Reinvention has been the key to
the survival — and success —of
The Ascher Group.
>>>Founded in 1981, the company
began as an executive search firm in
the midst of a sharp recession. Ten
years later, during another recession,
The Ascher Group switched gears in
response to layoffs that decimated the
ranks of human resource professionals.
>>>Susan Ascher, the company’s
chief executive officer, realized that
businesses would still need people
to perform human resources functions.
So, she retooled her firm to
provide contract HR professionals
to companies large and small.
>>>Today, contract professionals
have become a staple of the corporate
workplace, and Ascher is a leading
player. Key to the company’s growth
has been its team atmosphere. Its
small staff allows co-workers and
managers to remain in close contact.
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The last few years also have
thrown a fair share of challenges at
The Ascher Group. The terrorist
attacks of Sept. 11, 2001, and the economic
slowdown that followed tested
the firm’s agility and the loyalty of its
long-term customers.
>>>In 2003, The Ascher Group
weathered an internal threat to stability
and, after losing three key executives,
emerged in stronger shape.
The firm’s revenue grew more
than 50 percent between 2003 and
2005.
>>>In addition to her position at the
firm, Ascher has been involved in
several nonprofits, holding leadership
roles in Mountainside Hospital
and Spence-Chapin Family Services,
among other groups.
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