Please answer the following:
Hambi Ulakaya, a Turkish immigrant, is founder and leader of Chobani. He took considerable risks starting and growing this business. For example, he purchased an old Kroger cheese manufacturing plant and hired all the recently fired employees. His philosophy is to make a quality product using only natural, healthy ingredients. His endeavor has paid off in that now Chobani has over 50% of the yogurt market.
- How has Ulukaya’s different approach to running a business been his most valuable attribute?
- Could there be any potential weaknesses associated with Chobani’s corporate philosophy?
- Why might a leader not necessarily be a good manager? And vice versa?