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AWB Limited - 2003 Annual Report

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our people and systems<br />

People<br />

<strong>AWB</strong> employs over 2,500 people (including 1,950 at Landmark),<br />

based in offices in Australia and around the world. <strong>AWB</strong> is<br />

committed to positioning itself as an employer of choice, and<br />

regards engagement of staff as critical to meeting the company’s<br />

objectives. <strong>AWB</strong> has continued to develop its talent and succession<br />

management framework to ensure the business has the leadership<br />

strength to achieve its long term strategic objectives.<br />

A new operating structure for the company was implemented in<br />

order to meet <strong>AWB</strong>’s credit rating objectives. As part of this<br />

process, all employees were asked to transfer across to a new<br />

subsidiary, <strong>AWB</strong> Services <strong>Limited</strong>, with no change to their<br />

entitlements, benefits and terms and conditions. All staff agreed to<br />

the transfer on 1 October <strong>2003</strong>.<br />

During the year, <strong>AWB</strong> installed a revised Safety Management<br />

System, involving implementation of an occupational health and<br />

safety Environmental Risk Register to help track risk information<br />

and company risk profile at an overall and divisional level.<br />

<strong>AWB</strong> also successfully negotiated the simplification of an award for<br />

non-executive employees, providing the company with a simple and<br />

reliable platform for the management of employment terms and<br />

conditions, and help position itself as an employer of choice.<br />

Under its structured Employee Ownership Plan, <strong>AWB</strong> made an<br />

offer of shares to staff in December 2002, which was well received<br />

and accepted by a high percentage of employees. In all, more than<br />

85% of <strong>AWB</strong> employees (excluding Landmark employees) now<br />

own shares in the company by participating in one or more of <strong>AWB</strong><br />

share offers, fostering a high level of staff investment and<br />

ownership in the company.<br />

Systems<br />

<strong>AWB</strong> has continued to focus on system development, and the<br />

improvement of internal work practices and procedures. Leveraging<br />

off last year’s successful introduction of the new SAP Enterprise<br />

Management System, <strong>AWB</strong> now has the ability to process larger<br />

information volumes, with better position management and<br />

inventory controls.<br />

<strong>AWB</strong> has specifically focussed on the development of systems to<br />

meet continually evolving corporate governance requirements. It<br />

has established a central management system for corporate<br />

governance, ensuring <strong>AWB</strong> continues to meet, and stay abreast of,<br />

all industry compliance standards.<br />

The company has also invested in a significant upgrade of its<br />

website. The new site, still located at www.awb.com.au went live in<br />

October <strong>2003</strong>, offering improved functionality to growers and<br />

customers, and building a platform for further development and<br />

enhancement in the future.<br />

Substantial increase in rural and regional presence, by numbers…<br />

…by region<br />

Number of Employees<br />

2500<br />

2000<br />

1500<br />

1000<br />

500<br />

0<br />

Number of Employees<br />

0<br />

2000 2001 2002 <strong>2003</strong> NSW/ACT VIC QLD WA SA NT TAS OS<br />

1000<br />

800<br />

600<br />

400<br />

200<br />

<strong>2003</strong><br />

2002<br />

29

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