Macy's Corporate Culture

In 1979, Trader Joes was sold to Aldi (Corporate chain). This lead to the companies newly stated policies. These policies are opposite to the original guidelines set.

Currently the company is involved in two social programs. The first is Boobies Make Me Smile, which “partners with organizations committed to the fight against young adult cancer” (Company Information: Boobies Make Me Smile, 2016). The second is the Spirit of Children, which tries to “make hospital stays less scary for kids and their families.” (The Heart of Spirit Halloween: Spirit of Children, 2016). However the Corporate Social Responsibility

The following report provides details of the Macy's top directives, who are in charge of the management of the company. Macy’s operates in a functional organizational structure being since January 2004, Terry J. Lundgren, the Chairman of the Board; also, he has been since February 2003 the Chief Executive Officer of the Company. Since January 2003, William S. Allen has the position of Chief Human Resources Officer, and the President of the Company since March 2014 is Jeffrey Gennette (FORM 10-K, 2016).

Lowe’s deems that having diversity is key to being a good corporate citizen. Lowe’s has the opportunity to deliver outstanding prices, products and services to their customers. Lowe’s believes that they take it one step farther than any other company. Lowes’ thinks that with community involvement that they extend beyond the traditional retail setting. Like Home Depot, Lowe’s gives back the their community however, they are known to help in natural disaster recovery and take active roles in programs

One of the successful company that set it foothold in the United States is the Home Depot. It is a company that sells hardware and many home improvement materials. Their company core value is to take care of people and giving back to their communities. As the company began to grow, they had been helping out and supporting their community in various different ways including donation, support the people who suffer from the natural disaster, build homes for people, and encourage people to recycle their stuffs and many other things. They also established the Home Depot Foundation to help support people who need their help. These are some of the philanthropic activities that Home Depot willing to do for their community.

Critically analyze the organization from the systems approach. You should consider the inputs, transformation and output elements of the operation and consider how the system creates value.

Congress passed in 1935 the National Labor Relations Act ("NLRA") to protect the rights of employees and employers and promote collective bargaining (National Labor Relations Act, 2017). A Union represents employees at Macy's, and they reached a tentative deal for a new labor contract on June 2016 avoiding what would have been the first strike at the nation’s largest department store in more than 40 years. Macy’s has complaints about significant expenses relating to employee health benefits, which are raising and can affect the Company’s financial results and cash flow. Nonetheless, the union pushed for changes to the Macy’s commission’s policy. Union leaders asked for substantial wages increase, affordable health care plan, and new scheduling

it is important to identify key strengths of the company over upcoming threats and weak points. Macy’s differentiate itself from competition with upscale “Celebrity” brand exclusivity, merchandise based on local preferences, and unique store design atmosphere. Based on analysis performed the company weighted strategy is to move towards the online and technology advances with maintaining Macy’s upscale storefront culture, integrating new product offerings with revising promotions to satisfy its target market and expanding operations to a new markets with present demand. From opportunities analysis strategy can be divided in three fragments

Unlike Starbucks, Macy’s is not doing very well, as evidenced by the fact they announced last month the impeding closure of 68 stores (Peterson, 2017). The company has been struggling for a few years with the growth of the internet and online businesses such as Amazon making their brick and mortar stores impractical in modern times. While the number of stores may not seem like as much of a problem as it is, as other companies have had to close down more in recent years or go out of business in general, this is a symptom of larger problems in both the company and the industry.

The problem we are presented with is to optimize the amount of boxes of shoes to be transported from 2 warehouses to 10 different Macy’s stores such that the cost is minimized. The main consideration of this problem are the price differences associated with each combination of transports. This means that each combination of warehouse to mall has a different shipping cost. Additionally, there are three different shipping costs based on the quantity of boxes being shipped. Combining these factors results in 60 decision variables which makes it necessary to use linear programming in order to minimize the cost.

At Macy’s Inc. they have a corporate vision and a corporate philosophy. Their corporate vision is “Macy’s, Inc. is a premier national omni-channel retailer with iconic brands that serve customers through outstanding stores and dynamic online sites. Both Macy’s and Bloomingdale’s are known worldwide, and each has its own unique identity and customer focus.” Their corporate philosophy is as follows, “Macy’s, Inc. clearly recognizes that the customer is paramount and that all actions and strategies must be directed toward providing a localized merchandise offering and shopping experience to targeted consumers through dynamic online sites. Aggressive implementation of the company’s customer-centric strategies by a talented, experienced organization will provide Macy’s, Inc. with an important competitive edge. At Macy’s, Inc., our greatest strength lies in the skill, judgment and talent of our people. Every day a production of enormous magnitude takes place on our selling floors and behind the scenes, where our people bring the company’s strategic goals to life. Our priority of attracting, retaining and growing the most talented people in the retail industry has been and will continue to be our greatest advantage. Macy’s, Inc. is committed to open and honest communications with employees, shareholders, vendors, customers, financial analysts and the news media. The company seeks to be proactive in sharing information and in keeping these key stakeholder

every bottle that they sell helps to pay for one of the company’s global clean water projects. (Taylor). Nicole Taylor stated in her article 22 Great Examples of Socially Responsible Business that: “To date, People Water has helped bring more than 5.7 million gallons (21.6 liters) of clean water to people in need.” (Taylor). This fact is incredible as this is how just one company has helped society. This is just one business mentioned out of many businesses that are socially responsible. Another business that Nicole Taylor discusses in her article is a website title Do Good by Us. This Ecommerce website sells goods that do good. This website sells products produced by companies that support and are involved in social causes. Nicole Taylor

Every organisation has a personality of its own. Hence, to develop a great corporate personality, an organisation must build a strong corporate culture along with a supportive corporate strategy to follow.

Melanie is a 32-year-old white middle-class mother who just moved to Skokie, Illinois. She is a sales representative at an outsourced sales company in a neighboring suburb, Evanston, called Acquirent. She works 7-4 because that allows her to get home faster and beat the traffic in the suburbs. She spends her weekends with her husband, Peter, and two toddlers playing at the local Skokie pool or running errands downtown Evanston. Her husband, Peter Johnson, works at an advertising agency in downtown Chicago. He works 8-5 but usually gets home around 6:30 p.m. because the Metra train only runs every half hour. Melanie grew up in Skokie where she met Peter at Niles North High School when they were 16 years old. Her parents still live in Skokie

For most companies, identifying what a learning organization should be and actually becoming one is tricky at best, impossible at worst. One way that manager's and companies can promote the concept of being a learning organization is to assess whether the company is in need of a short-term fix or whether it is more focused on long-term results. Organizational learning is a long-term activity that will build competitive advantage over time and requires sustained management attention, commitment, and effort. Learning organizations maximize their competitive positions during strong economic times and they prudently train their employees and prepare for change even in turbulent times. As a result, learning organizations and learning