Blogs from Art Waskey

Most Recent

Cutting Dead Inventory Costs with Advanced Inventory Management

Reducing dead inventory is essential for distribution companies to stay competitive. As a senior executive, I once faced a period when our obsolete stock hit 5% of annual sales. To tackle this, I initiated weekly meetings with outside sales reps to review slow-moving...

To Retain Employees Look to your Managers

Look to your managers Managers are the link to employee retention. The management consulting firm Gallup specializes in the science of employee engagement. Also, their surveys have found that people don’t leave companies, they leave managers. If you have a turnover...

Retain Employees using these Six Questions

Employee retention Employee retention is essential to a successful business.  When I reflect on my time as a sales manager, I often think of the employees who got away. I wonder why some people stayed with the company, and others left.  More specifically, I...

Subscribe

* indicates required
Subscribe me to:

Featured

Taking Control of the Mind

Our mind can be likened to an iceberg. The tip of the iceberg represents the relatively small part of our brain which is our conscious mind. This part can only process two or three thoughts at a...

Promoting the Product: A New Sales Model That Meets Your Needs

The New Sales Model MSC Industrial Supply Co's new brand proposition — built to make you better — is an important strategy to note. The digitalized world has created major changes in the way we...

The three most common uses of AI

One of AI's greatest advantages is its ability to significantly reduce the time required for routine processes. By automating tasks such as order processing, data entry, workforce scheduling, and...
Lean on your Strengths

Lean on your Strengths

My past experience includes growing a distributor business from $10M to $65M.  My current focus now is on advising small and mid-sized...

Outside Sales Is Switching Positions

Outside Sales Is Switching Positions

I was fortunate to be part of the glory days of an outside distributor sales team. We built strong customer relationships. Using our technical...

The New Just In Time Strategy

The New Just In Time Strategy

The pandemic accelerated the digital transformation of business. We all remember how long it took for some to accept automated attendants, email,...

Selling in a seller-free marketplace

Selling in a seller-free marketplace

Seller-free sales The transformation to the digital marketplace for sales channels happened gradually — and then suddenly. The global pandemic...

The Makings of an Effective Leader

The Makings of an Effective Leader

When I consult with the next generation of business owners and key executives, I am frequently asked what makes an effective leader. This is an...

Boosting Inside Sales

Boosting Inside Sales

Tapping inside potential Digitalization, combined with a worldwide pandemic, has caused significant disruption in distribution sales, especially...

Hold Them Accountable

Hold Them Accountable

A commitment to resolution The owner of a distribution business complained that his staff was not following through on commitment deadlines. I had...

The Balanced Sales Team

The Balanced Sales Team

The changing sales landscape In my 50 years of distribution sales and sales management, I have worked with all types of sales reps. By nature, I am...

Accountability: Steps to Success

Accountability: Steps to Success

Problems and Solutions We all need to take steps to accountability. Throughout my career in executive leadership, I have had relationships with...

Becoming a Go-Giver

Becoming a Go-Giver

One of the benefits of retiring from the corporate executive world is that I now have more time to read, write, teach, and give keynote speeches. I...

How Enterprise Selling Works

How Enterprise Selling Works

Enterprise Selling occurs when you demonstrate where customer needs meet your company’s innovative capabilities. According to Mark Dancer, “B2B...

Creating New Opportunities

Creating New Opportunities

A distributor asked for advice on creating new opportunities for his company. It was experiencing sales erosion to alternative channels. While sales...

Adjusting to change

Adjusting to change

Information technology is at the root of so many alterations in the way we do business, both internally and externally. We all need to learn, and...

Engage in Your Mission

Engage in Your Mission

A focused mission yields results. The most effective leaders of the 20th century all had a razor sharp focus on a cause. Fully engaging in a mission...

Sales Strategies for the Digital Age

Sales Strategies for the Digital Age

Develop commercial insight In their seminal 2011 work, The Challenger, Taking Control of the Customer Conversation, Matthew Dixon and Brent Adamson...

Know Your Customer

Know Your Customer

Make personal connections To remain competitive in a world with lots of alternative purchasing channels, you need to know your customer. I advise...

Personal Service is a Plus

Personal Service is a Plus

Is anyone listening? As automation replaces people in customer service positions, the sense that no one is really listening grows. This makes...

A Balanced Sales Approach

A Balanced Sales Approach

Feeling Appreciated It is easy to slip into the Best Supporting Rep role. Filling an urgent client request or fixing a problem begets customer...