Walmart 's Case Study
Wal-Mart is an American based supermarket which has its operation in all over the world. The US based supermarket chain, deals in food, clothing, toys, general merchandise and financial services. The company promotes itself as low priced supermarket catering to the large chunk of market segment. The company was founded by Sam Walton in 1962, since then he made major acquisition in different countries and running successfully. The company has expanded tremendously over the period of time by operating chain of large discount department a “real Wal-Mart” for them. The practice continued by Lee Scott, CEO of Wal-Mart, whose leadership has given a new edge to the company in global financial crises of 2008.
Answer # 1
Elucidative Leadership style
The most impressive and eminent factor behind Wal-Mart’s success lies in its leadership. Leaders at Wal-Mart always inspire encourage their employees to take initiatives on their own. Transformational leadership style is the core of Wal-Mart, which significantly added to the success of Wal-Mart across the nations. Through his leadership style Sam Walton aimed at transforming the lives of people by enabling them to make smart choices. He instilled his vision so profoundly in his management which is well reflected in Lee Scott managing style. The CEO has created a good balance between control and freedom where store manager is free to setup and stock the store. Wal-Mart success depends upon its