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Denise Morrison Chief Executive Officer
Campbell Soup @CampbellSoupC
Neil Grimmer Co-Founder & President
Plum Organics @NeilGrimmerCEO
Regenerating Commitment:
The Purpose-driven
Corporation in Action
#SB14sd
Purpose-Driven
Brands
in a Changing World
Denise Morrison
President & CEO
3
80 million strong
Millennials
4
Spend $1.3 trillion annually
2
The power
of purpose
3
4
5
6
We believe in the
power of food to
connect people.
7
We believe
that food
can be good,
delicious,
and
accessible—
all three,
without
compromise.
It’s an idea
pioneered
by our founders.
8
We believe we have a duty greater
than just that of generating returns
for our shareholders.
A duty to the earth.
A duty to our communities.
A duty to our people.
9
But the world is changing.
The consumer is changing.
Who they are is changing.
Millennials are the
largest generation
in U.S. history.
2050 is the year the
Hispanic population
will become the
majority
population
in the United States.
The rising global
middle class:
MILLENNIALS BABY BOOMERS
Spend
$56 Trillion
Spend
$21 Trillion
10
11
The growth of packaged fresh foods and
expansion of multi-channel shopping.
The world is changing.
The consumer is changing.
What they care about is changing.
More than half of
consumers ages 18-34 say
that if price and quality are
equal, a brand’s
social purpose
is the most important
factor when they’re
buying something.
>60%Agreed with the statement
“By choosing to do business
with companies that are
more socially responsible,
I can make a difference in
this world.”
.
13
We make real food for real
people. They trust us to
provide food and drink that
is good, honest, authentic,
and flavorful—made from
ingredients that are grown,
prepared, cooked, or baked
with care. People love that
our food fits their real lives,
fuels their bodies, and
feeds their souls. And they
appreciate knowing what
goes into our food, and why—
so they can feel good about
the choices they make, for
themselves and their
loved ones.
14
The standards we must
always uphold:
+ Put safety above all else—
because if we don’t, nothing
else matters.
+ Craft every product around the
lives of the real people who rely
on it: Delicious, readily available
when and where they need it,
at a fair price.
+ Be open and honest about the
food we make—transparent about
our ingredients and processes,
and inclusive in our engagement
with the stakeholders who care.
+ Never stop looking for ways to
improve the ingredients, taste,
quality, and accessibility of
our food.
15
What we do every day matters.
Families of all kinds rely on our
foods. Our people rely on us for
a challenging and supportive
workplace. Our customers rely
on us to help them meet the
needs of their customers,
profitably. Communities rely
on us to help them thrive.
And our shareholders rely on
us for solid, sustainable returns.
We make the biggest impact for
all these groups when we set,
and meet, high goals—as a
business, and as good stewards
of the natural resources we
all share.
16
We have a responsibility
to drive sustainability,
from field to spoon.
Cut environmental footprint
of our product portfolio
in half by 2020
Help our communities
to thrive 17
18
19
We make real food for
real
people. They trust us to
provide food and drink
that
is good, honest,
authentic,
and flavorful—made
from
ingredients that are
grown,
prepared, cooked, or
baked
with care. People love
that
our food fits their real
lives,
fuels their bodies, and
feeds their souls. And
Our food encourages people
to pause and savor life’s
moments. Whether shared
or enjoyed alone, every
single product we make
connects people—to each
other, to warm memories, to
what’s important today—and
invites them to live those
moments a little more richly.
20
21
22
@neilgrimmerCEO
INSPIRED BY LOVE
23
DRIVEN BY A MISSION
24
YOU’RE NOT JUST FEEDING THEM BABY FOOD,
YOU’RE SETTING THEIR COURSE… FOR LIFE
25
CRAVE-ABLE HEALTH
26
29
27
AMAZING DESERVES AMAZING.
29
30
31
Public Benefit Corporation
32
1 IN 5 CHILDREN ARE STARVING.
RIGHT HERE IN AMERICA. 33
THEY’RE NOT STARVING
FOR CALORIES. THEY’RE
STARVING FOR FOOD.
34
REAL FOOD. NUTRITIOUS FOOD.
THE KIND OF FOOD EVERY BABY
DESERVES.
35
36
When little ones are
FULL of nutrients
they can live into their FULL
potential
so they can have their FULL effect
on the world
37
38
39
17,520,000,000
48,000,000
16,000,000
40
1
41
REIMAGINE
REDESIGN
REGENERATE
#SB14sd

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Regenerating Commitment: The Purpose-driven Corporation in Action

  • 1.
  • 2. Denise Morrison Chief Executive Officer Campbell Soup @CampbellSoupC Neil Grimmer Co-Founder & President Plum Organics @NeilGrimmerCEO Regenerating Commitment: The Purpose-driven Corporation in Action #SB14sd
  • 3. Purpose-Driven Brands in a Changing World Denise Morrison President & CEO 3
  • 4. 80 million strong Millennials 4 Spend $1.3 trillion annually 2
  • 6. 4
  • 7. 5
  • 8. 6
  • 9. We believe in the power of food to connect people. 7
  • 10. We believe that food can be good, delicious, and accessible— all three, without compromise. It’s an idea pioneered by our founders. 8
  • 11. We believe we have a duty greater than just that of generating returns for our shareholders. A duty to the earth. A duty to our communities. A duty to our people. 9
  • 12. But the world is changing. The consumer is changing. Who they are is changing. Millennials are the largest generation in U.S. history. 2050 is the year the Hispanic population will become the majority population in the United States. The rising global middle class: MILLENNIALS BABY BOOMERS Spend $56 Trillion Spend $21 Trillion 10
  • 13. 11 The growth of packaged fresh foods and expansion of multi-channel shopping.
  • 14. The world is changing. The consumer is changing. What they care about is changing. More than half of consumers ages 18-34 say that if price and quality are equal, a brand’s social purpose is the most important factor when they’re buying something. >60%Agreed with the statement “By choosing to do business with companies that are more socially responsible, I can make a difference in this world.” . 13
  • 15. We make real food for real people. They trust us to provide food and drink that is good, honest, authentic, and flavorful—made from ingredients that are grown, prepared, cooked, or baked with care. People love that our food fits their real lives, fuels their bodies, and feeds their souls. And they appreciate knowing what goes into our food, and why— so they can feel good about the choices they make, for themselves and their loved ones. 14
  • 16. The standards we must always uphold: + Put safety above all else— because if we don’t, nothing else matters. + Craft every product around the lives of the real people who rely on it: Delicious, readily available when and where they need it, at a fair price. + Be open and honest about the food we make—transparent about our ingredients and processes, and inclusive in our engagement with the stakeholders who care. + Never stop looking for ways to improve the ingredients, taste, quality, and accessibility of our food. 15
  • 17. What we do every day matters. Families of all kinds rely on our foods. Our people rely on us for a challenging and supportive workplace. Our customers rely on us to help them meet the needs of their customers, profitably. Communities rely on us to help them thrive. And our shareholders rely on us for solid, sustainable returns. We make the biggest impact for all these groups when we set, and meet, high goals—as a business, and as good stewards of the natural resources we all share. 16
  • 18. We have a responsibility to drive sustainability, from field to spoon. Cut environmental footprint of our product portfolio in half by 2020 Help our communities to thrive 17
  • 19. 18
  • 20. 19
  • 21. We make real food for real people. They trust us to provide food and drink that is good, honest, authentic, and flavorful—made from ingredients that are grown, prepared, cooked, or baked with care. People love that our food fits their real lives, fuels their bodies, and feeds their souls. And Our food encourages people to pause and savor life’s moments. Whether shared or enjoyed alone, every single product we make connects people—to each other, to warm memories, to what’s important today—and invites them to live those moments a little more richly. 20
  • 22.
  • 23. 21
  • 26. DRIVEN BY A MISSION 24
  • 27. YOU’RE NOT JUST FEEDING THEM BABY FOOD, YOU’RE SETTING THEIR COURSE… FOR LIFE 25
  • 29. 29 27
  • 31. 30
  • 32. 31
  • 34. 1 IN 5 CHILDREN ARE STARVING. RIGHT HERE IN AMERICA. 33
  • 35. THEY’RE NOT STARVING FOR CALORIES. THEY’RE STARVING FOR FOOD. 34
  • 36. REAL FOOD. NUTRITIOUS FOOD. THE KIND OF FOOD EVERY BABY DESERVES. 35
  • 37. 36
  • 38. When little ones are FULL of nutrients they can live into their FULL potential so they can have their FULL effect on the world 37
  • 39. 38
  • 40. 39
  • 42. 1 41

Editor's Notes

  1. 3
  2. + IBM’s purpose is “to be essential.” A company that’s deemed an essential partner to the organizations, governments, and people of the world. + Look at IBM’s history and you can see this has been true at every turn…businesses they have entered and exited…products launched, companies acquired. + This spirit brought IBM back from the brink of bankruptcy in 1993: Gerstner stripped company back to only what was essential. + Now this guides IBM’s external agenda with the world (Let’s build a smarter planet) + And it guides internal behavior (1 purpose, 3 values, 9 practices)
  3. + Let’s look at another company — a mass consumer brand. + Nike’s purpose is “To bring inspiration and innovation to every athlete in the world.” And by the way, they say, *If you have a body, you are an athlete. + Nike believes that if they help people feel like winners, they will win. They focus on the consumer, not the competition.
  4. + Persistent belief in power of food to connect people. + Has shown up in everything from our product development to our advertising to our packaging.
  5. + Another persistent belief is that food can be good, delicious and accessible--all three, without compromise. + Which means, we have always had a pioneering, entrepreneurial spirit: constant experimentation and innovation in pursuit of this goal. + This is an idea pioneered by our founders.
  6. + Our third persistent belief: we believe we have a duty greater than just that of generating returns to our shareholders. + We also have a duty to... + The earth that provides our raw materials + The communities that support us + The people who bring their talents through our doors each day
  7. + We’re now facing forces of the future that are testing us like never before: Demographics, transparency, attitudes, technology-driven social change, health, shopping habits etc...all the “seismic shifts” we have talked about + Because we are “consumer first”, we look at this through the lens of consumers, and how they are changing. + Who they are is changing + By 2050, the majority population in the US will be Hispanic. + Today, the world’s middle class is 2bn strong of whom 28% are in Asia. By 2030 it will be 4.9bn strong, with 66% in Asia. + Millennials are largest generation in U.S. history: By 2030, 79M of them versus 56M boomers.
  8. + We’re now facing forces of the future that are testing us like never before: Demographics, transparency, attitudes, technology-driven social change, health, shopping habits etc...all the “seismic shifts” we have talked about + Because we are “consumer first”, we look at this through the lens of consumers, and how they are changing. + Who they are is changing + By 2050, the majority population in the US will be Hispanic. + Today, the world’s middle class is 2bn strong of whom 28% are in Asia. By 2030 it will be 4.9bn strong, with 66% in Asia. + Millennials are largest generation in U.S. history: By 2030, 79M of them versus 56M boomers.
  9. + Real food…. I want to read the beliefs because there is real power in these words.
  10. + Real food….(talk about the standards)
  11. + That matters Read the beliefs
  12. + Life’s moments Read the beliefs
  13. + Life’s moments Read the beliefs
  14. What we are doing here over the next few days is important. What we are doing here over the next few days We are defining the path for a globally iconic food company that has been relevant in peoples lives for the last 146 years What we are doing here over the next few days is charting the course to be relevant to consumers for the next 146 years. I want to share some stories about the purpose and passion of Plum.
  15. The kind of love that will drive a parent to give their kids the very best Is the same kind of love that has driven this company for the last 6 years
  16. After all amazing deserves amazing
  17. After all amazing deserves amazing This sets the bar for every product that we make and every action that we take…. And even when we fall short of this goal…. We don’t hesitate to make it right …. Such as the small voluntary recall we announced yesterday Alt: From how we communicate to parents to how we manage quality issues like the voluntary recall we announced yesterday,
  18. Like many of you in the room… we believe business can and should be a force for change…… We have been proud to be part of the B corp community since our infancy and Its not just enough to create a good product we need to be doing good in the world The Full effect along with the core mission of our business have crystalized in to a simple public benefit nourish America children with healthy organic foods and Tackle infant/toddler malnutrition across the country. B corps are businesses the adheir to the highest standard of social and envirmental responsibility. Brands such as
  19. Like many of you in the room… we believe business can and should be a force for change…… We have been proud to be part of the B corp community since our infancy and Its not just enough to create a good product we need to be doing good in the world The Full effect along with the core mission of our business have crystalized in to a simple public benefit nourish America children with healthy organic foods and Tackle infant/toddler malnutrition across the country. B corps are businesses the adheir to the highest standard of social and envirmental responsibility. Brands such as
  20. But there were still families we were not reaching…. 1 in 5 kids…roughly 16 million kids are starving right here in America….
  21. 16 million kids that have food insecurity _ don’t know where their next meal is coming from Don’t have access to the nutrition they need to grow and survive
  22. People what we are talking about is one of these amazing little ones wont have the opportunity to reach their full potential, Wont have their opportunity to live into their amazing.
  23. To help those 16 million have their full effect on the world.
  24. Our goal is to create and serve 500K super smoothies to families in need
  25. What if we focused on a different # The # ONE What if everyone here today grabbed a napkin off the table, shake off the crumbs and and jot down ONE action, ONE way to apply your unique gifts and talents to help ONE child in America a fighting change for a bright future