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lululemon athletica
          A presentation on
         lululemon athletica

         Presented by Team lulu (3)
Justin Breton - Hank Chow - Jenna Cristello
   Galin Ma - Alexis Smith - Erin Thomas

                                              1
lululemon
        Background
Founded and based in Vancouver, 1998

IPO in 2007; tremendous growth

Christine Day, new CEO

Mission: “To provide components for people to live
a longer, healthier, and more fun life.”



                            http://media.canada.com/cfe7ac49-e090-4323-a853-83766709cd57/lululemon_np_072707.jpg

                                                                                                                   2
“I used to work in other retail
stores and hated it... But here, it
doesn’t feel like retail. Things are
     done outside of the box.”

-Erin Svare, Assistant Manager at Hingham
              lululemon store




                                            3
“At lululemon, you surround
yourself with people who change
their lives how they want to live
them and do something about it.
   It’s very fulfilling for me.”

  -Monique Cahn, Manager at Hingham
            lululemon store




                                      4
Sharing Values Through
  an Organic Process
Self-development

Educators are the medium to
guests

Reflection onto community

  Vision: “To elevate the world from
  mediocrity to greatness.”



                                       5
“The law of attraction is very
important for hiring because great
  people attract great people and
that’s the foundation of lululemon.”

   -Gretchen Hibbs, Regional Community
          Manager for lululemon




                                         6
Educators on the
   Front-line
     Educators = Face of the company

       More than employees!

     Hire people with same values and
     lifestyle

     Absence of surface and deep-level
     diversity


                         http://www.iloverewards.com/images/gallery_lululemon.jpg

                                                                                    7
Recommendations for
Organizational Structure

 Diversify homogenous organization

   Broaden customer base

   Expand products

   Adopt ultimate view points

 Eliminate Groupthink



                                     8
“Give people jobs that they are
good at. Don’t ask for things to be
done just to get them done. I try to
   play to people’s greatness.”

  -Vinita Goswami, Manager at Prudential
           Center lululemon store




                                           9
Equality

Team-based; no barriers within this box

  Management pods

“Enhanced my commitment to lululemon.”

Managers feel respected; earned respect

Absence of hierarchy



                                          10
Recommendations
 for Management

Management more proactive in approaching
educators

Improve conflict resolution




                                           11
“As entrepeneurs, you have to be
 open to feedback. You never want
to be complacent because you wont
          grow that way.”

   -Cara Cameron, Regional Manager for
               lululemon




                                         12
Rewards, Feedback,
 Entrepreneurship
Intrinsic and extrinsic rewards

Instant, on-the-spot feedback

Managers are CEOs

“Ask for forgiveness, not permission.”




                                  http://www.lululemon.com/emails/2007_02_01/images/yorkdale_ambassador.jpg

                                                                                                       13
Recommendations
  for Motivation

     Keeping the bar high

     Remain focused on individuals

     Maintain a self-reinforcing
     workforce




                   http://www.gov.bc.ca/ecdev/img/gallery/img_hyp14_lululemon_japan_hansen.jpg

                                                                                            14
“26 young children came into the
 store with their familes to take a
   dance class. This created an
   amazing sense of community
  within a larger town. lululemon
     was able to give people an
opportunity to try something new.”

   -Monique Cahn, Manager at Hingham
             lululemon store


                                       15
Impacting the Global
     Economy
 Business as a medium for change

 Igniting change in the culture of retail industry

 Recommendations:

   Constant prices, diversify product line

   Expand target market



                                                     16
!




    Thank you!

                 17

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Lululemon Athletica

  • 1. lululemon athletica A presentation on lululemon athletica Presented by Team lulu (3) Justin Breton - Hank Chow - Jenna Cristello Galin Ma - Alexis Smith - Erin Thomas 1
  • 2. lululemon Background Founded and based in Vancouver, 1998 IPO in 2007; tremendous growth Christine Day, new CEO Mission: “To provide components for people to live a longer, healthier, and more fun life.” http://media.canada.com/cfe7ac49-e090-4323-a853-83766709cd57/lululemon_np_072707.jpg 2
  • 3. “I used to work in other retail stores and hated it... But here, it doesn’t feel like retail. Things are done outside of the box.” -Erin Svare, Assistant Manager at Hingham lululemon store 3
  • 4. “At lululemon, you surround yourself with people who change their lives how they want to live them and do something about it. It’s very fulfilling for me.” -Monique Cahn, Manager at Hingham lululemon store 4
  • 5. Sharing Values Through an Organic Process Self-development Educators are the medium to guests Reflection onto community Vision: “To elevate the world from mediocrity to greatness.” 5
  • 6. “The law of attraction is very important for hiring because great people attract great people and that’s the foundation of lululemon.” -Gretchen Hibbs, Regional Community Manager for lululemon 6
  • 7. Educators on the Front-line Educators = Face of the company More than employees! Hire people with same values and lifestyle Absence of surface and deep-level diversity http://www.iloverewards.com/images/gallery_lululemon.jpg 7
  • 8. Recommendations for Organizational Structure Diversify homogenous organization Broaden customer base Expand products Adopt ultimate view points Eliminate Groupthink 8
  • 9. “Give people jobs that they are good at. Don’t ask for things to be done just to get them done. I try to play to people’s greatness.” -Vinita Goswami, Manager at Prudential Center lululemon store 9
  • 10. Equality Team-based; no barriers within this box Management pods “Enhanced my commitment to lululemon.” Managers feel respected; earned respect Absence of hierarchy 10
  • 11. Recommendations for Management Management more proactive in approaching educators Improve conflict resolution 11
  • 12. “As entrepeneurs, you have to be open to feedback. You never want to be complacent because you wont grow that way.” -Cara Cameron, Regional Manager for lululemon 12
  • 13. Rewards, Feedback, Entrepreneurship Intrinsic and extrinsic rewards Instant, on-the-spot feedback Managers are CEOs “Ask for forgiveness, not permission.” http://www.lululemon.com/emails/2007_02_01/images/yorkdale_ambassador.jpg 13
  • 14. Recommendations for Motivation Keeping the bar high Remain focused on individuals Maintain a self-reinforcing workforce http://www.gov.bc.ca/ecdev/img/gallery/img_hyp14_lululemon_japan_hansen.jpg 14
  • 15. “26 young children came into the store with their familes to take a dance class. This created an amazing sense of community within a larger town. lululemon was able to give people an opportunity to try something new.” -Monique Cahn, Manager at Hingham lululemon store 15
  • 16. Impacting the Global Economy Business as a medium for change Igniting change in the culture of retail industry Recommendations: Constant prices, diversify product line Expand target market 16
  • 17. ! Thank you! 17