A PIP team started with us on December 8 and by December 18 we had: committed $263m of improvements to the Board; completed a strategic review of the asset base and made a number of key recommendations; implemented a framework of capturing and tracking ongoing improvements and immediately set about delivering cash-flow improvements. Within the 100 days that followed, we have doubled the value of the improvement pipeline, and most importantly we have delivered in excess of 140% of our original commitment in bottom-line cash flow. By adopting the PIP pipeline management process and embedding PIP specialists into key areas of the business, PIP ha[s] enabled us to harness our efforts on the right actions, at the right time, and deliver rapid results.JASON WHITTL
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