What I Learned From Sam Walton: How to Compete and Thrive in a Wal-Mart World
Michael Bergdahl
I have recently only been exposed to the WalMart phenomenon - I know, what rock have I been under - so I've been looking them up all over. This is one of the 4 books I have read and it gave me a good understanding of the strategies involved in running the behemoth.
I have been in awe of every single strategy implemented and of course this is no surprise. They have executed every aspect of their business flawlessly.
Michael goes through Walmart's POCKETS:
Pricing Strategy
Operational Strategy
Cultural Strategy
Key Item/ Product Strategy
Expense Control Strategy
Talent Strategy
Service Strategy
He discusses each strategy with relative depth and explains Walmart's competivite advantage in its execution. Overall a very informative book, I definitely recommend it for people going against Walmart or anyone trying to understand Walmart's success.
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The book removed at the request of the copyright holder.