Maybe comparing companies like TOMS and Whole Foods with companies that are doing nothing to benefit others would be more effective. Needs Improvement: As a company I cannot see how they would be able to stay afloat after years of giving away half of their product without making money off the shoes they give away.
Whole Foods smorgasblurb -- Topsy. Andrea on March 9, 2011 at 11: You have to be employing dozens, if not hundreds of innovative folks in your manufacturing facilities in Argentina, China, and Santa Monica. In regards to the One for One model, I guess my point is less about where the revenue for the shoe giveaways comes from, and more about the core value TOMS is adding to our world. All companies practice and celebrate their do-goodism.
But in the meantime, the opposite of capitalism takes countries to scary places. Providing meaningful jobs and cool shoes to our world. Analyzing corporate charity models is one of my hobbies.
Lots of good, but some areas that could be tweaked. Whole Foods — smorgasblurb [...
Chris Reply. The good: I think the points you brought up about TOMS are valid and relatively true. But on the surface, like the one-for-one, sounds like it has immediate impact and help.
Chris on February 24, 2011 at 5: The poverty experienced by this group of the population is so extreme that even if there is a local cobbler, these children would never even be close to being able to afford a pair of shoes. Jeremy Walter on February 23, 2011 at 2: They connect their product—shoes—to their charity—shoes for poor kids.
I also think it is sometimes difficult for Americans to understand and imagine the level of poverty that is being discussed in these countries.
The individual investor making a good return , the do good company doing well by doing good , and the beneficiaries of the do good company a lot of mankind. More importantly, I remember her explaining that this would not be enough to even buy me a pair of shoes. We need a healthy social sector and public sector for societies to prosper.Blake Mycoskie: TOMS Shoes Founder on Changing Business and The World
First of all, good man for buying flowers for Alli. You buy slick kicks…and poor kids get free shoes. Capitalism does not fix everything, and if anything, the poverty that is experienced in most of these nations is in large part caused by the influence of capitalism. TOMS shoes would have a far greater positive impact by purchasing shoes locally, thereby actually supporting the local economy and potentially creating jobs for the parents of the kids that are receiving the shoes.
I hope you know I am a TOMS aficionado — and think they have been an incredible force in pioneering a model of business which promotes doing good.