Whole Food Market 2008 Vision, Core Values & Strategy

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Whole Food Market 2008;

Vision, Core Values &


Strategy
Achmad Wibowo
Hellen
Arief Sumawan

0600673186
0940000175
0940000181

Background

Founded in Austin Texas on 1978 by John


Mackey & Renee Lawson Hardy
1980 the opening of the original Whole Foods
Market with 10,500 M2 and 19 staff
1981 worst flood in Austin, they loss
$400,000,- no insurance covering
1984 2004 is expansion period. Expanded to
Canada in 2002 and UK 2004

Background

August 2007: A federal judge cleared the way for Whole


Foods to merge with its rival Wild Oats Markets Inc.,
discounting recent arguments that the reduced competition
would lead to higher prices.
March 2009: Federal judge orders the divesture of Wild Oats
Market as well as one of Whole Foods existing stores.
December 2009: In a December 24, 2009 filing with the U.S.
Securities and Exchange Commission, Co-founder and CEO
John Mackey voluntarily gave up his chairmanship, a
position he's held since Whole Foods' inception in 1978. John
Mackey will still remain on the board of directors. The new
chairman will be John Elstrott

Vision

Mackey's ideas about business and society


reveals a vision is mega-chain retailing that
involves strategic swallowing up (or driving
out of business) of smaller retail competitors.
It is a business model that objectively
complements the long-term industrialization
of organics (that is, large-scale corporate
farms) over small family farms

Vision

Whole Foods Market is a dynamic leader in the


quality food business. We are a mission-driven
company that aims to set the standards of excellence
for food retailers. We are building a business in
which high standards permeate all aspects of our
company. Quality is a state of mind at Whole Foods
Market.
Our motto Whole Foods, Whole People, Whole
Planet emphasizes that our vision reaches far
beyond just being a food retailer.

Values

Selling the Highest Quality Natural and Organic Products


Available
Satisfying and Delighting Our Customers
Supporting Team Member Happiness and Excellence
Creating Wealth Through Profits & Growth
Caring about our Communities & Our Environment
Creating ongoing win-win partnerships with our suppliers
Promoting the health of our stakeholders through healthy
eating education.

Strategy

Customer satisfaction
Team Member excellence and happiness
Return on capital investment
Improvement in the state of the environment
Local and larger community support

THANK YOU

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