Wal-Mart's Organizational Culture
Wal-Mart Culture
Introduction
There are a number of organizational behavior concepts that affect the success or failure of any organization; a few examples would be communication, motivation and decision making. Every organization has its’ own organizational culture which defines the organizational behaviors that it believes to be most important. An organization’s values, mission statement, goals and philosophy all make up the organizations culture. An example of an extremely successful company with a very strong organizational culture is Wal-Mart.
History
Sam Walton opened the first Wal-Mart store in 1962 in Rogers, Arkansas. Ten years and fifteen stores later, Wal-Mart stock was offered for the first time on the New York Stock Exchange. Eleven years later, in 1983, the first Sam’s Club member-warehouse store opened, and in 1988 the first Wal-Mart Supercenter opened, which had a complete grocery store and 36 departments of general merchandise. By 1989, there were......
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