| News for the wholesale distribution industry | December 11, 2007 |
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| Editor's Viewpoint |
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Looking back at 2007
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Ashley McMaster, NAW SmartBrief Lead Editor
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Over the course of 2007, I have been pleased to deliver to you the news that matters to your business and industry. Part I of this NAW SmartBrief special year-end report rounds up the most important trends, stories and events of the past year. Part II, which will hit your inbox on Thursday, will provide a glimpse into what's in store for 2008. From the increase in private-label manufacturing, as well as the domestic distribution of private labels, and China's emerging business market to big mergers and acquisitions and high gas prices, the major trends in 2007 kept wholesaler-distributors on their toes. For its part, NAW worked hard to prevent legislation that would have negative effects on the industry, including the LIFO repeal and various tax issues. Conferences and meetings this year took NAW members to Chicago for the Billion Dollar Company Roundtable and for the Large Company Networking Conference and Roundtable, and to Washington, D.C., for the NAW Executive Summit. It's been a busy and exciting year!
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| Best of 2007 |  | |
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| Your Favorite SmartQuotes | | |
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 | The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty."
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| A positive attitude may not solve all your problems, but it will annoy enough people to make it worthwhile."
--Herm Albright,
writer
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| When you step into a turnaround situation, you can safely assume four things: morale is low, fear is high, the good people are halfway out the door, and the slackers are hiding."
--Nina Disesa,
as chairwoman of McCann-Erickson Worldwide
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| If toast always lands butter-side down, and cats always land on their feet, what happens if you strap toast on the back of a cat and drop it?"
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| The three great essentials to achieve anything worthwhile are, first, hard work; second, stick-to-itiveness; third, common sense."
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| One of the hardest tasks of leadership is understanding that you are not what you are, but what you're perceived to be by others."
--Edward L. Flom,
CEO of Florida Steel
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| Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't."
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| The statistics on sanity are that one out of every four Americans is suffering from some form of mental illness. Think of your three best friends. If they're OK, then it's you."
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| People, even more than things, have to be restored, renewed, revived, reclaimed, and redeemed; never throw out anyone."
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| Rule No. 1: Use your own good judgment in all situations. There will be no additional rules."
--Bruce, Jim and John Nordstrom,
co-presidents of Nordstrom department store, in the employee handbook
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Product announcements appearing in SmartBrief are paid advertisements and do not
reflect actual NAW endorsements. The news reported in SmartBrief does not necessarily
reflect the official position of NAW.
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Read more at SmartBrief.com |
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A powerful website for SmartBrief readers including:
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| | Recent NAW SmartBrief Issues:
- Monday, December 10, 2007
- Friday, December 07, 2007
- Thursday, December 06, 2007
- Wednesday, December 05, 2007
- Monday, December 03, 2007
| | | Lead Editor: Jessica Strelitz
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