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Editor in Chief:
Joan Caruso
Writer:
Catherine Carlozzi
Designer:
Loan Tran
If you have questions or comments on this month's issue, send your feedback to loan.tran@ayers.com
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President's Letter
Leadership Matters—More Than Ever
 Leadership is always an issue in the business world. It’s what lies at the heart of our practice in organizational effectiveness. But we at The Ayers Group have never seen a time when leadership was more crucial than it is today.
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J&J Chairman Weldon Opens Ayers’ Leadership Series
Close to 200 senior executives gathered at Manhattan’s Union League Club on June 2 to network and hear William Weldon, Chairman and CEO of Johnson & Johnson, talk about the Credo and the Global Standards of Leadership that have made J&J the world’s most comprehensive, broadly based health care company. The breakfast program was the first in a new series on leadership sponsored by The Ayers Group. Following are excerpts from Mr. Weldon’s remarks.
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College Day Coaches Grads on Competitive Job Campaigns
The Class of 2004 faces a more positive job market than its most recent predecessors. Surveys conducted by the National Association of Colleges and Employers (NACE) indicate that employers plan to hire 11.2 percent more new college graduates this year than in 2003. The outlook is best in the service sector (+16.1 percent), followed by manufacturing (+12.6 percent). Employers in the Northeast have the most favorable projections (+20.9 percent).*
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Ayers Helps Community Banks Planning to Take the Merger Plunge
Buoyed by the ongoing economic recovery and improved earnings, global M&A activity has risen to a level not seen since late 2000. During first-quarter 2004, dealmakers in the U.S. forged more than 2,000 domestic and cross-border agreements with an aggregate value of over $278 billion—up from $75 billion in first-quarter 2003. This renewed activity is a clear signal that business leaders are looking to the future with confidence. It also means we can expect new rounds of corporate restructuring and layoffs.
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Staffing/IT Consulting—Intelligence From The Front
The drumbeat of good economic news is getting louder.
- GDP continues to grow.
- Payroll numbers have risen for nine straight months.
- Nearly 1 million jobs were created in the last three months alone.
- The global economy is also positioned for continued growth.
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When Coaching Fails
by Joan Caruso
Coaching has surged in popularity in recent years, gaining widespread acceptance as a tool for executive/ leadership development, talent management, and organizational transformation and effectiveness. As it comes of age, coaching has increased in complexity. Coaches and organizations alike face the challenge of using this high-impact tool effectively. Following are some of the most common mistakes made on both sides of the equation.
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Coaching and the Recovery
The Ayers Report sat down with Joan Caruso, Managing Director of the firm's OEC practice, to get a first-hand look at how coaching activity was affected by the turn in the marketplace.
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Staffing Services Staffs Up
We are pleased to welcome three experienced IT recruitment professionals who have joined The Ayers Group as Senior Recruiters and Account Managers.
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Successful Landings
With unemployment falling, payroll numbers rising, and job creation on the upswing, senior consultants in Ayers Outplacement Division are reporting a number of emerging trends.
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Organizational Effectiveness Consulting
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