Wal Mart Leadership And Management Strategies - 1822 Words

The leaders at Walmart have been very successful in exhibiting leadership in the company taking the company to new heights â€Å"Wal-Mart, the largest retail store of the United States, the Wal-Mart leadership and management strategies contribute to the core success†, during the 1980s, widespread growth was observed due to the diversification of the company and â€Å"the leadership style of Harold Lee Scott, CEO of Walmart is inherited from the business legacy of Sam Walton, founder of Walmart.† Walmart store managers started by working at the register or in some entry-level position and through an ongoing process they eventually would work their way up to become a store manager which took about seven to eleven years, an assessment test†¦show more content†¦Visionary leadership is necessary to build a company visionary leaders are the ones who provide direction to the company and set the goals that everyone seeks to achieve for the company and Walmartâ€℠¢s vision is to provide good customer service and merchandise at the lowest possible price â€Å"to help people save money so they can live better†. Ethical leadership is leading with dignity and respecting the rights of others and the leaders of Walmart stress the importance of employee satisfaction because when you have satisfied employees then you will in return have happy customers. Also strategic leadership this is what manages, motivates and persuades employees to share the company vision and a good strategy is the success factor behind a good company, Walmart uses strategic leadership in a form of sharing through empowerment mechanisms such as delegation and also participation, Walmart is such a big company that it has to be shared responsibilities so Walmart gives autonomy to several positions from leaders to retail store management. When it comes to decision making Walmart believes that â€Å"tough decision making capabilities of the organizational leadership are significant in the organizational success† (â€Å"Researchomatic†). Decision-making responsibility, at all levels, permits minor issues to be understood by the individuals who are first mindful of them and leaders can remain concentrated on issues that has to do with the goal of the companyShow MoreRelatedWalmart 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 MoreWal Mart s Forces Structure Essay920 Words   |  4 PagesWith regards to Wal-Mart Stores Inc., Porter s five forces structure can be utilized to examine the intensity of Wal-Mart s industry. 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