Walmart case study
1796 mots
8 pages
Walmart Case StudyEssay
Mathieu Leonelli
Introduction
Since created in 1962 Walmart core value has always been known as they were helping people save money so they can have a better life. In this report Mike Duke, the current CEO, want to deliver a new message: How Walmart is focused on sustainability and the strategy adopted for the future to keep improve those efforts.
Walmart leads in sustainability thanks to a very aggressive strategy. They are taking in account every stakeholder and see how they can improve their relations in order to create or enhance the sustainability of this one. They are making efforts and progresses on every front in the same time: environment, social, ethic, …
Task one
1
I will discuss those actions by comparing them to the Taylor and Fayol’s management.
Regarding the social aspect of sustainability Walmart has implemented a strategy and based his values essentially around the Fayol’s kind of management. First of all the employees are called associates as part of making them feel more involved in the company. Walmart is providing training and opportunities for the employees in order to give them the possibility to evolve in the company. As the report said almost 75 percent of store management team in the U.S. started as hourly associates. Walmart is making the employee more concerned about the company strategies because he is the one in contact day after day with the customer and the one in the best place to give information about customer feeling and feedback. As Walmart have quantitative and qualitative goals, huge numbers of suppliers and a presence in so many different countries they are using Fayol’s management to plan, organize, command, coordinate and control all the income and outcome of their business.
Nevertheless there is still a presence of Taylor’s management, especially when it comes to cut prices on product. Walmart, while asking for transparency from its suppliers, is breaking down in little part of