Whole Foods Market: The Worldwide Supermarket Leader of Natural and Organic Food

Transcript

00:01 |

Initial credits
00:20 |

Introductory words by John Mackey
00:50 |

A new business paradigm
- Influence of corporations
- Social perception of corporations
- Anti-globalization movement
- Branding problems
- Limitations of current business models
  - Economic theories during the industrial revolution
  - Business mentality today
- What is the purpose of a business?
- Who defines the purpose of a business?
  - Entrepreneurs as creators of a business
  - Evolution of purposes
  - Participants in a business
- Companies with great purposes
- The paradox of profits
  - Achievement of happiness
  - Profits as a secondary goal
  - Long term profits
  - Role of leadership
- Voluntary cooperation in business
  - Voluntary exchanges
  - Legal and fiduciary responsibilities of management
21:48 |

Whole Foods
- Core values
  - Selling the highest quality of natural and organic foods available
  - Satisfying and delighting our customers
  - Happy customers and excellence
  - Innovative employee practices
- Comparison of Whole Foods against Fortune 500 Companies
  - Distribution of income
  - Distribution of stock options
  - Stock price growth
  - Profits
- Whole Foods business results
- Economic value added: EVA
- Supplier partnership
44:56 |

Whole Foods social responsibility
- Communities
- Donations
- Global citizenship
  - Partnerships
  - Guatemala
  - Costa Rica
  - Future plans
- Environmental awareness
- Treatment of livestock animals
51:46 |

Limitations of current non-profit models
- Traditional stereotypes of organizations
- Holistic organizations
- Non-profit organization model
56:16 |

Conclusions
57:17 |

Questions and answers
- Why am I opposed to profit?
- Does philanthropy equal social responsibility?
- Is philanthropy "theft"?
- Who should control corporations? stockholders or stateholders?
- What about conflicts between various stakeholders? How do you create the right balance?
- A revision of Adam Smith's Wealth of Nations
01:04:43 |

Questions
- How do you create the right balance between profit maximization and consumer satisfaction?
- What is the percentage of full time employees of Whole Foods? How does it compare with the food retailer industry?
- When do you decide your company to become public? Are team leaders also shareholders?
- When did you decide to implement EVA?
- What happened to Whole Foods' stock value last year?
- How do you pick which communities you're going to invest?
- How did your relationship with Grameen Bank start? Why did you select Guatemala?
- Do you plan to open stores in developed countries?
- What would be the greatest challenge of opening a store in Guatemala?
- Did you have any previous entrepreneurship experiences?
- As Whole Foods' expands, will you change the proportion of organic products and local goods?
01:33:21 |

Final credits

Elige una categoría

Elige una categoría

Whole Foods Market: The Worldwide Supermarket Leader of Natural and Organic Food

VIDEOS RELACIONADOS

Arbitraje legal privado: caso de Perú

Un paseo por China

Interview with Dick Armey by Carlisle Johnson

Libertad y responsabilidad: perspectiva de un neurobiólogo

Central Bankers: Those Magnificent Men & Their «Perpetual-Motion» Machines

¿Por qué todo tiene un precio?

Economics in the laboratory

Derechos de propiedad y minería

Architecture of the Mind, Heart and Gut

Government Intervention and the Structure of Social Capital

Art and Science of Infant Feeding

Form and Plasticity Products of Architectural Inquiry

Estructuras superficiales livianas

La evolución en acción: lecciones del árbol de la vida

Designing for Place, Performance, and Pleasure

IDEAS DE LA LIBERTAD

Suscríbete

Recibe cada semana vídeos educativos que alimentan tu mente.

Escríbenos

Escríbenos