Class: Business Strategy
1. What impresses us about this company? What accounts for Walmart’s success over the past 25+ years? Is it a great strategy, superb strategy implementation and execution, or great leadership? What aspects of Walmart do you find unimpressive? 3
2. Which of the five generic strategies is Walmart employing? What are the chief elements of its strategy? 4
3. Is Walmart’s strategy working well? 5
3.1 What does the information in case Exhibit 1 reveals about the company’s strategic and financial performance during 2000-2008? 5
4. What policies, practices, support systems, and management approaches underlie Walmart’s efforts to execute the company’s strategy? 5
5. What are its chief elements and characteristics of Walmart’s culture? Why does the culture seem to be so much stronger in Bentonville than out in the stores? 6
6. What is our assessment of Lee Scott’s transformation initiatives? Are the initiatives “sincere” or just calculated to garner better PR for Walmart? Are more transformational initiatives needed? Why or why not? 6
7. What issues do Lee Scott and Walmart management need to address? 6
8. What recommendations would you make to Lee Scott? 6
1. What impresses us about this company? What accounts for Walmart’s success over the past 25+ years? Is it a great strategy, superb strategy implementation and execution, or great leadership? What aspects of Walmart do you find unimpressive?
We think it is very impressive that a company this big can keep a huge customer base satisfied with its low prices. Their concept is very unique and based on a friendly environment. We think their success is a combination of Walmart’s great strategy, it implementation and execution and of course Sam Welton as a great leader.
There is one thing that we did not know about Walmart. The concepts that Walmart doesn’t own the products that are going to be sold before it is...