Sam Walton
Sam Walton who have complete name Sam Moore Walton was born in Kingfisher, Oklahoma on March 29, 1918. Sam Walton founded Wal-Mart with Bud Walton in Rogers, Arkansas in 1962. Both were born into poor families. Sam Jobs in childhood is squeezing cow’s milk, packaging and distributing bottled milk cows. He also worked for extra money as a newspaper seller, but eventually could be one of the richest men in the world with a network of retail stores, Wal-Mart.
At first, Sam Stores are franchised stores from The Butler Brothers. With the help of Bud Walton, in-law and brother-in-law, Sam opened the store in Ruskin Heights, near Kansas in the shopping center. Then open a larger store called Walton’s Family Center and finally Sam with Bud founded Wal-Mart. Initial strategy was used to discount stores. This strategy is the first in the world. Five years later, Wal-mart has 24 branches with sales of 12.6 million dollars. In 1970, Wal-Mart opens first distribution center and headquarters in Bentonville, Arkansas, and trade shares of the first time. Then Wal-Mart approved and listed on the New York Stock Exchange. In 2003, the company has operations in more than 4000 stores worldwide. In 1999, with business partners 1,140,000, Wal-Mart became the largest private companies in the world.
The simple act of leader, however cause Big Impact
Every leader must have the force and power of each. A Sam Walton was known to be rather revealing the positive side of someone, then say thank you to someone because of their privilege to do.
Walton also was the one who appreciates the input from others. He was always asking questions to anyone who can give input considered. “Would you visit our distribution centers? After that, please tell me, what needs to be improved.” “How do you think of our new store concept? What will we do Walmart?” This shows that Walton’s very open to feedback and even criticism directed at him, while quite a lot of leaders feel allergic to criticism of
At first, Sam Stores are franchised stores from The Butler Brothers. With the help of Bud Walton, in-law and brother-in-law, Sam opened the store in Ruskin Heights, near Kansas in the shopping center. Then open a larger store called Walton’s Family Center and finally Sam with Bud founded Wal-Mart. Initial strategy was used to discount stores. This strategy is the first in the world. Five years later, Wal-mart has 24 branches with sales of 12.6 million dollars. In 1970, Wal-Mart opens first distribution center and headquarters in Bentonville, Arkansas, and trade shares of the first time. Then Wal-Mart approved and listed on the New York Stock Exchange. In 2003, the company has operations in more than 4000 stores worldwide. In 1999, with business partners 1,140,000, Wal-Mart became the largest private companies in the world.
The simple act of leader, however cause Big Impact
Every leader must have the force and power of each. A Sam Walton was known to be rather revealing the positive side of someone, then say thank you to someone because of their privilege to do.
Walton also was the one who appreciates the input from others. He was always asking questions to anyone who can give input considered. “Would you visit our distribution centers? After that, please tell me, what needs to be improved.” “How do you think of our new store concept? What will we do Walmart?” This shows that Walton’s very open to feedback and even criticism directed at him, while quite a lot of leaders feel allergic to criticism of