| |
TruServ
Corporation
"In a dynamic and highly competitive
environment, providing continuous educational experiences and
learning how to manage knowledge is crucial to success. Success
in today’s global economy requires that learning and development
experiences extend beyond your own employees to customers and
other key members of your value chain. Forming a community of
learning partners can become a competitive advantage.”
- Pamela Forbes Lieberman, President & CEO
Merging two major organizations places a challenge on the organizations
to blend cultures and learning initiatives to ensure all the
stakeholders are on the same field. When True Value Corporation
and Servistar Coast to Coast merged in 1997, they formed one
of the world’s largest member-owned hardware and home
improvement cooperatives. TruServ now employs 3,659 people in
the US, including 600 at its Chicago headquarters and serves
more than 7,000 retail stores across the US and in 65 countries
worldwide.
To accommodate the necessary culture shift, foster a single
company identity, and meet key business strategies, TruServ
leadership restructured its education and training infrastructure.
It launched True Value University (TVU)- a one-stop training
and development center that centralizes its learning activities,
manages its generous tuition reimbursement program, and offers
a wide variety of customized, onsite trainings in technical
and business areas, management development, interpersonal skills,
and communication. To accomplish its key business strategies,
TVU designed and implemented several enterprise-wide educational
campaigns for its employees, retail store staff and vendors.
The educational campaigns benefited all three groups by helping
them acquire the necessary skills and knowledge to operate its
new inventory system and to develop a common language to understand
each other’s perspectives, regional purchasing differences
and vendor production schedules.
The success of using learning to achieve business goals and
develop a shared culture is underscored by measurements taken
by TVU, asking participants how training has impacted their
businesses, observing store trends such as pre- and post-training
sales figures, and documenting if store owners re-merchandize
their stores following training sessions. The results suggest
that the emphasis on using learning to forge a shared corporate
identity and processes has paid off: in three years since the
merger, inventory has been reduced by $300 million, and transportation
is more efficient with 200 fewer trucks on the road. This creation
of a new, merged corporate culture that embraces shared technology,
such as inventory management, earned TruServ the coveted Information
Technology Award from CIO Magazine in 2001.
Click
here to view full case study. The information presented here was assembled in 2002.
This does not necessarily represent the current status
of TruServ.
|

|