Latest Articles in Management

  • Trade shows are a key place for machinery purchasing. For attendees looking to buy, it’s important to get prepared now to secure financing and make a wise purchase. If you’re prepared ahead of time, you’re able to make a better deal at the show and secure what you need in an environment when machines are in shorter supply. Look at both your personal and business credit to ensure... more »
  • It is no secret that current owners of window and door dealerships are predominantly folks closer to retirement than to the starting line of their careers. It is also no secret these owners know a lot about the business, and they continue to be hard-charging salespeople and managers.  But there is also a secret that nobody wants to talk about: many businesses are not operating in a way... more »
  • With the labor market as competitive as we’ve seen since the bubble, we’re hearing more and more chatter about the practice of poaching to fill all kinds of positions, from the executive-level and sales ranks to the factory floor workers and in-the-field installers. There are varying opinions on the effectiveness and even on the integrity of using recruiters or “poaching”... more »
  • The death of the 70-hour work week
    The economy is hot, construction is healthier than it has been for many years, and window and door dealers are running faster than ever. This business activity is welcome—most of us remember the vacuum sound that started in 2007-2008 and continued for years. So yes—bring it! However, many of the dealer owners we work with are working 70-hour weeks to keep up. If you fit in that... more »
  • Editor’s Note: The Window & Door Dealers Alliance partnered with Madeleine MacRae to produce timely webinars designed to respond to window and door dealers’ top challenges. The first of these the sessions will take place next Wednesday, May 8 and is free to WDDA members, though all dealers are eligible to attend. Click here to register. I remember the moment when it dawned on... more »
  • At the recent Window and Door Manufacturers Association’s Spring Meeting and Legislative Conference, held March 19-21 in Washington, D.C., Chad Moutray, chief economist for the National Association of Manufacturers, spoke on the continuing challenge of finding and retaining a skilled labor force and outlined initiatives companies and associations are implementing to address the situation.... more »
  • Manufacturers adjust hiring practices to cultivate qualified workers in a tight labor market
    A new employee cuts a window screen frame to size at Quanex, a company that uses a variety of recruiting strategies, including utilizing veteran outreach programs and participating in Manufacturing Day. (Image courtesy of Quanex.) Recruiting Tips Seek out veterans “Veterans have a commitment to mission, they know how to work with a team and they understand how to be trained. These are all... more »
  • Despite the seemingly sophisticated path of our evolution as a modern civilization, there still exist men and women in the workplace who have either ignored, forgotten or altogether failed to learn how to treat one another.  Recent revelations of abuse and misconduct among the Hollywood culture and other high-profile sectors of our society have given all of us somewhat of a wake-up call.... more »
  • How manufacturers can take the lead on addressing the issue
    Availability of qualified labor is increasingly seen as a major problem for both the construction industry and for manufacturers. In the former case, the National Association of Home Builders reported in a 2017 Eye on Housing blog that the percentage of its surveyed builders who indicated that cost and availability of labor is their most significant problem skyrocketed from 13 percent of builders... more »
  • Buy-sell agreements protect a company in the event of the unexpected
    Editor's Note: This is the last in a series on exit planning and succession that Window & Door began publishing in the May issue. The series is adapted from that which ran in Glass Magazine, our sister publication. If you have a succession story to share or are beginning the process and want to share your experience, email ethompson@glass.org. To view previous articles in the... more »