Assessment of Walmart's Current Strategy Using the SAFe Criteria

INTERNATIONAL ORGANISATION AND ASSESS THE CURRENT STRATEGY USING SAFe CRITERIA
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Executive Summary
The paper presents a comprehensive analysis of Walmart, utilizing the SAFe (Suitability, Acceptability, Feasibility) criteria to evaluate and propose a strategic plan for the retail giant. With a strong emphasis on Everyday Low Prices (EDLP) and an extensive product selection, Walmart's current strategy effectively meets market demands while leveraging its massive resource base and skillfully handling competitive pressures. It receives high marks for suitability. Investors are presented with a nuanced picture of the strategy's acceptability, with non-financial metrics highlighting a strong commitment to customer satisfaction and financial indicators like the P/E ratio and ROE indicating wise investment opportunities. Walmart has the human resources, financial, operational, and technological prowess, knowledge of external economic, social, and regulatory factors, and access to necessary resources to make its strategic direction a reality. The company's primary strategic directives are embracing technological innovations to bolster its e-commerce platform, growing customer feedback mechanisms, and streamlining the supply chain. It is important to acknowledge the potential difficulties in keeping prices low when faced with fluctuating costs and changing consumer preferences. It requires a flexible yet well-organized approach to implementation. To sustain growth and market leadership in the unstable retail sector, Walmart's strategy—while robust—must continue to be flexible and responsive.

Table of Contents

Executive Summary. 2

Introduction. 4

Analysis. 4

Walmart’s Business Strategy. 5

Walmart’s Strategy and SAFe Criteria. 6

Suitability. 6

Acceptability. 8

Feasibility. 9

Proposed Strategies and Implementation. 11

Strategic Directions. 11

Product/Service Diversification and Market Expansion. 11

Customer Engagement - Improving Loyalty and Experience. 11

Sustainability and Social Responsibility. 12

Perspectives on Implementation. 12

Allocating Resources - Capital Investment and Budgeting. 12

Organizational and Cultural Change Management 12

Risk Management - Recognizing and Reducing Possible Risks. 13

Establishing Finite Objectives and Milestones. 13

Strategic and Implementation Plan. 13

Conclusion. 14

Reference List 15

“International Organisation and Assess the Current Strategy using the Safe Criteria.”
Introduction
Sound business strategy is crucial to a company’s success in today’s fast-paced, international marketplace. Modern companies must navigate competitive markets, changing customer demands, and rapid technological advancements (Aslam et al. 2020). The SAFe criteria, which stand for suitability, acceptability, and feasibility, evaluate proposed approaches concerning stakehold...