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The ambitious restructuring, however, is supposed to take place while the FCO suffers budget cuts of 10 per cent as its part of overall economies across Whitehall.
During his time as boss he undertook an ambitious restructuring plan, but Tesco's sales have suffered, squeezed by cheaper rivals such as Aldi and Lidl.
In 2005 the group decided to focus on mining, and embarked on an ambitious restructuring, which was well under way by the time Mrs Carroll took the reins.
Willumstad, who had been the board chairman, had formulated an ambitious restructuring and turnaround plan and was just beginning to implement it.
"I don't think [Geithner] has to make compromises before the process even begins". Officials had envisioned an ambitious restructuring of the agencies responsible for overseeing financial regulation.
Malaysia's economic crisis in the late 1990's delayed the ambitious restructuring plans, but in June Lotus completed the first year of its five-year business makeover.
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New York is halfway into the most ambitious utility restructuring plan on the continent.
Seeking to regain better control over its economic and financial destiny, the kingdom has designed an ambitious economic restructuring plan, spearheaded by its energetic new deputy crown prince, Mohammed bin Salman Al Saud.
He has lifted some of the more onerous social restrictions, including allowing women to drive; reduced the long-stifling power of ultraconservative clerics and the notorious religious police; and laid out an ambitious economic restructuring plan to turn the kingdom away from its dependence on oil exports.
Following the 2002 deregulation of wholesale and retail electricity markets in the U.S. state of Texas, TXU embarked on an ambitious risk-return restructuring program that relied on sophisticated risk-management tools to quantify its risk capacity.
The analysis demonstrates how the new professional leaders at first acted in accordance with the intentions of the hospital reform, but soon chose to avoid the more ambitious plans for restructuring the hospital structure and in fact reintroduced local politics into the decision-making process.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com