AWB Limited - 2003 Annual Report
AWB Limited - 2003 Annual Report
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