The summer is over and it is time to get down to business again. We will return to submitting blogs on this site regarding parts, service, sales, training, education, and the like on a regular basis. Those of you that follow this blog are more than welcome to make suggestions as to which subjects you would like me to focus on this Fall.
This Fall marks the end of five years since the economic disruptions became so dramatic. Equipment sales levels still linger at roughly half the peak they realized in 2007/2008. We should not expect machine sales activity to return to that level in the United States, excluding resource-based equipment sales until well after business and the general population, get healthy again.
Employment numbers are like grasping at straws. The number of unemployed got lowered to 7.3% for August with the overall unemployment rate being 13.7 if you exclude those that have given up. The labor participation rate has not been this low for over three decades. The lingering overhang of the arrival of the affordable care act is having an effect on hiring. More jobs are becoming part time to avoid the cost to employers of providing healthcare to full-time employees. Healthcare offerings from employers are asking for more contributions from the employee. Wage increases are almost nonexistent. And we should never forget that the American consumer drives the American economy. Without people having disposable income the American economy will continue to struggle.
It is against this background that those of us in the equipment business are working. Parts and service has to become more the focus of these equipment dealers if they are going to succeed in this reduced equipment market. At some point you have to start growing your business, as opposed to saving your way to health. Employee productivity can only be driven so far before it reaches the breaking point, both for your employees and for your customers who don’t receive the level of customer service that they deserve and expect.
The opportunities in front of us are huge. But opportunity is an interesting word much like the word potential. If somebody tells you that you have a lot of potential at the age of 16 that is quite a compliment. If they tell you the same thing at the age of 66 I wonder what you’ve been doing for the last 50 years. Opportunity is what we make of it. So for those of you that are prepared to go get it – these pages are for you.
The time is now
Friday Filosophy v2013-41
Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.
Dale Carnegie
Attitude is a little thing that makes a big difference.
Winston Churchill
Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.
Thomas Edison
The time is now…..
Disney and AED leadership check it out
Check out www.aed-leadership.com and join in.
Friday Filosophy v2013-40
A good objective of leadership is to help those who are doing poorly do well and to help those who are doing well to do even better.
Jim Rohn
The supreme quality for leadership is unquestionable integrity. Without it no real success is possible.
Dwight D. Eisenhower
He who does not tire, tires adversity.
Author Unknown
The time is now…..
Friday Filosophy v2013-39
Leadership involves finding a parade and getting in front of it.
John Naisbitt
Peace comes from within. Do not seek it without.
Buddha
To climb steep hills requires a slow pace at first.
William Shakespeare
The time is now…..
Friday Filosophy v2013-38
Only the development of compassion and understanding for others can bring us the tranquility and happiness we all seek.
Dalai Lama
Flaming enthusiasm, backed up by horse sense and persistence, is the quality that most frequently makes for success.
Dale Carnegie
A man is a success is he gets up in the mornings and gets to bed at night, and in between he does what he wants to.
Bob Dylan
The time is now…..
Friday Filosophy v2013-37
Without inspiration the best powers of the mind remain dormant. There is a fuel in us which needs to be ignited with sparks.
Johann Gottfried Von Herder
Make yourself necessary to somebody.
Ralph Waldo Emerson
Without initiative, leaders are simply workers in leadership positions.
Bo Bennett
The time is now…..
WH Filosophy v-1.17
It is wise to direct your anger towards problems – not people; to focus your energies on answers – not excuses.
William Arthur Ward
Expect more than others think possible.
Howard Schultz
If people aren’t calling you crazy, you aren’t thinking big enough.
Richard Branson
Thanks Bill
The time is now.
Management Musing v2.6
The summer is over and it is time to get down to business again. We will return to submitting blogs on this site regarding parts, service, sales, training, education, and the like on a regular basis. Those of you that follow this blog are more than welcome to make suggestions as to which subjects you would like me to focus on this Fall.
This Fall marks the end of five years since the economic disruptions became so dramatic. Equipment sales levels still linger at roughly half the peak they realized in 2007/2008. We should not expect machine sales activity to return to that level in the United States, excluding resource-based equipment sales until well after business and the general population, get healthy again.
Employment numbers are like grasping at straws. The number of unemployed got lowered to 7.3% for August with the overall unemployment rate being 13.7 if you exclude those that have given up. The labor participation rate has not been this low for over three decades. The lingering overhang of the arrival of the affordable care act is having an effect on hiring. More jobs are becoming part time to avoid the cost to employers of providing healthcare to full-time employees. Healthcare offerings from employers are asking for more contributions from the employee. Wage increases are almost nonexistent. And we should never forget that the American consumer drives the American economy. Without people having disposable income the American economy will continue to struggle.
It is against this background that those of us in the equipment business are working. Parts and service has to become more the focus of these equipment dealers if they are going to succeed in this reduced equipment market. At some point you have to start growing your business, as opposed to saving your way to health. Employee productivity can only be driven so far before it reaches the breaking point, both for your employees and for your customers who don’t receive the level of customer service that they deserve and expect.
The opportunities in front of us are huge. But opportunity is an interesting word much like the word potential. If somebody tells you that you have a lot of potential at the age of 16 that is quite a compliment. If they tell you the same thing at the age of 66 I wonder what you’ve been doing for the last 50 years. Opportunity is what we make of it. So for those of you that are prepared to go get it – these pages are for you.
The time is now
Friday Filosophy v2013-36
The only real training for leadership is leadership.
Anthony Jay
Believe in yourself and there will come a day when others will have no choice but to believe in you.
Cynthia Kersey
Courage is not simply one of the virtues, but the form of every virtue at the testing point.
C.S. Lewis
The time is now…..
Friday Filosophy v2013-35
Nothing endures but personal qualities.
Walt Whitman
To lead people, walk behind them.
Lao Tzu
Be gentle and you can be bold; be frugal and you can be liberal; avoid putting yourself before others and you can become a leader among men.
Lao Tzu
The time is now…..