Item description for The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company by Don Soderquist...
Since Sam Walton's death in 1992, Wal-Mart has gone from being the largest retailer in the world to holding the top spot on the Fortune 500 list as the largest company in the world. Donald G. Soderquist, who was senior vice chairman during that time, played a crucial role in that success. Sam Walton said, "I tried for almost twenty years to hire Don Soderquist . . . But when we really needed him later on, he finally joined up and made a great chief operating officer." Responsible for overseeing many of Wal-Mart's key support divisions, including real estate, human resources, information systems, logistics, legal, corporate affairs, and loss prevention, Soderquist stayed true to his Christian values as well as Wal-Mart's distinct management style. "Probably no other Wal-Mart executive since the legendary Sam Walton has come to embody the principles of the company's cultureor to represent them within the industryas has Don Soderquist," Discount Store News once reported.
In Sam's Choice, Soderquist shares his story of helping lead a global company from being a $43 billion company to one that would eventually exceed $200 billion. Several books have been written about Wal-Mart's success, but none by the ones who were the actual players. It was more than "Everyday Low Prices" and distribution that catapulted the company to the top. The core values based on Judeo-Christian principlesand maintained by leaders such as Soderquistare the real reason for Wal-Mart's success.
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Format: Abridged, Audiobook
Studio: Thomas Nelson
Est. Packaging Dimensions: Length: 5.7" Width: 4.9" Height: 1" Weight: 0.35 lbs.
Release Date Apr 30, 2005
Publisher Thomas Nelson
ISBN 0785261354 ISBN13 9780785261353 UPC 020049025673
Reviews - What do customers think about The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company?
Do you want to be like Wal-Mart? May 15, 2008
Whether you think of Wal-Mart as an abomination or your second home, you will find excellent principles with illustrating stories about how to build and run a successful business.
Good book, but be warned... Dec 7, 2007
This book is very good and can teach powerful lessons. But you should bare in mind that you can buy this book at wall-mart for nearly 15 dollars less...Just to let you know.
Wal*Mart Way Principles Aug 5, 2007
This would give you an idea about the book.. you dont wanna miss reading this one!!
1. Every successful venture begins with a dream that requires determination, passion, and the willingness to grow if it is to be fulfilled.
2. You must have a vision that allows you to see a bigger, better, stronger you in the future - while never taking your eyes off of who you are and now what you are doing today.
3. To build a great company, you must create a culture where everyone shares the same values, purposes and expectations of success.
4. True success is achieved in direct proportion to the degree that an organization treats its people with respect and dignity - and believes in them enough to help them grow.
5. You will succeed when you make a commitment to help your customers succeed first.
6. Achieving excellence becomes a reality when you set high expectations, humbly face and correct your mistakes, stay optimistic, and avoid the quicksand of complacency.
7. Your success is in direct proportion to your ability to plan, monitor, and ultimately execute all phases of your business.
8. To build a great company, you must actively and continually seek out, evaluate, and invest in the tools that best serve people and aims of your organization.
9. The most basic operations in your company represent tremendous opportunities for improvement, growth and savings. Dont overlook the obvious.
10. When you create win-win relationships with your business partnerships based on trust and open communications, you maximize your potential for growth.
11. The ongoing sucess of your organization is in direct proportion to your ongoing commmitment to grow.
12. When you cultivate a spirit of charitable giving and civic involvement within your organization, you exponentially increase your tangible and intangible returns - including the personal character of your team.
Insider's account of how Wal-Mart does business Sep 18, 2006
Author Don Soderquist, Wal-Mart's retired Vice Chairman and COO, writes passionately about the company its founder, the late Sam Walton and its corporate culture. Once dubbed 'keeper of the culture,' he is not here to write a balanced, objective corporate biography. Instead, his admiration and respect for Walton and Wal-Mart shine from every line. He examines the company's workings from its humble beginnings to its rapid, phenomenal expansion. Soderquist describes Wal-Mart's commitment to its customers and employees, and describes its cost-cutting zeal. He details its use of new technology to revolutionize internal systems. These insights from the inside are very interesting, but - perhaps because the author was in the highest ranks of the company's leadership - the tone is so pro-Wal-Mart that it has the taste of public relations. However, if you seek immersion in this distinctive corporate culture and want to emulate the principles that worked for it, we stand beside the big glass doors and welcome you to Wal-Mart. Do you need a shopping cart?
Don Soderquist is a great American Jul 18, 2006
Reading this book you get to know a humble, God-fearing man who pursues excellence in everything he does. Don Soderquist would never say so, but he is a great American and a role model for any young businessman.
And Wal*Mart is proof that the strong American work ethic is really what makes our corporations so successful. Not the 'exploitation' schtick that the demented newscasters constantly try to peddle.