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DiamondCluster International elect a new CEO
 
 As part of a planned
succession,
DiamondCluster
International’s Board of
Directors has elected
Adam Gutstein, 42, to
succeed current CEO Mel
Bergstein, 63, when he
steps down next year.
   The Board also has
elected Jay Norman, 47,
to become President and
Chief Operating Officer.
   As previously		 
 announced, firm
co-founder Bergstein
will step down as CEO on
April 1, 2006, but
remain chairman of The
Board and will focus his
attention on senior
client relationships,
recruiting and
mentoring.
   Gutstein currently is
the President of
DiamondCluster
International and also		 
 Managing Director of the
firm's European, Middle
East and Latin American
operations. As CEO he
will be responsible for
the strategic direction
of the firm, including
emerging market
strategy, marketing and
branding, investor
relations, corporate
development, and will
continue in his senior
client relationship		 
 role.
   Norman is currently
the Managing Director of
the firm's North
American and UK
practice. As President
and COO, he will focus
on global practice
management, lead the
industry and geographic
practices, and have
overall profit and loss
responsibility.
   William McClayton		 
 will remain Chief
Administrative Officer,
with responsibility for
finance, legal, human
resources, regulatory
compliance and
information technology,
and continue in his
senior advisory role. 		 
 
Brand becomes primary battleground as retail and consumer goods companies are hit by increased competition
 
 To be competitive,
retailers and their
suppliers will need to
create brands that
strike a lifestyle
chord, continuously
revitalise the product
line, and lower supply
chain costs – so
concludes Courting the
Consumer, a report by		 
 the Economist
Intelligence Unit.
   The report, sponsored
by Information
Resources, Inc. based on
a global survey of 123
executives in the retail
and consumer packaged
goods (CPG) industries,
concludes that retailers
and CPG manufacturers		 
 must collaborate in
order to meet their
customers’ rising
expectations.
   The survey indicates
that consumer goods
manufacturers and
retailers will focus on
three inter-related
growth strategies.
First, they will		 
 increase their marketing
investment to strengthen
key brands. Second, they
will introduce frequent
new products that
reinforce and extend the
brand, as well as
respond to the
accelerating pace of
change in consumer
demand. Finally, they		 
 will reduce cost in
order to fund the
investment needed for
brand-branding and new
product development, as
well as to respond to
heightened competition
from discounters.
   		 
 
Watson Wyatt establishes Las Vegas office
 
 Watson Wyatt Worldwide
said it has opened a
consulting office in Las
Vegas to support the
firm's expanding
business activities in		 
 the region.
   "We are very excited
about establishing a
presence in Las Vegas,"
said Eric Brash,
managing consultant for		 
 Watson Wyatt's Southwest
region. "The new office
will strengthen our
ability to provide the
highest level of service
to our existing clients		 
 in the Nevada market and
will also help us to
build new client
relationships."
   Pete Guzman, who has
been advising employers		 
 on human capital issues
for more than 15 years,
will serve as account
manager for the office.		 
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