Running Head: The Hersey Company
Introduction
The Hershey Company has obtained a long standing within the Fortune 500 rankings.
The company has moved up in rankings from 384 in 2013 to being ranked 366 in 2014 (Fortune,
2014). What is quite remarkable is year after year since 1955 The Hershey Company has been
placed on the Fortune 500 list. Not only that, but they are one of only 57 original corporations to
achieve such notable notoriety (Bonner, 2014). A then 37 year old, Milton Hershey, was
completely oblivious to the impact he would leave on the world of chocolate. With a simple
philosophy, he took the industry by storm. The mission statements included environment,
marketplace, community, and workplace (Hershey’s, 2015). The Hershey Company continues
using their core values from the 1900’s. The core values are the foundation of The Hershey
Company’s success and have not been altered from when Milton Hershey first placed his
commitment and values to all he came into contact from this very enchanting business.
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Running Head: The Hersey Company
Milton Hershey never gave up. In fact he had several failures before finding the perfect
combination of equipment, ingredients, and distribution. One could say his major failures
propelled him to becoming a success. According to Entrepreneur’s article, Milton Hershey had
many believer’s, including his Aunt (2008). Hershey began his chocolate journey when the
“Robber Barons” were also gearing up. He followed his own path to success with one major
reason for his success, and that was his beliefs and values he had. Throughout the years The
Hershey Company has grown into a household name, along with being one of the largest
chocolatiers in the world and recognized on every continent. Hershey’s values, ethics, and
morals are what carried this company to the success it knows today. Milton Hershey certainly
got ahead of the world when it came to management style and corporate social responsibility.
Research Methods
