Last month, I had the opportunity to attend Duke University’s Fuqua School of Business Duke Management Program on behalf of NACD. The program, sponsored by Datacor, Inc. for NACD participants and held over a 4-day period in Durham, NC, focused on explaining the science of management by use of real-world examples and interactive activities. Taughhttp://www.datacor.comt by Fuqua professors, the Duke Management Program specifically concentrated on managing people and performance, choice, conflict, power, and systems.
Anyone in the chemical distribution industry can tell you how important health, safety and environmental practices are to their companies. The protection of our employees and surrounding communities is critical to our work, and that’s why NACD Responsible Distribution®plays such an outsized role in raising the bar for our industry. While there are obvious benefits from participating in Responsible Distribution, like having a safety record that is nearly twice as good as all manufacturing combined, there are also a number of lesser-known positives that this program provides NACD members.
Earlier this year, I highlighted the fact that NACD is celebrating the 25th anniversary of NACD Responsible Distribution®. Since that time, I have heard from many of you that Responsible Distribution is a significant investment of time and manpower that pays even greater dividends. The safety and security benefits of the program are unprecedented. However, in many cases, the benefits go well beyond these core values, including improvements in productivity, reliability, customer relations, supply chain management and practically every other facet of chemical distribution.
Have you ever gotten into a routine that felt old and tired, or just felt like you were barely making it through your “to do” list, let alone plan for the future and strategize on more efficient ways to run your division or company? We’ve all felt the stress of a monotonous routine, email overload, and some of us, even job burnout. In those moments, it’s important to reflect on the work we’re doing and the ways we can maintain our mental resilience. In doing so, we can learn to manage the stress of an increasingly hectic work life.
Did you know many of NACD’s Regulatory Compliance Preferred Providers have blogs and other resources on their websites to provide you with the information you need to run your businesses more effectively? From environmental law to workplace safety to the latest regulatory requirements and much more, these providers offer up-to-date information on issues that impact the chemical distribution industry. Below is a list of some of the resources these companies offer - I highly encourage you to check them out!
Last week, I had an interview with a reporter who was writing an article on innovative tools and resources the chemical industry is leveraging to ensure their employees are up-to-speed with the most current best practices and regulatory requirements. She told me that the article would explore a company that sells an app for safety training, another organization that recently released a virtual reality safety training course, and NACD’s online educational platform NACD U. It’s clear that organizations are looking to develop new resources that utilize technology to train their employees in a way that is digestible for these employees and ultimately saves the company time and money—that’s exactly why we launched NACD U last year.
This week, more than 90 representatives from NACD member companies came to Washington D.C. to meet with their lawmakers and tell them about the issues impacting their businesses and other important developments happening in the chemical distribution industry. One of the things they shared with elected officials was the 25th anniversary of Responsible Distribution.
After Tuesday night’s primary election results, it appears that Mr. Trump will prevail as the Republican Party’s nominee this fall. It’s also pretty clear that former Secretary of State Hillary Clinton will likely be the Democratic Party’s choice. To ensure that our members are up-to-date on the positions of each presidential candidate, NACD will be providing members with a comprehensive analysis on issues important to the chemical distribution industry. We will also be providing analysis on the top ten most important House and Senate races to NACD member companies.
Did you know that the business of chemistry touches 96% of all commerce in the United States? Did you also know that chemical distributors generate $30 billion in economic output, employ more than 70,000 people, and contribute $5 billion to the local, state, and national tax base? As these numbers show, chemical distributors play a pivotal role in the U.S. economy and in the supply chain that produces the consumer goods we use every single day.