Publix Business Analysis

As defined in Merriam-Webster Dictionary, “culture is a set of shared attitudes, values, goals, and practices that characterize an institution or organization” (Culture). Publix is one of the best companies to work for because their culture shows how much they care about their associates, their customers, and their community. The organization is 100% employee owned and promotes internally. "Our culture is such that we believe if we take care of our associates, they, in turn, will take care of our customers. Associate ownership is our secret sauce," she said. "Our associates understand that their success is tied to the success of our company and therefore, we must excel at providing legendary service to our customers (Kim, 2014).” By Publix …show more content…
(Solomon, The Wal-Mart Slayer: How Publix's People-First Culture Is Winning The Grocer War, 2013)” Again, since they are generating large revenue, it’s easier for Publix employees to be promoted and make more money. “Those numbers in a field notorious for razor-thin margins stem from another heady fact: Publix, the seventh-largest private company in the U.S. ($27.5 billion in sales) and one of the least understood thanks to decades of media reticence, is also the largest employee-owned company in America. (Solomon, The Wal-Mart Slayer: How Publix's People-First Culture Is Winning The Grocer War, 2013)” The fact that associates actually have ownership within the company exemplifies why Publix is one of the best companies to work for. As stated in the article, “I’m always amazed that more companies don’t recognize the power of associate ownership,” says Publix CEO Ed Crenshaw, 62, the grandson of founder George Jenkins and the fourth family member to run the company. While Crenshaw has a 1.1% stake in Publix, worth $230 million, and his entire family has 20%, worth $4.2 billion, the employees (and former employees) are the controlling shareholders, with an 80% stake, worth $16.6 billion. Not …show more content…
One of their most recent donations was to Habitat for Humanity as described here, “Partnering with more than 80 affiliates of Habitat for Humanity across the Southeast, including Habitat-North Central Georgia, Publix Super Markets Charities announced today that it will donate $4 million to further the foundation’s commitment to meeting affordable housing needs in communities that Publix Super Markets serves. The donation will provide funding to build 40 new houses in 2016 as well as increase support for Habitat affiliates that the foundation currently funds. (Johnson, 2015)” Publix as an organization illustrates their Mission Statement with their activity in the community. In their Mission Statement: “Our mission at Publix is to be the premier quality food retailer in the world. To that end, we commit to being: Involved as responsible citizens in our communities. (Mission statement & Guarantee, n.d.)” Other national organizations that they support include the United Way, Special Olympics, and March of Dimes (Publix Super Markets, Inc. - Social and Enviromental Stewardship Report 2014, n.d.). Publix also provides backing for more local programs such as educational programs, youth sports sponsorships, health nutrition initiatives, and food sharing (Publix Super Markets, Inc. - Social and Enviromental Stewardship Report 2014, n.d.). Being servants in their perspective communities helps Publix surpass

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