walmart pptn final

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Book Review

PRESENTED TO :- Dr. Sarit Prabha Das

BY GROUP 8:-

ARCHANA SINGH (186)

ABHISHEK MAURYA(167)

BAIJUL RAVAL(153)

MANASA MURTHY(154)GAURAV GUPTA(152)

SOURABH DUTTA(175)

RAJIV BALASUBRAMANIAN(127)



Samuel Moore Walton

29th March 1918,

Oklahoma ENTERPRENEUR

First retailing

experience- Missouri MARKETIER

1945 first store PROMOTOR

Ben Franklin franchise

Arkansas

LEADER



Sam Waltons "Ten Commandments of

Leadership."

� Commit to your goals

� Share your rewards

� Energize your colleagues

� Communicate all you know

� Value your associates

� Celebrate your success

� Listen to everyone� Deliver more than you promise

� Work smarter than others

�

Blaze your own path



Waltons Motto

� "We're all working together; that's the

secret. And we'll lower the cost of living

foreveryone, not just in America, but we'll give the world an opportunity to

see what it's like to save and have a

better lifestyle, a better life for all. We're

proud of what we've accomplished;we've just begun"

- Samuel

Walton



Wal-Mart is more than just the world's largest retailer.

Basic Slogan.

Offer shoppers lower prices than they get anywhere else.."



WAL-MART

Timeline

� 1950: Walton opens first five-and-dime

� 1962: Walton opens first Wal-Mart in Rogers, Ark.

� 1970: Wal-Mart has IPO� 1979: Annual sales top $1 billion

� 1985: Wal-Mart has about 880 stores and $8.5 billion in revenue,smaller than competitors Kmart and Sears

� 1990: Wal-Mart surpasses Kmart in size

� 1991: Wal-Mart opens first international store in Mexico City� 1992: Wal-Mart surpasses Sears in size; Sam Walton dies

� 1994: Wal-Mart surpasses in size Kmart and Sears combined



Wal-Mart Facts

� Wal-Mart employs 1.6 million people. To give you anidea of just how many people that is, Idaho, the 39th

most populous state, is home to 1.4 million people.� Wal-Mart had sales of $312.43 billion in its most recent

fiscal year, which ended January 31, 2006. Bycomparison, the second-largest retailer in the country,Home Depot, posted sales of $81.5 billion.

� Wal-Mart has 6,200 retail outlets. In contrast, HomeDepot has 2,040.



Wal-Mart Company Strategy

Strategic Goals

i. Dominate the Retail Market Everywhere

ii. Growth by expansion in the US and

Internationally

iii. Create Positive Brand and Name

Recognition

iv. . Branching out into New Sectors of

Retailing



SWOT Analysis on Wal-Mart



REVIEW

� A Passion to Learn

� Work Around Your Weaknesses

� Build on Your Strengths

� Learn by Doing

-learned hidden secrets about hard work and sales

-Mastered people skills



REVIEW

� Get Formal Education

-Never stopped learning - learning machine

-Learn From Mentors

-Learn From Books and Publications-Learn from Company Training Classes

-Learn from Your Competition

"«I learned a lesson which has stuck with me all through the years:

you can learn from everybody. I didn·t just learn from reading every

retail publication I could get my hands on, I probably learned the most

from studying what John Dunham was doing across the street."



REVIEW

� Get Outside Input

� Learn from Your Workers

� Learn From Associations

� Innovate, Swim Upstream; Constantly Experiment With New Ideas

´A pattern emerges in Walton·s biography. First, grab ideas from anybody you can.

Second, shake things up in your stores by innovating. Learn something else. Innovate. It

became a lifelong obsessionµ



REVIEW�

Learn from Your Mistakes

� Travel Far and Wide for Great Ideas

�Capture Your Ideas

� Develop an Idea-Driven Culture

-Best Selling Item

-Best money saving ideas� DontWorryWho Gets the Credit

"most everything Ive done Ive copied from somebody else."



For SAMWALTON

Helen Robson Walton ( 1919-

2007)«

I was always admant that I would always marry someone who had the desire

to be successful«. . samturned out to be someonevery similar



REVIEW

E mployee«.³When I joined I was paid $1.65 per hr and when I retired I earned $8.25 per hrand a sprofit sharing I

took alongwith me $ 200000 in 1969´



REVIEW

Rob Walton«.

And the legend still continues««

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