Walmart Case Study
Wal-Mart, although one to the largest and most productive organizations in the world, faces many threats and challenges. Critics and groups everywhere are lining up to take shots at this global giant and destroy its image. Some of Wal-Mart’s current challenges can be seen in daily operations, its internal and external environment, product sourcing, healthcare, wages, communities, diversity, employee benefits, and social challenges. Though these challenges or weaknesses pose a very large threat to the organization, they also pose great opportunities to turn them into strengths. If these challenges are met correctly, Wal-Mart stands to gain a great amount of profit and respect among its critics.
Priorities for the 21st Century
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He believes that “as one of the largest companies in the world, with an expanding global presence, environmental problems are OUR problems. The supply of natural products can only be sustained if the ecosystems that provide them are sustained and protected” (Wal-Mart: Twenty First Century Leadership, p.4). Scott believes that being a good citizen to the environment and communities, along with being an efficient and profitable business are one in the same.
During the strategic management process Scott and his team developed goals in which they can help the environment. Those goals are to be supplied one hundred percent by renewable energy, to create zero waste, and to sell products that sustain their resources and environment. In meeting these goals, Wal-Mart will not only be contributing to a healthier world, but will also receive a healthy bottom line. One plan to achieve these goals is to improve their fleet fuel mileage by just one mile per gallon. This will save Wal-Mart over Fifty Two million dollars a year and will help to clean the air for our children, establish new jobs, and help our country’s energy security. Another plan is to increase energy efficiency in order to reduce oil dependency, which will save money and avoid greenhouse gas emissions.
Reducing the amount of waste is another plan to obtain the goals that have been established to help the environment. The main strategy to reduce waste is through packaging. Scott wants