
The Common Sense Management of Sam Walton - 2
Sam Walton never made it sound like everything he did was original. He made it a point to say that he went to any type of store he could think of or would run in to, and then would go look and try to find anything he could learn that would add to the success of his business.
Usually what would happen is that he would find something that was being done, and then would improvise and improve upon it in a way that was far beyond the
originators first thought.
He would also do this when he was looking for great people to work in his stores. He said one time concerning this: "I did something I would do for the rest of my run in the retail business without any shame or embarrassment whatsoever: nose around other people's stores searching for good talent."
A major part of Walton's genius was in knowing what to do with something or someone far better than his competitors once he found what it was a business was doing or discovered a great worker.
From offering workers certain types of incentives, to adapting and changing existing practices within a competitors business, Walton knew how to take things and make them even better and more compelling.
Of course the other side of it is that he found a whole lot of things that didn't work that he wouldn't have to spend his time experimenting with. Walton's secret was that he simply couldn't pass up a chance to learn or find someone that was doing great in another environment. Then he took the person or the concept and made it or them better than it was when he discovered them.
The Most Underrated CEO Ever The legendary Sam Walton
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