Aon Consulting, the human capital consulting organization of Aon Corporation (NYSE: AOC), today announced that a subsidiary, Aon Management Consulting/Rath & Strong, was awarded the Vice Commander's Coin by Maj. Gen. Arthur J. Rooney, Vice Commander of Electronic Systems Center (ESC) at Hanscom Air Force Base. The award acknowledges the Aon Management Consulting/Rath & Strong Lean system, which is designed to create greater efficiencies. Harvey Dershin, senior vice president, Aon/Rath & Strong, accepted the award on behalf of the organization.
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Rooney awards these prized coins that commemorate ESC as the birthplace of "Command and Control" in honor of outstanding performance and excellence. At the awards ceremony, Rooney stated:
The superb contribution Aon Management Consulting/Rath&Strong has been making to training our airman, officers and civilian personnel is critical to our mission. The results of these Lean efforts are already helping the Electronic Systems Center to significantly reduce our costs and to improve our performance. Thank you for a job very well done.
The Air Force, as part of its Smart Operations for the 21st Century, is working with Aon/Rath & Strong and its Lean system to strip out waste from critical processes, allowing for significant time and cost savings. As part of this effort, Aon/Rath & Strong, in partnership with the University of Massachusetts Donahue Institute, led a series of Lean Rapid Improvement Events at Hanscom Air Force Base, which resulted in greater cost savings. Additional projects currently underway are designed to reduce process time in staffing and should result in an immediate savings for the Air Force of millions of dollars.
"We are certainly proud of the work Aon Management Consulting/Rath & Strong does on behalf of the Air Force," said Dan Quinn, chief executive officer and president of Aon Management Consulting/Rath & Strong. "The bottom line is that we achieve results with our clients, not just for today, but so that they can independently carry forward the benefits of their work with us. That's the true measure of success. Aon/Rath & Strong is delighted to receive this recognition from the U.S. Air Force."
For more information, contact: Joe Micucci, Aon Consulting, 312-381-4786, joe_micucci@aon.com. About Aon
Aon Corporation ( http://www.aon.com/ ) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 46,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.
Aon Consulting is among the top global human resources consulting firms, with 2005 revenues of $1.255 billion and 7,000 professionals in 120 offices throughout the world. Aon Consulting delivers integrated consulting solutions to help clients with employee benefits, human resources outsourcing, compensation, communication and management consulting.
About Aon Management Consulting/Rath & Strong
Now celebrating more than 70 years of pioneering innovations in process improvement methodologies and tools, Aon/Rath & Strong is the leading global provider of Lean Six Sigma and Six Sigma Solutions. Aon/Rath & Strong has been the consultant of choice bringing an integrated portfolio of process improvement and operations consulting services to clients such as General Electric, Johnson & Johnson, British Petroleum, Northrup Grumman, Pfizer, ABN AMRO, JP Morgan/Chase and Siemens. The organization provides consulting, coaching, training, and implementation in Lean Six Sigma, Six Sigma, and Lean as well as in leadership, change management, customer loyalty, performance improvement, and innovation. Drawing from expertise in both the technical and behavioral areas, Aon Management Consulting/Rath & Strong helps companies worldwide achieve change that lasts.
For more information on Rath & Strong's Lean Six Sigma, Six Sigma and Lean consulting and training please visit our website at http://www.rathstrong.com/ .
This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to execute the stock repurchase program, our ability to execute the planned sale of the Aon Warranty Group, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, and ERISA class actions, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission.
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SOURCE: Aon Corporation
CONTACT: Joe Micucci of Aon Consulting, +1-312-381-4786,
joe_micucci@aon.com
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