William H Marquard




Wal-Smart is not just a book about Wal-Mart. It's about the principles of leadership in a Wal-Mart economy. No matter what industry you work in, Wal-Mart influences the way you do business. In providing a new level of convenience, discount pricing, and efficiency, Wal-Mart has changed the rules of the global economy, the customer expectations for every business-and the ways your organization must deliver to keep up. Is it even possible to thrive in a world ruled by this, and other, industry giants?

Yes, it is possible-if you're “Wal-Smart,” says Bill Marquard. The architect of Wal-Mart's first-ever strategic planning process, Marquard takes you on a rare tour of what's really driving Wal-Mart's success, from its powerful process disciplines to its hidden management “DNA” to its simple, but elegant, productivity loop.

Wal-Smart answers our most gut-wrenching question as business leaders in any industry: Now that we're immersed in the Wal-Mart world, what are we going to do about it? Marquard prescribes the smart choices you need to make in every aspect of your business: as competitors, suppliers, employers, and community members.

Throughout are stories of triumph-and of defeat-that distill the critical strategic choices you must make to win in the shadow of any giant of industry . . . or to become a giant yourself. Wal-Smart equips leaders, managers, and anyone in the business community with the essential strategies that really work to survive and thrive in this brave, new Wal-Mart world.

What will you learn from this book

  1. Understanding the Retail Landscape: The book may provide a detailed analysis of the retail industry, particularly in the context of Walmart's influence, helping readers understand the challenges and opportunities.

  2. Competing with Walmart: It might offer strategies for smaller businesses to effectively compete with Walmart, considering the retail giant's scale and market presence.

  3. Supply Chain Management: Given Walmart's focus on efficient supply chain management, the book may highlight the importance of streamlining and optimizing supply chain processes for businesses.

  4. Cost Management: Cost-effective operations are crucial in a competitive market. The book may discuss strategies for managing costs without compromising quality.

  5. Customer-Centric Approach: Emphasizing the importance of understanding and meeting customer needs, the book might explore ways businesses can adopt a customer-centric approach to differentiate themselves.

  6. Innovation and Adaptability: The retail industry is dynamic, and the book could stress the importance of innovation and adaptability to stay relevant and competitive.

  7. Market Differentiation: To succeed in a Walmart-dominated market, businesses may need to find ways to differentiate themselves. The book might discuss strategies for creating a unique value proposition.

  8. Technology Integration: Given the changing retail landscape, the book may touch on the integration of technology, both in operations and customer interactions, to enhance efficiency and customer experience.

  9. Negotiation Skills: If dealing with Walmart as a partner or competitor, the book might provide insights into effective negotiation strategies and relationship management.

  10. Case Studies and Practical Examples: Illustrative case studies and practical examples could be used in the book to demonstrate successful strategies or cautionary tales within the context of a Walmart-dominated market.

Language English
ISBN-10 0071475168
ISBN-13 9780071475167
No of pages 272
Font Size Medium
Book Publisher McGraw-Hill Education
Published Date 16 Jan 2007

About Author

Author : William H Marquard

2 Books

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