Q. How would the new organisational structure at CNH Industrial work?
A. The new organisational structure is simpler and strengthens our five global segments – Agriculture, Construction, Commercial and Specialty Vehicles, Powertrain, and Financial Services. Each segment is fully responsible for the global growth and performance of its business, which gives us more focus and accountability. The new set-up brings the businesses closer to the customer and facilitates a faster decision-making process. By regrouping trucks, buses, coaches, off-road and quarry vehicles together with firefighting, protection and civil defence vehicles under one roof, we will be able to boost the drive on internal synergies and empower the brand. Supported by streamlined global functions, the five operating segments will help to focus on core company tasks such as strategies, emerging technologies, systems and processes, and supply chain. They have the task to support the segments to enable faster decision-making. They will also guarantee adequate synergies inside the organisation. With the new setup, we aim to become more customer-centric. We aim to enhance focus on our five operating segments. We aim to be more entrepreneurial and reduce complexity. Apart from empowering the five operating segments, we are aiming at a leaner and more agile operation that is simpler; has more streamlined decision making processes, and is more innovative and faster.
Q. What changes does this new organisation involve? How will it benefit IVECO customers?
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