Premium Essay

Company Profile

In:

Submitted By Woodchuck2010
Words 1769
Pages 8
I have chosen Wegmans Food Markets for the company I am going to analyze. I chose Wegmans specifically because I used to be employed there many years ago. I have insight as a working level employee and manager in that company. Today, when I stop into one of the stores, I have a unique perspective on what I see. After this week's readings, I can see what I believe are the strategic capabilities.

Wegmans is a family-owned grocery chain in the north-east region of the US and headquartered in Rochester, NY. The chain is comprised of 86 stores with 46 being in New York State. They employ about 44,000 people and have annual sales of about $7.4 billion. Wegmans has been voted one of the best companies to work for in America since 1993.

CEO Danny Wegman runs the company; Colleen Wegman, his daughter, is president.

Strategic Capabilities

Becker, Huselid, and Beatty define strategic capabilities as, “…those business processes that execute the firm’s strategy and are the source of any competitive advantage” (Becker, Huselid,&Beatty, 2009). They go on to describe a capability as an organizational asset that combines talent, information, technology, and routines. The authors offer a simple question set to allow for the analysis of finding out what strategic capabilities the company offers.

Figure 1. Diagnosing Strategic Capabilities (Becker, Huselid,&Beatty, 2009).

Wegmans has several strategic capabilities:

1. Real Estate Development – Wegmans’ largest portions of its business is the real estate location business. The CEO Danny Wegman had mentioned once that the real estate business was five times as large as the grocery business. The company invests billions in locations that they project will be very stable and wealthy many years down the road. For example, when I worked at Wegmans in Rochester, NY in

Similar Documents

Free Essay

Company Profile

...Company Profile Introduction Future group is one of the India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of future group , group subsidiaries are present in consumer finance , capital insurance(Future Generali), leisure and entertainment(Galaxy Entertainment Limited), brand development (Future Brands), retail real estate development , retail media (Future Media) and logistics (Future Logistics). Big Bazaar is Indian personification of retail. It’s like an Indian bazaar or mandi or mela, the environment created by traders to give shoppers a sense of moment. Big Bazaar symbolizes modern retail, the business which isn’t looked up to in our country, is now in the eyes of many multi-national biggies. The group operates around 100 restaurants and food courts through its partner “Blue Foods” through brands like Bombay Blues, Spaghetti Kitchen, Noodle Bar, The Spoon, Copper Chimney and Gelato. Big Bazaar - “Naye India Ka Bazaar” (Market for New India) was introduced by the Future Group in September 2001Big Bazaar popularly known as the “Indian Wal-Mart “is the largest hypermarket chain in India. The head quarter is located in Mumbai. Big Bazaar is designed as an agglomeration of bazaars or Indian markets with clusters offering a wide range of merchandise including fashion and apparels, food products, general merchandise, furniture, electronics, books, fast food and leisure and entertainment...

Words: 1149 - Pages: 5

Free Essay

Company Profile

...Associate Calico Capital and its associates are independent advisors focusing on corporate finance, financial advisory, business architecture and business processes. Our association includes Financial Services Board registered individuals, a registered Sponsor to a number of companies listed on the JSE Securities Exchange South Africa, a Designated Advisor on AltX, and highly experienced business architects. We focus on the Telecommunications, Agricultural, Mining and Logistics industries, but have a wealth of business experience and business networks at our disposal to offer to our clients. We venture beyond traditional corporate finance to offer advice on many aspects of business strategy and operations, and work through the implementation process to create, unlock and enhance value. We have distinguished ourselves as providers of innovative, value-maximising solutions in an environment of productive, long-term relationships. Our clients include: • • • • • • • The City of Johannesburg The Eastern Cape Pineapple Industry Department of Agriculture Landbank Development Bank of Southern Africa Various Johannesburg Stock Exchange and some London Stock Exchange Listed Companies Numerous Privately Owned Companies We have funded businesses with Funding partners like: • • • • • • • • World Bank International Finance Corporation African Development Bank Development Bank of South Africa Industrial Development Corporation Eastern Cape Development Corporation Landbank of South Africa...

Words: 641 - Pages: 3

Premium Essay

Aci Company Profile

...ACI Company Profile: CI Bangladesh Manufacturers Limited was a subsidiary of world renowned multinational ICI Plc and was a listed public limited company under Dhaka Stock Exchange. In 1992 ICI Plc divested its shareholding through a management buyout and the company name was changed from ICI Bangladesh Manufacturers Limited to Advanced Chemical Industries (ACI) Limited. ACI Formulations Limited, a subsidiary of ACI, became a public listed company through direct listing. ACI has diversified into four major strategic business divisions which include Health Care, Consumer Brands, Agribusinesses and Retail Chain. ACI's mission is to achieve business excellence through quality by understanding, accepting, meeting and exceeding customer expectations. ACI follows International Standards on Quality Management System to ensure consistent quality of products and services to achieve customer satisfaction. ACI also meets all national regulatory requirements relating to its current businesses and ensures that current Good Manufacturing Practices (cGMP) as recommended by World Health Organization is followed properly. ACI has been accepted as a Founding Member of the Community of Global Growth Companies by the World Economic Forum which is the most prestigious business networking organization. ACI formulates and markets a comprehensive range of more than 387 products covering all major therapeutic areas, which come in tablet, capsule, powder, liquid, cream, ointment, gel ,ophthalmic...

Words: 676 - Pages: 3

Premium Essay

Company Profile

...SEGi UNIVERSITY COLLEGE FACULTY OF BUSINESS AND ACCOUNTING UNIVERSITY OF SUNDERLAND UGB-202: Introduction to strategic management Course Work TITLE: Company profile COURSE NAME: BA (HONS) BUSINESS MANAGEMENT INTAKE: 14th FEBRUARY 2011 SEMESTER1 Level 2(February TO May 2012) MODULE LEADER’S NAME: LECTURER NAME: Ms. Malathi NAME: Oumoul Khairy Barry 109115296/1 Company profile: As it was required in class I’ve chosen a firm in the clothing or textile manufacturing according to the UK standard, which is Louis Vuitton or Moet Hennessy Louis Vuitton SA (LVHM). Louis Vuitton is a division of holding company, founded in 1854 by Louis Vuitton its self. The label is based in Paris, France. The key people in the company are Jordi constans (Chairman and CEO), Marc Jacobs (Art Director), and Antoine Arnault (Director of communication). The company is well known for its LV monogram, which is featured on most of its products. They are famous in producing luxury goods (ready-to-wear, shoes, watches, jewelry, accessories, sunglasses, and books), LV is a retailer industry. By 1989 Louis Vuitton came to operate 130 stores worldwide, the largest and most successful LV store is located in Paris (Champs Elysees). The most famous products of the manufacture are their bags and wallet, which attract mostly women. As for any firm Louis Vuitton has many competitor but the strongest...

Words: 537 - Pages: 3

Free Essay

Company Profile

...Company Profile “Shree Ishra Devi Machinery”, is one of the leading manufacturers, traders, and suppliers of Raw Cashew and Cashew Machine. It was established in the year 2002, at Ahmedabad (Gujarat) in India. Excellent quality of raw materials is procured to ensure the product’s performance, service life, strength, speed and capacity. The highly advanced state-of- the- art infrastructure facility with modern machinery and equipments facilitate the firm to achieve its predefined targets and goals. The premium ranges of our products include the Cashew Machine, Cashew Peeling Machine and Cashew Boiler, which is in huge demand in the market. The USP of our products is its quality at reasonable prices. With an expert team of highly accomplished professionals, the firm’s operations have been divided into several units, and are upgraded on timely basis. This ensures better management and high productivity output. 1. Cashew Peeling Machine • The machine is completely automatic and involves dry –peel operation • The production output varies according to the quality and nature of cashews. It can peel different sizes of cashews • Automatic feed-in device. Very easy to operate and maintain • Highly appropriate for comprehensive production line or individual station working • Very compact and power saving unit 2. Cashew Grinding Machine • The machine automatic temperature control feature • It is virtually maintenance free • High quality parts ensure unmatched performance...

Words: 292 - Pages: 2

Premium Essay

Company Profile

...McDonald’s is Global – and in Your Hometown McDonald’s is the leading global foodservice retailer with more than 34,000 local restaurants serving approximately 69 million people in 118 countries each day. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local men and women.Our goal is becoming customers favorite way and place to eat and drink by serving core favorites such as the world famous French Fries, Big Mac, Quarter Pounder and Chicken McNuggets. Our Strategic Direction The strength of the alignment among the Company, its franchisees and suppliers (collectively referred to as the System) has been key to McDonald’s success. This business model enables McDonald’s to deliver consistent, locally-relevant restaurant experiences to customers and be an integral part of the communities we serve. In addition, it facilitates our ability to identify, implement and scale innovative ideas that meet customers’ changing needs and preferences. McDonald’s customer-focused Plan to Win provides a common framework for our global business yet allows for local adaptation. Through the execution of initiatives surrounding the five elements of our Plan to Win – People, Products, Place, Price and Promotion – we have enhanced the restaurant experience for customers worldwide and grown comparable sales and customer visits in each of the last eight years. This Plan, combined with financial discipline, has delivered strong results for our shareholders...

Words: 313 - Pages: 2

Free Essay

Company Profile

...STRATEGIC MANAGEMENT GROUP ASSIGNMENT ONE: COMPANY BIO JEJE RADIO JEJE RADIO is a radio station company built under the name of PT. Wahana Informasi Gemilang, Indonesia in February 2001. Due to the increasing need for information in business people community, JEJE RADIO then publicly aired on October 29, 2002. This company has a famous tag-line radio quote, “The Radio for Business People”, therefore, it mainly target business people and professionals-alike. At 2014, JEJE RADIO has a new tagline “Hits and Community”. However, as JEJE RADIO showed more progress, it began to realize that there was still not enough information for Surabaya city itself. In contrast, more people need information about Surabaya. Already knowing this problem, JEJE RADIO then began to broaden its’ market target, from only targeting business people and professionals-alike to targeting all Surabaya people who need information about Surabaya, Gerbang Kertasusila (areas around Surabaya—Probolinggo, Malang, Tuban, Jombang) and business world. JEJE RADIO offers a lot of radio programs. For the business program, JEJE RADIO mainly focuses on the latest micro and macroeconomics issues and finance such as investing and foreign money. For the all about Surabaya program, JEJE RADIO focuses on news that are often forgotten by most Surabaya reporters, for example about the balls in G-Walk Citraland area. At 2014, JEJE RADIO has 3 program they’re “Jogging Pagi”(Morning Jogging), “Marathon Hits”, and “Jalan-Jalan...

Words: 406 - Pages: 2

Premium Essay

Company Profile

...A TERM PAPER WRITTEN BY GROUP 3 MEMBERS TO THE DENTAL THERAPY DEPARTMENT FEDERAL COLLEGE OF DENTAL TECHNOLOGY AND THERAPY, ENUGU. IN PARTIAL FULFILMENT OF THE COURSE; CLINICAL DISEASES AND DIET THERAPY (NUD 322) COURSE LECTURER: MRS. AMADI D.O. AUGUST, 2015. NAMES OF GROUP 3 MEMBERS NAMES REGISTRATION NUMBERS 1. OKOYE CHIOMA BLESSING 11/DTH/02268 2. MBADUGHA LILIAN OLUCHUKWU 11/DTH/02061 3. EZE EBERE LORITA 11/DTH/01981 4. OMEJE KIZITO 11/DTH/02138 5. ANEKE EBERE 11/DTH/02258 6. EBOH DABERECHI 11/DTH/02096 7. CHINZE PRISCA .A. 11/DTH/02265 8. UDOUKPONG EDU ISRAEL 10/DTH/01730 9. HASSAN NITUWA 11/DTH/02000 10. IZUCHUKWU CLEMENT 11/DTH/01998 11. IBEKWE CHIDIMMA .L. 11/DTH/02222 12. OYELAMI IKEOLUWA .L. 11/DTH/01976 13. NWEKE NKEMAKONAM .H. 11/DTH/02288 14. ONYIMAH GIFT .K. 11/DTH/02083 ...

Words: 2319 - Pages: 10

Premium Essay

Company Profile

...| MBA | | | | | |THESIS | | | |ON | | [MARKET POTENTIAL OF TATA AIG LIFE INSURANCE IN GWALIOR] | A report submitted in partial fulfillment of the requirements of THE MBA PROGRAM (The Class of 2010) | | SUBMITTED TO SUBMITTED BY DR. SANJAY SHRIVASTAVA AMIT KAPASIYA...

Words: 8335 - Pages: 34

Free Essay

Company Profile

...Unilever The company that I chose for this project is Unilever. The reason is because it provides goods to a market that has been continuously stable and growing. This company is expanding year to year resulting in many opportunities for career seeking people and therefore their human resource department has to be prepared. With more than 400 brands focused on health and wellbeing, no company touches so many people’s lives in so many different ways. Unilever’s portfolio ranges from nutritionally balanced foods to indulgent ice creams, affordable soaps, luxurious shampoos and everyday household care products. Unilever produces world-leading brands including Lipton, Knor, Dove, Axe, Hellmann’s and Omo, alongside trusted local names such as Blue Band, Pureit and Suave. Since Unilever was established in the 1890s, brands with a social mission have been at the core of its business, and now corporate responsibility underpins its strategy. In 2010, Unilever launched the Sustainable Living Plan – a set of targets designed to help the company deliver their objective of growing its business while minimizing the company’s impact on the environment. Unilever’s believe is that as a business they have a responsibility to their consumers and to the communities in which they have a presence. Around the world they invest in local economies and develop people’s skills inside and outside of Unilever. And through their business and brands, they run a range of programs to promote hygiene, nutrition...

Words: 1730 - Pages: 7

Free Essay

Company Profile

...2014 1. penghargaan Roy Morgan Research - Music/Entertainment Show of The Year – Dahsyat - TV News Program of The Year – Seputar Indonesia and Seputar Indonesia Pagi - TV Sinetron/Soap and Drama of The Year – Tukang Bubur Naik Haji 2013 1. RCTI menerima penghargaan "Indonesia Most Favorite Netizen Brand 2013" untuk yang kedua kalinya, dalam kategori TV Station. 2012 1. Anugerah KPI 2012 - Program Buletin Berita TV : Program SEPUTAR INDONESIA SORE 28 April 2012 - Program Investigasi TV: Program DELIK Episode “Derita TKI Arab Saudi” 2. Indonesia’s Most Favorite Netizen Brand 2012 Sebagai kategori stasiun televisi terfavorit pilihan netizen (pengguna internet) di Indonesia 3. CNN Television Journalism Awards 2012 - Seputar Indonesia juara 1 untuk kategori "Education News" dengan topik karut-marut pendidikan nasional (Ironi Pendidikan) - Seputar Indonesia juara 2 untuk kategori "Best Single News Story" dengan topik Perdagangan Gadis Belia 4. Panasonic Gobel Award – 2012 Masterchef sebagai Program Pencarian Bakat Terfavorit 5. Panasonic Gobel Award – 2012 Mega Konser sebagai Program Musik Terfavorit 6. Panasonic Gobel Award – 2012 Seputar Indonesia sebagai Program Berita Terfavorit 7. Panasonic Gobel Award – 2012 Masterclass sebagai Program Hobi dan Gaya Hidup Terfavorit 8. Panasonic Gobel Award – 2012 Si Doel Anak Pinggiran sebagai Program Film Televisi Terfavorit 9. Panasonic Gobel Award – 2012 Sea Games Final...

Words: 1343 - Pages: 6

Premium Essay

Gsk Company Profile

...GlaxoSmithKline company profile Francis Weyzig Amsterdam, October 2004 Summary Business description GlaxoSmithKline (GSK) is one of the world’s largest research-based pharmaceutical corporations that discovers, develops, manufactures and markets branded human health products. Headquarters: UK, with additional operational headquarters in the USA Global presence: about 160 countries Primary markets: USA, France, Germany, UK, Italy and Japan Employees: approximately 103,000 GSK key figures for 2003 (in £ million) Sales 21,441 Materials and production costs 4,188 Marketing and administration 7,563 R&D expenditures 2,770 Operating income 6,920 Net profit 4,765 GSK has two main business divisions, pharmaceuticals and consumer healthcare. This profile deals with the pharmaceuticals division, which generates 85% of GSK’s sales. The five largest selling GSK products are Seretide/Advair for asthma and Chronic Obstructive Pulmonary Disease (COPD); Paxil/Seroxat and Wellbutrin, both antidepression drugs; Avandia/Avadamet for type 2 diabetes; and the antibiotic Augmentin. Each of these drugs generated above £800 million of sales in 2003. GSK produces a broad range of products of special importance to developing countries, including: Anti-malaria drugs Zentel (albendazole), for de-worming and the prevention of lymphatic filariasis Pentosam, against leishmaniasis Anti-retrovirals (ARVs) for the treatment of HIV/AIDS Tuberculosis drugs Vaccines for developing countries Corporate...

Words: 18642 - Pages: 75

Premium Essay

Company Motivational Profile

...Company Motivational Profile – Walmart Company Motivational Profile – Walmart To achieve success, organizations must have a clearly defined plan. Sam Walton, founder of Walmart, began his retail career as a management trainee at JC Penny. Walton opened a five and dime store in 1951 and his first Walmart opened in 1962. Walton’s concept of discounting prices included a large variety of low priced items, buying large quantity goods at the lowest price, and passing the savings on to his customers. Today’s retail organizations must have a plan to achieve success. Walton’s vision allowed Walmart to grow into a multi-billion dollar international retail giant. This paper discusses Walmart’s motivational profile including the background and history of Walmart, their corporate culture and management, the strengths and weaknesses of their motivational strategies, and finally, an analysis of Walmart’s motivational strengths and recommendations for future improvements. Background Information Before opening Walmart, Sam Walton traveled around the world studying everything he could about discount retailing. Walton became eager to bring the United States a different type of store. He had an idea that Americans wanted something out of the box. Walton put in most of his own personal money to open his first store in Rogers, AR. Walmart extended with more stores in later years. He always believed that if a business gave their customers what they wanted, they will continue to...

Words: 2740 - Pages: 11

Free Essay

Tesco Company Profile

...TESCO Company Profile * Tesco was founded in 1919 by Jack Cohen from a market stalls in London’s East End, over the years Tesco has grown and now operate in 13 countries around the world, employ over 519,000 people and serve tens of millions of customers every week. * The Tesco Group’ revenue as of 2012 is £64.539 billion and Net income is £2.806 billion. Products and Services Upstream > Tesco provide house brand products such as Cloth brand F&F, Organic foods, Bakery which standard products at "mid range, own label store prices". Downstream > Tesco as kinds of distribution channels through which a product passes on its way from a manufacturer to end user. Their retail stores receive goods from vendors to customers. Global Services Tesco Club card helps Tesco compete around the world by rewarding loyalty customers; extra point coupons and money-off coupons. Club card is now in twelve Tesco countries except US. Tesco Bank provide financial services; insurance, credit card> Worldwide, credit cards have become an almost indispensable financial tool in the system of payments. Foreign Direct Investment (FDI) Wholly-owned Operating in 9 countries; Czech Republic, Hungary, Poland, Slovakia, Republic of Ireland, India, Turkey, US and UK. * Japan also was one wholly-owned but it has been treated as discontinued following their decision to sell the business. * USA – Fresh and Easy store has Failed US Grocery Chain and they plan to leave the market...

Words: 593 - Pages: 3

Free Essay

Cisco Company Profile

...Wallis Belcher SCM 3660 Company Profile- Cisco 3/17/15 Why do they outsource manufacturing? * Since Cisco went public in 1987, they have seen an almost continuous growth in net sales inquired by the company. When adding a service sector to the company’s operations around the 2000’s, service began to become a large and significant part of the company’s sales and income. This growth in demand caused Cisco to consider other alternatives such as outsourcing. Cisco originally outsourced their manufacturing activities in order to sustain the company’s rapid growth. In the decision to outsource, the company would gain the advantage of more flexibility and costs savings as they didn’t have to invest in their own manufacturing facilities. In addition to this, they would be able to keep up with the rise in demand in products. When Cisco made the decision to outsource, this required the company to adapt and extend supply chains. With over 1,000 suppliers, Cisco must outsource its manufacturing activities in order to keep up with growing demand. The company currently makes a majority of its revenues off of switching and routing, however it offers many other products that are also beginning to see growth. All of these products each require its own, unique supply chains. Cisco viewed that the way to keep up with all of these supply chains, was to outsource nearly all of its manufacturing. Should they consider insourcing some of it? * Cisco should start making the efforts to...

Words: 554 - Pages: 3