Cendant Corporation Engages Conversion Services International, Inc. and DeLeeuw Associates, LLC for Lean Six Sigma Program
May 12 2004 - 9:30AM
PR Newswire (US)
Cendant Corporation Engages Conversion Services International, Inc.
and DeLeeuw Associates, LLC for Lean Six Sigma Program EAST
HANOVER, N.J., May 12 /PRNewswire-FirstCall/ -- Conversion Services
International, Inc. (CSI - The Center for Data Warehousing)
(BULLETIN BOARD: CSII) announced today that Cendant Corporation's
Timeshare Resort Group has engaged CSI's wholly owned subsidiary,
DeLeeuw Associates, LLC, to conduct the roll-out of a Lean Six
Sigma SM program for their organization. Cendant Corporation is
among the world's leading franchisers of real estate brokerage
offices, hotels, rental car agencies and tax preparation services.
Cendant is also a provider of outsourcing solutions to its business
partners including mortgage origination, employee relocation,
customer loyalty programs and vacation exchange services. Steve
Holmes, Chairman of Cendant's Hospitality Services Division, made
the decision to bring in DeLeeuw Associates and their partner, The
George Group, to his Timeshare Resort Group after attending a Lean
Six Sigma Roundtable in New York last December. "In looking for a
way to galvanize the execution of projects in my organization, I
was impressed by the unique capabilities of DeLeeuw Associates to
offer Lean Six Sigma solutions for service organizations in an
unparalleled way. Lean Six Sigma is all about obtaining immediate
results to heighten performance. Through my personal participation
in the executive launch and project selection process, I witnessed
the power of aligning our most critical initiatives with our
overall strategy and customer focus." Neil Aaronson, senior vice
president of Cendant Corporation, and champion of the Lean Six
Sigma for the Timeshare Resort Group, stated, "At the heart of
Cendant's Timeshare Resort Group's continuous improvement
initiative is the establishment of process ownership and
accountability. Lean Six Sigma accomplishes this by actively
engaging managers, process owners, key stakeholders and enablers as
project sponsors. It is my belief that DeLeeuw Associates has
brought significant value by combining on-site executive and
sponsor training as well as exceptional coaching skills to support
the first wave of Lean Six Sigma projects. In a short period of
time, we have translated strategic plans into well defined
actionable projects." "The DeLeeuw Associates approach to helping
companies roll-out Lean Six Sigma is the only methodology that
integrates the best practices of Lean, which addresses process
speed, and Six Sigma, which addresses process quality," said Bryan
Carey, Practice Leader of Lean Six Sigma for DeLeeuw Associates.
"It is our belief that speed and quality are two sides of the same
coin. That is why our passion is helping companies implement Lean
Six Sigma. Cendant's Timeshare Resort Group will continue to be
world class because of both." About Conversion Services
International, Inc. Conversion Services International, Inc. (CSI -
The Center for Data Warehousing) is a leading provider of a new
category of professional services that embraces IT management
consulting, data warehousing, business intelligence consulting and
e-Business solutions. CSI offers an array of products and services
to help companies define, develop and implement the warehousing and
strategic use of both enterprise-wide and specific categories of
strategic data. CSI's current customers include Verizon Wireless,
Morgan Stanley, Pfizer, Goldman Sachs, Merck and Standard &
Poor's. Information about CSI - The Center for Data Warehousing can
be found on the web at http://www.csiwhq.com/ or by calling its
corporate headquarters at 888-CSI-5306. About DeLeeuw Associates,
LLC DeLeeuw Associates, LLC, a wholly owned subsidiary of
Conversion Services International, Inc. (CSI - The Center For Data
Warehousing) (OTC Bulletin Board: CSII.OB), is a management
consulting firm specializing in integration, reengineering and
project management for financial services firms. Their associates
have significant experience delivering value in large-scale, fast-
paced projects within all financial services sectors and functional
areas. DeLeeuw has managed and supported some of the largest merger
projects in the history of the financial services industry.
DeLeeuw's Lean and Six Sigma practice provides its clients with
rapid, quality results, leveraging Lean to combine process speed
and deployment benefits with increased customer satisfaction,
reduced costs and improved revenues and profits. Their clients
include Bank of America, Bank One, and Cendant. Note on
Forward-Looking Statements Statements contained in this press
release, which are not historical facts, are forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based largely on current expectations and are subject to a number
of known and unknown risks, uncertainties and other factors beyond
our control that could cause actual events and results to differ
materially from these statements. These statements are not
guarantees of future performance, and readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as of the date of this release. CSI undertakes no
obligation to update publicly any forward-looking statements.
DATASOURCE: Conversion Services International, Inc. CONTACT:
Mitchell Peipert, Vice President and Chief Financial Officer of
Conversion Services International, Inc., +1-973-560-9400, ext.
2088, or Web Site: http://www.csiwhq.com/
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