Home >> Tag Archives: Ask Your Board

Tag Archives: Ask Your Board

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 – ...

Read More »

Promoting Social Responsibility and Corporate Consciousness

“Members must create a culture that recognizes and blends generational differences. It is imperative to understand the millennial’s desire for corporate consciousness and how this will impact their willingness to stay in place long term. What is your company doing to promote social responsibility and corporate consciousness?  How critical is this to your organizational culture?” – Steve DuBose, Director of ...

Read More »

Recognizing Employee Milestones

“Please share your best practices on recognizing your employees’ company milestones including years of service, birthdays, anniversaries, top sales or highest customer service scores.” – Linda Brown, HR Manager, Southern Acquisitions, Farmers Branch, Texas Christina Merrick, Employee Service Manager, MH Equipment on behalf of Scott Hennie, President, Elite Supply Chain Solutions, Hudson, OH At MH Equipment, we know that people ...

Read More »

Identifying and Training Successors

“How do you go about identifying and qualifying successors within your company, not only for the owners but also for those in key management positions as well?” – Connie Costner, President Mathand Material Handling Systems, Woodstock, GA   Scott Hennie, President, Elite Supply Chain Solutions, Hudson, OH This is an on-going conversation at the MHEDA Board Meetings and is identified ...

Read More »

Preparing For Inflation

“Although interest rates are still very low, there is discussion about the possibility of inflationary business conditions in the next 2-3 years. Younger employees may not have the experience of working through an inflationary environment. What advice would you give to members who may be facing this economic condition?”                       ...

Read More »

Fighting Complacency

“In what ways do established material handling businesses get complacent in times of economic growth which come back to haunt them during economic downturns? How should we best use this time of growth to set ourselves apart in the future?” – Susan Allen, CFO, Lift Power, Inc., Jacksonville, Florida Scott Hennie, President, Elite Supply Chain Solutions, Strongsville, OH I believe ...

Read More »

Aging Workforce

“A topic we are facing at our company is an aging workforce. We’ve seen a trend emerge that people are finding they want (or need) to work longer in their careers. We’re finding that isn’t always a good thing. Has anybody else noticed this trend and, if so, how are you dealing with it at your company?” – Will Egerton, VP ...

Read More »

Measuring The Marketing Department

“What steps can the marketing manager (or department) take to show their contribution to achieving a company’s market share?” – Lorie Leitner, Sales Support Manager at ProLift Industrial Equipment Co. in Louisville, KY Jerry Weidmann  President  Wisconsin Lift Truck Corp. Brookfield, WI The contribution that a marketing department makes to achieving the company’s market share is based on the functions ...

Read More »