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5 Things a Good Leader Does During Change

By Courtney Clark Change is intimidating for just about every member of every organization, from the top right on down to the newest, fresh-out-of-college hire. One of the main reasons change freaks us out is that humans tend to adapt to our environment. So even if we don’t like the status quo, we’ve figured out ways to work around it ...

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MHEDA Members Give Back – Nashville Wire Products

Nashville Wire Products Impacts Their Community Nashville Wire Products is no stranger to the Nashville and greater Tennessee community. They stay actively involved with a number of charitable organizations, including The American Cancer Society, Tennessee Voices for Children, and The Bordeaux Eagles. If you participate in the Relay for Life campaign hosted by the American Cancer Society each year, then ...

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Ask Your Board – Knowledge Transfer

“In anticipation of employee retirements, members should ensure their succession planning addresses knowledge transfer. How does your company transition when a long-time employee decides to retire?” Michael Vaughan, CFO, Liftech Equipment Companies, Inc.,  E. Syracuse, NY We treat this in different ways. There are several different types of knowledge that must be transitioned from a tenured employee to others – ...

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Markets Continue Their Robust Pace. Where Do We Go From Here?

BY BRIAN FEEHAN, PRESIDENT, ITA The expression “elections have consequences” will certainly be put to the test in 2019. The dust is still settling on the recent mid-term elections with some races remaining to be decided. However, we do know that 2019 will bring us a divided US Congress with (as of 11/14/2018) Republican control of the Senate having 51 ...

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Conveyor Industry Shipments Rise

BY ROBERT REINFRIED, EXECUTIVE VICE PRESIDENT, CEMA The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first 6 months of 2018 increased 43.2% compared to the same period in 2017, with total orders of $8.85 billion. CEMA estimates industry billed sales (shipments) for the first 6 months of 2018 increased 22.29% compared to the same ...

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MHI Predicts Slower Growth for Material Handling Equipment Manufacturing in 2019

The U.S. economy and Material Handling Equipment Manufacturing (MHEM) enjoyed solid growth in 2018, but the outlook for 2019 and 2020 is not as strong. After one of the longest U.S. expansions in history, slower growth appears likely in coming quarters. The potential for a tighter U.S. monetary policy, rising levels of U.S. debt, and risks associated with the US-China ...

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MHEDA Suppliers Forecast Strong Growth in 2019

MHEDA Suppliers expect continued growth in 2019 MHEDA Suppliers continue to be optimistic going into 2019. With many coming off of record years in 2018, suppliers expect the good times to continue into the new year. While the overall expectations are slightly higher than the distributor projections, suppliers are, by and large, much more concerned with the impact of steel ...

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How the DiSC Report Changes Have Benefited MHEDA Members

The MHEDA Distributor Statistical Comparisons (DiSC) Report provides some key insights into exactly how the high-profit firms generate better profit numbers. It focuses intently on the key profit drivers – growth, gross margin, expenses, inventory turnover and accounts receivable collections. The report provides a roadmap for any firm wanting to improve its financial performance. Recently, MHEDA partnered with the Mackay ...

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Giving Back and Receiving

By Steve Guglielmo Since I began working with MHEDA about nine years ago, the association has started some really cool initiatives. From the Women in Industry MHEDA-NET Group and Conference, the Learning Management System, Regional Networking Meetings and countless other member offerings that MHEDA has introduced, I feel like I’ve had a front row seat to a very evolutionary time ...

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Leading Change: The New Management Imperative

By Debra Zabloudil, FACHE, CAE “If you don’t like change, you’re going to like irrelevance even less” said General Eric Shinseki. General Shinseki’s words remind us that change is no longer an option. It is a necessary part of today’s fast-paced environment. The speed of change impacts our work each and every day. Sometimes the thought of change feels overwhelming; ...

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