Capital isn’t scarce; vision is.Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community.High expectations are the key to everything.I had to pick myself up and get on with it, do it all over again, only even better this time.I have always been driven to buck the system, to innovate, to take things beyond where they’ve been.Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish.There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.We let folks know we’re interested in them and that they’re vital to us. cause they are.We’re all working together; that’s the secret.— All quotes are from Sam Walton
Wal-Mart Case Study 1986
Analysis of Wal-Mart http://www.scribd.com/doc/78543427/WMT-Case-Study-1-Analysis
Who wants to move deeper into analyzing WMT and see the HBS Case on WMT for 2003? …………or
Ready to move onto to the Coors Beer Case Study which is a lesson on what happens if a company loses its regional economies of scale advantage?
Lessons learned so far?
If you had read this case study when it was published in 1986 would you have bought WMT and held on for five or seven years? What analysis would you need to do?
Tomorrow I will post another strategic view of Wal-Mart so you can see other perspectives.