Whole Food Market: Competitive Strategies

Whole Food Market In today’s business environment, companies are competing against each other and adopt competing strategies to gain superior businesses positions. This competition is very healthy and benefits both competing companies and costumers to create better and cheaper product or services. All businesses are trying hard to sustain businesses and achieve competitive advantage over the other competing businesses, competitive advantage is what makes a business better than their competitors in customers' minds. Whole Foods Market’s has a very strong strategy in recruiting and empowering employees and gain a strong team member through, adopting strong standards in recruiting and hiring new staff, providing extensive training for their new employees, sharing company’s information, providing good compensate, and authorizing their human capital with a decision-making authority, who is capable of producing work that supporting the company’s strategy for competing in the marketplace. The gained human capital’ value, rareness, and difficulty to imitate for creating the true competitive advantage by supporting the culture of innovation and creativity inside their organization to increase productivity, produce new products, sustain businesses and achieving the competitive …show more content…
The new associate must receive a two-thirds majority positive vote from the unit team members to be hired, which is really a great employee empowerment process adopted by the Whole Food Market company because teamwork requires that individuals work well together, but it could have some bad effects on the workforce diversity through stereotyping or