Synnex reports lower profit for latest quarter | Worthington Industries picks president as next CEO | Researchers detail new Windows malware
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June 29, 2020
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Synnex on Thursday announced fiscal second-quarter profit of $56.9 million on revenue of $5.53 billion. Both figures were down from a year earlier.
Full Story: MarketWatch (6/25) 
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Digital Payments: A Roadmap for the Future
Join experts from Rapyd, Santander InnoVentures and Accenture for a webinar tomorrow as they discuss trends and technologies driving digital payment during and following the pandemic. Learn which factors to consider when upgrading or instituting online payment options, as well as opportunities to navigate recovery and expand both customer loyalty and revenue streams. Register now
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Operations and Technology
Vulnerabilities in Windows are being exploited by Lucifer, a new malware that can self-propagate and is capable of denial-of-service attacks and Monero cryptojacking. Researchers at Palo Alto Networks say the hackers behind Lucifer also use credential brute-forcing and take advantage of an "exhaustive list" of exploits.
Full Story: Health IT Security (6/25) 
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Sales and Marketing
Sales managers should encourage their teams to get more sleep as a method of improving performance on the job, writes Jeff Kahn. Sleep debt can lead to mental lapses, errors, memory impairment and more sick days, among other problems.
Full Story: Sales Hacker (6/25) 
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Showpad's Helen Yu outlines five tips to help business-to-business marketers and salespeople work together more effectively, including using data insights to ensure prospects aren't overloaded with content. Create interactive presentations that prioritize the value your business offers, use augmented and virtual reality to showcase products, and offer continuous education to keep salespeople informed about your industry, she recommends.
Full Story: MarketingProfs (free registration) (6/24) 
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The Business Leader
The coronavirus pandemic has highlighted the importance of HR to distributors, even smaller firms that might consider outsourcing HR, says Cory Calderon of Valin and John Salvadore of GRN Coastal. "Certainly, HR is much more than just recruiting and talent acquisition, they touch so much of the organization, they should be front and center and have a seat at the table," Salvadore says.
Full Story: Modern Distribution Management (tiered subscription model) (6/26) 
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Contrary to common belief, introverts can make excellent managers, drawing on their tendency to leverage alone time to reflect and refresh. Organizational psychology professor Adam Grant reviews some of the other reasons introverts stand out in top roles, including their calm and an ability to really listen to others, and author Susan Cain offers tips to help introvert managers.
Full Story: ASME (6/25) 
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Would-be leaders cannot avoid office politics, but they can be deliberate in influencing people without compromising their values, writes Art Petty. "Start small and help to fix issues that affect you and your colleagues in your daily work," he writes.
Full Story: SmartBrief/Leadership (6/25) 
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NAW Insider
NAW Chairman's Column: We're Reminded of NAW's Value to Our Industry During a Pandemic
York (NAW)
In his Chairman's Column, NAW 2020 Chairman of the Board Doug York talks about the benefits of membership in NAW to include exposure to new trends and ideas in distribution, access to key partnerships and government affairs. He adds that this combined value has grown exponentially throughout the pandemic, bringing particular attention to the daily updates from our government relations team which deal with the impact COVID-19 has had on distribution businesses and our industry. Read his column.
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Register for NAW July 16 Webinar: A Distributor's Innovation Roadmap to Success
(NAW)
Distributors have made progress in navigating through this unprecedented disruption, but much more is needed. In this live webinar, we will follow up with Michael DeCata, President and CEO of Lawson Products, to hear how he is navigating through COVID-19 and how it has accelerated his plans around innovation. Mark Dancer, author of NAW's "Innovate to Dominate," and Richard Blatcher of PROS will explore with Mike how distributors must implement an "innovation ecosystem" to compete in the new normal. Register today! Sponsored by PROS.
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