Sunday, November 3, 2019
Analysis of Walmart Research Paper Example | Topics and Well Written Essays - 750 words
Analysis of Walmart - Research Paper Example More than 90% of respondents said that Walmartââ¬â¢s leadership style is result centred and people focused (Foroohar, 2012). The managers interviewed confirmed that the people elected into leadership positions are servant leaders with sharp business minds, global outlook and a clear vision for the company. The companyââ¬â¢s elevation was guided by leaders who constantly inspired their subordinates to work hard and steer the business to the next level of success (Roberts & Berg, 2012). The observation exercise revealed that leaders were understanding, inspiring, thoughtful, kind, and considerate and involved their subordinates in decision making. The subordinates were very happy with their leaders and perceived them as very helpful and pleasant to work with (Creswell & Clark, 2007). More than 90% of respondents said that transformational leadership was effective because it encourages and motivates employees to form common organizational goals, which has seen the firm transform from a small business to a multinational retail corporation. 87% of respondents said that leadersââ¬â¢ behavior increases performance by motivating, training and pushing employees to give their best. More than 90% of employees (respondents) were happy to work for the firm. The dissatisfied group gave reasons such as poor working conditions and low pay as major dissatisfiers The research also revealed that Walmart has good leadership that is guided by strong business ethics. Most respondents were satisfied with the companyââ¬â¢s leadership and adherence to business ethics. However, there were several instances of unethical behaviour that were reported by respondents. For example, Wal-Mart was accused of unethical behaviour when it continued to buy clothes from Bangladesh which were banned for export. It was also involved in major financial scandals such as the Mexico scandal that involved bribery, fraud, and concealing evidence
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