When thinking about a specific company I wanted to learn more about, I instantly thought of Whole Foods. It’s a company that has been briefly discussed in many of my classes here at Bucknell but I’ve never had the opportunity to really explore the company in depth. I thought this would be the perfect opportunity condisering Whole Foods is known for being an ethical company and a leader in management innovation. I found a Harvard Business Review Case entitled: “Creating a Community of Purpose: Whole Foods Market: Management Innovation in Action”, that I will use as my foundation for the paper. There are other HBR cases that I can reference as well. This specific case discusses Whole Foods’ different business model and the fact that the company is trying to make a difference in the world. They are leaders in innovative management styles and in the idea of a company being concerned with the communitys best interest first.
In the paper, I plan to discuss the basic management structure that Whole Foods uses, then go into its ethical decisions and the reasons why this company is known for being so ethical. I feel that this company can be a positive representation of business ethics but can also address other topics from class including community, capitalism ideas, and management structures. I think Whole Foods is more of a stakeholder company and I can discuss this in my paper as well. Also, I might explore John Mackey as a CEO and his methods and practices of running a successful company. Overall, I believe that this case and this company provide a good starting point for paper 2.