Subject: SHDA Unlocked - January 2007 Edition


 
 

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Security Hardware Distributors Association
100 N. 20th Street, 4th Floor
Philadelphia, PA 19103-1443
Phone: 215-564-3484
Fax: 215-564-2175
Email:
shda@fernley.com
 
 
 
MARK YOUR CALENDARS
 
SHDA 37th Annual Industry Advancement Summit 
May 8-11, 2007 
 Sheraton Indianapolis Hotel & Suites
Indianapolis, IN 
 
 
 
 
 
 
 
 
 
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Security Hardware Distributors Association
100 N. 20th Street, 4th Floor
Philadelphia, PA 19103-1443
Phone: 215-564-3484
Fax: 215-564-2175
Email:
shda@fernley.com
 
 
 

Today is 1/16/07 

SHDA Headquarters update 

With the new year, SHDA welcomes a new Management Team. Mike Mitkus has been promoted to the position of
Executive Director of the associationMany of you have met or worked with Mike over the course of the past year in his
role as the Membership & Communications Director. Filling his shoes will be Kristen Olszewski, who has been with 
SHDA Headquarters since 2001 where she has worked in the Accounting Department. 
 
 Please see the two attached press releases for additional information.
 
Also, with the start of the new year, we'd like to remind you to be on the lookout for your annual dues invoices, which
are being mailed this week. Please renew your investment in SHDA today!
 

upcoming shda university programs

Friday,
January 19th
Seven Strategies for Communicating Price Increases 
Presented by Dave Kahle; $85 per site
12:00 – 1:00 p.m. or 3:00 – 4:00 p.m. ET
www.davekahle.com   
Monday,
January 29th
Negotiation Strategies 
You Can Adopt Today, to Get the Appointment, the Sale & the Follow Up Orders
Presented by Joe Ellers; Free!
11AM ET
http://www.joeellers.com/tele.htm   
 
 Friday,
 February 
16th
Conquering the #1 Buying Obstacle: Reducing the Risk 
Presented by Dave Kahle; $85 per site
12:00 – 1:00 p.m. or 3:00 – 4:00 p.m. ET
www.davekahle.com

 Look for the SHDA University logo and visit www.shda.org for program updates throughout the year. 

 Fragile economy in 2007 

Due to the Federal Reserve's steady interest rate increases in 2006, the U.S. economy seems to be slowing down. Experts believe this trend will end in 2007 with a gradual pick-up late in the year. Moreover, although the stock market continues to make strong gains, some experts aren't ruling out the possibility of a recession.
To read the full article, click here.

 
2006 IN REVIEW: HD SUPPLY, PRIVATE EQUITY AND MORE...

Home Depot's acquisition of Hughes Supply was easily the top story of the year, but 2006 also saw a number of other significant deals and trends emerge, including moves by independent distributors, as well as an influx of private equity dollarsRead more in Modern Distribution Management (subscription required).  

 
STRAIGHT COMMISSION PLANS: DOES ASSUMED RISK DRIVE PERFORMANCE?

The idea behind straight commission and its attractiveness to sales managers and executives is the concept of assumed risk and the way it is believed to drive performance: if the seller doesn't perform well, they don't get paid well. Conversely, the more they sell, the fatter the paycheck. However, in this article in Progressive Distributor the author argues that this notion is both errant and naïve and provides specific evidence to back these claims.

 
More rfid adoption in 2007, DESPITE WORKER SHORTAGE

RFID is expected to have a compound annual growth rate of 20% over the next six years, yet many businesses are still not ready to deal with that growth, mainly due to a shortage of RFID-trained workers. Read the full article in InformationWeek.
 

 

ccr

 
 
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