05/02/2023 Business Leader 1

Sam WaltonThe founder of Wal –MART company

“save money live better”

05/02/2023 Business Leader 2

Briefly about Sam Walton’s dream “His dream was to have his own store”“His vision is to serve people”

His dream empowered by his desire to;

Serve people well

Build a winning team

Work hard

Impact people’s lives for food

Have fun

Support his family

Honor his lord

05/02/2023 Business Leader

Wal-Mart is the world’s largest re- tailing company. Number of stores 4906 Number of associates 1500000 store giant Wal-Mart has cut its growth forecast for the current

fiscal year 2015. The company plans to open a total of 240 small stores during the

year along with 120 Supercenters.

Current business context of Wal mart

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05/02/2023 Business Leader 4

Flashback on transformational leadership

According to bass and avolio, There are four component of transformational leadership,(1994)

• This is called, 4 I’s concept…

Idealized influence

Inspirational motivation

Intellectual simulation

Individualize consideration

05/02/2023 Business Leader 5

Transformational leadership on Sam Walton

Idealized influence (II) Inspirational motivation (IM) Intellectual simulation (IS) Individualize consideration (IC)

05/02/2023 Business Leader 6

Outstanding values of Sam Walton

Every one is treated with respect and dignity

He is not afraid of accepting challenges

He firmly believes that everyone is important to the success of the company

Energize his colleagues

Appreciates everything his associates do for the business

Blaze your own path.

Listen to everyone in the company.

Commit to the business

Good communication with his associates, suppliers, directors, stakeholders

his untiring effort to achieve his dream

05/02/2023 Business Leader 7

Sam Walton’s sayings

“If you love your work, you’ll be out there every day trying to do it the best you possibly can” Sam Walton

“We are all working together, that is the Success” Sam Walton“High expectations are the key to everything” Sam Walton

“You can’t just keep doing what works one time, everything around you is changing. To succeed, stay out in front of change” Sam Walton

05/02/2023 Business Leader 8

Is he a good leader???

He generated innovative, creative & talented leaders by paving

them the correct way of being successful;

1. Theresa Barrera (vice president of the company)2. Kevin turner (president and CEO of Sam's clubs)

“The Wal mart way”

The inside story of the success of the world’s largest company by don Soderquist (the retired vice chairman & chief operating officer of wal mart

05/02/2023 Business Leader 9

THANK YOU!Have a nice day!