Organizational Behaviour
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- Date Submitted: 08/24/2015 05:21 AM
- Pages: 9
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Table of Contents
Introduction 2
Wal-Mart Organizational Structure 3
Functions of the management 4
Environment 5
Strategies formulation 8
Perception, Personality and Cultural Differences 8
Motivation 9
Leadership and Teamwork 10
Conclusion 11
Referencing 14
Introduction
Sam Walton was found Wal-Mart in 1962. Wal-Mart is an American worldwide retailer corporation, run big department stores and warehouse stores. According to the Forbes Global 2000, Wal-Mart listed in world’s 18th largest public corporation and it is biggest private employer with over 2 million employees in the world. Wal-Mart’s revenue reached $473294 millions, up 1.5% from the last year. The company is operating in 15 countries and 8500 stores around the world. Their mission statement is ‘we save people money so they can live better”. According to the fortune 500 companies, Wal-Mart ranked number one.
Wal-Mart Organizational Structure
The company follows a divisional organizational structure at the top level and a matrix organizational structure at the store level. Divisional structure divided into product structure, market structure and geographic structure. Their success of good structure is effective communication and good organized hierarchy levels. The key operating divisions are – Real Estate, International, Specialty stores and Sam’s clubs and super centers. Each division has their own purposes and objective to achieve and has individual functional employees. The advantage of this organizational structure is that companies are able to specify its actions into relying on oneself, each capable of satisfying customers demand and changes within the business environment.
For divisional or senior vice president the head office is absolutely important place for them. There are numerous districts, which have large number of stores that run by district manager. Regional vice presidents are responsible for monitoring around 10 to 15 district managers. Divisional...
Introduction 2
Wal-Mart Organizational Structure 3
Functions of the management 4
Environment 5
Strategies formulation 8
Perception, Personality and Cultural Differences 8
Motivation 9
Leadership and Teamwork 10
Conclusion 11
Referencing 14
Introduction
Sam Walton was found Wal-Mart in 1962. Wal-Mart is an American worldwide retailer corporation, run big department stores and warehouse stores. According to the Forbes Global 2000, Wal-Mart listed in world’s 18th largest public corporation and it is biggest private employer with over 2 million employees in the world. Wal-Mart’s revenue reached $473294 millions, up 1.5% from the last year. The company is operating in 15 countries and 8500 stores around the world. Their mission statement is ‘we save people money so they can live better”. According to the fortune 500 companies, Wal-Mart ranked number one.
Wal-Mart Organizational Structure
The company follows a divisional organizational structure at the top level and a matrix organizational structure at the store level. Divisional structure divided into product structure, market structure and geographic structure. Their success of good structure is effective communication and good organized hierarchy levels. The key operating divisions are – Real Estate, International, Specialty stores and Sam’s clubs and super centers. Each division has their own purposes and objective to achieve and has individual functional employees. The advantage of this organizational structure is that companies are able to specify its actions into relying on oneself, each capable of satisfying customers demand and changes within the business environment.
For divisional or senior vice president the head office is absolutely important place for them. There are numerous districts, which have large number of stores that run by district manager. Regional vice presidents are responsible for monitoring around 10 to 15 district managers. Divisional...