3 pages/≈825 words
Wal-Mart (Case Study Sample)
Wal-Mart's CEO Lee Scott has asked you to critique his efforts to transform Wal-Mart and combat Wal-Mart bashing and to make recommendations for further improving the way the company conducts its business. Wal-Mart's CEO Lee Scott has asked you to critique his efforts to transform Wal-Mart and combat Wal-Mart bashing and to make recommendations for further improving the way the company conducts its business. Please prepare a 3-5 page report, APA format (plus a cover page and reference page as part of this academic exercise) to Lee Scott and Wal-Mart management detailing your thoughts and analysis. Your critique and recommendations should be thoroughly supported with research and forcefully argued. 1. What impresses you about this company? What accounts for Wal-Mart's success over the past 25+ years? Is it a great strategy, superb strategy implementation and execution, or great leadership? What aspects of Wal-Mart do you find unimpressive? 2. Which of the five generic strategies is Wal-Mart employing? What are the chief elements of its strategy? 3. Is Wal-Mart's strategy working well? What does the information in case Exhibit 1 reveal about the company's strategic and financial performance during 2000-2008? What information can you find online to compare/contrast to 2008 – 2011? 4. What policies, practices, support systems, and management approaches underlie Wal-Mart's efforts to execute the company's strategy? 5. What are its chief elements and characteristics of Wal-Mart's culture? Why does the culture seem to be so much stronger in Bentonville than out in the stores? 6. What is your assessment of Lee Scott's transformation initiatives? Are the initiatives “sincere” or just calculated to garner better PR for Wal-Mart? For instance, Wal-Mart is planning aggressive expansion to urban markets with small scale stores and stand-alone grocery stores. Is this a transformational initiative? Why or why not? Please know you are expected to research this initiative to complete this question. 7. What issues do Lee Scott and Wal-Mart management need to address? 8. What recommendations would you make to Lee Scott? source..
Topic: Wal-mart Name: Course name: Institutions name: Instructors name: Wal-mart is a chain of retail shops worldwide. It is also one of the oldest retail shops in the world. Wal-mart was founded in 1962 by Sam Walton in Rodgers Arkansas. Over the years, the chain stores have not only grown to be the leading retail shops in US but the world at large (Walton, 2006). This paper asserts various aspects of the retail shops including its management, success, failures and gives recommendation for improvement. Great strategy, great leadership and superb implementation of the strategies have contributed to the success of Wal-mart. During Scott’s leadership, Wal-mart retained its position as the number one retailer in the world. The strategies, that is; to have a wide selection of goods at low prices has worked to the favor of Wal-mart. There are a lot of things that are impressive about Wal-mart. First is that net profit and revenue has been increasing over the years. The total revenue changed from $12.6 million in 1967 to $285 billion in 2005. Statistics show that Wal-mart is growing in terms of number of stores being set up both locally and overseas. For example, Wal-mart had 24 stores in Arkansas by 1967. In 2005, there were a total of 3,702 stores in US only (Ariel, 2011). In 2010 alone, 2 stores were closed down in US but 54 were set up in their place. Similarly, 20 were closed down in the overseas during the same year but 517 were set up in their place. This is particularly impressive because the growth has provided employment to many people. Another impressive feature in Wal-mart is its continued strategies to fulfill the diverse customers’ needs. This has been particularly demonstrated when Wal-mart teamed up with Michelle Obama in setting up grocery stores in regions termed as ‘food deserts’. Wal-mart is also planning to set up 300 such centers in the next 5 years. However, some of the practices make Wal-mart unpopular. The strategy to maintain low cost has led to low wages ...
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