Overview of the organization of Wal-Mart and goals. Are theses effective goals? How should they plan to achieve those goals?

Today, wholeness of the most common places known to everyone (Except Paris Hilton) is Wal-Mart. terminal year, Wal-Mart had revenues of $191 billion and has 1,283,000 employees, as of 2002. Wal-Mart is the largest retail store in the tie in States, and is larger than any other retail chain in the military personnel. Currently Wal-Mart operates over 4,150 retail facilities globally. According to the risk viosterol index of the wealthiest and most powerful corporations in the world, Wal-Mart holds the mo one spot, graded by its total sales. The company is ranked as the second most admired company in the world by Fortune (www.fortune.com). With all these numbers, you would think they had a pine drawn out plan with goals as capacious as their success, unless when Sam Walton created Wal-Mart in 1962, he tell that triad policy goals would define his business: respect for the individual, usefulness to customers, and melodic line for excellence (www.walmart.com). Three very short, but successful goals, which arrive at been working since. As I researched goals and planning, Wal-Marts goals are non the standard goals that I found. In the text there is information concerning characteristics of goals. Characteristics of Well-Designed Goals: 1)         Written in terms of outcomes quite an than actions. 2)         Measurable and quantifiable. 3)         Clear as to a time material body. 4)          gainsay yet attainable.

5)         Written down. 6)         Communicated to all needed organizational members . wariness (Page 166 Para. 1) As we redire! ct to Wal-Marts goals, we can see that they would not be defined as well designed. Not many of the half dozen characteristics would fit Sam Waltons goals. 1) Respect for the individual - This could not be considered for outcomes rather than actions nor is it measurable and quantifiable. It contains no time frame and I hardly consider respect as a challenge. nonetheless the goals... If you want to get a full essay, line of battle it on our website: OrderCustomPaper.com

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