Free Essays on Sinegal

  1. Leadership

    combo deal and refusing to hike profit margins by more than 14 percent, Costco warehouse has stayed true to its goal. Its co-founder and CEO, Jim Sinegal, has been called the Sam Walton of the 21st century for his low-key style and seeming defiance of all things Wall Street. But, whether investors like...

  2. What Is Leadership

    its more successful peers (Burlingham). Over the past five years Jim Sinegal has shepherded his company, Costco, to impressive returns. Costco’s stock has doubled, and revenues continue to grow at an impressive rate. Yet Sinegal might be better known as a man of the people at Costco. His name tag plainly...

  3. Costco

    company feeling and he did this by creating value from within. Of course for Sinegal, creating value from within meant taking good care of Costco's 160,000 employees, which is explicitly stated in the vision statement. One way Sinegal was able to do this was by fashioning a corporate culture that established...

  4. Costco Case Study

    has emerged and a feeling of confidence became eminent. Leaders really can be effective leaders and run a very productive company as shown by Jim Sinegal who is CEO of Costco. His outlook on the company is very inspiring and motivating for those reading the case study. In looking for more information...

  5. James D. Sinegal: Revolutionizing an Industry

    James D. Sinegal: Revolutionizing an Industry Table of Contents Biography of Jim Sinegal…………………………………………………………………………………...3 History of Costco…………………………………………………………………………………………...6 Management Strategy……………………………………………………………………………………..11 Costco’s Performance……………………………………………………………………………………..20 ...

  6. Managers and Leaders in an Organization MGT 330 January 2011

    1983 Kim Sinegal, the executive vice president of Price broke from Price Club and opened Costco Wholesale Corporation. As time went by, the two companies faced growing competition the two companies decided to merge into one company forming the new company PriceCostco. In 1994 Price and Sinegal began to...

  7. The Profit Earned

    their employees $17 an hour on average. This is 42 percent higher than Sam's Club. Costco also have their employees pay less on their health costs. Sinegal has their workers pay only 8 percent toward their health costs while the retail average is 25 percent. This is about triple the amount employees should...

  8. Organizational Culture Analysis: Costco

    In 1983, Costco Wholesale Corporation, the fourth-largest retailer in the United States, was founded by former Price Club executive, Jim Sinegal, and lawyer Jeffrey Brotman. Costco focuses on selling products at low prices in bulk packaging and focuses mostly to large families and small businesses...

  9. Costco's Extravagant Labor Costs Help Stockholders

    or 18 percent.” [6] Price inflation would allow Costco to increase profit by raising revenue without having to cut costs. Yet, Costco’s CEO, Jim Sinegal, refuses to exploit this method to pursue much desired profit. The Wall Street Journal reports that Costco pays a penalty for its generosity; in...

  10. Costco Case Analysis

    3. Do you think Jim Sinegal has been an effective CEO? What grades would you give him in leading the process of crafting and executing Costco’s strategy? What support can you offer for these grades? Refer to Figure 2.1 in Chapter 2 in developing your answers. I believe Jim Sinegal was an extremely effective...

  11. COSTCO

    market. Costco’s have clearly identified who their customers are and designed its strategy to keep those customers coming back for generations. Jim Sinegal, cofounder and CEO of Costco Wholesale, while his methods may be unorthodox, his business strategy is certainly working. He is not only interested...

  12. Flexible Leadership Theory

    increased profits. The following case study will assess Costco operations as they apply to FLT. Flexible Leadership Theory and Costco Jim Sinegal co-founder and CEO of Costco has a proven track record showing that FTE can lead to the success of an organization. As an upper-echelon leader, he...