Try to conjure up the fact, how many organizations let its
employees decide what benefits they would like to have for themselves and where
everyone knows everyone else's salary figure. Does this sound radical?
Does this sound revolutionary? Picture, if you can, a company that doesn't
think of itself as a company, but as a community of people working to make a
difference in the world, where the mission matters as much as the
bottom line. Yes, at Whole Foods Market (WFM) this is precisely what is
being practiced day in and out.
WFM is the world's largest natural foods retailer, and also stocks
several products that are certified as `organic'. It is America's first
nationally certified grocer. WFM is among the fastest growing retailers in
the US, and is known for its high growth rate in an industry characterized
by zero to negative same store sales growth.
In January 2009, Fortune, a prominent business magazine, published
its annual list of the `100 Best Companies to Work For' in the US. WFM
featured at number 22 in the overall ranking. It was the 12
consecutive time that Fortune had ranked WFM
as one of the best companies to work for (WFM was also one of the few
companies to have featured on the list every year since Fortune started publishing it in 1998). |