Monday, December 21, 2009

Amazing aspect of Wal-Mart

Amazing aspect of Wal-Mart

I have always wondered how a company like Wal-Mart consistently performs GREAT and consistently overtakes its previous baselined SUCCESS.

This Giant doesn't produce a product of its own. But has the power and knowledge to effectively streamline the whole retail process by effectively managing the Resources(People & Systems), Suppliers and The Supply Chain Management.

Its truly AMAZING wonder, how this consistently High Performing Engine manages this epitome of SUCCESS :

Leadership development,Systems Development, Relationship Management, Supplier Management, Logistics, Community Giving (Corporate Social Responsibility), Diversity, Analytics, Systems Integration,Technology Adaptation/Migration, Managing for Performance, Forecasting the Needs (Demand & Supply), a lot of other aspects.

The key differentiator of this Gaint when compared to others is EXECUTION. Its this miraculous way of executing all of the above mentioned parameters in a collaborative approach that yield results.

A True Admiration

By SuRaJ.

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