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Whole Foods Market

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Whole Foods Market
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Business Policy and Strategic Management
Spring 2009

Team C

TABLE OF CONTENTS
Section 1: Case Study of Whole Foods 1 1.1 Historical Background 1 1.2 Organization Mission 1 1.3 The External Environment 2 1.3.1 Remote Environment 2 1.3.2 Industry Environment 3 1.3.3 Operating Environment 3 1.4 The Internal Environment 4 1.5 Generic Strategy 4 1.6 Long-Term Objectives 5 1.7 Grand Strategies 6 1.8 Short-Term Objectives 6 1.9 Functional Tactics 7 1.10 Strategy Execution Policies 8 1.11 Executive Bonus Compensation Plans 8 1.12 Organizational Structure, Culture, and Leadership 9 1.13 Strategic Control 10 1.14 Innovation 10
Section 2: Identification of Key Strategic Issues for Whole Foods 11
Section 3: Analysis and Evaluation of Whole Foods 12 3.1 The External Environment 12 3.2 Industry Analysis 12 3.3 Internal Analysis 14 3.3.1 Resource-Based View 14 3.3.2 Value Chain Analysis 15 3.4 SWOT Analysis 16 3.5 Mission Statement Analysis 16 3.6 Generic Strategy Analysis 17 3.7 Long-Term Objectives Analysis 19 3.8 Grand Strategy Analysis 20 3.9 Short-Term Objectives Analysis 21 3.10 Functional Tactics Analysis 22 3.11 Strategy Execution Analysis 23 3.12 Executive Bonus Compensation Plans Analysis 23 3.13 Organizational Structure, Culture, and Leadership Analysis 24 3.14 Strategic Control Analysis 25 3.15 Innovation and Entrepreneurship Analysis 25
Section 4: Recommendations 27 4.1 Major Insights of External Analysis 27 4.1.1 Remote Environment 27 4.1.2 Industry Environment 28 4.1.3 Operating Environment 29 4.2 Major Insights of Internal Analysis 30 4.3 Mission Statement 30 4.4 Generic Strategy 31 4.5 Long Term Objectives 32 4.6 Grand Strategies 32 4.7 Short Term Objectives 34 4.8 Executive Compensation 35 4.9 Effective Strategy Implementation 36 4.10 Control Recommendations 37 4.10.1 Premise Control


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