Wal Mart Final Paper Final Draft
Matt Thatcher
Management 365
Professor Stookey
1/19/2014
Final Paper
Board of Directors Proposal
New and Improved Walmart
I would like to thank the executives at Walmart for giving me the opportunity to provide insight and expand upon Walmart’s horizons for the 2014 business year. I graciously accept the appointed board member position with great integrity and plan to maintain the company’s great successes for this year and the future. While Walmart is a well renowned super store, it has been scrutinized for its labor rate as well as its overall unfair treatment of employees. The scrutinized label of this establishment allows me to offer an alternative perspective and therefore propose a solution to preserve the Walmart name. The possible future operations and procedures which I would like to see changed within each practicing Walmart is related to employee’s salary, pay, manufacturing and labor. My proposals incorporate much consideration in regards to maximizing the return to shareholders, providing for employees and serving the larger community and overall society as a whole. My considerations and proposals will also serve the consumer portion of the community because when employees are satisfied, customers are satisfied.
Previous to my appointed role as a board member for this company, I made assumptions regarding the way Walmart operates and functions as a business. Walmart has always been about saving, which in my mind is not only great for the people, but it is great for business. It is great for the people because the goods that Walmart provides are affordable for everyone including lower socioeconomic status citizens. The idea of saving is also great for business because it increases a company’s profits. I believe that these two notions is what Sam Walton believed in, and what Walmart represents today. I made the assumption that Walmart was a positive establishment in the community based on its slogan of “saving,” however, that was before I conducted
Management 365
Professor Stookey
1/19/2014
Final Paper
Board of Directors Proposal
New and Improved Walmart
I would like to thank the executives at Walmart for giving me the opportunity to provide insight and expand upon Walmart’s horizons for the 2014 business year. I graciously accept the appointed board member position with great integrity and plan to maintain the company’s great successes for this year and the future. While Walmart is a well renowned super store, it has been scrutinized for its labor rate as well as its overall unfair treatment of employees. The scrutinized label of this establishment allows me to offer an alternative perspective and therefore propose a solution to preserve the Walmart name. The possible future operations and procedures which I would like to see changed within each practicing Walmart is related to employee’s salary, pay, manufacturing and labor. My proposals incorporate much consideration in regards to maximizing the return to shareholders, providing for employees and serving the larger community and overall society as a whole. My considerations and proposals will also serve the consumer portion of the community because when employees are satisfied, customers are satisfied.
Previous to my appointed role as a board member for this company, I made assumptions regarding the way Walmart operates and functions as a business. Walmart has always been about saving, which in my mind is not only great for the people, but it is great for business. It is great for the people because the goods that Walmart provides are affordable for everyone including lower socioeconomic status citizens. The idea of saving is also great for business because it increases a company’s profits. I believe that these two notions is what Sam Walton believed in, and what Walmart represents today. I made the assumption that Walmart was a positive establishment in the community based on its slogan of “saving,” however, that was before I conducted