Costco's First Code of Ethics
What is Obey the Law?
Setting expectations and planning a clear path
What is Goals?
Narrowing the scope of the goal.
What is Specific?
Costco provides quality goods and services at the lowest possible price.
What is taking care of our Members?
Knowing when and where to place people to meet the needs of the business.
What is Roles?
Key performance indicator
What is Measurable?
Resources for living benefits
What is taking care of our employees?
Tools, Data and Resources assisting in daily operations.
What is information?
Ensuring resources are available
What is Achievable?
Costco's Fourth Code of Ethics
What is respecting our Vendors?
Coaching, Teamwork and providing Job Skills to develop Costco employees.
What is people?
Focusing on the outcome of a goal
What is Result Oriented?
Ultimate goal of Costco's Code of Ethics
What is rewarding our Shareholders?
Teamwork is accomplished when these 4 strategies are used.
What is Getting a Grip?
Setting deadlines for specific goals
What is time based?