This content was stolen from brainmasscom - view the original, and get the solution, here sam walton research their life, management style, employment background, and what skills, traits, and characteristics made them a good leader.
He added sam’s club to the business in 1983, and in 1985, sam walton was named the richest man in america by forbes magazine wal-mart became the nation’s top retailer in 1990 behind the scenes though, sam walton was a brilliant and ruthless businessman. Sam walton was born on 1918 in kingfisher, oklahoma during his teenager years, it was during the great depression and this cultivate the habit of prudence in sam walton, even till his old age walton was a high achiever in his school days he was president of the student body in his senior year. Ten rules of management success from sam walton sam walton (1918–1992,) the iconic founder of walmart and sam’s club, was arguably the most successful entrepreneur of his generation he was passionate about retailing, loved his work, and built and ran walmart with boundless energy you might call his style: management by looking. Sam walton is known for remaining connected with his business at the grass-roots level until his end he would spend time with his employees on the floor, talk to them, listen to them and even take notes.
Sam walton leadership style visionary leadership of sam walton, the founder of wal-martit examines his contribution in accelerating the growth of retailing industry it explains how walton transformed wal-mart, a start-up in the 1950s, into a multi-billion dollar global retailing industry giant the case details the beliefs, philosophies and value system of walton.
Samuel moore walton (march 29, 1918 – april 5, 1992) was an american businessman and entrepreneur best known for founding the retailers walmart and sam's clubwal-mart stores inc grew to be the world’s largest corporation by revenue as well as the biggest private employer in the world at one point in his life, he was the richest man in america.
Synopsis sam walton was born on march 29, 1918, in kingfisher, oklahoma walton opened the first wal-mart in 1962, after years in the retail management business. Wal-mart was founded by sam walton in rogers, ark (1962), and focused its early growth in rural areas, thereby avoiding direct competition with retailing giants such as sears and kmart as it grew, the company developed new retail formats, including sam’s club discount warehouses (1983) and wal-mart supercenters (1988.