Partnership Program Highlights Empowering Women Entrepreneurs Left to right: Rebecca Self, Nur Begen, Deniz Alkan, Lene Briseid, Clara Llados INTRODUCTION The following case study highlights the results of the Trestle Group Foundation’s Empowering Women Entrepreneurs Partnership Program (EWEPP) between PepsiCo and OrganicEra, Istanbul, Turkey. ! ! The Inside The Partnership Program 2 Partnership Program Participants 3 Key Business Challenges Addressed 4 Additional Accomplishments 6 Building Awareness 6 Lessons Learned: Executive Perspective 7 Executive Support 8 Trestle Group Foundation is an PepsiCo is a global food and innovative non-profit organization beverage leader with net revenues of dedicated to creating and expanding more than $65 billion and a product sustainable economic opportunities portfolio that includes 22 brands that by supporting high-potential generate more than $1 billion each in women-led businesses. Built on a annual retail sales. Their main new model of nonprofit support, and businesses - Quaker, Tropicana, guided by the belief that Gatorade, Frito-Lay and Pepsi-Cola - entrepreneurship fuels the engine make hundreds of enjoyable foods that drives economic opportunity, and beverages that are loved growth and social progress, the throughout the world. PepsiCo's Foundation works to empower people are united by their unique women entrepreneurs in developing commitment to sustainable growth and emerging economies. For more by investing in a healthier future for information, please visit: people and our planet, which they www.trestlegroupfoundation.org believe also means a more successful Partnership Program Highlights future for PepsiCo. They call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize their impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for their associates; and to respect, support and invest in the local communities where they operate. For more information, please visit: www.pepsico.com The Importance of Women’s Entrepreneurship Small and Growing Businesses (SGBs) are key drivers of both economic opportunity and development. SGBs: Deniz Alkan Encourage private ownership Spur innovation Quote Create employment “This partnership was a great experience for me. It Generate commercial activity allowed me to gain valuable insights into the day- Deliver economic benefits to-day life of a female entrepreneur – both the pressures and difficulties she faces from a business Women’s entrepreneurship – with its unlimited potential – is a vital perspective, and how hard she is working to contributor to economic expansion within this important sector. succeed in a quite male dominant Turkish culture.” Successful women-led SGBs provide more than just a financial Deniz Alkan, Finance Director of Beverages for PepsiCo Turkey stimulus within these growing markets – they promote social progress and change. THE PARTNERSHIP PROGRAM PepsiCo is committed to achieving business and financial success while leaving a positive imprint on society – delivering what they call Performance with Purpose. A sponsor of Trestle Group Foundation’s Empowering Women Entrepreneurs Partnership Program since 2009, the initiative provides PepsiCo female executives with an opportunity to collaborate, give back, share their experience and affect real change by directly supporting women-led companies in emerging economies – creating economic opportunities, achieving long-term business success and driving social change. The Partnership Program identifies qualified female entrepreneurs in emerging economies and partners them with specially selected PepsiCo female executives - who help build the skills, strategies, practices and networks needed to further develop their businesses. This customized, relationship-based program model provides a unique blend of executive coaching, collaborative team support, skill 2 Partnership Program Highlights building and networking – actively engaging networks and resources to “open doors” to new business opportunities. Participating in the Partnership Program provides challenging opportunities for PepsiCo female professionals to support their own skills development, and equally important, the female entrepreneurs participating in the Partnership Program commit to ‘giving back’ within their local communities. Serving as role models and mentors to other aspiring entrepreneurs creates new opportunities and sustains the entrepreneurial support cycle. PARTNERSHIP PROGRAM PARTICIPANTS Deniz Alkan, Finance Director for PepsiCo’s Turkish Beverage Division was selected to serve as the executive coach. Deniz, based in Istanbul, Turkey, has worked for PepsiCo since 2006 and currently Nur Begen coordinates a team of 17 Finance staff. Deniz speaks both Turkish and English fluently and has a very high drive for results and strong coaching skills, which provided her with the perfect platform to partner with the Trestle entrepreneur. Nur Begen is the owner of the brand OrganicEra. Located in Istanbul,Turkey, OrganicEra is a supplier of high quality textile products such as towels, bathrobes and bed linen made of 100% organic cotton. OrganicEra also supplies 100% organic clothing including t-shirts, sweatshirts, shorts, underwear and sleepwear, shirts, and children¹s toys. All OrganicEra organic products are made in Turkey of the finest quality cotton and are certified by Control Union. For more information, please visit: www.organicera.com Quote "One of the hardest parts of being an entrepreneur is having so few people around you who approve of what you are doing and believe that you can succeed. The first thought that came into my mind when I learned that I would participate in the Trestle and PepsiCo Partnership Program was that I could finally make people really ‘believe’ in me and what I have tried to build for the last five years. The invaluable executive support from PepsiCo encouraged me so much. I feel now, that our partnership has concluded, OrganicEra will be ready to grow in a more sustainable way." Nur Begen, Owner, OrganicEra 3 Partnership Program Highlights KEY BUSINESS CHALLENGES ADDRESSED Guided by executive coach Deniz Alkan, PepsiCo Turkey Finance Director, and supported by a collaborative team of PepsiCo female executives from across Europe, the program addressed the following OrganicEra challenges: I. Full Financial Review Challenge The first step in the partnership between PepsiCo and OrganicEra was to gain a clear understanding of OrganicEra’s current financial position and growth opportunities. Deniz Alkan and Nur Begen Analysis/Actions PepsiCo team member Clara Llados, Planning and Forecasting Manager, PepsiCo Europe, worked extensively with Nur Begen and created a detailed financial snapshot of OrganicEra’s current position and growth scenarios. Recommendations/Results Clara Llados delivered – based on the company’s financial data as provided by OrganicEra – an extensive financial review including: Executive summary Portfolio overview Margins by channel and category Recommendations The complete financial review provided Nur Begen with an entirely new perspective on product line and distribution channel development and profitability. II. Brand & Brand Position Challenge To evaluate OrganicEra’s current brand and brand position, with a focus on redesigning OrganicEra’s logo and hangtags, as well as initial concepts for a website redesign – one of Nur Begen’s top priorities. Analysis/Actions Trestle Group Foundation’s Jan Uetz worked with Nur Begen to create new logo, hangtags, and website design options. Margreet Rijkaart, Marketing Manager Duyvis & Consumer Services, led the PepsiCo team’s effort to define OrganicEra’s brand proposition. Recommendations/Results The PepsiCo team’s brand and brand positioning support resulted in: 4 Partnership Program Highlights New logo and hangtags Website design feedback and concepts Packaging suggestions and ideas Brand definition and proposition Brand style guidance I. Comprehensive Business Plan Challenge Nur Begen required a framework for evaluating where OrganicEra stands today and where it is headed in the future. As is typical with entrepreneurs running growing businesses, everyday operations had become so demanding that Nur needed additional commercial perspective and strategic guidance on the business. Analysis/Actions PepsiCo team member Lene Briseid, Senior Commercial Manager Tropicana Nordic, conducted an off-site meeting to incorporate the financial review and brand proposition into a business plan. Recommendations/Results The PepsiCo team delivered a 3-year, 10-step, commercial plan for OrganicEra – including step-by-step guidance on how to implement the plan. II. “Must-Win Battles” Challenge Identify and develop solutions for Nur Begen and OrganicEra’s most immediate and pressing challenges. Analysis/Actions Applying PepsiCo’s commitment to “Must-Win Battles,” the team identified three immediate goals after the 2011 kick-off meeting in Istanbul, Turkey. Recommendations/Results Sell Existing Inventory – The team created a plan for selling existing stock and organized sales of OrganicEra products to PepsiCo brands in Norway and Spain. Streamline Product Line – Based on extensive financial review, the team made specific short and long-term product line recommendations. Marketing Messages – The PepsiCo team outlined OrganicEra’s unique selling proposition and a three-tiered messaging plan for point-of-sale, homepage, packaging and longer communications. 5 Partnership Program Highlights ADDITIONAL ACCOMPLISHMENTS Access to Networks and Resources – The partnership provided access to new networks including PepsiCo marketing executives and expertise in Istanbul, engaged university business students through OrganicEra internship opportunities, and opened the door to a new potential business relationship with a Swiss-based importer interested in distributing OrganicEra products. Pepsico Executive Team Cross Cultural Experiences and Relationships – A cross-functional, cross-geographical PepsiCo female executive team supported Nur Begen and OrganicEra. Executive Coaching – The partnership delivered bespoke coach training to both the PepsiCo lead executive Deniz Alkan and OrganicEra entrepreneur Nur Begen. Real Life Learning – The partnership went beyond simulations and Deniz Alkan Lene Briseid case studies by providing a real-life, real-time, hands-on, group experience in which the PepsiCo executive team collaborated, thought strategically, overcame identified challenges and celebrated their tangible contributions as a result of the joint effort. Social Engagement in Emerging Markets – The partnership provided PepsiCo high-potential female executives with a valuable, meaningful opportunity to engage, gain insight, collaborate and contribute to the world by supporting Nur Begen and OrganicEra. Belen Fabregas Clara Llados BUILDING AWARENESS Joint efforts to create awareness about the importance of women-led SGBs in emerging economies, as well as PepsiCo’s commitment to Performance with Purpose by participating in Trestle Group Foundation’s Partnership Program included: Margreet Rijkaart A media release highlighting Trestle Group Foundation, PepsiCo and OrganicEra partnership that was covered by 35 web-based publications and 6 syndicated websites. A joint media outreach interview session with PepsiCo’s Chief Personnel Officer Cynthia Trudell resulted in feature news articles in the Hürriyet IK, Turkey – Mentorship Support for Women Entrepreneurs (Circ. 450’000), In Good Company: Vault’s CSR Blog – At PepsiCo, Performance With Purpose Proves Powerful Recruitment Tool (904’000 monthly visits) and Forbes.com: The CSR Blog – PepsiCo Takes Performance With Purpose To Heart (3’826’057 business decision makers). 6 Partnership Program Highlights More than 100 business and thought leaders participated in the PepsiCo-sponsored Trestle Group Foundation Empowering Women Entrepreneurs in Emerging Economies Zürich event on September 27, 2011. The evening showcased the Foundation’s Partnership Program and the positive economic and social impact successful women-led business are making in emerging economies. The dynamic panel discussion featured Nur Begen, OrganicEra, and Clare Corkish, Western Europe Region & Headquarters HR VP PepsiCo Europe. LESSONS LEARNED: EXECUTIVE PERSPECTIVE Maria Sharpe, Senior Vice-President, Human Resources and Chief Personnel Officer PepsiCo Europe “At PepsiCo, we are committed to promoting diversity, attracting the world’s best talent and providing challenging opportunities for our women executives to develop. This next stage in our partnership with the Trestle Group Foundation is an exciting milestone for us which not only brings to life one of PepsiCo’s intrinsic values – talent sustainability -‐ but also provides the opportunity for our female executives to give back, share their experience and make a real contribution to women-led companies in emerging economies.” Deniz Alkan, Finance Director of Beverages for PepsiCo Turkey "It was a great experience for me – truly living diversity and inclusion by leading a very diverse and talented team to a meaningful outcome. We as a team were privileged to offer a hand to female entrepreneur who is striving for long term, sustainable success in volatile Turkish economy. All of us should admire and learn from Nur's outstanding passion, creativity and patience to make her business successful. From a business perspective, the partnership required me to take a broader view of Nur’s business, then drill down by each function – sales, marketing and finance – in order to overcome key challenges." Rebecca Self Quote "The unique strength of this partnership was in the dynamic women assembled. From the entrepreneur to the executive coach to PepsiCo team members: every one is smart, vibrant, motivated and fantastic to work with. Given time this group could solve much greater challenges." Rebecca L. Self, Ph.D., Trestle Group Foundation Director of Coaching Programs Nur Begen, Owner, OrganicEra "First of all, the program gave me a chance to sit back and see the path my business is following. As entrepreneurs, we have to be our own sales & marketing people, accountants, problem solvers, warehouse specialists, and many things more during each business day. It means we spend more time on doing the work only, but we rarely find the time to do any analysis understanding where we are succeeding, and how far we are from our objectives. This program gave me a chance to find my way back through the forest, which ironically, I have planted and hoped it would grow fast. By the help of the program, I have received a very precious roadmap from PepsiCo executives, who voluntarily spent their time to understand OrganicEra and find solutions to the problems. I know that this roadmap is going to help me to find the way out, when I lose track again." 7 Partnership Program Highlights Rebecca L. Self, Ph.D., Trestle Group Foundation Director of Coaching Programs "The unique strength of this partnership was in the dynamic women assembled. From the entrepreneur to the executive coach to PepsiCo team members: every one is smart, vibrant, motivated and fantastic to work with. Given time this group could solve much greater challenges." Dana Brice Smith, Trestle Group Foundation Co-Founder and Managing Director “We believe that entrepreneurship fuels the engine that drives economic opportunity and growth. By supporting women-led businesses, we encourage social progress. Partnerships with leading organizations like PepsiCo – that provide vital executive support – are invaluable in driving the success of women-led companies in emerging economies.” EXECUTIVE SUPPORT Executive support facilitated through the Trestle Group SCOPE - High-potential women-led small and growing businesses (SGBs) in emerging economies. COUNTRIES - Trestle Group Foundation has supported women-led companies – across industries and business sectors – in Bangladesh, Czech Republic, Egypt, Hungary, India, Jordan, Kenya, Poland, Russia, Turkey, Slovakia, South Africa and Uganda. SUPPORTERS - Trestle Group Foundation has been fortunate to earn the support of leading organizations including: PepsiCo Europe, IBM, Microsoft, UBS, Delta Economics, Gübelin, Hexaware Technologies, Symphasis, Advocates for International Development (A4ID), Voices for Innovation, World Conservation Union (IUCN), amongst others. Foundation and PepsiCo partnership included: INTERNATIONAL EXPOSURE – Through integrated Internal Program Management and Support Belén Fábregas, Supply Chain Execution Manager, PepsiCo Europe Sector - Supply Chain, Switzerland PepsiCo Executive Support Team marketing and communication programs (participation at key global events, high-impact short films and media outreach), Trestle Group Foundation raises significant awareness about the impor tant role women Deniz Alkan, Finance Director of Beverages for entrepreneurs and successful women-led SGBs play in PepsiCo, Turkey emerging economies. And how leading organizations Lene Briseid, Senior Commercial Manager Tropicana, Nordic are helping these women succeed. Clara Llados, Planning and Forecasting Manager, MORE INFORMATION - Trestle Group Foundation is a PepsiCo Europe, Switzerland registered tax-exempt (No. CH-440.018.28-4), nonprofit, Margreet Rijkaart, Marketing Manager Duyvis & Consumer Services, Pepsico International, The Netherlands private Swiss foundation without any political or religious affiliations. To learn more, please visit: www.trestlegroupfoundation.org. Trestle Group Foundation Rebecca Self, Ph.D., Trestle Group Foundation Director of Coaching Programs Dana Brice Smith, Trestle Group Foundation CoFounder and Managing Director Foundation Headquarters Grossholzstrasse 22 8253 Diessenhofen Switzerland Foundation Office Limmatquai 94 8001 Zürich Switzerland 8