • Blue Ocean strategy can sink potential imitators
    A focus on simple value innovation can free businesses from competitive "red oceans" and allow them to swim free in the "blue ocean," according to the authors of "Blue Ocean Strategy." Competition may not be entirely irrelevant because imitators will always be lurking, but when further benefits are offered by a product that are not relevant to its category, imitators will see the benefits as being overly unique and pointless to imitate. MarketingProfs (free registration) (9/2) LinkedInFacebookTwitterEmail this Story
  Sales 
  • Key initiatives for catching the right candidates
    Businesses hoping to snag star performers should consider a variety of strategies, including appealing to desirable workers employed by your rivals who may be open to considering switching shops. Some other tactics: Burnish your own selection criteria to ensure you are hiring the best possible people, make sure you aren't being more generous that you need to be in terms of the compensation you are offering new hires and consider enlisting the services of someone expert in pinpointing and managing recruitment risk. Selling Power (free registration) (9/15) LinkedInFacebookTwitterEmail this Story
  Small Business Manager 
  • Tighter credit environment will pose challenge to small businesses
    With banks under pressure, small businesses may find it increasingly difficult to go public, finance new ventures and expansion, or even to renew loans. "There's lots of companies that want money but not a lot of providers who want to lend money," said one investor. However, experts agree there is an upside, as the trend promises to erase excessive speculation and restore discipline to lending. Los Angeles Times (9/16) LinkedInFacebookTwitterEmail this Story
  Executive Life 
  NAW Insider 
  • After a flood
     
    Cleaning up a flood-ravaged business -- one of the first steps toward recovery -- can be a difficult and disheartening task. It can also be dangerous. Get more information here. LinkedInFacebookTwitterEmail this Story
  • Register for NAW's Large Company CEO/COO Networking Roundtable
    NAW's Large Company CEO/COO Networking Roundtable, Chicago, Sept. 24 to 25, brings together CEOs/COOs from distribution companies with sales of $100 million and above. Topics are based on CEO/COO responses and address specific needs of the group, including an Economic Overview; In a Difficult Economy: How Are You Adjusting Your Company to Fit the New Realities; Optimizing Profitability and more. Register now! LinkedInFacebookTwitterEmail this Story
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Yes -- we have found them to be successful.
We are considering it.
We used to but do not anymore.
We never have and probably never will.

VP of Information SystemsD&H Distributing CompanyHarrisburg PA.

  SmartQuote 
Hindsight is always 20/20."
--Billy Wilder,
filmmaker and screenwriter


 
 
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