Patrick Arnason MGMT 475 Paper #1 1/23/12 Ensuring Whole Food ’s Future The organic foods giant originated in 1978 as a simple dream by its CEO and founder John Mackey: to do something different with food. His vision first began with the simply realization of food ’s importance in personal well-being. It all began as a humble storefront in Austin Texas‚ Mackey and his then girlfriend‚ Renee Hardy‚ who made everything from scratch and helped develop this grocer empire. Together‚ their budding
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focus on these principles and businesses Whole Foods Market is a shining example of a good company with an institutional perspective. From 2006 to 2010‚ she has expanded her business and see Mkhoznhm are almost twice 186-299 and the company will increase from 5.6 billion in Figure 9B sale. This success came with the obligation to give something back to support the core values of the society‚ such as health stakeholders through education‚ healthy food and sustainable agriculture‚ reduce‚ reuse
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Whole Foods Case Analysis 1. The chief elements of the strategy that Whole Foods Market is pursuing are whole foods‚ whole people‚ and whole planet. The whole foods portion describes the type of product being offered. The products are as close to natural as possible. Whole people describe the type of environment the employees have at Whole Foods Market. The employees are treated fairly‚ passionate‚ and highly motivated. Lastly‚ whole planet refers to the responsibility companies and individuals
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Leader in Organic Foods Customized facilities. Incentive system for Employees Weaknesses High prices Large store size Opportunities Growth through Achievements Increasing attractiveness of health food industry Brand image through community sponsored events Threats Local grocers increasing organic food options Large store size preventing “in and out” consumers Economy troubles: customers switching to lower cost products Strengths One of Whole Food’s strengths is
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that Whole Foods Market is pursuing ? ANS: After reading the case‚ I think that they are using acquisition as their main element of strategy. As the Exhibit 4 “1992-2007 Major Acquisition by Whole Foods Market” shown‚ they had bought 134 stores in 15 years. Their goal is to open bigger store but at the same time acquiring others stores‚ although the acquisition of Wild Oats didn’t go well since 2007 because the FTC opposed the acquisition on ground that the competition of the organic food market
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Case 1 Whole Foods Market in 2008: Mission‚ Core Values‚ and Strategy This case was written to (1) illustrate the CEO’s role as chief strategist and organization leader‚ (2) demonstrate how a company’s business principles and core values can link tightly to and drive a company’s strategy and operating practices‚ and (3) give students practice in evaluating a company’s direction and strategy in the context of a fast-emerging segment of an important industry. The case requires that students draw
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INTRODUCTION: Founded in 1987‚ Wild Oats Markets‚ Inc. is a leading natural and organic foods retailer in the United States. Headquartered in Boulder‚ Colorado‚ the company operates over 100 natural food stores in 25 states and Canada under several names‚ including Wild Oats Natural Marketplace‚ Henry’s Farmer’s Market‚ Sun Harvest Farms‚ and Capers Community Market. The owners‚ Michael Gilliand and Libby Cook‚ lacked experience in the natural/whole foods market and the first store got off to a slow
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monastery’s coffee operations? Whole Foods 1. What are the chief elements of the strategy that whole foods market is pursuing? 2. Is whole foods strategy well matched to market conditions in the food retailing industry? 3. Do you think John Mackey has a good strategic vision for whole foods‚ why or why not? 4. What do you like or dislike about the company’s mission or vision "whole foods‚ whole people‚ whole planet?" 5. Do whole foods market core values really matter
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Crafting & Executing Strategy Whole Foods Your Report will be evaluated on the quality of your ability to: 1. Appropriate use of Executive Summary‚ Introduction and Conclusions 10 marks • Demonstrate ability to appropriately capture key recommendations and overview in an Executive Summary. Proper use of an introduction to capture the main aspects of the body of the report and a concise conclusion. 2. Answers to the Questions Posed in Case Study/Presentation 50
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1. What are the chief elements of the strategy that Whole Foods Market is pursuing? 2. Is Whole Foods’ strategy well matched to recent developments and conditions in the natural and organic foods segment of the food retailing industry? 3. Do you think John Mackey has a good strategic vision for Whole Foods? Why or why not? What do you like/dislike about the company’s “Whole Foods‚ Whole People‚ Whole Planet” motto? Do the motto and the principles under lying the motto really matter at this
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