Categories: Strategy

Wal-Mart (WMT) Mission Statement

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<h3 align&equals;"justify">The Mission Statement and Purpose of Wal-Mart &lpar;WMT&rpar; <&sol;h3>&NewLine;<p align&equals;"justify">Wal-Mart&&num;8217&semi;s advertised mission statement and its advertising slogan are the same&colon; <&sol;p>&NewLine;<p align&equals;"justify">&quot&semi;We save people money so they can live better&period;&quot&semi; <&sol;p>&NewLine;<p align&equals;"justify">In addition to this mission statement&comma; the company looks to its founder&comma; Sam Walton for a company &quot&semi;purpose&quot&semi;&colon; <&sol;p>&NewLine;<p align&equals;"justify">&OpenCurlyDoubleQuote;If we work together&comma; we’ll lower the cost of living for everyone…we’ll give the world an opportunity to see what it’s like to save and have a better life&period;” <&sol;p>&NewLine;<p align&equals;"justify">In order to fulfill its mission&comma; Wal-Mart has developed some unique&comma; policies&comma; principles&comma; rules&comma; processes and procedures&comma; the sum total of which form the Wal-Mart stores corporate culture&colon;<&sol;p>&NewLine;<blockquote>&NewLine;<p align&equals;"justify">• <strong>Open Door Policy &&num;8211&semi;<&sol;strong> Managers&&num;8217&semi; doors are open to employees at all levels<&sol;p>&NewLine;<p align&equals;"justify">• <strong>Sundown Rule &&num;8211&semi;<&sol;strong> Answering employee&comma; customer&comma; and supplier questions on the same day the questions are received<&sol;p>&NewLine;<p align&equals;"justify">• <strong>Grass Roots Process &&num;8211&semi;<&sol;strong> Capturing suggestions and ideas from the sales floor and front lines<&sol;p>&NewLine;<p align&equals;"justify">• <strong>3 Basic Beliefs &amp&semi; Values &&num;8211&semi;<&sol;strong> Respect for the Individual&comma; Service to our Customers&comma; Striving for Excellence<&sol;p>&NewLine;<p align&equals;"justify">• <strong>10-Foot Rule &&num;8211&semi;<&sol;strong> Making eye contact&comma; greeting&comma; and offering help to customers who come within 10 fee<&sol;p>&NewLine;<p align&equals;"justify">• <strong>Servant Leadership &&num;8211&semi;<&sol;strong> Leaders are in service to their team<&sol;p>&NewLine;<p align&equals;"justify">• <strong>Wal-Mart Cheer &&num;8211&semi;<&sol;strong> An actual structured chant that was created by founder Sam Walton to lift morale every morning <&sol;p>&NewLine;<&sol;blockquote>&NewLine;<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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