Cast your vote for Purpose 360 as Best Business Podcast here!Mars Incorporated—the company behind some of your favorite brands, from Snickers to Seeds of Change—is guided by a simple statement: We believe the world we want tomorrow starts with how we do business today.This purpose comes to life through the company’s Sustainable in a Generation Plan, which focuses on a healthy planet, thriving people, and nourishing wellbeing; through its four subsidiaries — Petcare, Mars Wrigley, Food, and Edge; and through many of its brands. To talk about Mars’ purpose, Purpose 360 welcomed Andy Pharoah, VP Corporate Affairs and Sustainability at Mars. Listen for Andy’s insights on:The interrelationship between the Mars Compass and Five Principles, and how they jointly guide decision-making at all levels of the organization.How Mars is putting purpose at the center of long-term business strategy and R&D to transform supply chains and operations to be more sustainable, while creating healthier products.Why and how Mars committed $1b+ in the Sustainable Generation Plan to put its “purpose into practice” and help billions of people around the world. Links & NotesAbout MarsMars CompassThe Five PrinciplesSustainable in a Generation PlanConnect with Andy Pharoah on LinkedInSustainable in a Generation Scorecard (2019)
(00:00) - Welcome to Purpose 360 – Andy Pharoah from Mars Inc.
(05:38) - The Numbers
(06:14) - Andy's Background & the Evolution of Purpose
(08:56) - Mars' Purpose Statement
(10:41) - Examples in Action
(13:15) - Discovery of Their Purpose Statement
(17:03) - Mars' Five Principles
(19:15) - Finding Solutions
(20:23) - Sustainability Plan
(26:11) - Mars Family Involvement
(27:55) - The Mars Compass
(32:58) - Black Lives Matter and Uncle Ben's
(37:47) - Pet Care Successes
(42:00) - Andy's Favorite Brands
(44:04) - Andy's Insights Into Purpose
(45:44) - Focus Groups
(47:07) - Last Thoughts
(48:45) - Closing

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