Repeated studies have shown the correlation between employee training and increased retention, performance and satisfaction. Each of those outcomes drive improved company performance through revenue growth, reduced costs or a combination of the two.
Succession planning is a key consideration for any company in any line of work; but having an “heir to the throne” is of monumental importance for industries—like the wood products sector—that are largely populated by family businesses. Our firms tend to be very relationship-oriented...
The decision to rebrand a product line can be a difficult one for a company, especially when it has a long history and/or strong affinity in the marketplace. You risk alienating customers, creating confusion, and investing significant resources in an initiative that ultimately may not yield...
Benchmarking can be a useful tool for companies to determine their standing within the industry. It offers a snapshot of both areas where you have strengths and areas where you should focus more attention as a company.
There are, however, nuances to such efforts.
At industry events and NAWLA regional meetings, I’m one of the youngest people in the room and one of the very few young women. On the trade-show floor, I’ve had attendees approach to ask “Do you really work for Roseburg?” and “Does your father work in the industry?”