Pestle Analysis For Whole Foods

A successful business requires certain needs and factor in order for it to succeed. This is the idea of pestle and SWOT analysis. The funeral home in Harlem is resulting in lower sales because the area is changing. So, under the PESTLE, P for political changes the different parties coming into play, so for example under the democratic party they fight for more equality in all area regardless rich or poor so this gives the Harlem area more of a chance to survive and less violence. E for Economical as the area is experiencing gentrification which mean the lower class are moving out and can’t afford the area, and its been proven the lower class has more violence and thus leading to more death and business for the funeral home. S for social is

Collectively they make decisions on strategy, finances and any other of the organization's affairs. John Mackey, CEO, admits he's not the only person in the organization calling the shots. "I've made a valuable contribution to Whole Foods, but so have thousands of other people," Mackey said in an interview with the American-Statesman. "That's one of our secrets, is the fact that we do really have a team approach to the organization, an empowerment approach." (Gaar, 2010)

Whole Foods has many important values. For example, they believe that their customers are the most important stakeholders and the lifeblood of their business.[8] Whole Foods has five major stakeholders; John Mackey (CEO), James Sud, Glenda Chamberlain, Walter Robb, and John Elstrott.[9] Whole Foods selectively chose where to do business based on their average customer. Whole Foods knows that its products are for health and food enthusiasts.[10]

In this article, the author disproves the well-known fact that kale is a healthy superfood when eaten in large quantities. She explains that while it still has great benefits, including a surplus of vitamins, fiber, and its proven ability to fight off heart disease, when eaten raw it can affect your metabolism. To be more specific, it contains a biochemical called progoitrin which can decrease a person’s thyroid gland production, as well as thiocyanate ions which can prevent iodine from getting to your thyroid. Eaten in excess quantities, both of these compounds can affect blood sugar, weight, and overall metabolic health. The author then goes on the clarify the fact that eating kale occasionally is still extremely healthy. However, she reestablishes

This role requires you be the face and voice of your company. As the chief executive officer, or CEO, your main concern is that the company remains at its highest well-being so the team can accomplish goals. The CEO establishes a long-term strategy, secures the necessary resources (human and financial), sets the company culture and values, and maintains team morale. Not all founders remain CEOs, but odds are, you'll be your company's first. It is a crucial role as the company grows and evolves from a scrappy startup to a complex organization.

Current ratio- A ratio over 1 suggests that the company would be able to pay off its short-term obligations if they came due at that point. All three companies have a current ratio of over 1 indicating they all have the ability to pay off this kind of debt. Chubb’s current ratio is the highest, with PHLY in the middle, and Travelers with the lowest current ratio.

According to Pestle Analysis website, there are different considerations that a company should perform to ensure the conduciveness of the environment it would like to operate. Among different considerations, they are political requirements, economic and social situation, technological requirements for effective performance, legal and environmental factors to be considered as well (Pestle Analysis, 2016). In this report, we will have pestle analyses for Vietnam, France, China and India, to understand how WICME would behave to tackle business in those countries.

Whole Foods CEO, John Mackey, is very aware that the actions and decisions of his corporation impact various stakeholder groups and the environment. He believes in being a good corporate citizen by donating 5% of the company’s profits to local charities. Mackey is also a big proponent of the compassionate treatment of animals and prefers to buy animal products from farmers who follow these guidelines; Whole Foods uses this as a market niche to attract customers who also feel strongly about this issue. Whole Foods

Changing the way energy in buildings is monitored, controlled and consumed can bring down CO2 emissions and reduce costs (Faucheux & Nicolaï, 2011) .

Pestle stands for political, economic, social, technological, legal and environmental. The political environment of organisations comprises both the formal legal framework established by governments to regulate behaviour (citation for john Naylor management book). Unemployment rates have fell by 58000 to 1.9 million in the uk (BBC). In 2008, Tesco had 3751 stores nationwide.

In 2007, CEO John Mackey received some bad press coverage as Mackey had typed out more than 1,100 entries on Yahoo Finance’s message from 1999-2006. He used an alias Rahodeb and boasted all of the positive work Whole Foods Markets was accomplishing while making uncomplimentary remarks about rival Wild Oats Market before Whole Foods take over Wild Oats Market.

The wall of Mortars and Pestles, located in the entrance to the School of Pharmacy, suggests a heavy influence of history, as well as a focus on diversity and individuality, using this piece to prove that to students. The introduction piece in the Museum of American Pharmacy is the wall filled with over forty different Mortars and Pestles. The amount of time and dedication to accumulate this collection was no small task, telling us how much Concordia cares about individuality and diversity. The wall would not have had the same effect if it was just a wall of 40 of the same Mortars and Pestles, or if it was just one big piece. It chose to display a variety of history and tell us how important being different is. Its prominence alludes to

This is proven by the company’s spot on the FORTUNE magazine’s “100 best Companies to work For”. Whole Foods Market has been on the list every year since the list began in 1998. The company employs more than 80,000 employees. Walter Robb, Co- CEO, believes that employees’ happiness and health is essential. The key to achieving this is investing in employees’ personal and professional growth. The company encourages self-motivation and responsibility for personal success. The company offers various forms of assistance for team members who want to further their potential (Whole Foods Market). Overall, Whole Foods market strives for an egalitarian culture. The company established a policy to cap its executive salaries at no more than 19 times that of the average worker. The company’s unique gain-sharing plan rewards teams for coming under budget too (100 Best Companies).

A company which wants to enter into a new market must first understand the target market’s business environment and how to create and retain customers by providing better value than the competition. As the environment changes, businesses must adapt in order to maintain strategic fit between their capabilities and the marketplace. When we are analyzing the macro environment of a company we usually use the PESTE analysis to help us to clear our goal, identify all the factors which are affecting our company directly or indirectly. Such us political factors, economic factors, social factors, technological factors, environmental factors and legal factors.

The board of directors from Amazon.com is likely to take an approach of nominal participation with their executives. Whole Foods is a new acquisition for Amazon.com, but one that was already having great success. Bezos emplaced a company man at the helm of Amazon.com to make sure that the larger company interest was observed, and should to allow leading the way as a manufacturer and designer of an exceptional product.