Organizational Culture of Wal-Mart
Since the year of 2008, Wal-Mart has been branded that name but before then, it was an American international trader company that runs chains of big discount department stores and warehouse supplies. Wal- Mart has turned into the world's third biggest public corporation, dependable with the Fortune Global 500 list in the year of 2012.This business has also turned out to be a private employer in the world with over two million workers, and is the largest retailer in the entire world. Wal-Mart even today is still a business that is family owned, as the business is measured by the Walton family who own a 60% investment in Wal-Mart. With said, this essay will discuss Wal-Mart's organizational culture
Viable employee relations practices have contributed to Wal-Mart's success as an employer in many ways. For example, the company has a very good staunchly anti-union. New workers are shown videotapes that clarify that instead of unionizing, they really do benefit from the policy which is open door at all times. This relation practice has allowed the workers to take their grievances outside the supervisors to management that is much higher. This method has been very successful for the Wal-Mart employees. In the past, when the United Food and Commercial Workers were trying to organize workers all over the nation, labor experts were brought in to have what they called "coaching sessions" with staffs who supported unionization. However, at one time some the workers made the complaint that these were intimidation sessions and did not really help much with employee relation practices. A lot of complaints that are similar to these are at the moment on file with the National Labor Relations Board.
Another way to help with relations practices was to make sure that had good pay. Though Wal-Mart employees begin at the same pay as unionized employees in alike types of work, they make about 25% less than their unionized complements after...
Wal-Mart is the name that is well-known to all the households these days because it has established itself as the largest retailer the world over. The sales of Wal-Mart are growing with every passing day as the sales totaled up to more than $280 billion, according to the reports published in 2004. However, it should be noted Wal-Mart did not appear on the international with more than 4500 stores in
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.
16; Wilbert, 2006, p. 2) Strategic process, planning and decision making As confirmed by Lee Scot's words regarding the aggressive strategy followed by each Wal-Mart store (Mohideen, 2009, p. 9), even if general stream planning and decision making is still largely centralized, being undertaken at the Wal-Mart Headquarters in Arkansas (for elements such as type of products to be sold, stores to be opened or closed, financial results and objectives, etc.),
Wal-Mart's Strategic And Financial Planning: Since its inception about 50 years ago, Wal-Mart has continued to remarkable growth as a firm that focuses on providing customers with a wide range of merchandise at great prices. In its initial years, the company only operated in one store that has contributed to changes in the way retail works. Currently, the firm operates over 10,000 retail units within 69 distinct banners in 27 countries
Wal-Mart SWOT Internal Analysis & SWOT Currently one of Wal-Mart's biggest assets is it powerful retail brand name. The company has branded itself as the low cost leader in their industry and consumer perceive the brand as offering value for money, convenience and a wide range of products all in one store (Marketing Teacher, N.d.). Wal-Mart has been able to build this brand image over time by focusing on providing consumer the
Wal Mart Over the last several years, Wal Mart has been a story that is focused on continuing successes and challenges. This is because the company was impacted by issues such as employee rights, costs and fierce competition. Yet, at the same time, they were able to experience continuing increases in their bottom line results. This is despite the fact that consumer spending has remained stagnant in the aftermath of the
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