Executives in every industry are forced to confront the immediate future, and yet, they must ensure that the longer view — a strategic plan — is in the mix to ensure the business thrives. And the glue to all this planning is, unsurprisingly, the finances.
My stress arrives with figuring out what topics matter to my readers. I’ve repeatedly said we’re a business publication for owners and operators in the wholesale HVACR industry. I honestly pretend sometimes that I am the owner of a distributorship or maybe a hard-working middle management type. I ask myself: What do I have in common with everyone else and what can I do to make it better?
"Our biggest challenge and a goal I had set for the company was to shift as large a percentage of the new construction part of our business, nearly 95 percent, to the add-on and retrofit part of the industry. We have been very successful in doing so because 40 percent of our business is now retrofit and add-on."
Even though the theme, workforce, is not our yearlong focus in Distribution Center, I still find the topic one of unending fascination. It’s not surprising that we have a regular stream of stories that I hope are helpful on this topic.
Two days following the HARDI Annual Conference, I woke up at home thinking of inspiration. The speakers at the event last month are what you would expect: inspiring, educational, interesting, and they all lent some fresh perspective while hopefully fired up our mental engines.