Strategic Initiative Paper
Running head: STRATEGIC INITIATIVE
Learning Team Assignment: Strategic Initiative Paper University of Phoenix FIN/370
Introduction Wal-mart is very proud to be a good neighbor and citizen in many communities across the United States and around the world. Wal-mart believes that it’s a privilege to be a store that’s part of the community and they also believe it’s there responsibility to help sustain the communities that rely on them. Wal-mart has held several initiatives such as helping with people to get jobs, giving for the holidays at local food banks, and supporting the idea of green jobs. Wal-mart is very active and wants to initiate good things happening in the economy. Wal-mart is a leader in sustainability, corporate philanthropy and employment opportunity. Furthermore, Wal-mart ranked first among retailers in Fortune Magazine’s 2010 Most Admired Companies survey. Wal-mart believes in a philosophy of operating globally and giving back locally. Wal-mart knows that they can make the greatest impact on our communities by supporting causes that are important to our customers’ right in their own neighborhoods. Wal-mart is proud to be a "store of the community" for all of the communities it serves by helping to provide financial and volunteer support to more than 100,000 charitable and community-focused organizations, and by using their locations to provide opportunities for our customers and associates to give back to their communities. Planning Process Wal-Marts current financial status states that the company should include a planning process. Some of the steps with the financial aspect of the strategic planning are as follows; developing financial goals, alternative courses of action, evaluating risk, implementing a financial action plan, and re-evaluating the plan. When re-evaluating the plan Wal-Mart should accomplish this by updating the mission, vision, and values statement to be aligned with the
Learning Team Assignment: Strategic Initiative Paper University of Phoenix FIN/370
Introduction Wal-mart is very proud to be a good neighbor and citizen in many communities across the United States and around the world. Wal-mart believes that it’s a privilege to be a store that’s part of the community and they also believe it’s there responsibility to help sustain the communities that rely on them. Wal-mart has held several initiatives such as helping with people to get jobs, giving for the holidays at local food banks, and supporting the idea of green jobs. Wal-mart is very active and wants to initiate good things happening in the economy. Wal-mart is a leader in sustainability, corporate philanthropy and employment opportunity. Furthermore, Wal-mart ranked first among retailers in Fortune Magazine’s 2010 Most Admired Companies survey. Wal-mart believes in a philosophy of operating globally and giving back locally. Wal-mart knows that they can make the greatest impact on our communities by supporting causes that are important to our customers’ right in their own neighborhoods. Wal-mart is proud to be a "store of the community" for all of the communities it serves by helping to provide financial and volunteer support to more than 100,000 charitable and community-focused organizations, and by using their locations to provide opportunities for our customers and associates to give back to their communities. Planning Process Wal-Marts current financial status states that the company should include a planning process. Some of the steps with the financial aspect of the strategic planning are as follows; developing financial goals, alternative courses of action, evaluating risk, implementing a financial action plan, and re-evaluating the plan. When re-evaluating the plan Wal-Mart should accomplish this by updating the mission, vision, and values statement to be aligned with the