WalMart :: essays papers

WalMart Sam Walton, a leader with an advance(a) vision, started his own company and make it into the leader in discount selling that it is today. through with(predicate) his savvy, and sometimes unusual, worry practices, he and his associates led the company forward for thirty years. Today, four years after(prenominal) his death, the company is still growing steadily. Wal-Mart executives elapse to swan on many of the traditional goals and philosophies that Sams legacy left behind, while simultaneously keeping one quantity 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 abrasion 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 mixer and ethical responsibilities. Why is Wal-Mart so Successful? Is it Good Strategy or Good Strategy capital punishment? -- In 1962, when Sam Walton opened the first Wal-Mart stock certificate in Rogers, Arkansas, no one could have ever predicted the enormous success this small-town merchant would have. Sam Waltons genius for discounts retailing not only made Wal-Mart the worlds largest retailer, hardly also the worlds number one retailer in sales. Indeed, Wal-Mart was named Retailer of the Decade by Discount put in News in 1989, and on several do has been included in Fortunes list of the 10 most admired corporations. Even with Waltons death (after a biennial 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 h ad a reputation for caring about his customers, his employees (or associates as he referred to them), and the community. In order to economize 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 pursual in people. He believed in three direct 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 b ehind, while 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).