The Walmart Case Study
1 What threats and challenges is Wal-Mart currently facing Wal-Mart "Wal-Mart, is an American retail corporation that runs chains of large discount department stores. The company is the world's second largest public corporation, according to the Fortune Global 500 list in 2013, the biggest private employer in the world with over two million employees, and the largest retailer in the world. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, is also the largest grocery retailer in the United States" (Wikipedia, 08). A leader with a solid vision, Sam Walton started the company, and made it into the forerunner in discount retailing that it is …show more content…
4
In the face of increasing criticism over his organization's policies and procedures, Lee Scott spoke out on various subjects to ease public perception However, after such a long time, his motive may have appeared to devoid of legitimacy, when company perception was no longer irrefutable. Subsequently, he addressed issues such as addressing sweat shop accusations in possibly joining a company such as Nike for independent monitoring when he said, "I think we're actually looking at that now, and we are doing that in a country or two. We would like to make sure it's an organization whose focus is really on those people and not some other agenda" (Wal-Mart's Scott: We Were Getting Nowhere, 2005). He also mentions the fact that his board members possess multiple viewpoints, which contributes to a lack of growth and direction. Scott mentioned that while his company prospered in the food industry, it marked them as a capable competitor which placed a large target on their back. He countered the questioning of the inadequate disbursement of wages to his employees by stating most of his employees (without even high school diplomas) begin at lower level positions, but have eventually become store, district, and even regional vice-presidents. He was specific in his description of Wal-Mart's pain and suffering in the aftermath of Hurricane Katrina,