| Forward Objectives |
- Restoration of Group remuneration policy after three year pay freeze
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Effective April 2011 |
- Selective turnover growth
- Leverage Global sales force (China and USA)
- Further develop key market sectors (automotive and electronics for example)
- Continue to push on profitable niches
- Branded Products
- TR Direct (transactional)
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- Gross margin improvement
- Correct pricing of contracts
- Efficient sourcing (purchase & sales)
- Operational efficiencies
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- Continued control of overheads and working capital
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- EBITDA target of 8% by 2012/13
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Continuous development of ‘Brand TR’ both in traditional and digital marketing platforms to support the global network |
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- Investment in people
- Dedicated staff HR IT system being rolled out
- Staff Development & Training programmes
- Development of ‘Succession’ planning for key personnel across the network
- Add value through online resource and professional and technical support 24/7
Retaining key skills through targeted programmes Succession planning module review underway by the Board |
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