Tuesday, June 11, 2019
Organizational Analysis Essay Example | Topics and Well Written Essays - 1500 words
Organizational Analysis - Essay ExampleHuman resource plays a very important role in the development and success of all institution so was the case with Wal-mart. Sam Walton from the start of this business was surrounded by the or so creative and hardworking employees. The employees are still working with their ace dedication and interest to achieve the goal of the mission statement. There are many internal and external challenges faced by the Human resource of Wal-mart such as the employee turnover rate, less capable employees in the developing countries, world politics, economics, inflation, exchange rates, etc. However, Wal-mart successfully faced all the hurdles in its government agency and qualified to be considered the largest retailers chain in the world. But there is always a room for further improvements and achievements and to fill that gap Wal-mart should continuously come up with new and different mentations to remain dominant in the retailers world. Organizational Analysis of Wal-mart Today, the customers not only want to buy things that they want scarcely they actually want to enjoy their shopping experience. Now customers want a lot of merchandize available down the stairs one roof with the satisfying services and last(a) possible prices, friendly and pleasant shopping environment with free parking. Wal-mart promises to give all of this to its customers (Walton, 2012). Wal-mart is a super store which features maximum number of high timber merchandize with comparatively low prices and gives its customers an everlasting shopping experience. It serves more than 200 trillion customers per week (our story, 2012). It has retail stores, online services and officious alerts operating in 27 countries under(a) 69 different banners. The first Wal-mart store was open in 1962 in Rogers, Arkansas. Sam Waltons unparallel devotion to the company and the leadership skills lead the organization to where it is now standing. He was the man behind the s uccess of the unique retail store. He believed in leadership through service and customer satisfaction. The basic idea behind Wal-mart was to serve the customers with low prices and great service. The target market of Wal-mart is that segment of customers who want multiple things such as grocery, electronics, apparel, stationary, decorative, and every other thing under one roof. These customers want a pleasant buying experience and goods services and satisfaction along with low prices. Wal-mart is very successful in fulfilling its customers requirements and therefore it has started the online and mobile services as well considering the current market trends and intense competition. The customers who believe in saving and spending good lives are the real customers of Wal-mart. In 1960, the on the whole idea of retail stores was changes as the Wal-mart step in the world of retailers. By 1967 Wal-mart was able to own 24 stores with $12.7 million sale (history timeline, 2012). Later in 1980s the first Wal-mart supermarket was opened with general merchandise. In 1987 the company installed the largest satellite communication system in the United States of America. In 1990s Wal-mart was marked as the most successful and the biggest retail store. By 2002, Wal-mart was among the 500 ranking of the Americas companies. In 2012, the company has celebrated its 50th anniversary with 2.2 million associates, 200 million customers and 10,000 stores in 27 countries. Mission Statement Wal-mart was made with the mission of
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