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Wal-Mart: Strategic Management

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Wal-Mart: Strategic Management
Wal-Mart: Strategic Management
An in depth analysis of Wal-Mart and its global strategic management and electronic distribution
Analysis for Business Policy: Strategic Management. Instructor: Dr. M. Reitzel, DeVry University, February 2007, Austin, TX. Members of the Team: Marcus Bedford Jon Cable Wayne Oulicky Constince Sanchez

Table of Contents:
Executive Summary.……………………………………………………………….2 Problem Statement ………………………………………………………………...2 Situational Description and Strategic Analyses …………………………………...3 Strategic Analysis Overview & History.……………………………………………..3 External Environment.……………………………………………6 Internal Environment.…………………………………………….6 Intellectual Assets.……………………………………………......9 Strategic Formulation Business Level Strategy………………………………………….9 Corporate Level Strategy………………………………………...12 International Strategy……………………………………………14 Digital Business Strategy………………………………………..15 Strategic Implementation Strategic Control plus Governance………………………………15 Organizational Design……………………………………………19 Leadership……………………………………………………......20 Innovation……………..……….………………………………...22 Opportunities plus New Ventures…..……..……………………..22 Proposed Alternative Solutions…………………………………………………....23 Recommendations……………………………………………………………….....23 Summary……………………………………………………………………….......24 Bibliography……………………………………………………………………….25

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Executive Summary
Though out the years since their inception in the 1960’s, Wal-Mart has grown at an alarming rate. Although in the early years Wal-Mart was thought to be unsuccessful, it has since proven to be a retailer of the future. It is the largest retailer in the world. It has the highest gross profits of any company in the world as well as the highest net profits. Wal-Mart has also topped the Fortune 500 4 times. According to “Wal-Mart - Out in Front”i it has the following Corporate strategies: • • • • • Broadening Our Appeal to All of Our Customers Becoming an Even Better Place to Work Improving Business Operations and Efficiency Driving


Bibliography: Clark, Michael (Unknown). Michael Clark 's Arkansas Memory Project. Retrieved February 25, 2007, from Michael Clark 's Arkansas Memory Project Web site: http://asms.k12.ar.us/armem/clark/index3.htm Govindarajan, Vijay (2002). Retrieved February 25, 2007, from http://mba.tuck.dartmouth.edu/cgl/downloads/20013_WalmartCase.pdf Web site: HRDM, (Unknown). Wal-Marts Culture Stories. Retrieved February 25, 2007, from HRDM FORUM Web site: http://www.hrdm.net/en/wal-mart.htm "News," "About Wal-Mart," and "Investor Relations"." Wal-mart Facts. February 24, 2007. 25 Feb 2007 http://www.walmartfacts.com/default.aspx. Vance, Sandra. Wal-Mart. 'A History of Sam Walton 's Retail Phenomenon '. New York: Twayne Publishing, 1994 Zaba, (2004).The Hidden Public Costs of Law-wage Jobs in California. University of California, Berkeley. 142. Unknown, (2007, 01 29). OUT IN FRONT. Retrieved February 26, 2007, from www.walmartfacts.com Web site: http://www.walmartfacts.com/FactSheets/1292007_WalMart__Out_in_Front_.pdf Media (Unknown). WAL-MART STORES, INC. CORPORATE GOVERNANCE GUIDELINES. Retrieved February 26, 2007, from media.corporate-ir.net Web site: http://media.corporate-ir.net/media_files/IROL/11/112761/corpgov/corpgovguidelines.pdf Wal-Mart (Unknown). Sam 's Rules For Business Building. Retrieved February 23, 2007, from walmartstores.com Web site: http://walmartstores.com/GlobalWMStoresWeb/navigate.do?catg=255 Unknown, (2007). My Home. Retrieved February 22, 2007, from Walmartstores.com Web site: http://walmartstores.com/GlobalWMStoresWeb/navigate.do?catg=608 http://www.walmartfacts.com/FactSheets/1292007_Wal-Mart__Out_in_Front_.pdf. Accessed February 22, 2007 ii www.walmart.com. Accessed February 24, 2007 iii Hayden, Patrick, Lee, Seung, McMahon, Kate, Pereira, Mike. Case Study: “Wal-Mart: Staying on Top of the Fortune 500”. April 2002. Pg. 7 iv www.walmartfacts.com. Accessed February 21, 2007 v www.walmartfacts.com. Accessed February 18, 2007 vi http://www2.acnielsen.com/pubs/2004_q1_ci_walmart.shtml. Accessed February 24, 2007 vii http://www.fortune500s.net/wmt.php. Accessed February 22, 2007 viii www.walmartclass.com/public_home.html ix http://mba.tuck.dartmouth.edu/cgl/downloads/20013_WalmartCase.pdf x i The Hidden Public Costs of Law-wage Jobs in California, pg 3 - 26 - http://www.walmartfacts.com/FactSheets/1292007_Wal-Mart__Out_in_Front_.pdf. Accessed February 26, 2007 xii http://www.walmartfacts.com/FactSheets/1292007_Wal-Mart__Out_in_Front_.pdf. Accessed February 26, 2007 xiii http://www.walmartfacts.com/FactSheets/1292007_Wal-Mart__Out_in_Front_.pdf. Accessed February 26, 2007 xiv http://www.walmartfacts.com/FactSheets/1292007_Wal-Mart__Out_in_Front_.pdf. Accessed February 26, 2007 xv www.walmartstores.com. Accessed February 22, 2007 xvi www.walmartstores.com. Accessed February 22, 2007 xvii www.walmartstores.com. Accessed February 20, 2007 xviii www.walmartstores.com. Accessed February 20, 2007 xix www.walmartstores.com. Accessed February 22, 2007 xx www.walmartstores.com. Accessed February 22, 2007 xxi www.walmartfacts.com. Accessed February 24, 2007 xi - 27 -
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