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The Wal-Mart Decade - AchieveMax® Top Ten Book Review
The Wal-Mart Decade: How a New Generation of Leaders Turned Sam Walton's Legacy into the World's #1 Company was destined for publication. It was simply a matter of when it would be written and by whom. In fact, I'm amazed that it wasn't published long before this. Wal-Mart is so much more than the smiling faces of the senior citizens who greet you with open arms at the front of the store, it's more than the bouncing Smiley Face continually reducing prices in every aisle, and it's certainly much more than a typical discount store chain headquartered in the small Arkansas town of Bentonville. Wal-Mart is the real thing. It's here to stay. It's a world-class company.
There is much to learn from this corporate giant that recently moved into the #1 spot on the Fortune 500 ahead of GM, Exxon Oil, Ford Motor, and GE. Do you think Wal-Mart simply stumbled into that coveted position? Consider this:
The greatest strength in the Wal-Mart arsenal is the fact that their CULTURE is everything. It's hard to argue with the reality of Wal-Mart's continued performance.
I think it's important to realize that the author of this book isn't a devoted Wal-Mart fan trying to recruit additional followers for the retail giant. Robert Slater was a reporter for Time Magazine for 21 years. He is the best-selling author of Jack Welch and the GE Way and has also written acclaimed books about IBM and Cisco. He probed deeply into the Wal-Mart organization from top to bottom, from Bentonville to China and beyond. This book offers a fresh and fascinating look at this unique company-as it was and as it has become-with an immediacy and insider's feel unrivaled since Sam Walton's own memoir, Made In America.
Sam Walton set the bar high for his future leaders. He created a unique culture based on three basic beliefs:
Walton was also totally committed to what he characterized as his Ten Rules of Business ... each of which is explained in detail in the book. The author allocates three of 14 chapters to "The Founder and His Legacy." He wisely devotes the remainder of his book to explaining how the new management team devised and then implemented strategies for tremendous growth.
There really have been three quite different periods of Wal-Mart's development from a Ben Franklin franchise (opened in Bentonville as the Walton 5 and 10 in March of 1951) to the global retailing giant it is today. The three periods include the Sam Walton Years until his death in 1992, the David Glass Years (1992-2000), and the Lee Scott Years (2000-Present).
For years, many people asked about Wal-Mart the same question that others asked about Southwest Airlines: "What's going to happen after HE leaves?" With all due respect to both Sam Walton and Herb Kelleher, their respective organizations have done just fine. Perhaps that is the ultimate test of leadership: a heritage which endures after the leader is either gone or much less involved. In this exceptionally informative book, Slater explains how and why such a heritage guides and inspires the entire Wal-Mart organization.
More than 100 business book reviews written by Harry K. Jones are available at http://www.AchieveMax.com/books/.
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Harry K. Jones is a professional speaker and consultant for AchieveMax®, Inc., a firm specializing in custom-designed keynote presentations, seminars, and consulting services. Harry has made presentations ranging from leadership to employee retention and time management to stress management for a number of industries, including education, financial, government, healthcare, hospitality, and manufacturing. He can be reached at 800-886-2MAX or by visiting http://www.AchieveMax.com.
What Really Works - AchieveMax® Top Ten Book Review
If you watch television, read the newspaper and/or magazines, frequent the Internet, or simply move in any kind of a business circle, you must have, at one time or another, pondered the following:Why do some organizations consistently outperform their competitors?What do managers at the best companies know-and do-to keep their organizations on top?When it comes to implementing management practices that can propel a company to lasting success ..
Geeks & Geezers - AchieveMax® Top Ten Book Review
Geeks & Geezers: How Era, Values, and Defining Moments Shape Leaders by Warren G. Bennis & Robert J.
The Letter Writer: Book Review
"I enjoyed reading this book. The characters were portrayed very well.
Product Review: Quick and Easy Ways to Instantly Mine Pure Gold from WordTracker
The other day I was surfing the net looking for resources relating to WordTracker. WordTracker is, in my opinion, one of the top two market research tools on the net.
Screenwriter and Novelist Marguerite Ashton Receives Rave Reviews for Mafia Novel
When asked what gave her the idea for the story, she replied, "I am a big movie fanatic of all genres, but if you were to ask my favorites, it would be mafia and horror. With Taylini, I decided to add a twist that is not included in your usual "mafia stories.
Review of Alicia Maldonado: A Mother Lost by Ardain Isma
This modern, aristocratic book portrays real-life events and how hard it is to deal with them, overcome them, or even struggle with them. Such is life, anywhere you put it, in the Caribbean or otherwise.
Her Backyard: Book Review
Her Backyard by Doreen Lewis is an adventure, romance novel that depicts a career woman in the middle of self-discovery. It is about making choices that may not be so easy to make and complex relationships between co-workers, siblings and friends.
King Bartholomew and the Jesters Riddle - Review
King Bartholomew and the Jester's Riddle by Pina Mastromonaco is a wonderful, fun book with a humor level perfect for children aged four to eight. Entertaining riddles entice readers to try to guess the answer while enjoying the tale.
The Bible Code II: The Countdown, by Michael Drosnin
Sir Isaac Newton knew about the Bible code 300 hundred years ago when he described it as "a cryptogram set by the Almighty?.The riddle of the God-head, the riddle of past and future events divinely fore-ordained.
Humor Just Got A Whole Lot Funnier With Juggin Joe
Author Joseph Yakel presents his own blend of humor and melodrama in this country boy comedy. Offered as a light-hearted, fun adventure with a feel-good edge, Yakel said he was looking to amuse his audience with something a little different.
The Storyteller - Fiction Books!
Review by Jessica Dearborn Tolucan Times / Canyon Crier - California"The Storyteller, Volume I" by Martha Whittington AuthorHouse, Paperback, 514 Pages, $24When inspiration hits, it is usually followed closely by desire. A willingness to do whatever it takes to explain your inspiration, to create a picture.
The Little Mornings - Book Review
The Little Mornings, by C M Albrecht is a murder mystery with 262 absolutely absorbing pages. We have three main characters here - the grandfather, an alcoholic of questionable character, a slightly off balance woman (Angie) and an impressionable young man (Darcy) who becomes mixed up in a whirlwind of events.
Lethal Option - Book Review
"This has to be one of the best detective novels I have read in some time - right up there with Lawrence Sanders! P.J.
Job Interview Answers
Last week I found an interesting book called Ultimate Guide To Job Interview Answers. Having myself hired many people I was intrigued what the book had to offer.
Selling Goodness-Introduction To The Book
Unfortunately, I have seen too many of even the most noble and vitally needed charitable nonprofits fade into obscurity, never having accomplished the laudable goals they set out to achieve. In most cases, the reason for their demise is that they did not promote themselves with vigor and assertiveness.
Erasure and the Othering of Texts
Percival Everett's Erasure takes a look at how racism affects various aspects of our lives that we may be unaware of. An excellent example of this is when Ellison ventures into the bookstore to look for his novel only to realize that they are in the Africa-American literature section.
Bury My Heart at Redtree
Title: Bury My Heart at Redtree Author: Patrick Chalfant Genre: Suspense/Thriller ISBN: 1-930709-53-6Patrick Chalfant weaves a tale that is a mixture of psychological suspense, Native American mysticism and revenge in his sophomore novel Bury My Heart at Redtree. Redtree follows Taylor, a promising young psychology student as he builds his masters thesis around the revenge he has planned for those who are responsible for his parent's death.
Undercurrent Blues Has A Rhythm of Its Own - Poetry Book Review
On July 17, 2005 Cahuenga Press released Undercurrent Blues by James Cushing (Cahuenga is a cooperative press and Undercurrent Blues is the 14th book they have published since their inception in 1989). The collection includes poems written from 1989 through 1991 and 1997 through 2002.
The Bubblegum Babes Guide to Sixth Grade - Review
This is one book that I would have cherished as a little girl. The Bubblegum Babes' Guide to Sixth Grade is the first in a series designed for young people growing up in today's fast-paced and high-pressure world.
Silent Lies - Book Review
"Silent Lies is an action romance saga, that takes the reader through decades of a tumultuous time between the end of World War I and the beginnings of World War II. Excellent and intelligent use of actual historical events makes this piece both educational and entertaining.
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