Prepared for
Ron McDowall
Management and Sustainability
Prepared by
Student ID Number: 1164041
Master in Busuness and Management
University of Waikato, Hamilton, New Zealand
March 25, 2011
Nowadays when talking about Walmart we are referring to one of the biggest and successful companies worldwide. When talking about Walmart we don’t just think about a supply chain of stores that are located in every continent, but a store that a consumer can purchase all kind of unimaginable goods.
Walmart isn’t just a company that offers different sorts of products (food, clothing, tools, furniture, etc.), it is a huge company with more than 8,400 stores in 15 different countries and is also the source of work for more than 2 millions people all around the world (Walmart Sustainability Report, 2010).
The purpose of Walmart since the beginning has been to give their costumers lower prices, than those offered by similar stores. With that philosophy the company has been able to stand up in the retail market with amazing success.
As a positive for their customers, through its policy of environmental care, Walmart has been able give their clients products with great quality and with less toxic agents.
Walmart has put lots of effort into its Green Project against the Greenhouse Toxic Gases, this initiative has made their stores more sustainable and less contaminating.
In its attempt to create improvements in their labor policies, Walmart has created a number of benefits for their staff and as a result has been able to offer its employees better quality of life.
Task 1
1.- Identify and describe how Walmart’s expressed values and strategy both fits with and differs from the two management strategies we discuss in class.
Walmart has a clear management strategy, the Fayolism, and how I came to this conclusion is the following.
Part of Fayol’s theory of management is based in more benefits for employees. “He had 14 principles and
References: • McDowell, R. (2011) Management and Sustainability: EXLD500-11GB (HAM) (lecture notes). Hamilon, New Zealand: University of Waikato, Department of Management. • Walmart Global Sustainability Report. (2010). USA in profile 2010. Retrieved from http://walmartstores.com/sites/sustainabilityreport/2010/environment_overview.aspx.