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Whole Foods

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Whole Foods. Bao Vu. Kaitlin Conz. Lindsay Stark. Daryl Swanson. Mike Herald. Company ... Improving Whole Foods. Extend marketing to college student segment ... – PowerPoint PPT presentation

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Title: Whole Foods


1
Whole Foods
  • Bao Vu
  • Kaitlin Conz
  • Lindsay Stark
  • Daryl Swanson
  • Mike Herald

2
Company Background
  • Founded in 1980 and currently has 187 stores
    across the US and UK.
  • Was ranked 15th in 2006 on the Fortune 100 list
    of Greatest Companies to work for and has been on
    the list since 1998.
  • Publicly traded on the NASDAQ under the symbol
    WFMI.

3
Vision, Mission, Objective
  • Vision
  • Highly selective about what they sell
  • Dedicated to stringent quality standards
  • Committed sustainable agriculture.
  • Mission
  • Whole Foods, Whole People, Whole Planet
  • Objectives
  • Supports organic farmers
  • Recycles, reuses, and reduces waste
  • Uses alternative energy
  • Uses green building techniques

4
Internal Environment
Value Chain
Human Capital
  • Primary Activities
  • Inbound logistics
  • Operations
  • Marketing Sales
  • Service
  • Support Activities
  • Procurement
  • Technology Development
  • Human Resource Mgmt
  • General Administration
  • Responsibilities
  • Benefits
  • Innovation Ideas
  • Empowering Work Environment
  • Employees Team Members
  • Promote work/life balance

5
External Environment
Six Factors
Porters Five Forces
  • Demographic
  • Sociocultural
  • Political/Legal
  • Technological
  • Economic
  • Global
  • Threat of new entrants- Medium
  • Power of Buyers- Medium
  • Power of Suppliers- Low
  • Power of Substitutes- Medium
  • Rivalry among competitors- Medium

6
Strengths And Weaknesses
Strengths
Weaknesses
  • Differentiated
  • Employee Satisfaction
  • High Quality Standards
  • Sustain Local Agriculture
  • Environmental conscious
  • Too differentiation
  • Lack adequate marketing
  • Too expensive for cost conscious
  • Distribution chain in need of improvement

7
Improving Whole Foods
  • Extend marketing to college student segment
  • Introduce a few sales to spark interest and allow
    consumers to experience high quality at a low
    price
  • Visually change layout of store to increase
    comfort
  • Integrate commercial and local supplier
    distribution change
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