This level of operations was reached in less than 50 years, making the rise of Walmart one of the truly sensational success stories of the 20th century. The research was also consistent in showing that the company's organizational culture that stresses cost savings at every opportunity to minimize operational costs and increase savings to customers has been responsible in large part for much of Walmart's success to date. Many organizations falter and fail when they lose the leadership of a charismatic individual such as Sam Walton, but the research made it clear that he imbued his retain chain of stores with his own philosophical views about what was important and made these views stick with an organizational culture that still reflects these values today. In the final analysis, Walmart has transformed the American landscape and it is in the process of transforming the global one as well and the day may well come when shoppers on Mars are able to find just what they needed at the lowest prices in the solar system at their local Walmart store, thanks to Sam Walton.
References
About us. (2010). Walmart Corporate. Retrieved...
But Wal-Mart has been more successful where Kmart has failed. The author of the study explains this difference with the treatment, importance and role played and offered to the human resource. "Kmart and Wal-Mart are virtually identical, right? Yet most people prefer to shop at Wal-Mart. Kmart recently declared bankruptcy. Could the reason for this be as fundamental as leadership style and the resultant employee attitude? I believe so.
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..in the same manner as their guests and if they operate with this type of beliefs they can ensure everyone gets a dose of the Disney magic." (Waltz, 2007) V. DISNEY ORGANIZATIONAL CULTURE Waltz (2007) states that the organizational culture of Disney is build upon: "...innovation, quality, community, storytelling, optimism, and decency because the foundation of the company was based on the very same culture we see today in the above mentioned
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