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
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
15 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
16 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
18 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
18 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
18 hours ago