WCA WEEK 6.pdf - Running head WRITTEN CASE ASSIGNMENT \u2013 WEEK 6 Written Case Assignment \u2013 Week Six Kyle Albritton BUS5070 \u2013 Fall 2019 Dr Waldo

WCA WEEK 6.pdf - Running head WRITTEN CASE ASSIGNMENT –...

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Running head: WRITTEN CASE ASSIGNMENT WEEK 6 1 Written Case Assignment Week Six Kyle Albritton BUS5070 Fall 2019 Dr. Waldo Warner University
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WRITTEN CASE ASSIGNMENT WEEK 6 2 Written Case Assignment Employees Own Bob’s Red Mill The case study for this week was definitely an interesting choice, as one has to see that it is all about giving thanks. Hailing from the Pacific Northwest, the organization profiled this week is Bob’s Red Mill Natural Foods of Portland, Oregon. Bob’s Red Mill sells a variety of whole-grain flours and mixes, specializing in gluten-free products. The company’s products can be found all over North America, as well as some international markets, and their revenues have grown 20- 30% in the years since 2004 (Noe, Hollenbeck, Gerhart, & Wright, 2017). In 2010, Bob Moore, the founder and president (as well as the company’s namesake), brought his 200 employees together and announced that he was giving ownership of the company to them. As a retirement plan for the employees, Moore had set up an employee stock ownership plan, placing the company’s stock in a trust fund (Noe et al., 2017). Bob announced that all employees who had been with the company for at least three years were immediately fully vested in the plan and as employees retire, they will receive cash for their shares of the company. The article goes on to discuss how the company has grown and how dedicated the employees are to the company and its mission. The article concludes with the major question everyone asks, and that is why did Moore give his company to
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