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2023 Internal Employee Red Book

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<strong>2023</strong><br />

Connect.<br />

Build.<br />

Win.<br />

gether


What We<br />

Stand For<br />

What We<br />

Strive to Be<br />

How We Work<br />

How We<br />

Connect<br />

How We'll<br />

Win!<br />

Welcome to a tiny book<br />

about big ideas and how<br />

we’re going to win in<br />

<strong>2023</strong>. Here you’ll find out<br />

more about:<br />

What We Stand For<br />

What We Strive to Be<br />

How We Work<br />

Together<br />

How We Connect<br />

How We'll Win!<br />

2<br />

3


Everything around us is<br />

changing, transforming, and<br />

shifting in new directions faster<br />

than perhaps ever before in Kids2<br />

history. This includes the needs<br />

of our parents globally. For us to<br />

serve families in meaningful ways<br />

in <strong>2023</strong> and beyond, we must also<br />

continue changing, transforming<br />

and innovating.<br />

Parents are looking for real<br />

solutions: products, content, tech,<br />

community, and more. We’re on a<br />

mission to build an interconnected<br />

ecosystem to meet these needs<br />

and revolutionize the way the<br />

industry connects with families<br />

around the world. To be a solutions<br />

company.<br />

To do this, we have to<br />

authentically Connect. So we<br />

can Build something great<br />

which allows everyone in our<br />

ecosystem to Win.<br />

The Kids2 Group delivers spoton<br />

solutions that make raising<br />

a child easier, with the best<br />

and brightest minds, teams,<br />

and partners paving our path<br />

forward. We’re creating fresh<br />

opportunities for growth and<br />

success across all facets of<br />

our business which ultimately<br />

benefit the families we serve<br />

around the globe.<br />

We’re grounded in our core<br />

values and we’ll never stop<br />

meeting challenges and pushing<br />

boundaries for our global village<br />

of parents so they can Win in<br />

their parenting journey.<br />

4 5


What We<br />

Stand For<br />

Physical<br />

challenges<br />

We know being a new<br />

parent is really hard,<br />

especially in our fastpaced,<br />

everchanging<br />

world.<br />

Everything we do is<br />

focused on making<br />

it easier.<br />

Financial<br />

pressure<br />

Emotional<br />

stress<br />

New<br />

decisions<br />

Self<br />

doubt<br />

Relationship<br />

issues<br />

6<br />

7


Even as the world changes<br />

around us, what we’re<br />

grounded in will not change.<br />

At Kids2, we believe in<br />

two things:<br />

1<br />

2<br />

Tiny<br />

Wins<br />

Bright<br />

Futures<br />

Bottom line...<br />

we're in the<br />

business of<br />

finding ways<br />

to make it<br />

easier for<br />

parents to<br />

create more<br />

tiny wins.<br />

8<br />

9


We Strive<br />

To...<br />

The Kids2 Group works together<br />

to make futures brighter for<br />

everyone across our ecosystem.<br />

<strong>Red</strong>efine our<br />

industry by creating<br />

not just products, but<br />

holistic solutions for<br />

early stage parents<br />

that transcend<br />

borders, categories,<br />

and aisles.<br />

Content and<br />

Resources<br />

Investing<br />

in<br />

Parents<br />

Product<br />

Design/<br />

Innovation<br />

Product<br />

Manufacturing<br />

and Assembly<br />

Partnerships<br />

10 11


Kids2<br />

Designer of developmental<br />

toys and gear for ages 0-3<br />

with our marquee brands<br />

Kids2<br />

Partners<br />

Strategic relationships<br />

delivering unique<br />

solutions and products<br />

Winvention<br />

Our soley-owned factory<br />

building tiny wins for<br />

families across the globe<br />

parent<br />

collab<br />

An exclusive partnership<br />

between Kids2 and parent<br />

innovators who have<br />

created unique, scalable<br />

solutions for families.<br />

Hello<br />

Einstein<br />

Studios<br />

Our media company<br />

providing valuable<br />

content and aging up Baby<br />

Einstein <br />

parent co.<br />

Connecting a global<br />

village of parents<br />

12 13


We know that<br />

families are<br />

craving more<br />

(and better!)<br />

content.<br />

We deliver on that through<br />

content and resources that<br />

brings value.<br />

Content and<br />

Resources<br />

14<br />

15


Hello Einstein Studios creates<br />

original content that extends our<br />

mission of igniting children’s curiosity<br />

as they grow from inquisitive babies<br />

into independent explorers.<br />

Baby Einstein Classics<br />

Well-loved classic Baby Einstein <br />

episodes made available on<br />

streaming platforms<br />

Manners Manor<br />

Introduces the importance of<br />

manners, like saying “thank<br />

you” and giving compliments.<br />

Cal's Sound Yard<br />

A new animated series from Baby<br />

Einstein that introduces alphabet<br />

letters and the sounds they make.<br />

Sandbox<br />

Introduces families to Baby<br />

Einstien characters and<br />

storylines that will inspire and<br />

inform product.<br />

Patch's Number Forest<br />

& Counting with Earl<br />

Introduces children to the forms<br />

and basic concepts of numbers.<br />

"Ocean Explorers"<br />

Like Sandbox, Ocean<br />

Explorers will feature<br />

storylines that inspire and<br />

inform product.<br />

16 17


Co. means "together,<br />

shared, alongside."<br />

Before parents are parents, they’re people. With<br />

complex wants, needs, hopes, and desires. We<br />

believe taking care of that person—mentally,<br />

emotionally, and physically—is a vital part of<br />

taking care of children.<br />

Parent.Co is a digital platform that connects<br />

parents from around the world as they navigate<br />

the experience of raising a child, while nurturing<br />

their own best selves.<br />

Our readers value community and personal<br />

wellness. We separate ourselves from our<br />

contemporaries and competitors by creating<br />

content that is inclusive of all parents—moms<br />

and dads; biological and adoptive; single and<br />

partnered; and all sexual orientations.<br />

Parent.Co appeals to the whole parent, providing<br />

advice and support for all aspects of life.<br />

18 19


Brilliant<br />

Minds,<br />

Brilliant<br />

Solutions.<br />

It’s in our DNA to support parent<br />

inventors. In fact, that’s how Kids2<br />

got started 50+ years ago when<br />

a grandma created the first foam<br />

bathmat so her grandbabies wouldn’t<br />

slip in the tub. Afterall, parents know<br />

best what parents need.<br />

The parent collab believes parents themselves<br />

have the best inspiration, initiative, and<br />

knowledge when it comes to dreaming up new<br />

solutions for families and bringing them to life.<br />

We support parents on their entrepreneurial<br />

journeys and help transform dreams into reality.<br />

parent collab is proud to curate a unique family of<br />

brands that inspire us and align with our values.<br />

Because when it comes to supporting families,<br />

parents know best what parents need.<br />

We know firsthand that there are<br />

ingenious concepts being dreamed<br />

up around the world, and we love<br />

discovering them—and bringing them<br />

to the world.<br />

20<br />

21


All of these<br />

(big) tiny wins<br />

created are<br />

only possible<br />

through our<br />

team members<br />

working<br />

together<br />

every day<br />

and working<br />

seamlessly<br />

with our<br />

partners.<br />

We get it. We’re<br />

parents, future parents,<br />

grandparents, and<br />

caregivers.<br />

We experience the same<br />

emotions, fears, and joys as<br />

the parents we serve. We<br />

fuel our energy, empathy,<br />

and passion into delivering<br />

the right solutions.<br />

Each tiny win created by our<br />

team members leads to a<br />

brighter future for families<br />

everywhere—including<br />

Kids2, our partners, and<br />

each other.<br />

22<br />

23


How<br />

We Work<br />

Together<br />

We’re not perfect, but we know what<br />

we want to be when we grow up and<br />

how we want to play together. Our<br />

core values provide the direction, and<br />

our Kids2 Way Fundamentals show us<br />

how to get there.<br />

Collaborative<br />

Dedicated<br />

Entrepreneurial<br />

Fun<br />

• Demonstrate a design mentality<br />

• Do the right thing, always<br />

• Make a difference<br />

• Be proud of your work<br />

• Think globally<br />

• Practice blameless<br />

problem-solving<br />

• Get clear on expectations<br />

• Listen generously<br />

• Think team first<br />

• Be process driven<br />

• Collaborate<br />

• Be fanatic about<br />

response time<br />

• Honor commitments<br />

• Speak straight<br />

• Be relentless about<br />

improvement<br />

• Pay attention to details<br />

• Be a brand ambassador<br />

• Compete to win<br />

• Take ownership<br />

• Think and act like an owner<br />

• Own your work life balance<br />

• Embrace change<br />

• Look ahead and anticipate<br />

• Assume positive intent<br />

• Show meaningful<br />

appreciation<br />

• Keep things fun<br />

• Be positive<br />

• Walk in your customer’s shoes<br />

• Share information<br />

• Be inclusive<br />

24 25


It’s always been clear to us...<br />

we are at our best when our<br />

team members, brands,<br />

partners, and suppliers reflect<br />

the global families we serve<br />

every day and when each of us<br />

feels empowered and accepted<br />

to be our full, authentic<br />

selves at work and in our<br />

communities.<br />

26 27


How We<br />

Connect<br />

Our culture of<br />

connection doesn’t live<br />

only within our walls.<br />

It goes way beyond<br />

us and radiates<br />

worldwide.<br />

We are family.<br />

Our ecosystem of partners,<br />

parents, and people ensures<br />

we’re connecting with every<br />

family wherever they are.<br />

By delivering access to<br />

information and resources<br />

for dynamic content and<br />

edutainment for kids and<br />

grown ups, we’re providing<br />

value, creating access, and<br />

building a great community.<br />

28<br />

29


How we<br />

Build<br />

Always growing our community<br />

to better connect with<br />

our parents.<br />

The ways we connect are almost endless.<br />

Every person, company, and brand we<br />

touch is part of our community. And it<br />

continues to grow in new and unique<br />

ways. Why? So we can build something<br />

great for the parents we serve around<br />

the globe. We’re with them on their<br />

journey—with our army of partners.<br />

30 31


We're on a<br />

mission to<br />

connect with &<br />

deliver holistic<br />

solutions to<br />

1Billion<br />

parents<br />

around the<br />

world & then<br />

keep growing<br />

these<br />

connections.<br />

32


These big<br />

tiny wins are<br />

the fuel to<br />

our bright<br />

future.<br />

But it's not created<br />

overnight, and we’re<br />

nowhere near done<br />

yet. All of these<br />

tiny wins ladder up<br />

to a much bigger<br />

picture…<br />

34 35


How<br />

We'll<br />

Win!<br />

gether.<br />

We will<br />

Connect.<br />

Build.<br />

Win.<br />

And to win, you have to know<br />

where you want to be today<br />

and tomorrow. That’s why<br />

we’re thinking 10 years out and<br />

put a stake in the ground. We’ll<br />

grow to connect with more<br />

than 1Billion parents around<br />

the globe and be a $1Billion<br />

parent-family solutions<br />

company.<br />

36<br />

37


We're not done growing...and<br />

we've got big plans to get BIG.<br />

Our path to $1B starts with the next three years. Our strategy:<br />

Expand<br />

Global<br />

Reach<br />

We’re leaning in and going full force to accelerate our Global<br />

opportunities through new channels, establishing a scalable<br />

infrastructure to support our growth and enhancing brand<br />

awareness for our marquee brands.<br />

One click at a time, we're amping up our forecasting and supply<br />

plans, content creation, performance marketing and other demandgenerating<br />

activities on Amazon to help our products be more<br />

discoverable; building the biggest, boldest self-expression of our<br />

brands and products-driving major category growth.<br />

Premier<br />

Retail<br />

Group<br />

Born at the intersection of expertise and innovation, we will create<br />

curated omnichannel retail experiences, drive profitable growth for<br />

customers, and offer holistic solutions for parents and gift givers.<br />

We’re maximizing our core businesses by igniting our brands and<br />

adding categories in new and more channels and growing our<br />

current winning areas, so that the Kids2 brands that people know<br />

and love continue to grow bigger, better, and brighter.<br />

38 39


Our Top 10 Priorities in<br />

<strong>2023</strong> fueling our 10x10 Vision<br />

and Pillars<br />

40 41


Together our tiny<br />

wins can transform<br />

the lives of parents<br />

all over the world.<br />

42 43


Let’s<br />

Connect.<br />

Build.<br />

Win.<br />

gether.<br />

44<br />

45

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