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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.