Pro Installer November 2013 - Issue 08 | Page 54

54 NOVEMBER 2013 PRO INSTALLER PRO BUSINESS www.proinstaller.co.uk What does it take to outperform two recessions? PRO Installer caught up with CDW’s Managing Director, Jerry Webb, to discuss how the company has manoeuvred relatively unscathed through two recessions, focusing on how they reacted post 2008… “When you’re busy running a business that employs over 70 people across the whole group, like we do at CDW Systems in Gloucester, you can easily get lost in the day to day operations and not focus on the vision of the company and how to react to economic conditions that are essentially out of your control. Essentially, in this cyclical format, we’re all going be affected so it becomes about how you react and adapt to the conditions. By the end 2008, in the UK, manufacturing output declined by 7 per cent and despite some recent positive signs it’s been a long hard slog. History has taught us recession is a reality, from the post Napoleonic depression to the current day economic struggles, we haven’t yet found a way to escape the schizophrenic highs and lows in our economy. Which is why when Gordon Brown said he’d abolished boom and bust I was sceptical; and burying your head in the sand is not an option. In our industry this equalled lots of change. Many companies folded; some phoenixed and there were mergers and acquisitions as things re-aligned. Here, at CDW Systems, we have experienced relative success during these difficult times. And it’s not been by chance that during the recession, in February this year to be exact, we posted record trading figures, with Adapting and changing turnover reaching £600k during this month alone. Throughout the recession things have been good, spurred on by a buoyant aluminium sector we’ve experienced demand right across our product range. Low-interest rates So what’s been the secret? Because relying on the growing aluminium sector isn’t enough. You still have to recognise and adapt to growth markets. At the lower end of the market the saturation of cheap credit saw mass markets such as standard white PVCu windows diminish, whereas low-interest rates and a sluggish housing market has seen more wealthy homeowners stay put and invest in their homes with added value products. We’ve had a bi-folding door boom, aluminium has emerged as a growth market and high-end products have captured the attention of the market. Successful companies recognised this early and aligned there businesses accordingly, providing not just products but support, intelligence and information regarding these growth areas to ensure installers were familiar with what products are in demand and how to tackle these growth markets. Innovation Innovation and investment is also key to outperforming a recessionary climate. Recession ensures every part of a business is scrutinised, so it’s vital to be constantly improving and evolving, doing what the other guy isn’t and being a purple cow, in order to stay competitive and get noticed. For an installer this means looking for the growth areas and for fabricators it means bringing new products to market that are relevant and can help installers distinguish themselves ahead of their competition. As a matter of course we launch one new product each year, our most recent being the high-performance, thermally insulated Confort 160 (C160). Investment The very latest machinery and technology is of course vital but equally so is investing in people, because they are the ambassadors and agents of the future for your company. At CDW Systems all staff go through an intensive pe- riod of on-going training to ensure they are multi-disciplined and equipped across all product lines. This allows the team to react to peaks and troughs and become active and streamlined rather than re-active and cumbersome. Make it easy The old principle of keep it simple stupid also rings true and fabricators and installers that are providing their customers with key information and adding value to their sales processes and communications will out-perform t ?????????????)!??????????????)?????????????? \)M????????????????????????????????????????????)????????????????????)???????????????????)????????????????e????????)??????????????%?????????)?????????????????????????????????????)????????????????????e?)????????????????????????)??????t((0