This is my final presentation for this class. Pleas check to see if it correct.

Walmart is a world-renowned retailer that operates differently across the world. The company's strategic goal is four-fold: to dominate the market retail in any area where the company has a presence, to follow a competitive strategy that combines aspects of differentiation and cost leadership, to formulate efficient strategies for reaching the company's goals, and to maintain an organizational structure that helps in accomplishing different goals.

Walmart's organizational structure helps the company achieve consistency and better results in terms of operations and performance. The company follows a Hierarchical function organizational structure or commonly known as a 'matrix' organization at the store level which is a blend of other types of organization structure known as divisional organization structure and functional organization structure.

The SWOT analysis of Walmart provides a framework for making changes toward sustainable energy.

Strengths: Being the largest retailer in the world, with unmatched scale of operations and strong market power over suppliers and competitors. The combination of a developed distribution system and a well-managed information system. The company has a large merchandise selection in its many physical stores helps it to develop e-commerce channel sales faster and with lower costs.

Weaknesses: The company has highly criticized employment policies, which result in high employee turnover and poor customer service. It also has negative publicity and a poor brand reputation.

Opportunities: The company has a growing variety of sophisticated robots and automation tools opens up many opportunities for automated distribution centers and staff-free stores. The e-commerce market is forecast to reach the US $6.3 trillion by 2024.

Threats: New laws and regulations concerning food, safety, wage, work benefits, and pharmaceutical business. There are new lawsuits, which would further damage brand reputation and has a growing risk of data breaches.

The PESTLE Analysis of Walmart:

Political- Determines the degree to which government and government policies may affect the organization or particular industry. Example: (in) stability impact operations. The company serves over 250 million customers globally each week. Walmart operates all over the world. Walmart has a lot of policies to follow.

Economical--are those that contribute to the economic growth of the nation with the launch of a new product and new brand. Example: Walmart, like any other corporation, is affected by economic stability. Walmart is known for its low prices of goods. However, if the economy hits, it may require production to go up. If Walmart does not raise its costs, it will not be able to compete with other companies.

Socialthese include shared values and beliefs of the community in which the organization is planning to launch its product. Example: They also have employees pick up groceries in the store and deliver it to customers in their vehicles.

Technological--reshaping human needs and the environment. Example: Reach more people in online shipping. Most customers are using a laptop, mobile devices, and tablets. Our customers would be able to pay for online ads from our website from search engines. The common of these laws include employment regulations, data protection laws, labor laws, and health and safety laws. Environmentalthese factors are based on the availability of raw material and natural resources, ethical issues, etc. The government has set targets across the country.

Legal-these includes health, safety, security, consumer rights, standards, and regulations laid by the government for the business to operate and generate revenues. Example: employee health, safety, consumer issues, etc.

Smart goals for Walmart are a world-renowned retailer that operated differently across the world. The strategic goal is four-fold. First, Walmart aims to dominate the market retail in any area where the company has a presence. The Competitive strategy is associated with leading every sector of business. To follow the competitive strategy. Walmart combines two aspects of differentiation and cost leadership. Strategy formulation is a process of evaluating a company's strategy as well as choosing the most efficient strategy for reaching the goals and objectives set by the company.

Walmart's organizational structure helps the company achieve consistency and better results in terms of operations and performance. Every company needs an organizational structure that helps in accomplishing different goals. It also helps in determining the company's business activities. Walmart follows a Hierarchical function organizational structure or commonly known as a 'matrix' organization at the store level which is a blend of other types of organization structure known as divisional organization structure and functional organization structure.

The four functions of management are the process of working with people and resources to accomplish organizational goals. For managers to be effective, they must achieve organizational goals. These goals are traditionally known as the four functions of management., including planning, organizing, leading, and controlling.

Planning is defined as the act of making decisions about goals and activities for an organization. Organizations need a plan to set the stage for actions and other achievements. According to (Lewis, Goodman, & Fandt, 1998), plans provide a foundation for coordinating and directing the activities of the organization so that goals can be achieved.

Organizing means assembling and coordinating the people, money, physical attributes, and information needed for companies to achieve goals. When companies do not organize properly, plans fail through, and success fails. The main responsibility of Walmart managers and employees is to make decisions. Decisions making involves deciding what is right or wrong for the organization. Stakeholders decide on ways through which organizations' performance can be improved. It is important to ensure that the right decision is always made.

When referring to the function of leading, it is the act of stimulation. A good leader has to have the ability to motivate and communicate with employees. This ability can be seen within Wal-Mart human resources associates, who are also classified as leaders in the organization. The Age Discrimination in Employment Act (ADEA) forbids age discrimination again people who are age 40 or older. The law prohibits discrimination in any aspect of employment, including hiring, firing, pay, job assignments, promotions, layoff, training, benefits, and any other term or condition of employment. It is unlawful to harass a person because of his or her age.

The last function of management is controlling. The purpose of controlling is to monitor the performance and make changes necessary for organizational success. Management of Wal-Mart can be thought of as the controlling function because its job is to plan, organize, lead, and control the activities of the organization so that goals can be achieved (Lewis, Goodman, & Fandt, 1998). There are four fundamentals steps to follow:

1. Establishing standardsset for manufacturing lead time, turnover rate, Maintenance and repair turnaround times, inventory levels, and quality.
2. Measuring performanceneeds to be monitored continuously and feedback for the process must be immediately provided. Production volume, production capacity, number of rejects per hour, quality of products, cost per unit, etc.
3. Compare the measured performance against standardsthis performance does not have to be exactly equal to the standard.
4. Evaluate performance and actwhen the performance of the process falls within the acceptable tolerance limits. The management must take an action to correct the deviation depending on the error in the process.

The company has identified improving opportunities to strengthen its shop-keeping skills and ensure stores are clean, well-merchandised, and operated by engaged managers and associates. Walmart has too much inventory in the back rooms, and our processes are where we want them to be. This is caused by some undue shrinkage and some out of stocks. We have too many displays, not allowing associates to merchandise their store the way they need for their customers.

Walmart should be evaluating the store layout and design in both Supercenter and Neighborhood Market formats, from the ease of navigation, all the way down to the lighting and temperature of a store. One change I feel is making an addition of a bakery and deli.

Walmart is leveraging adjacencies such as gas, care clinics, and financial services, to drive more additional traffic to our stores.

References

junevicus, O. (2022, July 14). Walmart Swot. Retrieved from www.strategymanagement.com

Samuel. (2021, September 25). How I go the Job. Retrieved from www.howigotthejob.com

Walton, S. (n.d.). Corporate Walmart. Retrieved from www.corporate.walmart.com

"Management and Leadership of Walmart." Essays. ukessays.com, November 2018. Web. 22 July 2022. .