DGAP-News: IMMOFINANZ AG: IMMOFINANZ Group wins at the European Change Communication Awards 2010
(firmenpresse) - IMMOFINANZ AG / Key word(s): Miscellaneous
23.11.2010 09:35
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IMMOFINANZ Group wins at the European Change Communication Awards 2010
At this year's European Change Communication Awards in Klessheim near
Salzburg, the IMMOFINANZ Group won second prize in the category for
companies with up to 500 employees. The IMMOFINANZ Group change process -
which was entitled 'A company reinvents itself' - was chosen from 52
European nominees.
The change process began in autumn 2008 after the first reports on
IMMOFINANZ appeared in the media and the need for massive restructuring
became clear. Measures were launched immediately by a change communication
team, which was responsible for minimising employee turnover and supporting
the creation of new internal departments in order to quickly establish a
new corporate culture.
The tremendous damage to the company's image within an extremely short
period of time presented the entire staff with a major challenge. The
overriding goal was to build a firm foundation for orientation and
stability to support the installation of transparent processes throughout
the company. Different infrastructures were also required, whereby their
development was based on a new strategy, a modified business model, a
common vision, clear hierarchy levels and an internal control system to
monitor business processes. Activities also included the design and
implementation of personnel policies with effective training programmes and
optimised recruiting procedures as well as a transparent organisational
structure and defined compensation ranges.
An additional challenge for the change process was the need to replace the
HR, IT and back office structures.
The change communication team was headed by Daniel Riedl, member of the
Executive Board of the IMMOFINANZ Group, and also included Martina Wimmer,
Head of Human Resources, Karin Kernmayer, Head of Marketing, and external
consultants. The success of their efforts demonstrated in an impressive
manner that the IMMOFINANZ Group is a stable, functioning and profitable
company.
Daniel Riedl, member of the Executive Board of the IMMOFINANZ Group, on
this prize: 'I would like to congratulate each and every one of our
employees - this award is the result of very hard work. Without their
personal commitment and determination, we would never have been able to
master this change process in such a short period of time. The result is a
restructured and profitable company with a focus on the future.'
Contact:
Margit Hermentin
Head of Investor Relations&Corporate Communications
IMMOFINANZ AG
A-1120 Vienna, Gaudenzdorfer Gürtel 67
Tel.: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290
m.hermentin(at)immofinanz.com
www.immofinanz.com
Press-Coordination:
Hieronymus Tupay
ACCEDO Austria GmbH
Tel.: +43 1 533 87 00 - 23
Hieronymus.Tupay(at)accedogroup.com
23.11.2010 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: IMMOFINANZ AGGaudenzdorfer Gürtel 67
A-1120 WienÖsterreich
Phone: +43 (0) 5 7111 - 2290
Fax: +43 (0) 5 7111 - 8290
E-mail: investor(at)immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in München, Berlin, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien (Amtlicher Handel /
Official Market)
End of Announcement DGAP News-Service
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Bereitgestellt von Benutzer: EquityStory
Datum: 23.11.2010 - 09:35 Uhr
Sprache: Deutsch
News-ID 32701
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