Management at a Company
Deborah Ann Perry
Professor: Michelle Ross
Modern Management MGT: 500
November 19, 2018
Management at a company plays a very important role in shaping up the company success and failures. Most organizations today change their management styles as needed. I will be talking about management at Walmart Stores, Inc. Walmart is a multinational corporation and has a lot of stores worldwide. Walmart headquarter is located in Bentonville, Arkansas and was founded in 1962 by Sam Walton and was incorporated in 1969. I will be talking about the different management styles of the company and impact of change in the organization today.
Evaluate two (2) key changes in the selected company’s management style from the company’s inception to the current day. Indicate whether or not you believe the company is properly managed.
Walmart has outlines some of its key leadership styles and organizational changes for its growing global retail operations. The two key changes in Walmart management style are to have a very high expectation over the years, global environment we be operate on a continue change with speed, the business of Walmart must evolve quickly so they can continue to outpace and exceed their customers’ expectations. Others managers and executives has also move to others positions in the Walmart and Walmart International Stores. Tony Rogers, senior vice president of marketing for Walmart U.S. has been named chief marketing office-Walmart China, he will be reporting to Sean Clarke and his responsible will be marketing of Walmart’s Hypermarket business in China, he will also work closely with Andrew Miles and his team to grow the Sam’s Club brand in China and help build an even stronger member base. http://www.managementparadise.com/forums/foundation-human-skill-f-h-s/22/488-leadership-style-wamart.html Senior management’s role in preparing the organization for its most recent change.
In January 20, 2012, Walmart Senior Management’s role in preparing the organization for most recent change. In time of change, those whom are leading our team are impacted by change also. Senior management responsibilities and authority are a broader scope than a front-line manager, the position can involve good many challenges, and great deal of responsibility goes with that position. Walmart’s Senior Management responsible is for planning and directly the workers of groups of individuals, they have to monitor all of its employees work and when it’s necessary to take corrective actions. Senior managers often supervises the largest and most important group or groups in a company. http://www.resources/articles/mangers-change-management-roleHere are some of the core responsibilities of senior manager, providing guidance to direct reports, Ensuring clarity, approving requests for investment to a certain level of authority and approving hiring and firing request with in group. http://www.resources/articles/mangers-change-management-role.
Management’s decision on its use of vendors and spokespersons, Organization impact of these decisions.
Walmart suppliers hoping to have a quicker way to access to backroom inventory data, so Walmart has come up with this tool called The SPARC (Supplier Portal Allowing Retail Coverage) app. Walmart supplier will be able to use their smartphones to perform many of the functions that require assistance from stores associate with tracking device. http://www.retailwire.com/discussion/walmart-gives-vendors-access-to-backroom-inventory-data.
Walmart talks about this program should be out by this summer, supplier and third- party merchandising firms will be trained to use the devices, this program was developed by Walmart’s digital partner Rockfish. Walmart’s major suppliers including L’Oréal, Procter ; Gamble, General Mills, Kellogg, Unalive and ConAgra. http://www.retailwire.com/discussion/walmart-gives-vendors-access-to-backroom-inventory-data.
As a manager within the selected company suggest one (1) innovation idea that could have a positive impact on both the employees and customers of the company.
The best innovation idea that I could come up with is to keep the employees happy, by making it know that they are the best employees to have in the Walmart place of work and for the customers that keep on come back every times keep them happy by keeping the prices low and making sure there are happy when they leave Walmart Stores. Innovation in the workplace can transformation in two-sides, show case their idea and the foundation of organizational growth and sustainability and it can allow employees as individual to grow. https://www.forbes.com/sites/sites/glennllopis/2014/04/07/5-ways-leaders-enable-innovation-in-their-teams/#15eb5f798c4cCompany’s ability to adapt to the changing needs of customers and market environment. How open communication channels are critical for successfully, implementing change in organization.
We as consumers are very updates on new technological senses. We feel that it necessary to have the news phone, computer and other devices on handed as we engage in this new technology world. I bank at Wells Fargo Inc. and they have made it very easy for me to do my transaction on- line or mobile banking, mobile deposits and now Wells Fargo has come up with this device that you can take a picture of your paycheck or your personal check from your phone. Wells Fargo also offering you to personalized your debit cards for the customers that are very different and like different things, I feel that Wells Fargo has reach out to its customers like me and others to make sure our need are meet and open communication channels. http://www.monitordaily.com/article-posts/needs-adapt-changingReferences