Retail Observer

November 2022

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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RETAILOBSERVER.COM NOVEMBER 2022 6 Moe Lastfogel moe@retailobserver.com Moe's Musings Views Happy Retailing, I n today's business culture, authority roles and responsibilities are usually shared throughout a company. With everything that a retailer has on their plate, it is almost impossible to get it all done as a one-man or one- woman show. We are no longer specializing in one product line or one category. To remain competitive, we are constantly evolving and changing to meet the different wants, needs and buying habits of diverse consumers. How many hats did you wear today? Perhaps manager of payroll, IT, marketing, inventory, logistics, human resources, social media and of course, keeper of the keys to name a few. Which hats can you let go? Who on your staff could assist you in taking on some of these tasks so that you have more time to spend in other areas of your business? Have you ever taken a survey of your employees' skill sets which could be an untapped resource? You may not know it, but there may be a social media expert, marketing or promotions manager, demonstration cook, speaker or home show coordinator already on staff that you have overlooked just because the right questions were never asked. You're a busy person as you juggle family, life, hobbies, and a business. There are more stressors in business today than in any other time in history. The internet age has totally changed the way we live, work and think. It has also made it easier today for people to acquire a whole new repertoire of skill sets. Today's employee can be a bigger asset to an employer than ever before. Don't let these skills go to waste. If you haven't done so already, I suggest you hold a company town hall meeting or survey to find out exactly who works for you and how they can help to make your job easier and help to run your company more efficiently. Who knows, you may even tap into hidden talents that can be used to push your company to the top of your market. RUNNING A BUSINESS IS LIKE A RELAY RACE Have you thought about passing the baton? We proudly support the following trade associations and buying groups throughout North America whose news and information greatly contribute to the quality of The Retail Observer and the education of our readers. www.asid.org www.cedia.org www.dpha.net www.feigroup.net www.htsa.com www.cta.tech www.cantrex.com www.unitedservicers.com www.psoca.org www.NKBA.org www.necoalliance.com www.psaworld.org www.prosourceinfo.com THE RETAIL www.nahb.org www.nrha.org Follow us on: Join us at: Become a Fan: www.NARI.org www.nationwidegroup.org www.aham.org www.rtohq.org www.joinbrandsource.com

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