Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

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
Reminder: @TheNCUA's Listening Session tomorrow in Chicago. Capacity crowd expected for meeting at 1 p.m. CT. http://t.co/FYYuoHCdVJ
10 hours ago
Mortgage apps up 1.9% in @MBAMortgage's weekly survey http://t.co/QBzKWdnRkH
11 hours ago
Manage your household budget with these 5 @SavvyMoney tips from @MCUA_news's Halley Abbott on @FOX2now http://t.co/qaXIbnNktt
12 hours ago
Wash state's marijuana market open but still short of FIs to serve it via @NWCUA http://t.co/qwxCVEZbPG
12 hours ago
.@AnheuserBuschCU, @ScottCU, @betterwaytobank, @FirstCommSTL on @stltoday's best workplaces list http://t.co/8yR4GcZkya.
13 hours ago