Summary: The 10 Rules Of Sam Walton - Michael Bergdahl

Summary: The 10 Rules Of Sam Walton - Michael Bergdahl

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This work offers a summary of the book a€œTHE 10 RULES OF SAM WALTON: Success Secrets for Remarkable Resultsa€ by Michael Bergdahl. The founder of Wal-Mart, Sam Walton, was the most successful businessman in the world. Wal-Mart is the worlda€™s largest retailer, which Walton built from one store in Arkansas. Michael Bergdahl used to be a Wal-Mart director; in The Ten Rules of Sam Walton, he reveals and discusses Waltona€™s extraordinarily effective guiding principles. Some of these guidelines are commonsense a€“ Walton often rose at 4am to get more work done, he was extremely hardworking a€“ but most go against the conventional business grain. Wal-Mart was from the start built on profit sharing, which motivated all employees to be as entrepreneurial as the directors. He believed in communication throughout all levels of the corporation, not just at the higher levels: good ideas often come from the frontline staff members, who should have the opportunity to be listened to. Everyone, including himself, wore a name badge to encourage good relationships with customers and between departments. Michael Bergdahl shows that Sam Waltona€™s philosophy was simple: give people a one-stop shop for everything they need, and ensure with good customer service that they keep coming back. The Ten Rules of Sam Walton explains how to create and maintain a corporate culture thata€™s friendly and commercially effective.Sam Walton evangelized the WalMart way a€“ by meeting with his employees at every opportunity. He kept everyone ... WalMart formed strong and vibrant vendor partnerships a€“ so he could access supply chain efficiencies. Suppliers haveanbsp;...

Title:Summary: The 10 Rules Of Sam Walton - Michael Bergdahl
Author:BusinessNews Publishing
Publisher:Primento - 2014-09-29


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