If that title sounds like a challenge, it is. I want everyone who reads this to think about all of the things that went wrong last year and write them down. Now that we know what gave us trouble in the past, let’s put some thought into what we can do about it.
So you’ve finally made the decision: You’re going to sell your business. Before you start booking your retirement cruise, though, there are a few factors you should be aware of to get a real sense of what your business is worth. Right at the top of that list is working capital.
Habits can be a trap for people in leadership positions. As leaders, they should provide a compelling vision that inspires those around them. Instead, many of them lapse into automatic thinking. And that can affect every decision they make — and the actions of the people who report to them.
As a shortage of labor continues to plague the HVACR industry, it’s more important than ever for contractors to attract and retain a younger generation of employees.
How many of us have been in a situation where we are so utterly frustrated with an employee’s performance or behavior that we end up attacking the employee instead of the issue at hand? In this type of scenario, nothing gets resolved, and the emotional intensity puts the employee on guard.
Executive Order EO13706 would require federal prime contractors and subcontractors to permit workers employed on covered federal contracts and subcontracts of $2,000 or more to accrue one hour of paid sick leave for every 30 hours worked. The Notice of Proposed Rulemaking (NOPR) was published in the Federal Register on Feb. 25.
From the outside, the world of distribution seems pretty easy and mundane. One Internet “expert” summarized the key to success in our business as product, pricing and promotion. I couldn’t help but laugh as I read his summary.
Tecumseh Products Co. announced that Harold Karp has stepped down as president and CEO of the compressor manufacturer. He is succeeded by Doug Murdock, who most recently served as president of the Climate Products Group at Mueller Industries Inc.
I love technology and automation; I am a fan of things that help streamline our work lives and processes. I admire the concept of a paperless office. I like all of these things until they lead to poor customer service.