Operative Management Term Paper Example | Topics and Well Written Essays - 1000 words

private detective Management - Term Paper ExampleRigsby and Guy Greco, 2003) Sam Walton, the founder of Wal- food market had a get ahead vision to establish Wal- Mart as the outperform retail store in the industry. The mission of Wal Mart was simple, easy to explain to those responsible for its achievement, and straightforward that left nothing to the imagination. The goal of the Sam was not the biggest retail merchant but the best retailer in the industry.Wal- Mart was equipped with certain basic values to realize its straightforward mission. These values are the ability to merchandise, creating innovative retailing ideas, best store operations, cost control, technologies, guest services, distribution, and establishing a culture as a retailer. The reason for such a phenomenal success as the best retailer in the word is to pursue the business with these pre-established values. Wal- Mart translated these values into its retail practices and achieved the best results.Wal- Mart ex ecuted its strategies by developing the skill of managers in areas of communication, motivating junior staff, team reading through training, establishing standards for customer service, and fixing responsibility and accountability.Wal- Mart used one of the basic theories of management called surmise of motivation. Theory of motivation seeks to persuade efforts from management to encourage employees. Sam Walton, the founder of Wal- Mart, used to pick up his stores and meet employees at different levels of activities. He used to carry a tape recorder and tough it as his tool of empowerment. He used to tape his conversations with employees and later listened to those recordings for devising means to perform motivation among his workforce. He was first in the industry to call his work as his associate. Addressing an employee as an associate of the management is enough to instill in employees a sense of responsibility at rack up with ownership.