Dole Presentation

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General Overview of Dole\'s Performance

General Overview of Dole\'s Performance

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  • 1. Presented by: Joshua S. Neeper www.dole.com
  • 2. Dole Food Company is one the most respected food companies in the world today. They are considered the world’s largest producer and marketer of high quality fresh fruits & veggies . Company Introduction
  • 3. Corporate Social Responsibility Report “As the world's largest producer and marketer of high quality fresh fruit and fresh vegetables and with a growing line of packaged and frozen foods, the DOLE brand is synonymous with high quality standards and satisfaction. Dole has earned this reputation over the last 154 years thanks to its unwavering commitment to fulfill its customers' needs and consumers' expectations in the critical areas of quality assurance, food safety, traceability, environmental responsibility and social accountability.” www.dole.com
  • 4. Food For Thought
    • Founded 1851- Hawaii
    • Over 200 products in 2009
    • 90 Countries
    • 36,000 Full Time Employees
    • 23,000 Seasonal Employees
  • 5. Product Line
  • 6. North America Europe Africa South America Asia Latin America
  • 7. Critical Success Factors
    • Health Factor
    • Brand Equity
    • Transportation (Ocean Cargo)
    • Facilities All Over the World
    • Quality
  • 8. Competitor Identity
  • 9. Production & Purchasing Strategies Logistics Owning Farms Sustainability
  • 10. National and local governments who work with the company to gain access to farming land for its produce Opposition from Colombia & Philippines Negative criticism as to how it treats its workers and shareholders Employee abuse, neglect, or misconduct Economic Forces
  • 11. Strengths Brand Recognition International Marketing Fleet of Cargo Ships Quality Product Diversity
  • 12. Weaknesses Too Many Court Filings Against Them Underperforming Assets They are NOT Investing in Sustainable Technologies They portray that crop rotation was founded litteraly yesterday!!
  • 13. Threats Hydroponics Fewer People Pursuing Farming
  • 14. Company Performance FINANCIAL CRISIS: Major Issues 2007 2008 2009 I must be the Stupidest CEO
    • Productivity
    • Efficiency
    • Profit Margin
    • Declining Net Income
    (X 1,000)= Billions 2010 2009 84,085 121,005 Net Income Decline of: 30% or 36,920 Profit Margin 0.23% Return on Assets 3.15%
  • 15. Growth Suggestions ?
  • 16. Questions?