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THE BUZZ |
Egret Consulting eNewsletter | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
May 2009 Vol. 10 Issue 5
Egret's 5th Annual Women in the Industry Survey By Ted Konnerth I've attended the NAED conferences since 1985 and for the past 5 years I've conducted a survey of the number of NAED badge attendees who have female first names. Albeit, this is not the most scientific survey but the results confirm the overall perception I've had of our industry for the past 25 years; we are a male-dominated industry. There are elegant rationalizations for that; the distribution industry was launched in its current form from the end of World War II, when the returning soldiers represented an extraordinary influx of labor at a time of government sponsored construction projects; where the availability of materials was a major contributor to the efficiency of our re-birth from the War. The industry was virtually started by servicemen and has remained virtually male-only for 60+ years. Dads turned the business over to sons, and a handful of daughters, but a strategic process of attracting a diverse workforce into distribution and even electrical manufacturers simply never gained traction. Look at the results for 2009*:
NAED as an organization has largely ignored the issues of attracting and retaining talent; and diversity hiring is a rarity in any NAED agenda. The number 1 challenge for the electrical industry for the past 5+ years has been the availability of quality talent. The ability to attract talent in this economy is actually better than in boom times, but the topic is ignored. The 2009 agenda is similar to past conferences with no sessions devoted to attracting talent, keeping talent or developing a heterogeneous organization. Bluntly put, diversity hiring is essential for no other reason than the current labor pool isn't predominantly white guys any more... it's women and minorities and old and young, all selling to customers who are just as diverse as In short, do you want to grow and become more profitable? Then start to mirror your customer base or differentiate your business into minority-owned companies. To view other recent newsletters click here: 'THE BUZZ'
Are virtual tradeshows here to stay???
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People often say that motivation doesn't last. Well, neither does bathing - that's why we recommend it daily. -Zig Ziglar | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Ask an Expert Please email us your question and look for the answer next month. Read the answer to this month's question about: Reference Checks | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Egret Survey of the Month:
This month's question:
Please take 7.5 seconds to tell us why you think there aren't more women in the electrical industry.
Last month's survey results:
Question
What emerging markets will you implement a specific focus on in 2009?
Responses:
33.3% Solar Power 33.3% Wind Power
8.3% Alternative Energy
(biofuels, ethanol etc)
55.6% LED Technology
8.3% Smart Grid tech
33.3% Smart Building
(controls, sensors) 41.7% Energy Reduction 8.3% None of the above Population: 27.8% Manufacturers
50.0% Distributors
22.2% Others | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Industry Events NFPA Conference & Expo Email to schedule a meeting with Brooke Ziolo Fastener Tech 2009 Sensors Expo Email to schedule a meeting with Brooke Ziolo | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Industry Specialties:
• Electrical Manufacturing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mergers & Acquisitions We offer confidential consulting services to help you sell, or re-capitalize your company. Our 25 years of industry relationships offer a unique process of confidentially identifying the 'right fit' buyers. Contact Ted Konnerth, tk@egretconsulting.com, for a consultation on marketing or re-capitalizing your company. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||