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THE DISTRIBUTOR’S LINK
NATIONAL FASTENER DISTRIBUTORS ASSOCIATION
3020 Old Ranch Parkway #300, Seal Beach CA 90740
TEL 562-799-5509 FAX 562-684-0695 EMAIL nfda@nfda-fasteners.org WEB www.nfda-fasteners.org
JOIN US IN SCOTTSDALE IN OCTOBER FOR
NFDA’S 2023 EXECUTIVE SUMMIT by Amy Nijjar
We have a great educational program lined up for
the NFDA 2023 Executive Summit, October 25-27,
at The Scottsdale Resort at McCormick Ranch in
Scottsdale, AZ.
Culture: How to Make It a Competitive
Advantage
Presented by Bill Kaiser, Culture Wise
The famed management professor, Peter Drucker,
once said, “Culture eats strategy for breakfast”.
According to Bill Kaiser at CultureWise (a leading
consulting firm dedicated to fostering the development
of company culture as a competitive weapon), there are
five ways a vibrant company culture boosts the bottom
line:
[1] Improving retention and recruitment
[2] Reducing burnout
[3] Inspiring innovation
[4] Boosting efficiency and productivity
[5] Elevating the customer experience
In this session, you’ll get an overview of a process
to convert your company’s unique cultural characteristics
into a series of behaviors that can be taught and
reinforced. Bill Derry, Chairman of Field Fasteners, will be
on hand to share how this approach has benefited Field.
Hacked? Don’t Hesitate, You’re Next! Panel
Program
Panelists include:
¤ Jerrad Douberly – Threaded Fasteners
¤ Scott Longfellow – Huyett
¤ Doug Ruggles – Martin Supply
¤ Nick Ruetz – AIS
ASSOCIATION ARTICLE
Cybersecurity risk is real, and it is dangerous.
Scott Longfellow will lead a discussion with panelists
as they recount their experiences on the bad end of
cyber extortion. Each will talk about their experiences
as victims of ransomware attacks, in some cases
costing seven figures in paid ransoms and for
consultants, legal, and security experts. Longfellow
will discuss technology and behavioral measures that
thwart unrelenting criminals including multi-factor
authentication, immutable backups, air-gap servers,
user awareness training, and managed defensive
devices and services.
The panel will review the structures, costs, and
benefits of cyber insurance. There will be a Q&A
opportunity for members to vet their own concerns and
issues.
Data Analytics and Artificial Intelligence
Presented by Jim Derry, Field Fastener
What is this and what does it mean? This session
will review the basic architecture of data models and
data modeling. Data analytics is more than “what
gets measured, gets done.” There is a process to
synthesize data and a process to ensure that user
communities can benefit from the use of data to drive
better results. Once a dataset is defined, do you build
the models yourself, or outsource?
Jim Derry, the NFDA’s Fastener Professional of the
Year in 2020, is the Chief Executive Officer of Field
Fastener and a subject matter expert. Prior to Jim’s
work in the fastener industry, he was an executive at
Harris and worked in the deployment of technology to
business applications.
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