MG301
2/5/2015
Case 1: Trader Joe’s
1. The most important managerial skill for a store Manager at Trader Joe’s is to have critical thinking abilities. In order to effectively handle the day in and day out procedures it is important for the manager to be able to solve problems with accurate information, because in any event of a posed threat or accident, the manager must be able to perform adequately. Also, it is very important the manager is able to analyze the ways for which enhancement, and modernizing the workplace, are most attainable. Having effective judgment is also important, as this is crucial when making employment decisions, deciding what to purchase, and how to be of better service to the consumer.
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At Trader Joe’s the keys for a team leader to become an effective manager must begin with having basic technical skills, or the ability to perform given tasks in an effective manner. Next, it is imperative the potential manager possesses the human skills necessary to appropriately interact with others. This task incorporates having ample amount of emotional intellect, due to the array of relationship building on a regular basis. The relationships managers share range from corporate relations with those higher up in the company, to team relations, dealing with individuals on a daily basis. Finally, the incoming manager must contain conceptual skills necessary to analyze gathered information, and further to put to work the problem solving strategies needed to function on an ongoing basis within the bounds of the corporation. All of the stated skills are crucial in order to effectively manage; however, the most important of them all is to have the ability to communicate with those about you and handle all situations as if you have handled them a thousand times …show more content…
According to Trader Joe’s company site, they have three main competitors: Whole Foods, the Kroger Company, along with Safeway Inc. Company. All of these companies seem to be reputable grocers; however, none seem to have the successes as that of Trader Joe’s. According to an article written in Forbes magazine, their competitive advantage seems to rest in their “immigrant perspective” and “…circular vision to food retailing.” The immigrant perspective offers the idea of seeing all of the opportunity in each and every circumstance. The circular vision is referring to having the management strength to see the realistic viewpoint of the company. It is important to be able to anticipate all of the positive and negative aspects in the company’s business model, along with effectively managing subtle changes along the