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Danone Getting to Know Danone 2 Quizz TALENT DEVELOPMENT PROGRAM LATAM INNOVATION 1 Mercer LACBF Meeting_ 16 GETTINGApril 2015 TO KNOW DANONE GETTING TO KNOW DANONE 2 QUIZZ DO YOU KNOW THE ORIGINE OF THE NAME DANONE? 3 HISTORY 1919 Danone was founded by Isaac CARASSO in Barcelona , España Aware on the researchs from Nobel laureate and Pasteur Institute director Elie Metchnikoff on lactic ferments, Isaac Carasso introduced yogurt to treat the local children suffering from intestinal disorders. Doctors in Barcelona prescribed yogurt for their patients Isaac named the new brand after his son Daniel, whose nickname in Catalan was “Danon” 4 HISTORY 1929 Daniel Carasso himself rolled out the brand in France . 1942 During the occupation of France in World War II, Daniel emigrated to the United States, where he founded Dannon US . Danone Spain, Danone France and Dannon grew rapidly throughout the 1950s 1966 Antoine Riboud created BSN Merging Boussois, producer of flat 1967 Danone France merged glass, with Verreries Souchon- with Fromageries Gervais to Neuvesel. become France’s leading fresh dairy specialist Riboud’s next strategie “from container to content.” 1970 Beverage business with Evian and beers Kronenbourg 5 HISTORY DECEMBER 1972 Merge BSN-GERVAIS-DANONE Riboud’s Speech of Marseille Defined corporate social responsibility. The milestone of DANONE’s values and dual project (Economic & Social) 1980 BSN-GERVAIS-DANONE’s expansion in Food Business Amora, Maille, Vandamme, La Pie Qui Chante, Liebig, Galbani , Volvic 1986 BSN-GERVAIS-DANONE’s includes Biscuits 1990’ Expansion in Eastern Europe, Asia & LATAM 6 HISTORY 1994 BSN-GERVAIS-DANONE becomes DANONE 1996 Franck Riboud succeeds his father 1997 The group focused on FRESH DAIRY PRODUCTS, WATERS AND BISCUITS 2006 Making Health our Mission Creation of Grameen DANONE Foods in Bangladesh (social business designed to produce nutrient-fortified yogurt that poor rural populations can afford) 2007 DANONE sold the Biscuits Business Acquisition of Royal Numico, a global leader in BABY and MEDICAL NUTRITION 2009 Creation of Danone EcoSystem Fund (to finance and developp dairy farming, local distribution systems, packaging recycling networks, personal services, and socio-economic development in the regions around our plants) 7 HISTORY Sept 2014 First Talent in DANONE HISTORY Sept 2014 First Talent in DANONE Emmanuel FABER succeeds Franck Riboud 1996-2013: FOCUSING THE PRODUCT PORTFOLIO ON HEALTHY FOOD 10 DANONE: A UNIQUE MISSION 11 A PRODUCT RANGE 100% HEALTH DRIVEN IN LINE WITH OUR MISSION BRINGING HEALTH THROUGH FOOD TO AS MANY PEOPLE AS POSSIBLE A 100% health portfolio Growth/ Maintenance/ Ageing process/ Building Capital prevention Problem solving High Food needs Food Specific nutrition/ Specific nutrition/ Low Infants/Children Adults Seniors A PRODUCT RANGE 100% HEALTH DRIVEN IN LINE WITH OUR MISSION 2013 SALES BY BUSINESS LINE €4.3 billion €1.3 billion 6% +3.6% like-for-like growth in 2013 +5.8 %* like-for-like growth in 2013 No. 2 worldwide 20% No. 1 in Europe Early life Nutrition Medical Nutrition €21,298 mln €3.9 billion 18% +11,2 %* like-for-like growth in 2013 €11.8 billion 56% +3,3 %* like-for-like growth in 2013 No. 2 worldwide (by volume) No. 1 worldwide Waters Fresh Dairy Products 1996-2013: A NEW GLOBAL EQUILIBRUM 15 2013 SALES BREAKDOWN BY GEOGRAPHY 2013 sales by geography Top 10 contributors to 2013 sales #1 Russia 11% #2 France 10% #3 United States 8% #4 China 7% ALMA Europe #5 Indonesia 6% 39% 39% #6 Spain 5% #7 Mexico 5% #8 Argentina 5% CIS & Noram #9 United Kingdom 5% 22% #10 Brazil 4% Russia, France & USA represent over >60% of sales in growth markets 25% of Danone’s sales worldwide. DANONE TODAY From 9 business lines in 1996 (Fresh Dairy Products, Waters, Biscuits, Sauces, Pastas, Cheeses, Ready-to-Eat Meals, Glass and Beer) into just 4 business lines in 2012 (Fresh Dairy Products, Waters, Baby Nutrition and Medical Nutrition) From 77% of 1996 sales from Western Europe to more than 60% in Emerging Countries today Business Expansion in Emerging Countries More than 62,000 Employees in Emerging countries (over 120,000 employees) Need to transforme the way the global workforce is sourced, organized and managed PEOPLE DEVELOPMENT WITH INTERNATIONAL MOBILITY - Support the business growth - Develop our talents • Expand business in new countries • Prepare future Directors & GMs and accelerate • Accelerate business development the development of Managers • Transfer technical competences and know-how • Benefit from cross-fertilization through diversified team • Transmit and embark Danone culture • Build international mindset and networks International contribution along a CBU journey MOBILITY TALENT PROGRAM Development Program designed mainly for Middle & Senior Management LATAM SITUATION Directors (pc 60 & above) Middle Management Until 2010 very few offer for Juniors Talent JUNIOR TALENT MOBILITY TALENT PROGRAM Programs and Mobility Policies mainly focused on Source: MERCER, 2012 WHAT ABOUT JUNIOR TALENTS? Who are they? Many publication today on Millennials (Gen Y) One of the most studied generation in the history! Will become soon the dominant age group in work place What do they want? - Career opportunities - Mobility - On-the-job training : coached - Recognition - Feedbacks - Fast promotion WHAT ABOUT JUNIOR TALENTS? Who are they? Many publication today on Millennials (Gen Y) One of the most studied generation in the history! Will become soon the dominant age group in work place What do they want? - Career opportunities - Mobility - On-the-job training : coached - Recognition - Feedbacks - Fast promotion KEY BET TO ATTRACT, MANAGE AND RETAIN THOSE TALENTS JUNIOR TALENT PROGRAM IN LATAM Already in 2010 Decision to create in LATAM a JUNIOR TALENT PROGRAM OBJECTIVES to boost career development through exposure in a different environment to create networking & learning opportunities at early stages to increase best practices sharing among CBUs to make Danone international opportunities a reality TO WHOM Clear Profile Defintion Less than 30 yo and at least 2 years working experience in Danone (less than 5y of experience) High Potential Available to travel to any country HOW Short term assignment (6 months) For SPECIFIC PROJECT With TUTORS in Host and Home (different from the Supervisor in the host) Host CBU Tutor : Facilitates integration / Provides regular feedback to ensure project stays on track and objectives are achieved Home CBU Tutor : Key contact person within Home company / Provide technical support With EVALUATION from the Host tutor at the end of the assignment With PRESENTATION from the Assignee of the experience & achievment to the Business Boards (Host & Home) With clear new Job at return JUNIOR TALENT PROGRAM IN LATAM Already in 2010 The answer to Millennial Generation expectatives Job Opportunities Challenges (strategic(strategic project and exposure)exposure ) Fast Moving / Driven by next step Coached / Mentored Recognition Jaguar Program OUR EVP FOR JUNIOR TALENT Part of a community JAGUAR PROGRAM DESIGN JAGUAR COMMITTEE HRD from all Businesses in LATAM + Regional HR End of the Year, listing of…. Projects Candidates Linked with CBU strategy , with impact to the High Potential business Less than 30yo Relevant for young talent learning & At least 2 years experience within DANONE development < 5 years experience Give exposure and visibility to top Available to work in any country management Has to be defined, with expected outcome Challenging but feasible to achieve during a short-term assignment Matching done Preparation of the Move May/June to Oct/Nov Assignment End of the Year Evaluation JAGUAR PROGRAM DESIGN GREAT INITIATIVE AND AMBITION in an VERY RESTRICTIVE ECONOMIC ENVIRONMENT Policies at our Full Expat Package (host based policy) disposal Mission for expert Commuting Costly package / Not affordable for the Businesses / How to ensure offer for Talents from High costly countries (for ex: Brazil vs Argentinian) JAGUAR PROGRAM DESIGN GREAT INITIATIVE AND AMBITION in an VERY RESTRICTIVE ECONOMIC ENVIRONMENT Policies at our Full Expat Package (host based policy) disposal Mission for expert Commuting Costly package / Not affordable for the Businesses / How to ensure offer for Talents from High costly countries (for ex: Brazil vs Argentinian) A possible approach Decrease drastically the offered benefits and supports Or managed as Light Local+ JAGUAR PROGRAM DESIGN GREAT INITIATIVE AND AMBITION in an VERY RESTRICTIVE ECONOMIC ENVIRONMENT Policies at our Full Expat Package (host based policy) disposal Mission for expert Commuting Costly package / Not affordable for the Businesses / How to ensure offer for Talents from High costly countries (for ex: Brazil vs Argentinian) A possible approach Decrease drastically the offered benefits and supports Or managed as Light Local+ JAGUAR PROGRAM DESIGN 1) A PROGRAM BASED on MISSION PACKAGE APPROACH Business Trip Stay on Home payroll Current Payroll Mass for the Home CBU Flight ticket Get reimbursed Hotel Get reimbursed Restaurant Get Business Travel Insurance JAGUAR PROGRAM DESIGN 1) A PROGRAM BASED on MISSION PACKAGE APPROACH Business Trip JAGUAR Package Stay on Home payroll Stay on Home payroll Current Payroll Mass for the Home CBU Current Payroll Mass for the Home CBU Flight ticket Flight ticket in Eco (with 1 escale allowed) Get reimbursed Hotel Get paid Accomodation (studio or apart hotel selected by Host cbu / colocation) Get reimbursed Restaurant Get paid a Per Diem (for 1 meal per day in Host city) Get Business Travel Insurance Get International
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