Tip: Make Training Part of Succession Planning - Modern Distribution Management

Tip: Make Training Part of Succession Planning

Successful transfer of knowledge can help prepare companies for the future.
mtow-blog-image

Training is a crucial step in developing a distribution company’s successors, says John Jacobsen, vice president of sales and marketing at DGI Supply, in The Critical Role of Employee Training.

According to Jacobsen, failing to successfully transfer knowledge from current to future leaders will eventually lead to a talent gap, “which means then the customers are going to find alternative solutions to meet their needs,” he says.

In addition to the common product and technical training – something distributors have always done well – Jacobsen says companies also need to focus on improving the sales, leadership and general business skills of their employees.

Jacobsen suggests enrolling employees in training programs and providing access to professional development, such as the ISA Learning Center courses and workshops.

Read more about how training can prepare your business for the future, in The Critical Role of Employee Training.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!