Essay about Sustainability Walmart vs. Starbucks - 734 Words

Business Models: Walmart vs. Starbucks Introduction Sustainability has become a great topic of interest in many arenas. Particularly, leading organizations are recognizing sustainability needs to be an essential aspect of their long term strategies. With this recognition, better business practices are being sought by investors as well as sustainability is becoming a driving force for better efficiencies and innovation. Two organizations, Wal-Mart and Starbucks, have both took on sustainability as long term initiatives to address their customer needs and affect how their suppliers operate. Analysis With both Walmart and Starbucks being major players in their respective industries, both have†¦show more content†¦Perhaps this is giving Walmart a free ride in the media/marketing as being sustainable without any parties doing their due diligence to verify the actual numbers. As Senge explained, perhaps â€Å"Walmart is using going green to offset negative press for treatment of its employees† due their recent lawsuit losses and settlements (Senge, 2010, p. 114). Although Walmart should be commended for its sustainability portfolio, I believe the results of their goals need to be looked at from proportional aspect as well as how/where Walmart sources their products. Starbucks seemingly grassroots sustainability program is highly targeted at its main ingredient; coffee beans. With what I feel is a better approach to sustainability, Starbucks utilizes Fair Trade enabling local growers to earn better incomes and ensuring high-quality supplies (Lee, 2010). By utiliz ing Fair Trade, Starbucks is standing by their brand value, which its customers expect. Another reason I believe Starbucks currently has a better sustainability model is I do not believe Starbucks is utilizing their sustainability platform to overshadow any negative press. Senge explained if a company can continue to be profitable by committing to environmental issues, then its reputation becomes a competitive advantage. Lastly, looking at the overall business models, Starbucks simply has more control of its operations toShow MoreRelatedEssay on Csr: Sustainability Practices- Walmart vs. Starbucks1815 Words   |  8 Pagesâ€Å"Sustainability: Actions Speak Louder Than Words† SUSTAINABILITY: ACTIONS SPEAK LOUDER THAN WORDS Introduction The purpose of this work is to analyze the mission, values, and core competencies relating to sustainability and the Triple Bottom Line of the corporations Wal-Mart and Starbucks. By analyzing the key differences not only in their values, but the application of their stated values, they can then be judged as to the superiority of their systemic approaches to sustainabilityRead MoreSimilarities And Differences Between Starbucks And Walmart1380 Words   |  6 Pagesexamine the similarities and differences between Starbucks and Walmart in regards to people, profit, and planet. People Legal Compliance. Determining the relationship between a company and people can be evaluated in several ways. Legal compliance issues not only provide powerful insight into an organization’s ethical business practices, but also how these engagements affect people within the company. In Chou vs. Starbucks, it was determined that Starbucks misclassified shift supervisors as nonexemptRead MoreSustainability Initiatives A Demonstration Of Corporate Social Responsibility And Should Corporations Be Financially Responsible For The Environmental Disturbances2077 Words   |  9 Pagesleading sustainable efforts in their communities and should corporations be financially responsible for the environmental disturbances that they cause, be it directly or inadvertently? More specifically are the efforts of Wal-Mart to implement sustainability initiatives a demonstration of corporate social responsibility or just greenwashing? Relevant to these questions we hypothesis that despite the mult itude of efforts that are resulting in some groundbreaking policies for an Oligopoly such as thisRead MoreWhat A Favorite Restaurant Or Cafe Is?1242 Words   |  5 Pagesto shop at the chain stores because they have everything stocked and easy to find. Further some might feel they make life easier for people because they are more affordable. Michael Barone an author for the Washington examiner writes â€Å"Stores like Walmart, Target and Kohl’s sell good quality clothes at astonishingly low prices† (Barone). However just making even a small effort to find good deals at local stores and balance spending habits at â€Å"Big-Box† stores with just 10 percent at local stores willRead MoreUse Of Cloud Based Erp On Cloud And Its Opportunities And Challenges2625 Words   |  11 Pages16 Million Likes 7. Ferrero Rocher - 16.2 Million Likes 8. Target - 17.5 Million Likes 9. Monster Energy - 18 Million Likes 10. Walmart - 19 Million Likes 11. Victoria s Secret - 19.3 Million Likes 12. Pringles - 20.1 Million Likes 13. McDonald s - 21.7 Million Likes 14. Skittles 22.7 Million Likes 15. Oreo - 27.6 Likes 16. Red Bull - 29.6 Million Likes 17. Starbucks - 31.3 Million Likes 18. Converse - 32.7 Million Likes 19. Disney - 37.8 Million Likes 20. Coca-Cola - 47.6 Million Likes Read MoreCase Study: Budgens Stores Ltd7053 Words   |  28 PagesOrganizational Culture Cultural Diversity Communication Barriers Teams and work groups Team composition Workplace Conflicts Personal Interests vs. Organizational goals Lack of support and coordination Ethical Issues Local laws and regulations Compensation Planning Employee Retention Competitors HR Strategies Virtual teams Personal and business ethics Information safety Stakeholder relationships Different compensation packages forRead MoreStrategy Management18281 Words   |  74 PagesTeach For America: Inspiring Future Leaders (Chapter 2, p. 31) Build Your Dreams (BYD) to Sidestep Entry Barriers (Chapter 3, p. 55) From Good to Great to Gone: The Rise and Fall of Circuit City (Chapter 4, p. 85) Assessing Competitive Advantage: Google vs. Microsoft (Chapter 5, p. 113) Trimming Fat at Whole Foods Market (Chapter 6, p. 139) From Encyclopedia Britannica to Encarta to Wikipedia (Chapter 7, p. 171) Refocusing GE: A Future of Clean-Tech and Health Care? (Chapter 8, p. 201) Facebook: FromRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesStress in Different Cultures 604 Point/Counterpoint Responsible Managers Relieve Stress on Their Employees 607 Questions for Review 608 Experiential Exercise Power and the Changing Environment 608 Ethical Dilemma Changes at WPAC 609 Case Incident 1 Starbucks Returns to Its Roots 610 Case Incident 2 The Rise of Extreme Jobs 610 Appendix A Research in Organizational Behavior 616 623 Comprehensive Cases Indexes Glindex 637 663 About the Authors Stephen P. Robbins Education Ph.D. UniversityRead MoreCase Study148348 Words   |  594 PagesStrategy, 9th Edition, Instructor’s Manual †¢ †¢ Core Competences Strategic Drift and the Cultural Web 2. Case study Organisations (supplementary material to use in class): †¢ †¢ †¢ †¢ †¢ †¢ †¢ SABMiller (international development) eBay (success and sustainability) Amazon.com (business-level strategy) Eurotunnel (a clash of national cultures) Manchester United (football club or business?) easyJet (competitive strategy) Marks Spencer (two CEOs on managing turnaround) 10. Exploring Strategy Teachers’Read MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagesshould help each other if time permits. Rules, SOPs, and norms provide behavioral guidelines that increase the performance of a bureaucratic system because they specify the best ways to accomplish organizational tasks. Companies such as McDonald’s and WalMart have developed extensive rules and procedures to specify the behaviors required of their employees, such as â€Å"Always greet the customer with a smile.† Weber believed that organizations that implement all ï ¬ ve principles establish a bureaucratic system