A Case Study Analysis of The Men’s Wearhouse
Value based Leadership
Module 6 LDR 825
Grand Canyon University
Through an industry policy custom-made for advancement, The Men's Wearhouse has produced modifications even a haberdasher would be struggling to ensue. Serving as one of the major reduction dealers of men's corporate and ceremonial apparel with over eleven hundred storehouses all over North America, the Men's Wearhouse retails cut-rate custom-made suits, in addition to casual wear, formal wear and shoes.
Vision, Mission, and Values of the Men’s Warehouse
The Men's Wearhouse, Inc. is one of the most thriving gentlemen's department storehouse franchises in the U.S, that dominate the male tailor-made fashion field. It has achieved this by providing men with a relaxed environment to purchase high end style clothing at below chain store prices. To entice males, who especially loathe shopping, the depositories were positioned in chic centers close to consumers’ households and employment, eradicating the need to walk through huge shopping malls. Well-skilled, employees provide excellent advice, with fitters in every single store and customers have the luxury of getting their purchases tailored for the lifetime of the garment. The mixture of these features as well as hard-hitting broadcasting and TV marketing contributed to a regular increase in purchases and profits in an extremely shattered industry. The chain operates TV and broadcasting advertisements starring founder George Zimmer, and the often - repetitive catchphrase, "You're going to like the way you look; I guarantee it."
Shared values, solidarity, and the philosophy of servant-leadership are the foundations upon which the business is created. That foundation, united with an entertaining and domestic like environment, makes the Men's Wearhouse a fantastic place to be employed. The business is also totally devoted to equivalent employment opportunities in values and as well as rules and procedures. This guarantee is a contract of non- inequity in all facets of work. The employee policies and procedures offer equal opportunities to all to apply without regard to ethnic groups, color, gender, origin, faith, veteran rank, age, orientation of sex, disabilities, or matrimonial status.
Company's value-based leadership practices
The Men’s Wearhouse retails clothing, however it is their staff that are the core of their company with their employee centered climate of culture. The standard is that there is no worthier path achievement than to produce and promote an atmosphere in which their individuals can develop, succeed, and prosper. Culturally the company is instituted on a primary set of values that include fostering originality, developing collectively, acknowledging faults and errors, encouraging a favorable and healthful standard of living, improving a sense of society, and determination in becoming self-sufficient individuals. The company believes that their remarkable achievement through the years is linked directly to fulfilling their core ethic and morals in addition to their influence in their pledges to staff, consumers, merchants, stockholders, and community.
Opportunities for Promotion
There are great opportunities for advancement team members at the Men’s Wearhouse. Even though there is more than five hundred plus stores currently, the company is constantly developing at the rate thirty retail stores per year. With this kind of growth, along with an assertive purchasing program, innovative opportunities are generating cross country or motivated staff, particularly since the Men’s Warehouse mainly promotes within the company. Their strategy of promoting internally is a significant factor of their company philosophy and has been an essential component in their...