| June 6, 2007 | News for the wholesale distribution industry |
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- Grainger buys McFeely's
Lab Safety Supply, a W.W. Grainger subsidiary, has acquired McFeely's Square Drive Screws. Terms of the deal were not disclosed. Grainger said it expects the acquisition to expand Lab Safety's woodworking and construction markets. Houston Chronicle/Associated Press
(6/1)
    
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| | Good help is hard to find.
NAW SmartBrief to the rescue! You won't reach a more targeted, qualified audience in the wholesale distribution industry. Get started now and post your open positions in NAW SmartBrief. | |
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| Best Practices | | |
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- Good leaders take risks
Many companies have found themselves falling into a "competency trap," in which they fail to deviate from a popular formula that has previously brought them success. Executives need to see customers as people, challenge what has worked in the past and pay attention to behavioral trends. CFO Magazine
(6/2007)
- Make e-mail work for you
Some businesspeople receive as many as a 100 hundred e-mails a day. Make your e-mails stand out by: employing bullets and white space to make the text easier on the eyes; including only the most essential information; and writing in the same style as the e-mail you are replying to. BusinessWeek
(5/23)
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| Distribution Trends Blog | | |
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Our brave new ad world
Mixing in new-media ads with traditional, such as those on TV and in print, is a good way to reach a wide audience. Share your experiences with new-media ads on the Distribution Trends blog. Distribution Trends
(6/4)
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| Small Business Manager | | |
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- Some states work to help SMBs with insurance coverage
A 2004 survey by the U.S. Department of Health and Human Resources found that 32% of businesses with fewer than 10 employees offered insurance coverage versus 96% of companies that have 50 or more. Many states, including Massachusetts, Oregon and Tennessee, either have in place or are considering some form of universal health care, which would aid entrepreneurs and their employees. TheStreet.com/Entrepreneur.com
(5/31)
| Executive Life | | |
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- Poll: One in five packs laptop when going on vacation
A new AP-Ipsos poll found that one in five vacationers now brings a laptop along. "Increasingly, especially when you're in a managerial sort of role, it's very difficult to walk away from the job totally given the communications technology we have today," University of Maryland's Suzanne Bianchi said. NewsFactor Network
(6/1)
- Long exercise sessions help boost good cholesterol levels
At least two hours of physical activity each week helps raise HDL cholesterol levels, and the longer the workout sessions, the better the effect, an analysis of 25 studies revealed. The frequency and intensity of exercise sessions did not affect cholesterol levels when the physical activity was consistently performed. Reuters
(5/31)
| NAW Insider | | |
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Invest your training dollars wisely and develop top performers
The NAW Institute for Distribution Excellence publication Smart Investments addresses the long-ignored aspect of the industry training and development. Let it help you identify a strategy for employee development, engage your staff to move forward with common vision and purpose, ensure that your training dollars are invested wisely and think about how to use training and development activity to reach your strategic business objectives.
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NAW and The Hartford
NAW has partnered with The Hartford to offer insurance expertise and comprehensive coverage tailored to the specific needs of wholesaler-distributors. The Hartford also offers expedited claims handling services and a countrywide network of loss control and risk management experts to help wholesaler-distributors protect their businesses and minimize loss costs. More information available here.
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Improve your branch profitability with powerful new tool
Do you need help understanding your financial statement? Could you use a tool to build a powerful business plan? My Business Analysis [MBA] will do both and show you how to use financial analysis to find the path toward improving your branch profitability. Every branch manager should use the MBA to focus time and effort to improve their operating income.
| Weekly Poll | | |
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How many nonbusiness trips do you take a year?
After voting once, check out the real-time poll results on NAW's All Access page as often as you'd like.
 | More than four. |
| Somewhere between two and four. |
| Usually just one. |
| People go on trips outside of business? |
| Editor's Note | | |
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New feature: SmartBrief at work, home and on the road
We listened to you and have created a way to read SmartBrief on your mobile device. Now you can simply open SmartBrief from the e-mail inbox of your BlackBerry, Treo or Windows Mobile device by clicking on the "Wireless Version" link at the top of the message. Your SmartBrief will then automatically format to fit your handheld device. Pretty cool, right? Reply to this e-mail and let us know what you think!
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--Arthur Davison Ficke,
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| | Recent NAW SmartBrief Issues:
- Monday, June 04, 2007
- Friday, June 01, 2007
- Wednesday, May 30, 2007
- Tuesday, May 29, 2007
- Friday, May 25, 2007
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