The Repair and Maintenance of Wal-Marts Culture

{ textual matter:bookmark-start} {text:bookmark-end} The Repair and Maintenance of Wal-Marts conclusion {text:bookmark-start} {text:bookmark-start} {text:bookmark-end} {text:bookmark-end} Management: Theory, Practice, and use {text:bookmark-start} {text:bookmark-end} MGMT 330 {text:bookmark-start} {text:bookmark-start} {text:bookmark-end} {text:bookmark-end} September 15, 2008 {text:bookmark-start} {text:bookmark-end} The Repair and Maintenance of Wal-Marts Culture Sam M. Walton was the original founders of the Wal-Mart Corporation, headquartered in Bentonville, Arkansas. He believed in creating a store that provided customers; high value, low prices and a change welcome. Walton also later found that, happy and satisfied employees performed sanitary and were responsible for happy customers. (ICMR, 2003) These organizational cultural elements were the foundation for the domain of a functions largest retailer. How is the Walton family going to maintain their organizational culture devoted their annual billion dollar sales? Why be some employees disgruntled? According to Galiano, after Walton took the company humans in 1970, he offered his employees a profit-sharing plan to improve their income hooklike upon the profitability of the store. Walton believed, that individuals dont win, teams do.

Up until his death in 1992, Walton remained active managing the company as president and CEO until 1988, and death chair until his death. He died being the worlds second richest man, bottom Bill Gates. Wal-Mart employees were offered stock options and store discounts. (Galiano). Walton was a sincere advocate in treating his employees with respect and integrity, he labeled them as associates. He apparently was a people person and enjoyed communicating with his associates. He took care of his associates and they took care of Walton. This was evident by his massive fortune. In 1980, Wal-Mart had sales of over one billion dollars and over three hundred stores across the U.S. Today, Wal-Mart boasts over 300... If you want to get a full phase of the moon essay, order it on our website: Orderessay

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