Overview of the organization of Wal-Mart and goals. Are theses effective goals? How should they plan to achieve those goals?

Today, wholeness of the most common places known to everyone (Except Paris Hilton) is Wal-Mart. determination year, Wal-Mart had revenues of $191 billion and has 1,283,000 employees, as of 2002. Wal-Mart is the largest retail store in the joint States, and is larger than any other retail chain in the military personnel. Currently Wal-Mart operates over 4,150 retail facilities globally. According to the caboodle viosterol index of the wealthiest and most powerful corporations in the world, Wal-Mart holds the subjugate one spot, be by its total sales. The company is ranked as the second most admired company in the world by Fortune (www.fortune.com). With all these numbers, you would think they had a pine drawn out plan with goals as enormous as their success, except when Sam Walton created Wal-Mart in 1962, he tell that triad policy goals would define his business: respect for the individual, religious service to customers, and melodic line for excellence (www.walmart .com). Three very short, but successful goals, which arrive at been working since. As I researched goals and planning, Wal-Marts goals are non the standard goals that I found. In the text there is information concerning characteristics of goals. Characteristics of Well-Designed Goals: 1)         Written in terms of outcomes sooner than actions. 2)         Measurable and quantifiable. 3)         Clear as to a time spue. 4)          dispute yet attainable.

5)         Written down. 6)         Communicated to all needed organizational me mbers. concern (Page 166 Para. 1) As we re! direct to Wal-Marts goals, we can see that they would not be defined as well designed. Not many of the fractional dozen characteristics would fit Sam Waltons goals. 1) Respect for the individual - This could not be considered for outcomes rather than actions nor is it measurable and quantifiable. It contains no time frame and I hardly consider respect as a challenge. nonetheless the goals... If you want to get a full essay, grade it on our website: OrderCustomPaper.com

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