Cemex 2012 Annual Report Download - page 11

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management. They are now using such key metrics
as cash value added (CVA) and return on capital
employed (ROCE) to make better day-to-day decisions
and to optimize asset utilization for our company. We
also redrew our compensation system, so our manag-
ers are rewarded for the variables they control and
the value they create.
We are fully committed to preparing the leaders
who will successfully guide our organization now
and into the future. During 2012, we launched two
new programs: Achieve and Leader to Leader. These
programs reflect our approach to leadership develop-
ment, which is based on three clear principles: leaders
developing leaders; leaders developing in the context
of real work; and leaders making successful career
transitions. The first of these two programs, Achieve,
was delivered to 60 top-tier managers and newly
appointed directors from our worldwide operations.
The primary objective of this program is to provide
these senior executives with the chance to realize and
improve their leadership fundamentals. The Leader to
Leader program assembles a highly selective group of
leaders—who are already recognized for demonstrat-
ing many of the desired characteristics of leadership
at CEMEX—and provides them with the unique op-
portunity to deepen their own leadership expertise by
developing specific skills mentoring Achieve partici-
pants. Through these programs, among other initia-
tives, we are strengthening the leadership capabilities
of our most important asset, our people.
1billion
expected savings in US dollars from IBM
agreement during the life of the contract
We reached a 10-year strategic agree-
ment with IBM to deliver world-class IT
and back-oce business process services
to our company.
Along with these initiatives, we reached a 10-year
strategic agreement with IBM to deliver world-class
IT and back-oce business process services to our
company. A major milestone in our transformation
process, this agreement will help to ensure our contin-
ued strength and competitive advantage in the global
building materials industry. It will enable us to fully
focus on our core businesses, respond more quickly to
changing market needs, and serve our customers with
greater speed, precision, and quality. Additionally, we
will gain state-of-the-art practices and systems from
IBM. Leveraging their worldwide expertise, we expect
to generate savings of approximately US$1 billion
during the life of the contract.
Furthermore, we completed the successful integration
of the most advanced enterprise platform based on
SAP. The deployment was achieved in just 18 months
and at a fraction of the cost compared to industry
standards. Given the increasingly complex operating
environment of the global building materials industry,
we adopted the best technology available, which is
scalable, customizable, and rapidly adaptable to ever-
changing market conditions. Ultimately, this simpler,
faster, and more flexible business platform makes our
internal processes more ecient, improves our cus-
tomer service, and enhances our competitiveness.
®
11
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