PepsiCo Receives Award for Best-in-Class Corporate Social Responsibility with Centre of Excellence in Business Skills Development
Dr. Moe Moe Khaing, Head of Management Department, Yangon University of Economics; Dr. Khine Naing Oo, Rector, Yangon University of Economics; Beth Porter, Senior Manager, Internal Communications, PepsiCo Asia Pacific Region; Emily De, Education Program Officer, UNESCO; and Mansoor Ali, General Manager of Myanmar/ Cambodia/ Laos, PepsiCo received the recognition award.
The Centre of Excellence in Business Skills Development program (CEBSD), established as a ground-breaking partnership between PepsiCo, Yangon University of Economics, and UNESCO received an American Chamber of Commerce ACE award, recognizing best-in-class work in corporate social responsibility (CSR). At Yangon’s Chatrium Hotel Royal Lake on November 21, 2016, PepsiCo together with sixteen other companies were honored for their exemplary CSR programs and the dedication to improving the communities based on the following four criteria: (1) Attention to business objectives and societal needs; (2) Creation of long-term economic and social gains; (3) Communication and sharing of best practices; and (4) Program sustainability.
CEBSD is the first initiative for public-private partnership in education in Myanmar to respond to the identified needs of unemployed youth, by helping to pave the way into the world of work through career counselling, networking opportunities, and targeted training in business and employability skills. The CEBSD provides a model for how relevant, interactive, skills based training can be developed and delivered working with the business and education sectors in Myanmar. As of 2016, more than 700 youth received certificates from courses including business skills development and 1500 students benefitted from skill workshops, seminars, and conferences.
Prior to the award ceremony, Beth Porter, the Senior Manager for Internal Communications at PepsiCo Asia Pacific Region, was warmly welcomed to the Centre. CEBSD staff took the opportunity to show students in action during Financial Literacy and Business Skills Development classes, and Beth cordially met the students and encouraged them for their studies and future careers. Afterwards, Beth and faculty members of Yangon University of Economics, including the Rector and Heads of Departments, discussed the work of the Centre and further collaboration. Lecturers from the YUE Management Department and CEBSD alumni presented in this occasion and shared the strong impact of their experiences teaching and learning at CEBSD.
CEBSD believes that the key to driving the country towards a better future is to enrich and build the capacity of the youth, who will in turn benefit Myanmar’s society as a whole. CEBSD will continue to build the skills of youth for the benefit of the country’s future.