Greyston Bakery: The Zen Of Philanthropy Case Study

844 Words2 Pages
bulb-icon

Recommended: Individual responsibility to the community

Greyston Bakery: The Zen of Philanthropy
Brook Charles
BA 310

Greyston Bakery: The Zen of Philanthropy
The new CEO appears to have much more corporate business experience than the previous CEO. Should this be a concern for the corporation?
William Mistretta who took over as CEO after Julius Walls resigned has more experience in diverse management roles in the corporate world. Mistretta had around 25 years’ experience in doing corporate business while Walls only experience came from working in a chocolate company and briefly as a Marketing Director in Greyston Bakery Board of management. According to the text, Julius Walls had established a task-oriented system that worked excellently for the company. Walls had a good understanding of what he wanted from his employees. In addition, he expected them to be accountable for the quality of their actions. This system worked excellently and the corporation may be uncertain how the new CEO will fit in. However, I do not think the fact that the new CEO has more experience should be a concern. If anything, the new CEO, due to his vast experience will likely adopt the system and find ways to make it even better. His vast experience means he has witnessed …show more content…

Greyston Bakery is genuinely concerned with the welfare of its employees. The company is not just about making profits through food production but also to improving the general welfare of its employees and the community in general. The fact that the corporation offers jobs to anyone without any pre-hiring screening or background checks endears many. By doing this, the company offers opportunities to individuals who have been ‘written off’ by the society. The corporation social mission is therefore what makes it very successful. Greyston Bakery is a Benefit Organization (an organization that creates social value besides making

Show More
Related

  • Summary: Middleton Mutual

    1485 Words  | 3 Pages

    As a CEO I would want my company to be up to date in all aspects of technology so that we aren’t left behind. It seems that Atkins, the CFO, may have an old school way of thinking and wants to leave things as they are in working order. Atkins has the best interest of the company but will need to rethink certain things and accept that technology is a way of the future, and will not be going away. Vargo needs to identify that Devereaux is a risk taker, even at the expense of the company. Peterson, the Vice President of property and casualty, has said that the underwriters think that there’s too much judgment involved with their job, so the expert systems may not cut. The employees saying this may be valid reasoning, or a plea to keep from losing their jobs to artificial intelligence. More testing will be needed before the expert systems is fully in place.

    Read More

  • Third Bank Case Study

    1322 Words  | 3 Pages

    Prior to Fuller’s transfer, management at the Carson’s location was poorly run using the classical approach. While this approach can be successful, management has to find a good middle ground between caring for the company and caring about their employees. A traditional classical approach recognizes that there are five important factors to running a successful business (Miller, 19). According to text, these factors are planning, organizing, command, coordination and control (Miller, 19-20). These factors can be seen when you look at Third Bank as a whole. In the study, the CEO saw the issues in his company and put a plan together to improve. He had meetings with management, like fuller, to organize a solution. He then commanded all locations

    Read More

  • Implications of the Lessons in "Adventures of an IT Leader" for General Managers

    3425 Words  | 7 Pages

    This book is important to business students because it shows that even the most seasoned executive runs into unexpected challenges and can find themselves in uncharted territory. Jim Barton’s experiences and lessons can be lessons for anyone. Any employee, whether they are support staff or a top executive, should always maintain an open mind and be ready to learn from a situation or the people around them at any time.

    Read More

  • Ethical and Socially Responsive Business: Chick-Fil-A

    1287 Words  | 3 Pages

    I believe that every company should encourage a relationship of trust, loyalty, honesty, and responsibility among staff members at all levels. It’s important that each staff member works together to achieve excellence in a business, so the code of conduct is put in place. The purpose of the code is to provide guidance and set common ethical standards for employees from the top of the food chain to the bottom of the food chain. Some of the areas that I find to be significant of importance in a business are sexual harassment, discrimination and simply being professional in a work environment.

    Read More

  • Analysis Of JB Hi-Fi

    1175 Words  | 3 Pages

    In 2014, JB Hi-Fi announced the retirement of their CEO Terry Smart. He had been with the company for more than 14 years. In an interview with Smart Company, Smart explained the process for hiring his successor. Smart (2014) stated that succession planning is not something that can be done overnight, it’s a long-term process and it’s part of the board’s role. When JB Hi-Fi promoted Richard Murray to CEO it was because of his extensive experience, knowledge, skills and contribution to the organisation over 11 years (Keating 2014). This example of JB Hi-Fi’s succession planning not only demonstrates their diligence in following their charter but also the emphasis placed on laying the right

    Read More

  • Social, Cultural and Ethical Issues Relevant to Tesco Plc's Operation

    1475 Words  | 3 Pages

    There are many different factors which affect the way companies operate and the policies they adopt. This essay will investigate and outline some of the different social, cultural and ethical issues which are relevant to Tesco Plc’s operation. This essay will begin by investigating into social attitudes of the customers and also the social trends of customers which affect the company’s social policies. It will explain why there was or is a problem, how it could be solved by adopting a particular policy. It will then investigate into cultural tastes and preferences of the customers, as well as the low unemployment of UK culture which affect the company’s cultural policies. It will explain why these cause cultural issues and suggest polices which provide a solution. Finally it will analyse the waste creation and disposal of the company and also their farming supplies which are two ethical problems the company has faced and explain the policies that were used to solve the problems.

    Read More

  • Ethnographic study at McDonalds

    2127 Words  | 5 Pages

    The ethnographic study took place at McDonalds’ shop, Leeds, local market in the afternoon of Monday, 17th January 2011. From away I could observe the huge logo of McDonalds. I stood at the entrance and stared at the shop for few seconds. The shop was far more elegant than the average McDonald’s. The interior has a minimal style with posh chairs, tables, black art deco fixtures, beautiful paintings and attractive lights and draperies. There were large windows so it was impossible for customers to see into the Harvey Nichols store. Also, outside were window boxed filled with flowers or greenery. I could hear some relaxing music. At first glance, I noticed that customers were people with different age groups, genders, ethnic classes, social classes and cultural backgrounds. The language which was more spoken was English. [Without thinking, I was moving towards the counter, I faced] the girl behind the counter [; she] was wearing a red t-shirt with a cap and a hut. She seemed to be in a rush to handle the orders. Despite that, she was friendly and with a smile on the face to welcome the customers. The most co...

    Read More

  • Oprah Winfrey’s Influence on Philanthropy

    1210 Words  | 3 Pages

    Oprah Winfrey was born on January 29, 1954. Her home has been at Santa Barbra, California. She lives there with her partner, Stedman Graham. Oprah is a renowned talk show host, actress, American media proprietor, producer and philanthropist. The Oprah Winfrey show, multi-award winning talk show is what this great philanthropist is best known for. This show was the highest ranked show of its kind, being syndicated nationally in the period 1986-2011 (Winfrey 3). She is currently the CEO and owner of Oprah Winfrey Network. During her early life as an actress she was in the movie “The Color Purple” and the “Beloved”. In 2013, she starred in the movie, “The Butler” as Gloria Gaines. She has done documentaries and movies for HBO. She was also the voice for Gussie the Goose in “Charlotte’s Web” and also the voice Judge Bumbleden in the “Bee Movie”. This is just a few of the movies she was in.

    Read More

  • Home Depot Learned the Value of a True Leader

    1250 Words  | 3 Pages

    The founders hired a CEO to continue guiding the company on the path towards success but realized too late that they overlooked an important component. The CEO lacked the character and traits needed to positively develop and lead the company and its people. After facing a major decline in customer service and an uptick in employee turnover, The Home Depot realized that it needed to resort back to the basic guiding principles. They must choose a leader that buys into the same vision and philosophy that the company was built upon. The leader must behold the same values that were cherished by the founders and must be willing to invest in nurturing the culture, the associates and customers.

    Read More

  • ret

    644 Words  | 2 Pages

    While the scenario is presented as a fictional work, it may well be that this occurs on a daily basis. The conclusions here are based on observations and cultural views. There are many other factors that can be used to determine who should succeed a CEO that is retiring. Some of the items that might be considered are if a style change is needed or the persons experience.

    Read More

  • Chief Ethics Officers

    994 Words  | 2 Pages

    Mostly due to the large scandals in the late 1990s and early 2000s, like the Enron epidemic, most larger companies want to avoid any disasters that might even duarf in comparison to what we have seen in the past. Another powerful driving force behind CEOs’ popularity was the inception of the 2002 Sarbanes-Oxley Act, this act established new standards for corporate accountability in America. Requiring companies to not only make stronger commitments to ethical st...

    Read More

  • What Makes Jack Welch an Effective Leader?

    966 Words  | 2 Pages

    ...world has become extremely fast and full of change. If the leader can’t adapt to changing conditions, it is very possible for his firm to be kicked out of the game. How can the firm change, though? The most effective way is to go through new ideas. Here, it reminders me Welch’s famous saying: "Change before you have to."

    Read More

  • Boeing Case Study

    774 Words  | 2 Pages

    ...o the job as the other previous CEO’s of this company except he was someone who wanted to focus on employment development.

    Read More

  • Case Study: Waiting For Clearance

    1877 Words  | 4 Pages

    Managing ‘up’ “…means consciously and deliberately developing a meaningful task-related, mutually respecting relationship with one’s direct superiors” (Daft, 2015, p. 196). De La Vega should have strived to gain a clearer understanding of what his role would be as the ‘day-to-day’ operational leader. He could have employed the five principles of followership to establish a successful relationship with Bussard as CEO. The CEO failed to ‘manage up and down’ the hierarchal scale of his own organization as a leader and would not relinquish power. The CEO was dependent upon De La Vega to be his key “point man” in day-to-day operations. The follower-leader relationship is important to both the leader and the follower because “…Leaders of higher organizational levels depend upon their subordinates for information, support, and assistance in accomplishing the organization’s goals” (Daft, 2015, p. 197). Had the principles and strategies of effective followership, combined with the desirable followership traits of “cooperation, honesty, dependability and competency” (Daft, 2015, p. 211) been utilized by the CEO and COO, the outcome of the case study would have been

    Read More

  • Porters Analysis- Albertsons

    1205 Words  | 3 Pages

    CEO Johnston also has plans to bolster the company’s leadership with the best minds available and also use motivational techniques to invigorate his employees. These ideas show the character of the CEO in enhancing productivity from his work force.

    Read More

More about Greyston Bakery: The Zen Of Philanthropy Case Study

Open Document