1. Group II

2. WalMart Stores, Inc. American multinational retail corporation Owns and operates large discount department stores and warehouses The world's second largest public corporation (Fortune Magazine 2013) Largest private employer (with over two million employees) The Worlds largest overall retailerGroup II: Corporate Structures of Communication2 3. Samuel Moore Walton, Founder & first CEO Born on March 29, 1918 in Kingfisher, Oklahoma. Attended the University of Missouri, 1940 Served as a Captain during WWII in the U.S. Army Intelligence Corps (19421945) Gained his first retail experience in management at JC Penny Opened his first Waltons Five and Dime store in Bentonville, AR, in 1951 Group II: Corporate Structures of Communication3 4. Headquartered in Bentonvillie, AR, Walmart owns and operates 4,158 retail stores and 612 Sams Club wholesale stores in the United States; and 6,330 stores throughout the rest of the world.Group II: Corporate Structure of Communication4 5. Business Structure Three main business divisions: Wal-Mart Stores United States Wal-Mart International Sams ClubGroup II: Corporate Structure of Communication5 6. Structure of Divisions consists of an overall president and chief executive officer board of directors Chairman Chief Information Officer Chief Financial Officer Chief Operating OfficerAdditionally, there are three CEOs who oversee each business division (Walmart United States, Sams Club, and Walmart International). Group II: Corporate Structure of Communication6 7. Board of DirectorsConsist of a 16-member board of directors a team of intelligent, diverse, and highly skilledbusiness leaders and professionals protects the interests of shareholders communicates the concerns of investors responsible for electing the overall president and CEO of the company are paid in stock, rather than cash, for their duties.Group II: Corporate Structure of Communication7 8. Board of Directors(CONT.) Among its 16-member panel, the current Board of Directors includes(clockwise): Emeritus Professor of Business Administration at Harvard Business School James I. Cash Jr. Retired Chairman and CEO of theCoca-Cola Company Douglas N. Daft Chairman and CEO of The WilliamsCapital Group, L.P. Christopher J. Williams, President and CEO of Yahoo! Inc.Marrisa Mayer,Group II: Corporate Structure of Communication8 9. The Structure & Flow of CommunicationDirectors, and the Communication between shareholders, the Board of executive management team flow through several modes: mail correspondence Internet correspondence annual shareholders meeting (in the state of Arkansas) External-operational communication, including: release of quarterly earnings future retail and consumer conferences annual investment meetings environmental summitsAll are made available in advance to shareholders through mailings and audio-recordings, and are also posted to the companys web siteGroup II: Corporate Structure of Communication9 10. A Vector for SuccessThe success of Walmart can be attributed to its: careful alignment with the interests and needs of its consumers & investors prudence in communicating and implementing changes the strength of its internal and external operational communication modes Group II: Corporate Structure of Communication10 11. Berkshire Hathaway, Inc. Berkshire Hathaway is an American multinationalconglomerate holding company headquartered in Omaha, Nebraska. oversees and manages a large number of subsidiary companies, including: Geico Dairy Queen Fruit of the LoomGroup II: Corporate Structure of Communication11 12. Warren Edward Buffett, Chairman & CEO Born on August 30, 1930 in Omaha, Nebraska Attended the University of Nebraska-Lincoln & Columbia Business School(in New York City) Named the top money manager of the Twentieth Century (by Carson Group) and the most influential global thinker (in Foreign Policy's 2010 report) Spearheads numerous philanthropic endeavors Group II: Corporate Structure of Communication12 13. Board of Directors Presently consists of 12 members: Two management directors Two non-management Eight independent directors Consists of three committees: Audit and Governance Compensation and Nomination Executive Both the Audit and Governance & the Compensation and NominationCommittees consist solely of independent directors The Company is required to elect a majority of directors who areindependentGroup II: Corporate Structure of Communication 13 14. Structure of Communication Communication with shareholders is carried outthrough two distinct modes: Annual reports Annual meetings The organizational communication structure can becharacterized as horizontal: the flow of messages across functional areas at a givenlevel, allowing those at the same level to engage more directly Group II: Corporate Structure of Communication14 15. Costco, Inc. Costco Wholesale Corporation is an American multinational membership-based warehouse club. Headquartered in Issaquah, Washington Provides a wide array of merchandise at prices consistently below the traditional wholesale and retail outlets Remains the third largest retailer and the largest membership ware0house chain in the United StatesGroup II: Corporate Structure of Communication15 16. Jim Senegal and Jeffrey H. Brotman, Founders. A San Diego City College Alumnus, James Senegal went on to earn a Bachelor of Arts degree from San Diego State University An attorney-at-law, Jeffrey H. Brotman, earned a Juris Doctorate degree from the University of Washington Both men founded the first Costco warehouse in Seattle, Washington on September 15, 1983 Group II: Corporate Structure of Communication16 17. Board of Directors Consists of 13 members: One Co-Founder Chief Financial Officer 11 Independent directors The Board has no size limits Members can vote on the number of seats at any time Nine of the members are external and spend their timehandling the Stock Exchange and S.E.C. requirements for the company Group II: Corporate Structure of Communication17 18. Communication structure Costco has an analysis of threelevels: segments organizational structure ownership composition The entire board owns 2.4% of the voting rights in the companys stock holdings Group II: Corporate Structure of Communication18 19. Google, Inc. Google Inc. is an American multinational technology company Located in Mountain View, CA. Focuses on connecting people with information at the fastest speed possible Employs over 53 thousand people all worldwide Became publicly owned in August of 2004 Is now considered one of the largest online search engines, with a financial value of 50 billion dollars Group II: Corporate Structure of Communication19 20. Larry Page & Sergey Brin, Founders An Alumnus of the University of Maryland, Sergey Brin went on to earn a Master of Science degree from Stanford University Larry Page has also earned a Master of Science from Stanford University Both men founded Google, Inc. on September 4, 1998Group II: Corporate Structure of Communication20 21. Growth & Transparency Publicly, Google is considered one of the Darlings ofWall Street due to its public transparency and providing the user with information at incredible speeds With employees, stockholders, and investors all overthe world, Google has been a leader in providing to the public new methods for business communicationGroup II: Corporate Structure of Communication 21 22. Structure of Communication employees are encouraged to contact CEO Larry Pageor any other executive about company issues or ideas encourages its employees to interact within or outsideof their groups through the usage of worksite cafes resembles that of a startup business. empowers the employee to have an actual say in the company Group II: Corporate Structure of Communication22 23. Communication with Shareholders Currently, the company has a 10-member board ofdirectors, which acts in the interests of shareholders The majority of the companys conferences, quarterlyearning meetings, and annual stockholders meetings are webcasted for its stockholders Stockholders may also request email notifications of press releases and other news about the companyGroup II: Corporate Structure of Communication23 24. Amazon, Inc. Amazon, Inc. is an American multinational (Fortune 500) company specializing in electronic commerce headquartered in Seattle, Washington is a customer-centric company with separate retail sites dedicated to the United States, United Kingdom, Canada, Spain, Italy, Germany, Japan, China, Mexico, and India has an extensive global network of customer service centers has a diverse range of product offerings Group II: Corporate Structure of Communication24 25. Jeff Bezos, Founder & CEO Earned a Bachelor of Science in Engineering from Princeton University Gained much of his business experience during his time working on Wall Street for companies like Bankers Trust and D.E Shaw & Co. Founded Amazon.com, Inc. in 1994Group II: Corporate Structure of Communication25 26. Organization & Structure Amazons corporate structure is multidivisional Amazon is split in to 7 segments Software development Retail product management Merchandising Finance Administration Operations and customer service Legal operations Each segment has an overseer that reports directly to theBoard of DirectorsGroup II: Corporate Structure of Communication26 27. Organization(Cont.) The Board of Directors is comprised of: Chief Executive Officer Chief Technology Officer Chief Financial Officer DirectorAlaskan Cruises and Land Tours27 28. Oversight & Compliance Amazons Audit Committee ensures that the company complies with all regulations in its financial reporting processes requires that employees submit complaints of all instances of abuse, misuse, or engagement in illegal or questionable business practices helps the Board of Directors in verifying accuracy of financial statements addresses all financial concernsGroup II: Corporate Structure of Communication28 29. Internal-Operational Communication Style The companys communication structure is somewhat informal The most common way of communicating business-relatedmessages within Amazon is through e-mail employees are encouraged to voice any concerns directly to theBoard of Directors via e-mail The CEO regularly responds to employee e-mail messages andconcerns, as well. The company is constantly sending employees updates of legalnotices and product updates as well as day -to-day information Group II: Corporate Structure of Communication29 30. External-Operational Communication Style Consumer data is compiled through online surveys toevaluate how well the company meets its customers needs Enables more direct and effective potential changes Provides feedback in real-time Provides a user-friendly interface for customersGroup II: Corporate Structure of Communication30 31. REFERENCES WALMART, INC. Dudley, Renee. Townsend, Matt. Wal-Mart Names Doug McMillon CEO to Succeed Mike Duke. Bloomberg Business Report. Nov 25, 2013. http://www.bloomberg.com/news/2013-11-25/walmart-names-doug-mcmillon-ceo-to-succeed-mike-duke.html Retrieved: December 2, 2013. "Sam's Club". Wal-Mart Stores, Inc. http://corporate.walmart.com/our-story/heritage/sam-walton Retrieved: December 1, 2013. WalMart 2012 Annual Report Sams Club. http://www.walmartstores.com/sites/annual-report/2012 Retrieved: December 2, 2013. Zimmerman, Ann. "Rival Chains Secretly Fund Opposition to Walmart." The Wall Street Journal. JunE 7, 2010.http://online.wsj.com/news/articles/SB10001424052748704875604575280414218878150 Retrieved December 1, 2013.Group II: Corporate Structure of Communication31 32. REFERENCES(CONT.) BERSKSHIRE HATHAWAY, Inc. http://www.berkshirehathaway.com/govern/corpgov.pdf http://www.berkshirehathaway.com/2010ar/201010-K.pdf http://www.berkshirehathaway.com/ownman.pdf http://retheauditors.com/2011/09/02/the-berkshirehathaway-corporate-governance-performance Group II: Corporate Structure of Communication32 33. REFERENCES(CONT.) COSTCO, INC. http://sec.edgar-online.com/costco-wholesale-corp-new/def-14aproxy-statement-definitive/1998/12/15/section2.aspxhttp://www.studymode.com/subjects/costco-wholesaleorganization-structure-page1.html http://www.marketwatch.com/investing/stock/COST/financials http://www.wikinvest.com/stock/Costco_Wholesale_(COST)/Ann ual_Meeting_Shareholders Group II: Corporate Structure of Communication33 34. REFERENCES(CONT.) GOOGLE, INC. http://investor.google.com/webcast.htmlhttp://www.forbes.com/companies/google/financial/GOOG http://www.google.com/about/company/facts/management http://www.google.com/about/company/facts/culture Group II: Corporate Structure of Communication34 35. CREDITS WILLIAM T. HARCOURT, COLLABORATOR,RESEARCHER & PRESENTATION CREATOR T. B., COLLABORATOR & RESEARCHER S. M., COLLABORATOR & RESEARCHER K. R., COLLABORATOR & RESEARCHER J. M., COLLABORATOR &RESEARCHER Group II: Corporate Structure of Communication35