MMB members work in teams on projects to improve a wide range of business activities. It’s common for Board members to gain exposure to parts of the business that they would not encounter in their “regular” jobs.

MMB membership offers employees the chance to interact with all levels of the business, express their views based on detailed research and offer recommendations to top management. Since its inception in 1932, the Board has seen a high percentage of its recommendations enacted.

In addition to project work that helps drive our growth, the Board offers employees opportunities to develop professional skills that will serve them throughout their careers.

and they represent thousands of projects worked on to improve the business over 75 years: Energy Conservation, Activity-Based Costing, Raw Material Warehouse Efficiency, Management Performance Appraisal, Value Stream Mapping, Information Security Awareness, Capacity Utilization, Benchmarking New Product Development, Global Marketing Communication, Customer Service Metrics and Work/Life Balance.

     C.P. McCormick’s vision of Multiple Management included as much benefit to the employee participant as to the business. The MMB offers an environment for employees to develop core skills crucial for professional development: project management, communication, research, critical analysis, leadership, among
others. Lessons learned while on an MMB
serve employees throughout their careers.

     C.P. McCormick’s son, Charles P. McCormick Jr., is a former President and Chairman of the Company and a graduate of the MMB. He said, “The philosophy of Multiple Management created a spirit which became our inner strength. It augments and transcends goals, strategies and business plans. The nurturing of this spirit remains the heartbeat of McCormick.”

     Here are some comments made by
current employees: “My service on the MMB
was invaluable; not only did it allow me
to see the big picture beyond my job, it
allowed me to take risks and learn.….It was
such a professionally rewarding experience. It challenged me.….What I got from my MMB service was a professional maturity and self-aware-ness.….The feedback we received from other Board members allowed me to grow. It was a fantastic journey of learning and development.”

     The Multiple Management philosophy, begun 75 years ago, has fulfilled C.P. McCormick’s dream of a robust business with engaged employees.

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McCORMICK & COMPANY 2006 ANNUAL REPORT

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