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The Coca-Cola Company Global Women’s Initiative. So Why Focus On Women? Out of Economic Interest for Our Business Gender Diversity, Mirroring the Market,

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Presentation on theme: "The Coca-Cola Company Global Women’s Initiative. So Why Focus On Women? Out of Economic Interest for Our Business Gender Diversity, Mirroring the Market,"— Presentation transcript:

1 The Coca-Cola Company Global Women’s Initiative

2 So Why Focus On Women? Out of Economic Interest for Our Business Gender Diversity, Mirroring the Market, Enables Growth and Value Creation Consumers, Shoppers and Customers For The Coca-Cola System

3 3 People Be a great place to work Attract, engage and retain the best talent: Increase people’s system knowledge, and cross-system movement. Inspire our people to be passionate ambassadors for our brands. Recruit, develop and advance women, and achieve true diversity. Engagement Employer of Choice Workplace Rights Diversity Retention People

4 STRATEGIC FRAMEWORK Placement of qualified women into key open roles Vision: A diverse workforce of 50/50 men and women at all levels by 2020 Retention of existing female talent A thriving Pipeline of Ready-Now and Ready- Future Female Associates Support systems Business case and company-wide communications

5 Women’s Leadership Council Strategy Situation Analysis Desired Outcomes Key Levers Metrics Action Plan Key Initiatives Target Audience Timing Investments Implementation Communications Participation Follow Through Evaluation Objective To accelerate the development and movement of female talent into roles of increasing responsibility and influence 17 influential, passionate female executives Sponsored by CEO and other members of the Senior Leadership Team Supported by HR (Global Diversity, Talent Management & Development, and Talent Acquisition) Business Case Best Practices 206 countries, simultaneously

6 Global Women’s Initiative - - Accomplishments 2008-2011 RETAIN Operating Committee drives regular global review of female talent RECRUIT 41% of hiring at our senior level, globally, in 2011 (13% in 2007) Since 2008, representation at our senior level, globally, has moved from 23% to 28.2% The immediate pipeline level, globally, has moved from 28% to 34% One level further down is now 46%, globally

7 Global Women’s Initiative - - Accomplishments 2008-2011 DEVELOP 49% female participants in key leadership programs in 2011 (21% in 2007) New Mid-Level Women’s Leadership program launched; 240 women from around the globe participated in the program’s first two years U.S.-based mentoring program tools scaled globally ENABLING CULTURE Globally scaled the guidelines, frameworks and tools for launching women’s networks across any geography; networks launched in South Africa and Middle East/North Africa; launches set to initiate throughout Asia, Latin America and Europe Flexible Work Arrangements program launched in U.S., and framework and tools distributed globally Integrated development of female talent into Woodruff Cup award criteria

8 Global Women’s Initiative - - Accomplishments 2008-2011 ENGAGED ORGANIZATION Muhtar Kent routinely addressing topic in his remarks during business trips, and hosting Women’s Leadership Speaker Series events (i.e., Sheryl Sandberg, Ursula Burns) Muhtar Kent meeting with top female talent throughout his global travel Group Women’s Leadership Councils established for Asia, Eurasia/Africa and in each of the company-owned bottlers; launching soon in Europe & Latin America WLC events held in Atlanta, Hong Kong, Mexico City, Istanbul, Paris, Tokyo, Johannesburg, Dubai, and Buenos Aires International Women’s Day

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12 “The future belongs to those who dare….” Awareness and Quick Wins System-Wide Impact on Programs, Culture and Metrics Sustainable Results Strong Presence in Senior Leadership Roles Pipeline of Ready Now Female Talent System Talent Initiatives Culture of Inclusion and Sustainability Best Place for Women to Work 5,000,000 economically empowered 2009 - 2011 2020 Destination 2008

13 MembersTitleGroup/Function Susan MboyaEurasia & Africa Group Director, Women’s Economic Empowerment Eurasia/Africa Group Therese GearhartPresident, South Africa Business UnitEurasia/Africa Group Kathy Waller (Chair)VP and ControllerCorporate Group Wendy ClarkSenior VP, Integrated Marketing Communications & Capabilities Corporate Group Charlotte OadesGlobal Director, Women’s Economic EmpowermentCorporate Group Veronique BourezFranchise Operations Director, FranceEurope Group Jane LawrieGroup Public Affairs & Communications DirectorEurope Group Claudia LorenzoSocial Business Director, Brazil Business UnitLatin America Group Lucia DourritzagueVP, Strategic Planning, Mexico Business UnitLatin America Group Kathleen CiaramelloVP, East Region, FoodserviceCoca-Cola Refreshments Julie FrancisVP, Chief Commercial OfficerCoca-Cola Refreshments Melody JusticeExecutive VP, Business TransformationNorth America Group Katie BaynePresident & General Manager, Sparkling Beverages North America Group Gill McLarenCustomer & Commercial Director, South Pacific BUPacific Group Pam ChuenhathaiCommercial Planning Director, ThailandPacific Group Josefine HanselProcurement Director, Coca-Cola GermanyBottling Investment Group Tina ReyesLegal Director, Coca-Cola Bottlers PhilippinesBottling Investment Group Women’s Leadership Council


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