Strategic Initiatives, And Whole Foods Market - 1198 Words

FRLD, Specific Strategic Initiatives, and Whole Foods Market Full Range Leadership Development (FRLD) is the highest version of developmental leadership there is that integrates the full range actions of the most effective leadership behaviors. Transformational Leadership is a component of FRLD that considers to be the most effective and applicable because its’ features offer leaders the ability to inspire, empower, and encourage followers, while supporting progressive changes in teams and groups. Kendra Cherry, Psychology Expert, asserts that â€Å"Transformational leaders tend to be emotionally intelligent, energetic, and passionate. They are not only committed to helping the organization achieve its goals, but also to helping group members†¦show more content†¦The company’s mixture of collective knowledge and core capabilities in the natural food industry has allowed Whole Foods the competency to not only establish a solid brand recognition in this market, but has afforded them the opportunity to remain competitive in the grocery industry. Their effective organizational development, integrated with the team of five senior executives, who function as a CEO team, collaboratively make decisions in all facets of the company’s strategic initiatives. This strong leadership style has flowed through the company’s’ existence from the moment of its business inception, and is the foundation of how departments throughout all Whole Foods chains are run as well. For example, â€Å"The team’s decision-making process at Whole Foods Markets is quite intense, somewhat like a military operation†¦Even if they have a formally designated team leader, leadership on the team is shared with everyone. This is how Whole Foods Markets enables its employees to become profit-conscious and highly empowered self-managing team members† (Sosik Jung, 2010, p. 294). This successful team approach culture is one of the core competencies that has influenced the effective and positive actions of leadership and the employee’s behaviors when accomplishing strategic initiatives, and has playedShow MoreRelatedEssay on Whole Foods Market in 20101265 Words   |  6 PagesResponse Whole Foods Market in 2010: Vision, Core Values and Strategy Submitted for MGT 622 (Section 90) Strategic Management Dr. Tara Davis By: Michael Bond May 26, 2013 As you read about Whole Foods and their specific strategies what struck you as positives and/or negatives. Are there certain strategic elements that were particularly insightful about what Whole Foods does? Are there any glaring weaknesses that could jeopardize their success? â€Å"Whole Foods Market was foundedRead MoreWhole Foods Market Is A Supermarket That Carries Natural And Organic Foods990 Words   |  4 Pages Whole Foods Market, Inc is a supermarket that carries natural and organic foods. The company was founded by John Mackey, and Renee Lawson Hardy, who were owners of Safer Way Natural Foods. The other founders are Craig Weller and Mark Skiles who were owners of Clarksville Natural Grocery. They opened their first store in Austin Texas in 1980. In 1992 they completed their initial public offering and under NASDAQ Global Select Market they have the symbol of WFM. As of 2015 they have 431 storesRead MoreCase Study : Whole Foods Market1370 Words   |  6 PagesMangement-4013 Assignment Title: Whole Foods Market Report by: Kiranpal Mann Student #: c0645417 Date: 1st March 2016 Table of contents 1.Factors to Consider in Strategic Planning Development†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 2-Individual Work DivisionRead MoreStrategic Initiative Paper Fin/3701726 Words   |  7 PagesStrategic Initiative Paper FIN/370 Abstract McDonald’s has been in business since 1955. Through many years of great strategic and financial planning, it has become one of the most successful food chains in the world. In order to continue its great success, McDonald’s must continue to adapt to change. In this paper we will discuss the strategic and financial planning that would be necessary to keep McDonald’s on top of the food chain. Read MoreEssay on Whole Foods Market748 Words   |  3 Pagesï » ¿Whole Foods Market: 2010 How to Grow in An Increasingly Competitive Market? Patricia Harasta and Alan N. Hoffman A Case Study Analysis Antonia Jackson MBA Dr. Pamela Barnes 13 October 2013 I. Introduction Whole Foods Market is one of the biggest organic and natural whole food suppliers in the world. They provide a wide variety of select foods that are without hormones or antibiotics and are stamped with the U.S. Department of Agriculture’s stamp of approval. They value the fact thatRead MoreThe Potential Success For Acc s First Product Essay1456 Words   |  6 Pagesfirst product â€Å"Aspire†. After analyzing the strategic issues, strategic goals, and strategic initiatives, I developed some beneficial recommendations for you. My recommendations are to support ACC â€Å"Aspire† and apply transnational strategy to defined the corporation global vision into the local market. It will reflect on the current model of global brand and local touch. Strategic Issues From the information that was provided, I’d prioritized strategic issues for Acer, Inc. based on urgency levelRead MoreWhole Foods Market, Inc.1304 Words   |  6 Pages Whole Foods Market, Inc. (WFM) was founded in Austin, Texas and is a supermarket chain concentrating in organic and natural foods. John Mackey, Rene Lawson Hardy, Craig Weller. The first store opened on September 20, 1980. Whole Foods Markets are located in the United States, Canada and the United Kingdom. Since 1980, Whole Foods Market has remained committed to upholding their missions and values within their company. Whole Foods Market’s motto—â€Å"Whole Foods, Whole People, Whole Planet—emphasizesRead MoreBusiness1024 Words   |  5 PagesWoolies Strategies Woolworths is a supermarket with 84% of group sales being in food and liquor. This outline focuses on the supermarket and food retailing operations of this company. Woolworths quickly established itself as one of the major players in the supermarket industry and has been rated as Australia’s premier retailer . Woolworths has annual sales of almost $45 billion and continues to expand and lift profitability despite significant competition and daily challenges. Woolworths’ core businessRead MoreCorporate Social Responsibility1367 Words   |  6 Pagesterms of Corporate Social Responsibility. Reports that are published are not well integrated in the annual financial statements and are often not verified by external auditors. However, more and more companies adopt standards of the Global Reporting Initiative (GRI) and become more and more aware of the importance of these issues. In identifying businesses that embrace a CSR concept, the TRIGOS award for companies with good CSR offers a well known and reliable source of information. Although Porter andRead MoreAFP Versus Jollibee Food Corporation1605 Words   |  7 PagesFriedman, he summarizes the fundamental principle of strategic planning as hope for the best, plan for the worst. Strategic planning, simply defined, is a systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.XX It is the organization†s method of defining its strategy or direction, and allocating its resources to pursue this strategy. â€Å" The AFP Strategic Planning System is the primary means by which