WalMart :: essays papers

WalMart Sam Walton, a attraction with an innovative vision, started his own caller and made it into the leader in discount retail that it is today. Through his savvy, and sometimes unusual, business practices, he and his associates led the company forward for thirty years. Today, four years after his death, the company is still buzz offing steadily. Wal-Mart executives extend to rely on many of the traditional goals and philosophies that Sams legacy left behind, while simultaneously keeping one step onwards of the ever-changing technology and methods of todays fast-paced business environment. The fundamental law has faced, and is still facing, a significant amount of controversy over several different issues however, none of these fuck off done much more than scrape the out-of-door of this gigantic operation. The future withal looks bright for Wal-Mart, especially if it is able to strike a comfortable sense of equilibrium between increasing its profits and recognizing i ts social and ethical responsibilities. Why is Wal-Mart so Successful? Is it Good Strategy or Good Strategy Implementation? -- In 1962, when Sam Walton opened the first Wal-Mart store in Rogers, Arkansas, no one could have ever predicted the enormous success this small-town merchant would have. Sam Waltons talent for discounts retailing not only made Wal-Mart the worlds largest retailer, but also the worlds number one retailer in sales. Indeed, Wal-Mart was named Retailer of the Decade by Discount Store watchword in 1989, and on several occasions has been include in Fortunes list of the 10 most admired corporations. Even with Waltons death (after a two-year dispute with bone cancer) in 1992, Wal-Marts sales continue to grow significantly. Wal-Mart is successful not only because it makes sound strategic management decisions, but also for its innovative implementation of those strategic decisions. Regarded by many as the entrepreneur of the century, Walton had a repu tation for caring about his customers, his employees (or associates as he referred to them), and the community. In order to maintain its trade position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles 1. customer value and service 2. Partnership with its associates 3. Community involvement (The Story of Wal-Mart, 1995).WalMart essays papersWalMart Sam Walton, a leader with an innovative vision, started his own company and made it into the leader in discount retailing that it is today. Through his savvy, and sometimes unusual, business practices, he and his associates led the company forward for thirty years. Today, four years after his death, the company is still growing steadily. Wal-Mart executives continue to rely on many of the traditional goals and philosophies that Sams legacy left behind, whi le simultaneously keeping one step ahead of the ever-changing technology and methods of todays fast-paced business environment. The organization has faced, and is still facing, a significant amount of controversy over several different issues however, none of these have done much more than scrape the exterior of this gigantic operation. The future also looks bright for Wal-Mart, especially if it is able to strike a comfortable balance between increasing its profits and recognizing its social and ethical responsibilities. Why is Wal-Mart so Successful? Is it Good Strategy or Good Strategy Implementation? -- In 1962, when Sam Walton opened the first Wal-Mart store in Rogers, Arkansas, no one could have ever predicted the enormous success this small-town merchant would have. Sam Waltons talent for discounts retailing not only made Wal-Mart the worlds largest retailer, but also the worlds number one retailer in sales. Indeed, Wal-Mart was named Retailer of the Decade by Discount Store News in 1989, and on several occasions has been included in Fortunes list of the 10 most admired corporations. Even with Waltons death (after a two-year battle with bone cancer) in 1992, Wal-Marts sales continue to grow significantly. Wal-Mart is successful not only because it makes sound strategic management decisions, but also for its innovative implementation of those strategic decisions. Regarded by many as the entrepreneur of the century, Walton had a reputation for caring about his customers, his employees (or associates as he referred to them), and the community. In order to maintain its market position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles 1. Customer value and service 2. Partnership with its associates 3. Community involvement (The Story of Wal-Mart, 1995).