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Whole Foods Did What?

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A month or so ago I was talking about Whole Foods and their approach to customers.  I also mentioned some of the trouble their CEO got into with a blog posting he wrote.  Well I just read Andy Sernovitz's Damn, I Wish I'd Thought of That! blog and he pointed out a WSJ article indicating that the board of Whole Foods modified their code of conduct to restrict executives from posting about the company, competitors, suppliers etc unless it is a company sponsored forum (to me this sounds like it is edited, reviewed and approved). 

Andy makes a great point about using blogs and forums in the right way.  In my original post I indicated there are some common sense rules you need to consider when posting especially if you are the head of a publicly traded company.  If there is one thing I learned in the last year or so it is that a blog is a great way to grow your business and build relationships.  It takes time but it works. 

I am sure the board is doing what they think is best but if you ask me (which they didn't) they are missing a great opportunity to communicate with their best customers.

Lets see what happens next. 

Oh and don't worry I will still shop at Whole Foods but I won't be reading their blog...

Josef

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2 Comments

[-] Posted by mergatroidal on 11/10/2007 10:19 AM
Josef, and sometimes one must simply draw the machete and start hacking into the thick verdant underbrush, clearing away the vines and logs, confront the snakes and lions in battle, and move on.

An excellent command of the English language will keep your machete sharp, and with a "Damn the Torpedoes, full steam ahead" attitude, blogs are simply one more thing to get a handle on (control of) and then to manipulate your way in order to get what you want done.

Was it because of online financial board postings that got Mr. Mackay into hot water? Unclear to me what the hub-hub is all about.
[-] Posted by Josef Katz on 11/11/2007 6:48 PM
The hub-hub had to do with some comments he posted about wild oats (a competitor) which Whole Foods later tried to purchase. I don't think he was trying to do anything illegal. However, when it comes to public companies and potential investments people on the inside who may have information that can help or hurt a deal need to be a little extra careful about what they say.
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