John Mackey: Whole Foods Market From the information given in the Case Study‚ I’m not sure that there was a very large role played by McGregor’s Theory Y. From what I learned about the employees at Whole Foods is that management hires good people‚ make sure they are well trained‚ and flourish in the workplace. While these do factor in to Theory Y‚ without any other information on the employees‚ I don’t feel that there is quite enough evidence to say that it plays a large role in Whole Foods Market
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Eric Smith Christine Hill Organizational behavior January 24‚ 2013 Case Analysis: John Mackey‚ Whole Foods Market 1. What role‚ if any‚ does McGregor’s Theory Y play at Whole Foods? Explain. According to Kreitner and Kinicki (2013) McGregor contrasted two views on human nature by insisting that Theory Y assumes that people are more positive at work‚ and believed managers could accomplish more by viewing employees as such (p.9). The other outdated theory‚ is Theory X‚ which is a more
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John Mackey‚ Cofounder and Co-CEO of Whole Market‚ Believes in "Conscious Capitalism" (pp. 29 & 30) What role‚ if any‚ does McGregor’s Theory Y play at Whole Foods? Explain. Mackey clearly took notes on McGregor’s theories on how and why people are the way they are at work. He took more to the Theory Y side: the moral and loyal view of people at work. Mackey feels that he and the company are viewed and based on the more heroic side of things‚ meaning that he aims to not only provide to the world
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Wild Oats Company and its management team. On the other hand‚ Mackey spoke highly of Whole Foods‚ his own company. Mackey
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Conscious Capitalism - The "not-so-secret" sauce of Whole Foods™ The last book of co-CEO Whole Foods Market™ (WFM)‚ John Mackey questions what the main purpose of corporations is. The great financial results of WFM™ in 2012 generated + 1 Billion in EBITDA‚ 25 new stores opened and a strong position as the America’s healthiest grocery store indicates the strategy and philosophy of Mr. Mackey ’ s view of corporations in society is contributing to the organizational success of the 30-years old company.1
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John Mackey‚ the Founder of Whole Foods Market‚ ended a dual-CEO role that he shared with Walter Robb for the past six years. Mackey‚ who started Whole Foods market in 1980‚ once again became the sole CEO and Robb will step down on December 31‚ 2016 to become a board member and adviser. A “perceived conflict” occurred within Whole Foods Market when the company started experiencing lagging profits. While the Board of Directors wanted to “streamline” the administrative chart‚ it was becoming clear
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for operating together for the benefit of their entire business organization. To this end John Mackey‚ Cofounder and Co-CEO of Whole Foods Market promotes through the application of McGregor’s Theory Y the happiness and growth of all employees within their organization. Through the use of "Conscious Capitalism"‚ that purposely seeks to maximize the innate social and human potential of its employees Mackey sees workers as a capable resource. No viable business structure can thrive and survive
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com/health/illness_costs_you_but_good_health_is_free_029772.html CNNMoney Environmental Protection Agency. (2010). Cost of illness handbook. Retrieved from http://www.epa.gov/oppt/coi/pubs/toc.html Gilbert‚ S Mackey‚ J. (November‚ 2 2006). [Web log message]. Retrieved from http://www2.wholefoodsmarket.com/blogs/jmackey/category/compensation/ Mackey‚ J McGinn‚ D. (2005). The green machine. Newsweek. Retrieved from http://www.thedailybeast.com/newsweek/2005/03/20/the-green-machine.html Milkovich‚ G.T.‚ Newman‚ J.M.‚ Gerhart‚ B
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Whole Foods Market Case Study 3.) Do you think John Mackey has a good strategic vision for Whole Foods? Why or why not? What do you like/dislike about the company’s motto “Whole Foods‚ Whole People‚ Whole Planet?” Do the motto and the principles underlying it (Exhibit 1) really matter at this company or are they just nice words and cosmetic window dressing? Explain. John Mackey’s vision for Whole Foods was “For Whole Foods to become an international brand synonymous not just with natural and
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Suggested assignment question for the case: What is your assessment of John Mackey’s strategic vision for Whole Foods Market‚ the strategic objectives he has set for the company‚ the core values that Whole Foods displays in its operations‚ and the company’s strategy? How well is Whole Foods’ strategy working? Was the Wild Oats Market acquisition a good move or a mistake? What recommendations would you make to John Mackey in light of recent events at the company? Detailed assignment questions:
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