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| Industry News |
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- Eaton to buy division of Saturn Electronics &
Engineering
Diversified
manufacturer Eaton Corp. is set to acquire Saturn Electronics
& Engineering's fuel components division. The unit makes
several products that aid fuel safety, including fuel component
valves that increase safety in case of a rollover or high-impact
accident. "...[W]e are eager to incorporate this business into our
growing Fuel Emission and Safety Controls business," said Eaton
executive Stephen Buente. AftermarketNews.com (free registration) (4/9) 
- Goodyear's Wingfoot Express marks its 90th
year
Goodyear
celebrated the 90th anniversary of its Wingfoot Express interstate
truck line Monday. The company had one five-ton Packard in 1917
that pioneered the first interstate trucking route and grew it
into an entire fleet. Goodyear's vice president of commercial tire
systems stressed the value of truck drivers, calling them "heroes
for making the perilous journeys that kept the flow of goods and
raw materials moving." TruckingInfo (4/10)
| Business Strategy |
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- Crisis preparation is key
Consider
employee safety, office policies and day-to-day operations when
developing a crisis or disaster preparedness plan. Predicting when
an emergency situation will occur is tricky, but you can avoid
devastation by thinking ahead and taking precautions. IndustryWeek (3/28)
- Use off-sites as more than "same meeting, different
place"
Don't
waste what could be a very productive off-site meeting by holding
a typical office gathering or by forcing employees to climb ropes
and scale walls under the guise of a team building exercise, says
one coaching consultant. Instead, use the off-site get-together as
an "opportunity to get away from the office and resolve issues so
everyone in the company can move forward with a clean slate." Inc.com (3/2007)
| Sales & Marketing
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- Refresh annual goals to improve sales
Sales
managers usually cite revenues growth, increased sales
effectiveness and increased market share as their top goals for
any given year, but these measures for success don't always yield
stellar outcomes. Update goals with definable outcomes to achieve
better results. Manage Smarter (4/2)
| Management Style |
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- Boomer managers adjust to millennials' work
habits
Baby
boomer managers are finding they must adjust some of their
managerial practices when dealing with millennial employees --
those who grew up on the Internet and enjoy a casual workplace but
expect to climb the career ladder quickly. They comprise about 10%
of the work force, but their presence is making a deepening
impact. Forward (4/2007)
| Small Business
Operations |
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- Columnist: Maximize productivity during start-up
phase
Build
good time-saving, and therefore money-saving, habits during the
beginning phase of your business. Develop a routine of letting
voicemail pick up less-pressing calls and ignoring some e-mails,
and your business will be better for it in the long-term. "Don't
let time control you. Instead, control how you use it," USA TODAY
small-business columnist Gladys Edmunds says. USA TODAY/Small Biz
(4/3)
- Hiring decisions shouldn't be rushed
A
new hire should be looked at as an investment in the company, even
when there is a pressing need to quickly fill a vacant position.
Taking time in the beginning to search for, interview and
effectively train the right person will save time in the long run,
because the goal is to hire a person who's both a good and
long-lasting fit for the company. Supply House Times
(4/1)
| Association News |
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- Second
annual CVSN Executive Business Conference draws rave
reviews
The
meeting, which was held at the Westin Crown Center, in Kansas
City, Mo., from April 1 to 4, attracted 350 of the top supplier
and distributor executives in the commercial vehicle aftermarket
from all across North America, including Puerto Rico and the
Dominican Republic. From the top-notch keynote addresses and
educational presentations, the one-on-one private meetings and the
popular receptions, all attendees gave the meeting an A+. More
information about the meeting will be available in the next CVSN
SmartBrief, and photos will soon be available on the CVSN Web site.
- CVSN
announces plans for second annual Business Forum
CVSN's
2007 Annual Business Forum is scheduled for Sept. 16 to 20, in
Baltimore, at the Hyatt Regency Inner Harbor. Check out the official flyer, and visit the CSVN calendar of events for more information.
| SmartQuote |
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My advice is find a niche and then become the
best there is in that field."
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| This
SmartBrief was created for jeve@netsourceinc.com
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