University of The Cumberlands Wegmans Food Market Leadership Presentation What principles from John Maxwell, Jim Collins, David Marquet, Daniel Pink, theSurvival Guide, Simon Sinek and other leadership experts does your company demonstrate? I need someone who has a good background in organization leadership challenges to do this assignment. Cuz it has to be specific answer. the company is Wegman food market. I need 2 PowerPoint slides, and one to 2 paragraphs. Wegmans Food Market
Basic Information
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Regional supermarket chain
101 Stores
One of the largest private companies in U.S
49,000 employees
Annual sales in 2018 of $9.2 billion
Inside a Wegmans Store
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Burlington Massachusetts
Includes:
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Pharmacy
Catering
Floral
Pizza
Sub Shop
Bakery
Asian Bar
Sushi
Market Cafe
Nature’s Marketplace
History
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Wegmans was founded in 1916 by brothers John and Walter Wegman
Initially started the company after working on their parents’ store
The company began as the Rochester Fruit & Vegetable Company
Later renamed Wegmans
Robert Wegman assumed leadership in 1950 until his death in 2006
Current CEO is Colleen Wegman, daughter of former CEO Danny Wegman
Companies Beliefs
● A common goal, can accomplish anything they set out to do.
● In this spirit, we set our goal to be the very best at serving the needs of our
customers. Every action we take should be made with this in mind.
● We also believe that we can achieve our goal only if we fulfill the needs of our
own people.
Mission and Vision Statement
Mission Statement: Every Day You Get our Best. Our customers tell us they choose
Wegmans for the helpful people in our stores, help with delicious meals from our
chefs, and the freshest ingredients possible. Offering choice, quality and value in every
aisle is how we hope to make your shopping experience a genuine pleasure.
Vision Statement: At Wegmans, we believe that good people, working toward a
common goal, can accomplish anything they set out to do. In this spirit, we set our
goal to be the very best at serving the needs of our customers. Every action we take
should be made with this in mind. We also believe that we can achieve our goal only if
we fulfill the needs of our own people. To our customers and our people we pledge
continuous improvement, and we make the commitment: “Every Day You Get Our
Best”
Company Values
● We care about the well-being and success of every person.
● High standards are a way of life. We pursue excellence in everything we do.
● We make a difference in every community we serve.
● We respect and listen to our people.
● We empower our people to make decisions that improve their work and benefit
our customers and our company.
Five Practices of Exemplary Leadership
Model the Way-High Standards
Challenge the Process- Sustainability
Inspired a Shared Vision- Values and Family Owned
Enable Others to Act- Listen to Others and Imput
Encourage the Heart- Employee Benefit and Awards
Colleen Wegmans’ Principles of Exemplary Leadership
● Helping others will guide you into heaven
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Develop your employees
Guide others towards success
● Follow your heart
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Begin with a passion for something
Apply high standards
Take the necessary risk to bring it into fruition
● Take action on what you learn
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You don’t need to have all the answers yourself
Jack Welch: “Surround yourself with smarter people’
Employee-First-Leadership
● Wegmans took the #1 spot on Fortune’s “100 best companies to work for” list in
2005
● Make employees feel highly valued, and they will be highly loyal
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1950, Wegmans began providing healthcare packages
They also stand out for their connection to family
■ Entire company built on family
■ Workplace arranged to make all workers feel like a family, rather than simply a team
Employee Benefits
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Dental Coverage
401(k) Retirement Savings Plan
Wegmans Retirement Plan
Scholarship Competition
Paid Time Off
Medical Spending and Dependent Care Reimbursement Accounts
Life Insurance
Adoption Assistance
Flexible Schedules
Learning from Wegmans
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Make customer convenience your driver
Look for customer service opportunities
Embrace technology
Introduce private label products
Become an active community-member
John Maxwell:
Daniel Pink:
Jim Collins:
Survival Guide:
David Marquet:
Simon Sinek:
Conclusion
Works Cited
https://www.wegmans.com/about-us/company-overview.html
https://www.businessmanagementdaily.com/25405/wegmans-secret-employees-come-first/
https://www.shrm.org/hr-today/news/hr-magazine/pages/1009owens.aspx
https://www.bestpracticeinstitute.org/blog/best-practices-3-companies-people-love-work/
https://www.forbes.com/sites/marciaturner/2017/01/31/what-small-business-owners-can-learn-from-wegmans/#555c43d557fa
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