2011 Annual Report

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  • Home
    • To help the world grow the food it needs that's the mission of The Mosaic Company. We believe in it. It inspires our decisions. But fulfilling that mission and achieving our success doesn't just happen...

  • Letter to Shareholders
    • Over the 30 years of my career in agriculture, the visibility and appreciation for Mosaic's mission has increased dramatically. Agriculture is entering a new green revolution, emerging as one of the global...

  • Financial Highlights
    • To help the world grow the food it needs that's the mission of The Mosaic Company. We believe in it. It inspires our decisions. But fulfilling that mission and achieving our success doesn't just happen...

  • Best Crop Nutrition
    Company
    • Our goal is to be globally known as the best crop nutrition company. Achieving this recognition takes ambition and accountability to the stakeholders...

  • Potash and Phosphate
    • Our core values of sustainability and safety, combined with our portfolio of phosphate and potash, our financial strength and our unparalleled global reach help us to achieve our goal of being recognized as the best...

  • Customers and Suppliers
    • Every day, we strive to deliver what our customers value most integrity, reliability, flexibility and a deep knowledge of what they need to succeed.

  • Operational Excellence
    • Achieving our goals means achieving higher levels of performance, every day.

  • Global Strength
    • Unlocking the opportunities of a global market takes real-time insights the kind you only get from having your own presence in the world's major agricultural...

  • Sustainable Practices
    • True stewardship of our environment and our communities means maximizing the benefits we can obtain today, while developing solutions for...

  • Leadership Teams
    • James T. Prokopanko, James "Joc" O'Rourke, Linda K. Thrasher, Gary "Bo" N. Davis, Richard N. McLellan, Norman B. Beug, Lawrence W. Stranghoener, Richard L. Mack, Cindy C. Redding

  • Financial Review
    • Management's Discussion and Analysis of Financial Condition and Results of Operations, Report of Independent Registered Public Accounting Firm, Consolidated Statements of Earnings...

Our approach starts with taking a fresh look at all aspects of our operations, both from a site and a functional perspective. This "clean sheet" approach challenges our previously held beliefs and compares us to both external and internal benchmarks and best practices at a granular level.

Once these gaps are understood, we engage our employees in structured problem solving to develop solutions. As we partner with employees, we are not simply asking for ideas, we are also trying to understand the key barriers to performance at the site and team level. This insight allows us to develop solutions that not only increase productivity but also enhance employee engagement and ownership of the opportunities.

To ensure we capture their full value, once ideas are approved, we implement detailed performance metrics and corresponding metrics-based discussions at all levels of the organization. A key element to our overall approach is the formation of functional centers of innovation and excellence (CIEs). Each CIE consists of a small group of dedicated resources focused solely on operational excellence. These CIEs work closely with each site to promote technical expertise, drive the process and ensure that methodologies are followed systematically. We have already formed CIEs in production, maintenance/workflow, reliability, energy and workforce development.

The movement of employees across sites is another important element of our approach to operational excellence. Our footprint and scale are differentiating strengths for Mosaic, and we are leveraging these strengths by rotating key talent around the company.

A measure of mechanical productivity, improving "wrench time" is one way that Mosaic is pursuing operational excellence throughout the company.