that positively channels your energy‚ drive and ambition… There is no substitute for fueling the human spirit and no greater reward than celebrating the triumphs of the team.” – Christina Gold June 11‚ 2009‚ during her commencement address to the Carleton Class of 2009.(I) Female Executives Family Christina Gold was born September 12‚ 1947 in the Netherlands. Her family moved to Montreal‚ Canada when she was five years old. She is the middle child of three. She has a sister named Patty
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Christina Gold‚ Leading Change at Western Union The organizational structure of the Western Union initially centered on America before its restructure by Christina Gold. The Union has goals that it needs to meet‚ such as the need to increase the amount of sales‚ which are hard to achieve with an all-American structure. The first reason to restructure the union is in order for it to expand its services globally. To meet the needs of the customers‚ structures have to be in place within regions
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Christina Gold Case Study Why was the restructuring needed at Western Union – or wasn’t it? Western Union at the time when Christina Gold had in intention to restructure‚ was a structure pure American – Centric with the main operations managed from US. This structure will not be efficient and will not respond to the goals of growth of Western Union. The trend for growth showed in 2002‚ when Western Union reported sales of $3‚2billion and eighty percent increase compare with the prior
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Christina Gold Leading Change in Western Union Challa Fletcher March 13‚ 2012 GM504-01N: Organizational Excellence & Change Professor Rogerson Unit 1 Case Analysis Christian Gold is met with some opposition as she works to define Western Union’s global placement. The new president of Western Union points out that Western Union International‚ a single entity responsible for all of Western Union’s international organizational operations‚ was not sufficient enough to meet the
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In May 2002‚ Christina Gold joined Western Union as the chief executive officer. In early 2003‚ Gold has started implementing a new organizational structure‚ the aim of the restructure is to unify the company’s U.S operations with its international division. Instead of having a U.S. centric product line‚ it will change to a regional structure with three main division: Asia-Pacific‚ Europe‚ Africa‚ the Middle East and South Asia; and the Americas. Gold has also made it clear to the employees that
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May 3‚ 2011 Western Union in 2008: Send Me The Money! Western Union in 2008: Send Me The Money! Current Situation Summary Western Union was founded in 1851 and started its history as a telegraph and wire services company. In 2006‚ Western Union discontinued its telegraph service and focused exclusively on money transfers (Pearce & Robinson‚ 2011). Jorge Ochoa‚ Vice President of Finance and Raul Duany‚ Director of Corporate Communication joined The Western Union Company (WU) in November
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OVERVIEW Catalyst Western Union was established as a telegraph company in the mid-19th century‚ and began money transfer operations in 1871. Its telegram and business communication services ceased in 2006‚ but by this time the money transfer business had long been Western Union’s main revenue source. After at least a decade of continuous profitability‚ Western Union has long been a leading telecommunications company. The company is currently a leading player in the global cross-border money transfer
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Western Union This essay is about a company that has been growing for more than 160 years. They started its history as a telegraph and wire services company. Western Union is a company that was founded in the United States of America as New York and Mississippi Valley Printing Telegraph Company in 1851. They offer an array of financial services‚ including money transfer‚ prepaid services‚ and services for businesses. They serve customers online‚ by phone and from 510‚000 Agent Locations worldwide
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Western Union is the worldwide money transfer leader. It attained reputation by providing consumers with fast and convenient ways to send and receive money all around the world. As an aggressive company‚ Western Union’s strategy is to focus on growing its global consumer and payment business. In order to accomplish its global objectives‚ Christina Gold‚ the CEO of Western Union‚ had begun implementing a new organization structure. This new structure is expected to help company’s expansion and fit
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Union Pacific has designed its Performance Management process to ensure employees have a clear understanding of what is expected of them‚ how their work links to Union Pacific’s business goals‚ and how the employee will be measured. Union Pacific refers to its Performance Management system as the Total Performance Tracker (TPT). An employee’s supervisor/team lead prepares the annual and mid-year TPT. Union Pacific assigns ratings at the year ending TPT
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