Sam Walton's Way

Sam Walton's Way

4.11 - 1251 ratings - Source

It would be difficult to overstate the impact Sam Walton had on American business, specifically retailing. The standalone box stores he pioneered have quite literally changed the nationa€™s landscape. His innovations in supply-chain management and distribution totally reshaped the relationship between suppliers and retailers, and, for the most part, took wholesalers out of the equation. His insistence on low prices altered customersa€™ expectations of what they will have to pay for everything from socks to soda. Like few business leaders before or since, Sam Walton changed the world. Saturday, August 14, 1964 was a broiling hot day in Harrison, Arkansas--but the heat was the last thing on Sam Waltona€™s mind. For the 46-year-old Walton, this was a big day: the grand opening of his second Wal-Mart. He was going to make damn sure it was a big success. Hea€™d planned everything. In the parking lot, hea€™d had two truckloads of watermelons delivered and hired a donkey to provide rides for the kids. He headed outside to greet his first customers. What he saw would make most entrepreneurs lose their cool: The watermelons had burst, and donkey dung littered the lot. Waltona€™s reaction was emblematic of his ability to rise above any challenge. He ignored the mess, smiled, walked up to the crowd, stuck out his hand, and said, a€œWelcome to Wal-Mart.a€ That focus on customers is Waltona€™s prime leadership lesson. But there are many others, beginning with his obsession with low prices--just the first step in a mission to deliver unbeatable value.... New Word City, publishers of digital originals, contributes 10 percent of its profits to literacy causes.New Word City, publishers of digital originals, contributes 10 percent of its profits to literacy causes.

Title:Sam Walton's Way
Author: New Word City
Publisher:Pearson Education - 2010-02-01

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.

Click button below to register and download Ebook
Privacy Policy | Contact | DMCA