creating a community of purpose. it’s a revolution! traditional supermarkets factory foods...
TRANSCRIPT
Creating a Community of Purpose
It’s a REVOLUTION!Traditional
Supermarkets
• Factory foods
• Cut-price promotions and coupons
• Supplier advertising
Whole Foods• PREMIUM FOOD that's
good for people
• It’s good TASTING
• It’s good for the ENVIRONMENT
SHARING Is Caring!• Traditional customers
– Birkenstock-wearing, Volvo-driving, tree huggers
• 1980s -consumers became more aware of pesticides and chemicals in food supply
• Consumers now– Hip– Health conscious
It’s PROFITABLE
& GIVING!
Whole Foods operates 194 stores and generates nearly $6 Billion a year in sales.
Making it the most profitable food retailer profit per square foot.
It’s MANAGING!• Distinctive management practices
• Employee empowerment
• Spirit of community
• "Whole Foods, Whole People, Whole Planet“ mentality
It’s Management INNOVATION!
• Principles matter
• Biggest obstacle for management innovation may be preconceived beliefs about management
• Resolving intractable trade-offs
It’s CHANGING the Game!
Freedom & Accountability
Teams are everything
TrustWhere does the money go?
EquityWe’re all in this together
PurposeBased on love instead of
fear
Mission StatementWe want to improve the health and well-being of everyone on the planet through higher
quality foods and better nutrition.