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	Executive Search Firm News / Industry Articles

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The RSI Executive Search Firm News Center Area is designed as a resource for Employers and Candidates for the Executive Search Recruiting Industry. The RSI Executive Search Firm News Center contains Company Newsletters, Article Series Career Corner, Management Matters & Indutry Related Articles covering RSI's 18 Verticle Search Markets and RSI Client Case Studies.


	Industry Articles

Executive Search Firm News - Industry Articles

The RSI Industry News Articles are focused on the over eighteen Verticle Markets Reaction Search International services across the United States and World-Wide.

:: Current Featured Industry Articles ::

Food and Beverage Industry Support Limits on Junk Food Sales in Schools
July 1st, 2009

America’s battle with obesity is prompting Washington’s involvement in looking for solutions to reduce obesity rates, particularly in children. Critics fault vending machines and the unhealthy food choices they often carry as a component in rising childhood obesity cases. Additionally, school nutrition programs are being scrutinized and revamped in an effort to provide more nutritious and healthy food choices for children.

SBA to Offer Financing to Automobile, RV Dealerships
June 1st, 2009

According to a statement released by the U.S. Small Business Administration on May 28, 2009, automobile, recreational vehicle and boat dealers will be eligible as of July 1st to apply for government-guaranteed loans to finance dealership inventories. According to SBA administrator, Karen Mills “Countless small businesses, including dealerships, across the country are facing significant challenges as a result of the uncertainty in the auto industry…Floor plan financing can offer some dealerships the opportunity to get through these tough economic times by allowing them to keep their inventory and cash flow intact, as well as save the jobs these small businesses provide,” she said in the released statement.

Education Witnesses Growth
May 1st, 2009

As the economy continues to play hide and seek with stock market and employers continue to downsize their staff in an effort to keep afloat, industries across the board have felt the impact of a down market. As analysts continue to predict when the economy will recover, individuals that have lost their jobs, been subject to furloughs, pay cuts and any other action that has decreased their income are looking for better opportunities; occasionally accepting lesser pay in favor of greater job stability and flexibility.

Cooking Utensils & Cleaning Products See Increase in Consumer Spending
April 1st, 2009

Despite the recession certain industries have been witnessing growth due to shifts in consumer spending and economic trends. Consumers are saving their money, spending more time at home, investing in “do it yourself” equipment, lowering overhead, and “going green.” The house ware industry has seen substantial evidence in consumers spending more money on kitchenware and cleaning products as opposed to eating out or hiring outside help.

Technology brings hope to the recession
March 1st, 2009

Many of us may be faced with the realities of an economic downturn and challenged to remain productive and positive in an environment that says otherwise. However as the great George Bernard Shaw once remarked, “If all of the economists were laid end to end they would not reach a conclusion.”

Social Media
February 1st, 2009

How would you like to be alerted in real-time of events going on across the globe instead of having to wait for your morning newspaper the next day? Or implement a novel marketing campaign that allows you to connect with your consumer base and solicit their feedback when launching a new product or service? Or rather than maintain an antiquated, dusty rolodex of business contacts that is only reviewed when sending out holiday cards, imagine the opportunity to engage with them on a frequent basis through discussion forums, network with them and their contacts to receive business leads, referrals, and the like.

Read More "401k for Generation Y" »

Carbon Emissions Tightened
July 1st, 2008

Regulators in Europe, Japan and North America are beginning to clamp down on carbon emissions and auto manufacturers have found themselves in the firing line.

Armed with fuel economy legislation and biofuel mandates, the European and the U.S. are attempting to calm fears over climate change and energy security, according to data from Integer Research LTD. Their hand has recently been strengthened by speculation in the oil market pushing the price of crude oil to US $111 barrel.

Consumer Debt On The Rise
April 7th, 2008

Credit cards and payday loans can provide short-term convenience for some people, but consumers’ shift toward greater debt could have a long-term, negative impact on the U.S. economy, according to analysts.

The 2004 Survey of Consumer Finances showed that the percentage of families holding debt rose from more than 72 percent in 1989 to more than 76 percent in 2004. The median value of the debt more than doubled during that time, from $22,000 to more than $55,000, according to research analyst Kristie M. Engemann and economist Michael T. Owyang in the April issue of The Regional Economist.

Read More "Consumer Debt On The Rise" »

Small Business Lucrative For Financial Institutions
March 17th, 2008

Small businesses generate slightly over half of the nonfarm private gross domestic product in North America, according to an industry report.

The United States is home to more than 26 million small businesses, accounting for $9 trillion in revenues and over $2 trillion in assets. A new report from Packaged Facts, Financial Services for Small Businesses in the U.S., indicates that small businesses can produce up to $350 billion in financial service and product revenues annually, including almost $200 billion in banking and $137 billion in insurance premiums.

Small Business Association: Review, Reform Regulations
March 3rd, 2008

The U.S. Small Business Association, Office of Advocacy, recently announced the Top 10 Rules for Review and Reform.

“The strongest and most compelling cases made our Top 10 list of rules,” said Thomas M. Sullivan, Chief Counsel for Advocacy. “These rules, nominated by small business, need to be reviewed by federal agencies to determine if they are outdated, ineffective, duplicative, or overly complex. Streamlining and updating these regulations will help ease the disproportionate federal regulatory burden placed on small business.”

Grocery Manufacturers Call For Tighter Controls
February 18th, 2008

The Grocery Manufacturers Association recently unveiled its plan for improving control over food safety and food ingredients imported in the U.S.

The plan, “Commitment to Consumers: The Four Pillars of Food Safety,” is designed to protect consumers by strengthening, modernizing and improving food safety regulations on imports.

Biotech Supports FDA On Cloning
February 4th, 2008

A national biotechnology industry group is supporting the FDA in its recent report that cloned meats and milk meet food safety standards.

“BIO strongly supports the FDA’s risk assessment, which concludes that meat and milk products from animal clones and their offspring are safe for human consumption, and are no different from foods from livestock produced through other breeding methods,” said Jim Greenwood, president of CEO of the Biotechnology Industry Organization.

Late Credit Card Payments Continue Fall
January 21st, 2008

Credit card delinquencies continued to fall during the third quarter of 2007, according to the American Bankers Association’s Consumer Credit Delinquency Bulletin.

Late payments on credit cards fell 21 basis points to 4.18 percent of accounts in the third quarter (seasonally adjusted).

Grocery Sales Won't Pace With Inflation
January 7th, 2008

Growth rates for six retail formats are not expected to keep pace with inflation, according to The Food Institute. The formats include four grocery retail formats, convenience stores that sell gas and military outlets.

“This is a conservative estimate given that rising energy prices could push the inflation rate even higher,” said Jim Hertel, Senior Vice President of Willard Bishop, who prepared the report.

Workers Critical Of Wage Disparity
December 17th, 2007

Flight attendants across the commercial air travel industry are upset over the widening gap between their pay and executive compensation, according to House testimony.

“I cannot escape the conclusion that executives used the bankruptcy laws to enrich themselves at the expense of workers like me,” Flight Attendant Antoinette Muoneke explained in written testimony to the House Judiciary Submission on Commercial and Administrative Law.

Call Revenues Continue To Fall
December 3rd, 2007

Traditional call revenue is to continuing to decline, while mobile revenues are still growing, according to an industry report from TeleManagment Forum.

The report, “Growth Strategies: Getting the Balance Right,” highlights the need for service providers to pursue a mixture of short-term and long-term revenue growth strategies. The report combines key analysis of data gathered by the TM Forum Business Benchmarking Program with OSS Observer’s revenue and subscriber growth expectations through 2011.

Food Safety Action Plan Unveiled
November 19th, 2007

The Grocery Manufacturers Association recently unveiled “Commitment to Consumers: The Four Pillars of Food Safety,” a proposal designed to protect consumers by strengthening, modernizing, and improving the system governing the safety of food and food ingredients imported into the United States.

“Ensuring the United States has the safest food supply in the world is priority No. 1 for the food and beverage industry,” said Cal Dooley, president and CEO of the association.

“Because we cannot simply inspect our way to a safer food supply, industry can apply its vast knowledge and practical experience along the entire supply chain to prevent problems before they arise. And, under our proposal, a fortified FDA will be right there with us, side by side, to make sure we do it right,” he said.

Constructions Starts Continue Slide
November 5th, 2007

An industry giant predicts that construction starts will continue to decline in 2008.

McGraw-Hill Construction has predicted an overall decline of 8 percent in construction starts by the end of 2007, with another 2 percent drop forecasted for 2008, according to an article in Engineering News-Record.

The reality of the market is more dire than McGraw-Hill predicted only a year ago. The corporation had predicted that 2007 starts would drop only 1 percent, with the single-family home market weakening and other sectors, such as institutional work, remaining steady.

Mexican Truckers On U.S. Roads Questioned
October 22nd, 2007

Federal agencies and teamsters are butting heads on whether Mexican trucks should be allowed be travel within the United States, despite approval from the White House.

The Dept. of Transportation’s Office of Inspector General has questioned the safety of Mexican truckers and has ordered the truck to meet standards (as required by law) before operating on U.S. roadways.

The report was ignored, however, when the Federal Motor Carrier Safety Administration (FMCSA) granted permission for trucks from Transportes Olympic of Apodaco, Mexico to begin operating in the U.S. in September.

Retirees Planning To Purchase New Homes
October 1st, 2007

No longer are home buyers purchasing homes they plan on retiring in, meaning movement is certain in the real estate market, according to a real estate industry survey.

A recent survey of home buyers by Fulton Research & Consulting, Inc., showed that more than half of homeowners plan to move when they retire, meaning real estate executives can look to more market inventory.

“When you combine a high intent to move with the very large number of Baby Boomers in or approaching their retirement years, it means increased interest in active adult housing,” says Dan Fulton, president of Fulton Research.

Realtors Applaud FHA Reform
September 17th, 2007

Real estate executives are lauding President George Bush’s support for changes to loan refinancing through the Federal Housing Administration.

“The National Association of Realtors has been advocating regulatory changes to the FHA program to help families keep their homes in light of the decline of the subprime market and impending interest-rate adjustments,” according to the NAR Website.

In mid-August, President Bush signaled his support for such an effort in “making sure that financial institutions like the FHA have got flexibility to help these folks refinance their homes.”

U.S. Chamber Rebuilds America
September 3rd, 2007

A new initiative announced by the U.S. Chamber of Commerce will spur billions in infrastructure investments, meaning a boom for industrial construction executives and financial and banking executives looking to new investments.

“We’re rapidly running out of capacity, and it’s already costing us jobs, productivity, competitiveness, mobility, and most tragically, innocent American lives,” said chamber president and CEO Thomas J. Donohue. “We must begin now to build a modern and safe infrastructure system. The business community must lead the way to make this happen.”

Donohue announced that the chamber would organize, fund, and lead a multimillion-dollar initiative called “Let’s Rebuild America.”

Health Care Contractors Meeting Demands
August 20th, 2007

Fee-for-service health care contractors are meeting health care demands for Medicare providers, according to a national report providing valuable data to health care executives.

The Centers for Medicare & Medicaid Services recently announced that 85 percent of respondents in a survey of Medicare health care providers rated contractors between 4 and 6, with 6 being the highest, according to the Medicare Contractor Provider Satisfaction Survey.

The survey included more than 36,000 randomly selected providers, including physicians, suppliers, health care practitioners, hospices, federally qualified health centers, and institutional facilities that serve Medicare beneficiaries across the country.

The Motorist Choice Awards
August 6th, 2007

The Motorist Choice Awards for model year 2007 have chosen Toyota and GM as the year’s best vehicles, bringing good news to automotive executives.

The Motorist Choice Awards are conducted by PRIMEDIA’s IntelliChoice.com and AutoPacific. The Motorist Choice Awards recognize the vehicles that delivered both the highest customer satisfaction and the lowest cost of ownership.

Toyota scored winners in eight segments, including the overall winner – Lexus LS – while GM followed in second with five segment winners, including the Cadillac DTS and GMC Yukon XL.

Agricultural Loans Strong Financial Sector
July 16th, 2007

Agricultural success is closely linked to the financial services provided by the U.S. banking industry, total nearly $28.7 billion yearly.

The American Bankers Association reports that farm credit is on the rise with most of the economic boom coming from loans of under $100,000 to small farms, according to the “Farm Bank Performance” report produced by the association’s Center of Agricultural & Rural Banking.

“Thanks to the banking industry, rural Americans enjoy unlimited opportunities to finance their farms, ranches, businesses, and homes,” said John Blanchfield, director of the Center for Agricultural & Rural Banking. “Banks provide the broadest array of financial products and services to guarantee that rural Americans have access credit when they need it.”

Real Estate Industry Technology
July 2nd, 2007

The Real Estate industry has become increasingly dependent on technology, according to a new survey.

The National Association of Realtors reports that 50 percent of brokers, sales agents, associate brothers, and managers spent more than $1,000 on technology in 2006. Of that, 25 percent reported spending at least $2,000.

“Realtors have invested a lot of time and millions of dollars in building and improving real estate technology, and the demand for additional technology is high,” said Mark Lesswing, NAR senior vice president and chief technology officer.

Pharmaceutical Sales Practices Inefficient
June 18th, 2007

Pharmaceutical sales reps are spending more than 13 hours weekly on internal communications, causing sales executives to take notice and search for more efficient methods.

On average, pharmaceutical sales reps spend 13.7 hours managing e-mail, checking voicemail and talking on a cell phone, according to the research and consulting firm Best Practices, LLC.

About 32 percent (or 4.4 hours) is unnecessary communication, the survey states.

Technology Integration Critical To Banking Industry
June 4th, 2007

Corporate clients expect financial institutions to improve their integration technology services to meet their growing banking needs.

New research from TowerGroup finds that clients require solutions that allow them to select communications protocols, data formats, and security methods to best meet their own requirements and integration capabilities.

To meet these demands in a cost-effective manner, TowerGroup advises that banks must partner with technology providers offering deep expertise in business-to-bank (B2Bank) integration.

Small Business Big Player
May 21st, 2007

Small business generates 50 percent of the private, nonfarm GDP in the United States, according to the U.S. Small Business Administration.

“Small business plays a big role in our economy,” said Dr. Chad Moutray, Chief Economist for the Office of Advocacy. “This study confirms just how important small business is to our economic growth and prosperity.

“It makes clear that economic policy needs to take into account the needs of small businesses, because those businesses drive our economy,” Moutray said, advising executives across all sectors to take note of small businesses’ role.

Read More "Small Business Big Player" »

Doctors Bring Millions To Health Centers
May 7th, 2007

Cardiologists alone can generate millions in revenue annually, according to a new national survey of revenues generated for hospitals by doctors.

The survey, conducted by Merrit, Hawkins & Associations, states that a single, full-time invasive cardiologist generates $2.66 million annually for his or her affiliated hospital. A physician will generate about $1.5 million in net revenue for his or her affiliated hospital.

The survey asked hospital chief financial officers to quantify how much revenue a single physician in 17 specialties generated for their hospitals in the last 12 months. This included both net inpatient and outpatient revenue derived from patient referrals, tests, and procedures performed in the hospital.

Employer Initiative Aimed At Fighting Diabetes
April 30th, 2007

A national effort to combat diabetes and stem the rising tide of health care costs has executives at 31 corporations teaming up for the Diabetes Ten City Challenges.

The initiative, organized through the American Pharmacists Association Foundation, with support from GlaxoSmithKline, establishes a voluntary health benefit for employees, their dependents and retirees; provides incentives through waived co-pays for diabetes medications and supplies; and helps people manage their diabetes with help from a pharmacist coach in collaboration with physicians and diabetes educators.

“This is an important and exciting milestone for our program,” said foundation CEO William M. Ellis. “More than 1,000 people already are participating in this innovative employer-based diabetes management program.”

Mature Market Wields Spending Power
April 23rd, 2007

The stereotype of the blue-haired grandmothers rocking while knitting a sweater has been replaced an active “mature market” populace, and executives across the spectrum should take note.

The mature market has replaced the “senior citizen”, and is wielding its power to the tune of $1.6 trillion in spending according “The Mature Market in the U.S.” by Packaged Facts.

The market, which spans from the over 50 crowd well into the 90s, spends $1 trillion on goods and services alone, with Internet spending totaling about $7 billion annually, according to Packaged Facts.

Chamber: Tighten Aviation Control System
April 16th, 2007

The U.S. Chamber of Commerce recently called on Congress to transform and strengthen the nation’s aviation control system, which includes specific modernization initiatives and the funding needed to support them, as well as time frames for the FAA and other aviation stakeholders.

“The nation’s economy demands a safe, secure, and efficient aviation system,” said Janet Kavinoky, director of transportation infrastructure at the chamber. “The FAA proposal is a starting point for discussion on how to accelerate the modernization of America’s air traffic control system.”

U.S. Hotel Transactions Hot Market
April 9th, 2007

Private equity funds are fueling activity in the U.S. hotel transactions market, including for such well-known companies as Four Seasons and LaQuinta.

“The lingering question on investors’ minds is how to maximize yield in a capital-induced frenzy that continues in the face of lowered revenue growth expectations, increasing upward pressure on operating costs, and questionable exit expectations further out on the investment horizon,” said Scott Smith MAI, vice president in the Atlanta office of PKF Consulting, of the survey.

Vaccine Market Booming
April 2nd, 2007

The pharmaceutical industry is developing new vaccines to prevent or mitigate the effects of diseases across the globe, which will substantially boost market demand.

The worldwide vaccine market is expected to reach more than $10 billion in 2007, according to “Vaccines: The World Market,” a report from the medical market research firm Kalorama Information.

The report states that vaccines are being tested in several areas including for HIV, several forms of cancer, and other diseases including Epstein-Barr virus, Hepatitis C, and herpes.