Finding the right job is tough. Doing it in a recession is even more difficult. Facing an uncertain economy, more and more job seekers and companies looking to fill high level positions are turning to contingency search firms for help. Why? Mitch Feldman, President of executive search firm, A.E. Feldman, says contingency firms like his [...]
One lesson learned from the recession is the need to focus on risk. In fact a recent study conducted by Accenture reveals the vast majority of corporate executives need to overhaul their approach to risk management. Meanwhile, Fortune recently outlined how the fallout from the financial crisis could breed a new type of corporate leader. [...]
Top executives are calling for a new approach to leadership. That’s according to a survey of 155 senior executives at Fortune 500 companies conducted by Booz & Company. The survey found that chief executives and other senior managers are struggling with the downturn’s scope, timeline, and solutions. In short, traditional cost-containment measures are falling short [...]
Productivity gains from private equity involvement in companies since 1980 have boosted the U.S. economy by $4 billion to $15 billion per year and are expected to be even greater in the current recession, according to one of the most exhaustive studies conducted by the non-profit World Economic Forum (WEF). The WEF study, which involved [...]
The American Society of Civil Engineers (ASCE) just released its 2009 Report Card for America’s Infrastructure. For the fourth time since 1998, the group assigned a cumulative grade of “D” to the nation’s infrastructure, estimating that $2.2 trillion would be needed to restore it to acceptable levels – that’s up from $1.6 trillion in 2005.
The [...]
President Barack Obama is touting his American Recovery and Reinvestment Plan to immediately jumpstart job creation as well as long-term economic growth. In his weekly address on January 24th Obama said the plan will save or create three to four million jobs over the next few years and plans to rebuild the nation’s infrastructure to [...]
Chief executives are not immune from the deepening labor market downturn that cost 524,000 Americans their jobs last month, according to the WSJ. Grappling with disappointing financial results, tumbling stock prices and mounting investor criticism, the parade of CEO departures is on track to continue in 2009. The WSJ report notes that William Watkins, recently [...]
This year governments around the world will spend 2.9% of world GDP on infrastructure, up from 2.2% in 20087according to Infrastructure Investor, citing projections for 2009 compiled by consultancy CG/LA. Norman Anderson. The report adds the firm’s CEO, Norman Anderson, also predicts that the U.S. will move toward a more Spanish-style model of infrastructure financing [...]
President-elect Barack Obama is laying the groundwork for a giant economic stimulus package - up to $850 billion over two years - in his first test of legislative give and take with Congress, according to the AP. The report states that Obama’s economic advisers are currently assembling a recovery plan and already reaching out to [...]
It’s all about jobs these days. President-elect Barack Obama says he wants to revive the economy through a job-creating public works plan on a scale unseen since the building program of the interstate highway system in the 1950s. His ideas were outlined in the weekly radio address following the Labor Department’s announcement that employers cut [...]
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