Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Diebold Announces Realignment Plan
NORTH CANTON, Ohio (5/1/13)--ATM manufacturer Diebold Inc., a CUNA Strategic Services provider, announced a multi-year global realignment plan.

Diebold is moving toward a more centralized management structure to drive swift action and clear accountability across its global operations, the company said. As part of the new structure, it identified four long-term transformation initiatives to deliver savings during the multi-year realignment program. They include:

  • Globalizing the company's service organization and processes to align with the increasingly global and more complex nature of the business;
  • Creating a unified, center-led global organization for research and development;
  • Transforming the company's general and administrative cost structure by increasing the use of existing shared-services centers in low-cost regions, instituting common processes and leveraging industry best practices across the company; and
  • Focusing on commercial effectiveness.
The initiatives are expected to improve cash flow and generate the investment capacity required to execute growth strategies, Diebold said. Additional investments from savings will also be made in research and development--to speed new solutions to market--as well as infrastructure improvements such as information technology systems, to accelerate transformation, improve capabilities and reduce costs, the company added.
RSS





print
News Now LiveWire
RT @cumagazine: Make a good impression during your #CUNAGAC Hill visits: 8 tips http://t.co/C4gtRbQG2s
39 minutes ago
Taking a walkthrough before #CUNAGAC starts this weekend. http://t.co/k9hktHjm9b
1 hour ago
There will be lots of social media action at 2015 #CUNAGAC that starts in D.C. this Sunday. http://t.co/vyP4XbtFbk
1 hour ago
.@AACUC1 is part of a group of credit union organizations to introduce a new mentor program for small credit unions http://t.co/2vFE45ZnEW
1 hour ago
Perk up after Daylight Saving switch Sunday with #WescomKindness from @TheCoffeeBean @Liz_Wescom
2 hours ago