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Roundup Ready - Monsanto

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GROWING OPTIONS: THE ROAD AHEAD<br />

LIVING THE PLEDGE<br />

INSIDE MONSANTO<br />

The values of the <strong>Monsanto</strong> Pledge radiate<br />

inward as well as outward. While the Pledge<br />

commitments clearly serve to guide <strong>Monsanto</strong><br />

in its public behavior, they also provide the<br />

framework for interactions between the<br />

company and its employees and among<br />

individual employees.<br />

Respect is fundamental to the company’s<br />

commitments to its people. It shows up in<br />

communication, training, development,<br />

safety, and many other programs. Dialogue<br />

<strong>Monsanto</strong> Pledge Award Winner<br />

<strong>Monsanto</strong> Brazil: Fourth Consecutive<br />

Year Among Best Companies to Work<br />

for in Brazil<br />

facilitates two-way communication within<br />

the company. Managers need to understand<br />

what motivates or concerns their people.<br />

Transparency requires that information<br />

be made available, accessible, and understandable<br />

to all employees.<br />

Two elements of the Pledge, Taking Ownership<br />

for Results, and Creating a Great Place to<br />

Work, guide the company and its people<br />

to create the best possible workplace<br />

environment that will contribute to the<br />

company’s success. These two elements are<br />

about valuing each other, allowing people to<br />

contribute to their full potential, rewarding good<br />

work, providing fulfilling work, and having fun.<br />

Even in 2003, when <strong>Monsanto</strong> was in the midst of an important business turnaround with a workforce downsizing<br />

of approximately 11 percent, Great Places to Work Institute and Exame magazine selected <strong>Monsanto</strong> one of the<br />

“Best Companies to Work for in Brazil.” It is <strong>Monsanto</strong> Brazil’s fourth consecutive year on the list.<br />

Great Places to Work Institute is a private consulting company that also ranks employers in the United States for<br />

Fortune magazine. <strong>Monsanto</strong> Brazil was selected by its own employees in a competition with 411 other companies<br />

that submitted applications. <strong>Monsanto</strong> joins only 22 other companies that have received the award for four<br />

consecutive years.<br />

The award was especially significant in 2003, as the business reorganization that began in 2002 led to the<br />

elimination of some jobs. Despite this, strong local company programs have improved credibility, kept employees<br />

motivated, and helped them achieve excellent bottom-line results. Some examples of these programs are an<br />

annual people-leaders meeting, where all managers meet to improve integration, teamwork, development, and<br />

friendship; an employee leisure program with discounted tickets to movies, parks, theatres, museums, and<br />

cultural events; a family day that brings families and children to <strong>Monsanto</strong> offices and sites; the Rapid Recognition<br />

Program, which brings attention to people who do outstanding work; programs that promote health and wellness;<br />

and community involvement activities.<br />

In addition, <strong>Monsanto</strong> Brazil has been creating a great place to work and building a winning environment through<br />

highly-competitive compensation and benefits packages and other programs that have been recognized by its own<br />

employees as world-class. The company has also reinforced an internal climate of equity and fairness.

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