Wal-Marts Organizational Culture - 2817 Words

Wal-Mart Culture Introduction There are a number of organizational behavior concepts that affect the success or failure of any organization; a few examples would be communication, motivation and decision making. Every organization has its’ own organizational culture which defines the organizational behaviors that it believes to be most important. An organization’s values, mission statement, goals and philosophy all make up the organizations culture. An example of an extremely successful company with a very strong organizational culture is Wal-Mart. History Sam Walton opened the first Wal-Mart store in 1962 in Rogers, Arkansas. Ten years and fifteen stores later, Wal-Mart stock was offered for the first time on the New York Stock†¦show more content†¦(walmartstores.com-268) This policy helps to motivate the employees to continually come up with new ideas and look for ways to improve processes. These policies not only facilitate communication between the employees, and help keep associates happy by giving them a sense of ownership or empowerment, but this also works towards achieving a higher level of customer service from the employees. Employees who feel a sense of ownership in their organization are more likely to take a personal interest, and go that extra mile to ensure they are providing excellent customer service. (Ard) Another way that Wal-Mart motivates and empowers its employees is by using outcome orientation and on-the-spot decision making. Employees are empowered to do what they need to do to make sure the customer is satisfied. This means that some things are taken to management for resolution; however the majority of the issues are handled by the employees themselves. Whether a situation was handled correctly, depends entirely on whether or not the customer is satisfied with the outcome. Wal-Mart associates are motivated using various methods. The most rewarding form of motivation for some might be the empowerment aspect discussed above. For others it might be the pay raises, and associate profit sharing programs that employees can participate in after being employed for one year, or even the 10% employee discounts they receive on all items. However,Show MoreRelatedWal-Marts Competetive Advantage824 Words   |  4 PagesWal-Mart’s competitive advantage is driven by its low-cost, high volume strategy which aims to increase profits and customer satisfaction. Sustainable competitive advantage indicates a company’s future success and is determined by different factors. These factors include organizational capabilities such as tangible resources, intangible resources and human resources. One main component of sustained competitive advantage is having superior returns sustained over a long period of time. Wal-MartRead MoreAssignment 2 HRM 5221084 Wor ds   |  5 PagesOrganizational Climate at Wal-Mart Abstract Wal-Mart’s business is the result of Sam Walton’s visionary leadership, along with generations of associates whose focus was on customers and how they could save money and live better. Sam Walton believed that by putting everything a person may need in one place such as food, electronic, clothing, toys, home goods, office supplies and even automotive items would increase the amount of people that would shop and decrease the amount of differentRead MoreHrm 534857 Words   |  4 PagesAssignment 1– Organizational Culture at Wal-Mart Casandra Reynolds Dr. Tonya D. Moore HRM 534 Employee and Labor Relations July 25, 2013 Explain How Viable Employee Relations Practices Have Contributed to Wal-Mart’s Success as an Employer. Wal-Mart is one of the largest retailers and employers in the world. It currently has over 2 million employees (www.statisticbrain.com). This is mainly due to the tenets Sam Walton introduced to the company. Associates of Wal-Mart focus on respectRead MoreWalmart Management and Leadership Analysis Essay1472 Words   |  6 PagesWal-Mart Management and Leadership Analysis XXXXXXXXXXX Organizational Behavior and Group Dynamics/Mgt 330 November 11, 2009 Ronald Sprague Wal-Mart Management and Leadership Analysis Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite publicRead MoreCross-cultural Communication and Power Distance1646 Words   |  7 Pagesto analyze the U.S. culture and Japanese culture by using Hofstede’s 5 cultural dimensions and Trompenaars’s cultural dimensions. According to the Wal-Mart’s Japanese strategy case to distinguish the difference culture in Japan compare with U.S. There are some problems that Wal-Mart may encounter which are Japans current distribution system, people’s traditional thinking of low price equate low quality and people would not going big shopping. The inherent risks of Wal-Mart’s entry strategies includeRead MoreCross-cultural Communication and Power Distance1653 Words   |   7 Pagesto analyze the U.S. culture and Japanese culture by using Hofstede’s 5 cultural dimensions and Trompenaars’s cultural dimensions. According to the Wal-Mart’s Japanese strategy case to distinguish the difference culture in Japan compare with U.S. There are some problems that Wal-Mart may encounter which are Japans current distribution system, people’s traditional thinking of low price equate low quality and people would not going big shopping. The inherent risks of Wal-Mart’s entry strategies includeRead MoreWalmarts Organizational Culture Essay934 Words   |  4 PagesWal-mart For most companies, identifying what a learning organization should be and actually becoming one is tricky at best, impossible at worst. One way that managers and companies can promote the concept of being a learning organization is to assess whether the company is in need of a short-term fix or whether it is more focused on long-term results. Organizational learning is a long-term activity that will build competitive advantage over time and requires sustained management attention, commitmentRead MoreWalmart1299 Words   |  6 Pages1: Organizational Culture at Wal-Mart Abstract Wal-Mart is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores. It is also the largest private employer in the world with over two million employees, and is the largest retailer in the world. This paper assesses how viable employee relations practices contributed to Wal-Mart’s success as an employer. It also identifies how benefits may contribute to the success of Wal-Mart’sRead MoreWal Mart s Employee Relations Essay835 Words   |  4 PagesIntroduction Sam Walton founded Wal-Mart in 1962 in Rogers, Arkansas. Currently, Wal-Mart has an annual revenue of $485,000,000,000 and over two million employees. Wal-Mart is ranked as the largest retailer in the world. Their NAICS number is 45291 and SIC number is 5331 (Mergent, 2016). Wal-Mart has two main organizational challenges, communication through management and employee relations. Several lawsuits have been brought against Wal-Mart on behalf of its employees in recent years (PanmoreRead MoreEssay on Management and Leadership; the Wal-Mart Way2328 Words   |  10 PagesManagement and Leadership; the Wal-Mart Way Traveling back in time to 1962 in small town America, one would likely notice the absence of a now familiar sight. Today, people living in almost any town in America need not travel far to patronize one of today’s most popular discount retail establishments: Wal-Mart. Founded in 1962, Wal-Mart was the brainchild of Sam Walton, a charismatic retailing and merchandising leader. Under Sam’s leadership, Wal-Mart’s success grew rapidly, extending throughout