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Case Study the Container Store

In: Business and Management

Submitted By valencia750
Words 1368
Pages 6
CHAPTER 4
CASE ANALYSES
Introduction
Kip Tindell, Garrett Boone and John Mullen first opened The Container Store on July 1, 1978. The Container Stores are full of boxes, racks and containers to help you organize your home or office. The company playfully uses the motto “Contain Yourself.” Their company culture is centered around an “employee first” culture and values its employees. The Container Store has never lost sight of its number one stakeholder and owes much of their success to that strategy. From the beginning, its founders created foundation principles based on spiritual and golden rule philosophies. The foundation principles serve as a reflection in how the company treats their employees and how they treat each other. Company president and CEO Kip Tindell declares, “A funny thing happens when you take the time to educate your employees, pay them well and treat them as equals; You end up with extremely motivated and enthusiastic people.” It is not surprising that the Container Store has been on Fortune’s magazine annual list of “100 Best Companies to Work For” for fifteen years. The Container Store has also been highlighted in “10 top perks from Best Companies 2014” because of their annual We Love Our Employees Day celebration. In addition, Melissa Reiff, COO and Director, was recently highlighted as an influential female business leader in Dallas. The Container Store’s top leadership team is made up of 75% women and companywide it is 64%.
Organizational Strengths The Container Store owes their success to their employee-first approach. The company went public in 2013 and put more equity in the employees’ hands. About 20 percent of the IPO went to employees and those in a directed-share program. This unprecedented amount of total shares offered to employees to purchase is just one example of how The Container Store appreciates their

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