Given today’s rapidly changing business environment, strengthening your company’s ability to compete requires you to think about your businesses like never before.
The environment requires new levels of strategic vision and a growth mindset that prioritizes strategic planning and investment. We are all challenged every day to stay relevant and enhance our ability to compete, and this is true now more than ever.
Throughout 2022, the focus of this column will be on strengthening your network. Don’t worry, this isn’t about cybersecurity, and you won’t need an information technology degree to make the most of these articles. We are not talking about that kind of system. Instead, we’re going to cover the basic nuts and bolts of building strong networks of people within your company and with outsiders.
Since diving into the wholesales-distribution corner if the PHCP-PVF industry, I’ve spent a lot more time thinking and learning about family-owned businesses, small-to-mid-sized businesses and all of the behind-the-scenes that goes along with building a career in one of these businesses. I’m proud to say that from learning from you all, I’m much more aware of the importance of supporting the independently-owned businesses within my community. And I don’t think I am alone in this attentiveness.
Do you want the OK news first or the bad news first? How about we try to stay somewhat positive out of the gates. ASA recently released findings from its second special compensation/benefits study that it commissioned business intelligence partner Industry Insights to conduct in the latter part of 2021.
We are now in the new year and are still being assaulted with everyone’s thoughts on what will be trending in 2022. During the last few weeks, people and companies have been enlightening us as to what they think will happen in the new year. It seems everyone is chipping in their predictions on everything from this year’s hot colors to the Dow Jones Industrials. Please, no one can consistently call the future, unless they are the source of the future, and, you know, the best decorative plumbing showrooms can be that type of source. Every product, brand and display you have added or changed is a reach into the future of decorative plumbing products in your market, and you should be damn proud of that.
I was listening to James Trane the other day. He was speaking from Chicago in 1902, telling me that his system of steam heating using small pots of mercury was the best way to go. Mercury. That got me thinking about how my classmates and I used to play with mercury while our science teacher smiled as he wandered the room, watching us poke the dangerous stuff with our adolescent fingers. Life in the 1950s sure was interesting.
I can’t believe that is has been nearly 10 years since Joe Poehling of First Supply flew out to visit me at our offices in New Hampshire to pitch me on the value of getting active in ASA. Joe was ASA president at the time, and I always looked up to him as an industry leader and great business person. Little did I know that meeting would eventually lead me to taking over as the 53rd president of ASA. Guess I should have known that Joe is way too good of a salesman!
Within the American Supply Association, the Emerging Leaders division offers up-and-coming professionals in the industry the ability to network with their peers from around the country as well as educational benefits to help them grow in their careers. Considered the leaders of tomorrow, it is paramount to the success of the industry that this group grow and continue to cultivate the skills learned from participating in Emerging Leaders.
In 2022, we expand the image of decorative plumbing.
December 10, 2021
We’re almost through the second year of the pandemic and vendors and showrooms are boldly sharing what they think will be popular in 2022. A common thread in many of these predictions is that people are starting to work bold colors and patterns into rooms. This simple prediction tells me it is time for the decorative plumbing industry to move outside — way outside — the chrome and white box.
The end of a year is always a good time to reflect and plan for the year ahead, and this is especially true when that year (or two) has been particularly challenging. When reflecting on my last year, one stand-out moment was getting to hear Shark Tank’s Daymond John speak at ASA’s NETWORK conference in Las Vegas this November.