Login  |  Register          Free Newsletter Subscription
Zibb
Subscribe to Industrial Distribution
Email
Print
Reprint
Learn RSS

A year of revitalization

A pro-business political climate and improving economy spell opportunity for distributors

By W. Grady Rosier -- Industrial Distribution, 3/1/2003

Nobody can predict exactly what's going to happen this year, but I have a good idea where we're headed. This year is going to be one of revitalization for the economy, which can only benefit the wholesale distribution industry.

It's an understatement to say the U.S. economy could be in better shape, even now. But you know what? I have little tolerance for anyone in business who blames this thing called the economy for everything unpleasant that happens.

We should simply refuse to be part of a "woe-is-me" kind of thinking. We should set our own agenda. We should set our own goals and our own schedule for meeting them. And we should meet them. We simply shouldn't accept the role of victim. We should develop our own economy and make it work for us.

The U.S. economy is not like the weather. We can do something about the economy — and the National Assn. of Wholesaler-Distributors is doing something. Our business philosophy can be and should be described by one of the central themes of the recent NAW Executive Summit in Washington: Don't compete — dominate.

Is that easier said than done? Of course it is, but it's also easier to do than some companies might think.

In my view, simply putting on your climbing cleats and loading up a backpack with ropes is not good enough. Simply taking that first step along the mountain trail is not good enough. Indeed, getting halfway up the mountain is not good enough.

We should be dedicated to reaching the top. Planning for less than the top is, in itself, an acknowledgment of defeat. If business leaders have that losing attitude, a good or even great national economy is not going to save them.

To use an expression that might have originated in my home state, you have to take the bull by the horns. When you see opportunity, you've got to reach out and grab it. Looking at the big picture, we in wholesale distribution made great progress in the national elections of 2002. It's clear that we're benefiting from a more pro-business mindset in Congress these days — not to mention the help we've been getting from a good friend at 1600 Pennsylvania Avenue. All of this is cause for optimism, but we must also capitalize on the many opportunities ahead.

NAW has endorsed the economic-growth and jobs-creation initiative announced by the president in January and has urged Congress to take quick action. Economic growth means more jobs, and growth reduces deficits caused by soft economic activity. NAW is working hard to help ensure that the president's proposals are passed, and soon.

That's because the president's plan is exactly the right plan, at the right time. His program will help everyone participate in the economic recovery we need — businesses large and small, as well as individuals.

The President is to be applauded for taking this strong and decisive initiative.


Author Information
W. Grady Rosier is president/CEO of McLane Co., Temple, Texas. This column was excerpted from his Chairman's Address at the National Assn. of Wholesaler-Distributors 2003 Executive Summit, held January 27-29, 2003.

Email
Print
Reprint
Learn RSS

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

There are no other articles written by this author.

Sponsored Links

 
Advertisement
Sponsored Links

More Content

  • Blogs
  • Webcasts

Blogs

  • Jack Keough
    Keough's Korner

    July 21, 2008
    Wolseley’s stock continues to get hammered
    The news keeps getting worse for Wolseley, the British plumbing, heating and building supplies company, as the housing downturn caused its stock to......
    More
  • Nancye Combs
    Nancye M. Combs: Guest blogger

    April 28, 2008
    Handling employee ultimatums
    Q. A skilled electrician, who has been with us for eight years, had a non-work injury and was absent for six weeks. We are a very small company of ......
    More
  • View All BlogsRSS
Advertisements





eUPDATES
Click on a title below to learn more.

Resource Center E-Alert
ID Channel Report (Twice-Monthly)
Strictly For Sales (Monthly)
Distributor Management and Operations (Monthly)
ID Channel Report News Alert (As News Breaks)
The Electrical Report (Monthly)
Idea File (Weekly)
Supplier Web Locator (Quarterly)
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   FREE Subscription   |   RSS
© 2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites