Hershey’s has a bright future, not only for its product, but with forming positive relationships. Milton Hershey left his entire fortune of $60 million to be used toward improving the lives of children at the Milton Hershey School. Each week, a guest speaker from the Hershey’s Company goes to the school to teach the business students about their careers and what they do at their job. This gives the students a real-life perspective of what Fortune 500 companies are all about.
“The power is in your hands. Are you going to work hard to show that people should invest in you…” said Kayvon Asemani, who attends Milton Hershey School. Asemani mentioned that this class is his favorite one because he is able to get a first-hand experience of what the business field is like. The Hershey’s Company takes pride in being able to educate the students about what it takes to be part of a successful company. In 2013, the Association for Career and Technical Education named this program as the “Outstanding Business/Education Partnership” in Pennsylvania. Because the business world now focuses so heavily on forming relationships, Hershey’s definitely has a bright future with this program.
Product is still important however, and Hershey’s is doing well in that aspect too. From 2012 to 2013, the company’s net sales increased 9.3 percent. The executives of the company believe Hershey’s is on its way to breaking the $10 billion mark in the coming years. The CEO of the company, J.P. Bilbrey, is also working to expand the product’s distribution. Overall, Hershey’s has a bright future from both a relationship and product standpoint. Therefore, if the company continues with what they are currently doing, a bright future is expected.
Information and Photo Links:
http://www.thehersheycompany.com/social-responsibility/shared-goodness/brightfuture (Got photos from the video, as well as information)