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Virgin Atlantic Airways pilots RFID tag project with Oracle and TCS     Oracle and Tata Consultancy Services (TCS) have began a radio frequency identification (RFID) pilot with Virgin     Atlantic to RFID tag critical parts used in aircraft maintenance and repairs at its Heathrow Airport warehouse in the     UK.    The pilot will use the RFID and sensor-based solution to manage the accurate     consignment, storage and dispatch of parts.    Virgin Atlantic Airways, a long-standing Oracle and TCS customer,     agreed to conduct the pilot in order to find a complete and easy way to implement the solution.

Watson Wyatt: Effective recruiting tied to stronger financial performance     Organizations with superior recruiting practices, such as filling jobs quickly, hiring their first-choice candidate and using employee referrals, financially outperform those with less effective programs, according to a new study by Watson Wyatt. The study also found that     pay-for-performance and stock-based compensation programs are associated with higher shareholder returns.    Watson Wyatt's Human Capital Index (HCI) study found that successful recruiting is a strong indicator of higher shareholder value. Companies that fill positions within     two weeks provided total return to shareholders (TRS) of 59 percent between 2002 and 2004 versus 11 percent at companies that required at least seven weeks to fill positions. Additionally, companies that typically fill a position after just one offer is made had a three-year TRS of 44     percent versus 32 percent for companies that typically have to make two or more offers to fill an opening.    "An organization's first opportunity to increase value is effective recruiting," said Paul Platten, global director of human capital consulting at Watson Wyatt. "Companies     that minimize the disruption and lost productivity caused by turnover create a significant advantage that allows them to outperform their competition financially."

Consultants' Forum Consulting or Investment Banking?     "Hi, everyone. I have an offer at graduate level from a Management Consultancy (CapG in CDC [Feb-start]) and an offer from (ABN AMRO in Sales and Trading). I was just wondering if     some people can elaborate which they think is the best career line and WHY. I know both fields are very high profile and desirable to most but how come you work     relatively the same number of hours in both and yet a career in IB normally offers twice (or even four folds) the remuneration of a career in a career in consultancy? How come a     higher proportion of MBA students prefer the consultancy line? What is the difference of what is offered after you burn-out in both careers and wish to leave? Which one gives     you better prospects?"    John P.    Visit Our Forum

Consultants' Blog Tirade against consultants shows no signs of letting up...     Oh dear, oh dear, oh dear.    A new set of figures about spend on external advisers is released by the UK government and in no time at all we've got national newspapers bemoaning the waste of taxpayers' money and the outrageous daily rates being paid to consulting     gurus.    Reading the latest Scotsman and Independent articles it's hard not to be equally appalled. Where's the balance in these pieces, the journalistic integrity? In one there's a quote from an MP outraged at the government spending £1,000 an hour on     consulting gurus. Sorry - £1,000 an hour? On which planet?!    In the other the £2,000+ daily rates of some consultants are compared with the "daily earnings" of other professionals. A top lawyer, for example, can expect to be paid £1,200 a day. The implication     being how can these consultants possibly be worth £2,000+? The only problem is the apples & pears nature of the comparison. The lawyer actually has take home pay of £1,200 a day, whereas the figure for consultants is their daily billing rate, only a fraction of which will     be their take home pay! But of course, that wouldn't fit the thrust of the article, which is to show consultants in the worst possible light. My take? Success breeds envy...

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