« Warren Buffett and Secrets of Management - 97 | Main | Richard Branson - Lessons in Business, Management and Life - 70 »

Mar24
The Common Sense Management of Sam Walton - 67

His Simple Business Model and Legendary Focus Changed the World


When we take a deep look into Sam Walton and what he accomplished through Wal-Mart (WMT), it goes far beyond low costs and low prices, as important as that is to consumers around the world.

What Sam Walton and Wal-Mart has done throughout many parts of the world, is to literally help to lower inflation beyond anything that maybe has happened historically. For those that understand what that means, it's mindboggling. It's not the size of the company alone that does this, but the efficiencies inherent in the Wal-Mart%20Changing%20the%20World.jpgoverall way the company is run that has produced these results.

Not only have retail competitors had to learn better ways of doing business, but manufactures and distributors have had to as well. The productivity gains in manufacturing, along with retailing, have been unprecedented.

What's even more amazing is the simplicity with which he did it, as far as the purpose of the business goes, and the way that he could maintain focus without being sidetracked.

The more we dig into these great business leaders, the more we learn that it's not complexity and chaos that really make them great at what they do, but simplicity of purpose, staying on course, tremendous focus and determination to make it happen.

Traits that may be invisible to the eye, but made visible through the dreamers that see what they want before it ever arrives. 

Other Walton Sources:

The Wisdom Of...Sam Walton

Sam Walton Articles

The Most Underrated CEO Ever The legendary Sam Walton

Sam Walton: The Power of Persistence

The Anti–Wal-Mart Jihad

Made in America: My Story

Sam Walton Business Quotes for Ya

Remember to Sign up for my feed, bizzbite and digg this!

 

Sponsored link: The outsourcing every manager requires - Tampa Locksmith


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Warren Buffett and Secrets of Management - 97 | Main | Richard Branson - Lessons in Business, Management and Life - 70 »

Advertise

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

My site was nominated for Best Business Blog!

I'm a C-list Blogebrity

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



ManagersRealm is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb