Organizational Analysis Essay Example | Topics and Well Written Essays - 1500 words

Organizational Analysis - Essay Example Human resource plays a very important role in the development and success of any organization so was the case with Wal-mart. Sam Walton from the start of this business was surrounded by the most creative and hardworking employees. The employees are still working with their complete dedication and interest to achieve the goal of the mission statement. There are many internal and external challenges faced by the Human resource of Wal-mart such as the employee turnover rate, less capable employees in the developing countries, world politics, economics, inflation, exchange rates, etc. However, Wal-mart successfully faced all the hurdles in its way and qualified to be considered the largest retailers chain in the world. But there is always a room for further improvements and achievements and to fill that gap Wal-mart should continuously come up with new and different ideas to remain dominant in the retailer’s world. Organizational Analysis of Wal-mart Today, the customers not only want to buy things that they want but they actually want to enjoy their shopping experience. Now customers want a lot of merchandize available under one roof with the satisfying services and lowest possible prices, friendly and pleasant shopping environment with free parking. Wal-mart promises to give all of this to its customers (Walton, 2012). Wal-mart is a super store which features maximum number of high quality merchandize with comparatively low prices and gives its customers an everlasting shopping experience. It serves more than 200 million customers per week (our story, 2012). It has retail stores, online services and mobile alerts operating in 27 countries under 69 different banners. The first Wal-mart store was open in 1962 in Rogers, Arkansas. Sam Walton’s unparallel devotion to the company and the leadership skills lead the organization to where it is now standing. He was the man behind the success of the unique retail store. He believed in leadership through serv ice and customer satisfaction. The basic idea behind Wal-mart was to serve the customers with low prices and great service. The target market of Wal-mart is that segment of customers who want multiple things such as grocery, electronics, apparel, stationary, decorative, and every other thing under one roof. These customers want a pleasant buying experience and goods services and satisfaction along with low prices. Wal-mart is very successful in fulfilling its customers’ requirements and therefore it has started the online and mobile services as well considering the current market trends and intense competition. The customers who believe in saving and spending good lives are the real customers of Wal-mart. In 1960, the whole idea of retail stores was changes as the Wal-mart step in the world of retailers. By 1967 Wal-mart was able to own 24 stores with $12.7 million sale (history timeline, 2012). Later in 1980’s the first Wal-mart supermarket was opened with general mer chandise. In 1987 the company installed the largest satellite communication system in the United States of America. In 1990’s Wal-mart was marked as the most successful and the biggest retail store. By 2002, Wal-mart was among the 500 ranking of the America’s companies. In 2012, the company has celebrated its 50th anniversary with 2.2 million associates, 200 million customers and 10,000 stores in 27 countries. Mission Statement Wal-mart was made with the mission of