Foundations & Current Challenges in Strategic Management
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In a narrative format, discuss these firms from a strategic perspective. Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in "real time."
1. How has Wal-Mart grown from a small region chain to the largest discount retailer in the world? How has its strategy contributed to the firm's growth?
2. What challenges does Wal-Mart currently face at home and abroad in its attempt to maintain industry dominance? Is it feasible that Wal-Mart will fall from the top position in the next decade? Why or why not?
3. Suppose you are the manager of a small electronics store in a community of 10,000. Wal-Mart has just opened a store across the street. What changes would you make to survive?and thrive?now that Wal-Mart has come to town?
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1. How has Wal-Mart grown from a small region chain to the largest discount retailer in the world? How has its strategy contributed to the firm's growth?
Walmart's growth from a small region chain to global leader in the discount retail segment has been made possible by numerous strategies pursued by the company. First of all, Walmart's global expansion has been made possible by the efficient management of its world class supply chain operations. Walmart understand that the key to success in the global markets and critical success factor for maintaining its leadership in discount stores is a very efficient and robust supply chain management. The supply chain management strategy of Walmart has allowed the company to operate as efficiently as possible and eliminate wastage, delays in supply and ensured adequate supplies to its retail outlets, so that it can offer the lowest possible pricing to its customers across the globe. This strategy has made the global foray of Walmart possible because a robust supply chain means Walmart can replicate its strategy in different markets across the globe. Walmart has made significant investments in technology infrastructure to ensure that it can leverage on the technology ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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