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The Coca-Cola Company's Global Women’s Initiative focuses on the economic empowerment of women to drive business growth by attracting, developing, and retaining diverse talent. This initiative aims to create a thriving pipeline of female leaders and foster an engaged organizational culture that supports women's advancement.
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So Why Focus On Women?Out of Economic Interest for Our Business External Focus on The Market Full Access To Best Talent Consumers,Shoppers and Customers For The Coca-Cola System Gender Diversity, Mirroring the Market, Enables Growth and Value Creation
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 Be a great place to work People People
STRATEGIC FRAMEWORK Vision: A diverse workforce of 50/50 men and women at all levels by 2020 Develop Recruit Retain A thriving Pipeline of Ready-Now and Ready- Future Female Associates Placement of qualified women into key open roles Retention of existing female talent Enabling Culture Engaged Organization Business case and company-wide communications Support systems
Women’s Leadership Council Objective To accelerate the development and movement of female talent into roles of increasing responsibility and influence 206 countries, simultaneously Women’s Leadership Council • 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 • Strategy • Situation Analysis • Desired Outcomes • Key Levers • Metrics • Action Plan • Key Initiatives • Target Audience • Timing • Investments • Implementation • Communications • Participation • Follow Through • Evaluation Best Practices
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
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
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
Enable the economic empowerment of 5 million women entrepreneurs across our global value chain by 2020
“The future belongs to those who dare….” 2020 Destination • 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 System-Wide Impact on Programs, Culture and Metrics 2008 Awareness andQuick Wins