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ICI » Topics » improve operational effectiveness

These excerpts taken from the ICI 6-K filed Mar 21, 2007.
improve operational effectiveness across the Group. The initiatives, started in 2006, bring a new focus on shared services and pan-ICI functional efficiencies. This includes transforming ICI’s IT infrastructure, Finance and Human Resource activities. Together with strong commercial management this should enable ICI to sustain good margins relative to appropriate industry peers.

Related key performance indicators
         
Title   Description   Comments
Top quartile profitability   ICI’s trading margins should be top quartile against a range of industry peers   Against industry benchmarks, deliver performance which positions ICI as one of the best in class. Against an average of industry peers ICI should expect to sustain upper quartile performance
Improved return on capital   Improve ROCE by on average 1.0% over the next four years to 2010, adjusting for the impact of acquisitions and divestments   Since 2003 ICI has made significant improvements in ROCE (1.8% per annum on average). With an increased focus on transforming the performance of ICI through investing in the growth opportunities and capabilities of the business, ROCE growth is expected to slow. As a result, our new goal will be to improve returns by on average 1.0% per annum

Underpinning these initiatives, ICI will develop a

improve operational effectiveness across the Group. The initiatives, started in 2006, bring a new focus on shared services and pan-ICI functional efficiencies. This includes transforming ICI’s IT infrastructure, Finance and Human Resource activities. Together with strong commercial management this should enable ICI to sustain good margins relative to appropriate industry peers.

EXCERPTS ON THIS PAGE:

6-K (2 sections)
Mar 21, 2007

RELATED TOPICS for ICI:

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