Greyston Bakery: The Zen Of Philanthropy Case Study

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Greyston Bakery: The Zen of Philanthropy
Brook Charles
BA 310

Greyston Bakery: The Zen of Philanthropy
The new CEO appears to have much more corporate business experience than the previous CEO. Should this be a concern for the corporation?
William Mistretta who took over as CEO after Julius Walls resigned has more experience in diverse management roles in the corporate world. Mistretta had around 25 years’ experience in doing corporate business while Walls only experience came from working in a chocolate company and briefly as a Marketing Director in Greyston Bakery Board of management. According to the text, Julius Walls had established a task-oriented system that worked excellently for the company. Walls had a good understanding of what he wanted from his employees. In addition, he expected them to be accountable for the quality of their actions. This system worked excellently and the corporation may be uncertain how the new CEO will fit in. However, I do not think the fact that the new CEO has more experience should be a concern. If anything, the new CEO, due to his vast experience will likely adopt the system and find ways to make it even better. His vast experience means he has witnessed …show more content…

Greyston Bakery is genuinely concerned with the welfare of its employees. The company is not just about making profits through food production but also to improving the general welfare of its employees and the community in general. The fact that the corporation offers jobs to anyone without any pre-hiring screening or background checks endears many. By doing this, the company offers opportunities to individuals who have been ‘written off’ by the society. The corporation social mission is therefore what makes it very successful. Greyston Bakery is a Benefit Organization (an organization that creates social value besides making

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