TOMS`strategytofulfillitsvisionstressesouttheestablishmentofshoe-givingpartnershipswithinternationalhumanitarianorganizationsthatcontributewiththeirexpertiseandextensiveexperienceincommunitiesthatareinneedofhelp.Thesepartnershipsareveryimportantsincethecompanycanbesurethatitsdonationsarehavingthebiggestimpactpossible.TOMS`strategicpartnershipsallowthecompanyto:
Identifycommunitiesthatneedshoes
:determinedisadvantagedcommunitieswhereTOMSshoeswillserveeconomic,healthandeducationneeds.
Getthepropershoestochildren
:besurethattheirshoeswillsatisfythechildren`sneeds.
Helptheirshoeshaveabiggerimpact
:TOMSshoesarepartofextensivehealthandeducationprogramsrunbytheirGivingPartners.
Givechildrenshoesastheygrow
:onceacommunityisidentified,TOMSwillcontinuouslysupplyshoestohelpthelocalchildrenstayhealthyandhaveaccesstoeducationastheygrowup.
Providefeedback
:thecompanyreliesonfeedbackaboutitsshoesandgivingprocessinordertohaveacontinuousimprovementoftheirprograms.TOMS`strategyembodies5components.First,thecompanyemphasizestheimportanceofridingatrend.TOMSidentifiedtheriseinconsumerswhohavebecomemoreconsciousaboutthegoodstheirpurchaseaswellasofitsimpactinthesocietyandtheenvironment.Moreandmoreconsumersarewillingtopurchaseapairofshoesandknowthatatthesametimetheyaredoingsomegoodintheworld.Secondly,thecompanywascreatedunderthepremisethatsalesequalthegooddone.Mycoskiesaid,"...weknoweverydaythatwe'regoingtogiveawayonepairofshoesforeveryonewesell,andthat'sthat.Ifwecan'tmakethebusinessworkthatway,thenthebusinessjustdoesn'twork"(Fritz).Third,thecompany`smodelisaself-feedingloop.Sustainabilityhasbeenthemainconcernsincethecompanywascreated.Fourth,TOMS`strategydependsontheconstantmotivationandparticipationoftheiremployees.Thesuccessfulentrepreneurstatesthattheemployeemoraleisalwayshighbecauseeveryoneishappyknowingtheyaredoingsomethingtoimproveachild`slife.Thisalsoallowsthecompanytoattractabetter-calibertalentthatseekstoimprovethecompany`sbusinessmodel.
TOMS'strategytofulfillitsvisionstressesouttheestablishmentofshoe-givingpartnershipswithinternationalhumanitarianorganizationsthatcontributewiththeirexpertiseandextensiveexperienceincommunitiesthatareinneedofhelp.Thesepartnershipsareveryimportantsincethecompanycanbesurethatitsdonationsarehavingthebiggestimpactpossible.TOMS'strategicpartnershipsallowthecompanyto: Identifycommunitiesthatneedshoes: determinedisadvantagedcommunitieswhereTOMSshoeswillserveeconomic,healthandeducationneeds. Getthepropershoestochildren: besurethattheirshoeswillsatisfythechildren'sneeds. Helptheirshoeshaveabiggerimpact : TOMSshoesarepartofextensivehealthandeducationprogramsrunbytheirGivingPartners. Givechildrenshoesastheygrow: onceacommunityisidentified,TOMSwillcontinuouslysupplyshoestohelpthelocalchildrenstayhealthyandhaveaccesstoeducationastheygrowup. Providefeedback :thecompanyreliesonfeedbackaboutitsshoesandgivingprocessinordertohaveacontinuousimprovementoftheirprograms.TOMS'strategyembodies5components.First,thecompanyemphasizestheimportanceofridingatrend.TOMSidentifiedtheriseinconsumerswhohavebecomemoreconsciousaboutthegoodstheirpurchaseaswellasofitsimpactinthesocietyandtheenvironment.Moreandmoreconsumersarewillingtopurchaseapairofshoesandknowthatatthesametimetheyaredoingsomegoodintheworld.Secondly,thecompanywascreatedunderthepremisethatsalesequalthegooddone.Mycoskiesaid,"...weknoweverydaythatwe'regoingtogiveawayonepairofshoesforeveryonewesell,andthat'sthat.Ifwecan'tmakethebusinessworkthatway,thenthebusinessjustdoesn'twork"(Fritz).Third,thecompany'smodelisaself-feedingloop.Sustainabilityhasbeenthemainconcernsincethecompanywascreated.Fourth,TOMS'strategydependsontheconstantmotivationandparticipationoftheiremployees.Thesuccessfulentrepreneurstatesthattheemployeemoraleisalwayshighbecauseeveryoneishappyknowingtheyaredoingsomethingtoimproveachild'slife.Thisalsoallowsthecompanytoattractabetter-calibertalentthatseekstoimprovethecompany'sbusinessmodel.
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TOMS`strategytofulfillitsvisionstressesouttheestablishmentofshoe-givingpartnershipswithinternationalhumanitarianorganizationsthatcontributewiththeirexpertiseandextensiveexperienceincommunitiesthatareinneedofhelp.Thesepartnershipsareveryimportantsincethecompanycanbesurethatitsdonationsarehavingthebiggestimpactpossible.TOMS`strategicpartnershipsallowthecompanyto: Identifycommunitiesthatneedshoes :determinedisadvantagedcommunitieswhereTOMSshoeswillserveeconomic,healthandeducationneeds. Getthepropershoestochildren :besurethattheirshoeswillsatisfythechildren`sneeds. Helptheirshoeshaveabiggerimpact :TOMSshoesarepartofextensivehealthandeducationprogramsrunbytheirGivingPartners. Givechildrenshoesastheygrow :onceacommunityisidentified,TOMSwillcontinuouslysupplyshoestohelpthelocalchildrenstayhealthyandhaveaccesstoeducationastheygrowup. Providefeedback :thecompanyreliesonfeedbackaboutitsshoesandgivingprocessinordertohaveacontinuousimprovementoftheirprograms.TOMS`strategyembodies5components.First,thecompanyemphasizestheimportanceofridingatrend.TOMSidentifiedtheriseinconsumerswhohavebecomemoreconsciousaboutthegoodstheirpurchaseaswellasofitsimpactinthesocietyandtheenvironment.Moreandmoreconsumersarewillingtopurchaseapairofshoesandknowthatatthesametimetheyaredoingsomegoodintheworld.Secondly,thecompanywascreatedunderthepremisethatsalesequalthegooddone.Mycoskiesaid,"...weknoweverydaythatwe'regoingtogiveawayonepairofshoesforeveryonewesell,andthat'sthat.Ifwecan'tmakethebusinessworkthatway,thenthebusinessjustdoesn'twork"(Fritz).Third,thecompany`smodelisaself-feedingloop.Sustainabilityhasbeenthemainconcernsincethecompanywascreated.Fourth,TOMS`strategydependsontheconstantmotivationandparticipationoftheiremployees.Thesuccessfulentrepreneurstatesthattheemployeemoraleisalwayshighbecauseeveryoneishappyknowingtheyaredoingsomethingtoimproveachild`slife.Thisalsoallowsthecompanytoattractabetter-calibertalentthatseekstoimprovethecompany`sbusinessmodel.
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