IIPM BUSINESS AND ECONOMY
As our interaction with the honcho at Hershey moves on to his leadership credo, this unassuming leader brims with humility, “Well, I guess leadership is about empowering individuals and at Hershey we certainly believe in doing so. You need to nurture talent and bring out the best in them.” He points out that integrity and conviction is a vital value to the growth of this company and attributes it to the founder of the company. “Our founder Milton S. Hershey transformed the business of making chocolates when he established an enduring model of responsible communities and gave his entire personal fortune to a trust that administers a school for disadvantaged children,” he explains, adding that ‘trust’ is the largest shareholder in The Hershey Company and employees are proud of the role that the school plays in the lives of these children. In fact, the act of endowment seems to have even influenced Richard and his wife Susan deeply. The couple have vowed $750,000 for the J. Mack Robinson College of Business.
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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