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Walmart's Culture:

Yesterday, Today and Tomorrow


Introduction
• Started by Sam Walton in 1962, Wal-Mart
is one of the American’s largest company
with revenues last fiscal year of $217.8
billion and profits more than $6.6 billion.

• Walmart serves more than 200 million


times per week customers and members
at more than 8,159 retail units operating
under 55 different banners in 18
countries.
Vision and Values
Strong culture of Walmart lies in its three
basic beliefs:
1. Respect for the Individual
2. Service to the Customer
3. Strive for Excellence
Walmart Way
1. Every successful venture begins with a dream that requires
determination, passion, and the willingness to grow if it is to be fulfilled.
2. The Power of seeing what others don’t see.
3. The Power of culture.
4. People make the difference.
5. The Customer is the boss.
6. A Passion for excellence.
7. Execution is imperative.
8. Technology is the ultimate change agent.
9. Reinventing the supply chain.
10. Creating business & supplier relationships.
11. Never stop business growth & expansion.
12. Give back to the society.
Walmart Effect
Walmart’s Woes
1. Foreign Supplier Woes
2. Aggressive Business
Expansion
3. Low Price Isn’t Competitive
Advantage Anymore
Walmart’s Woes
4. Low Wages, Low
Morales
5. Discrimination
Dilemmas
6. Rampant Lawsuits
Walmart Today and Tomorrow
1. Cultural Change
2. Employee Morale and
Employee Relations
3. Decentralization
4. Operational Effectiveness
5. Toning Down Business
Aggressiveness
Questions?
Project Team:
• Ujval Damania
• Sachin Desai
• Nikita Dhotre
• Sumaiya Dalal
• Krutik Doshi
• Muzammil Fazal

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