Transformational Leadership

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Walmart

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Contents
Introduction.................................................................................................................... 2
Company profile.............................................................................................................. 2
Strategic management and leadership.................................................................................... 2
Transformational leadership............................................................................................ 4
Transactional leadership................................................................................................. 4
Examples of latest strategic decisions.................................................................................... 7
Conclusion..................................................................................................................... 9
Reference................................................................................................................. 10

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Introduction
A strategic decision is a process for managing long term goals and visions. Strategic decision
making includes the aligning of short term objectives with long term goals. This report includes
the requirement of strategic decision making in Walmart. Top management is required to make
effective decisions and they are required to adopt the managerial leadership styles for influencing
the employees for achieving the goals and objectives of the organization. The analysis of
management and leadership styles will be discussed for making strategic decisions. In the
organization, strategic management and leadership are essential for strengthening the future.
Management includes the process of working with people and resources for accomplishing the
goals of the organization. Leadership includes the setting of a new vision for the group to follow.
In the process of strategic decision making is required to be followed by top management. The
analysis of leadership in Walmart will be discussed which are followed by the management for
achieving the goals and objectives.
Company profile
Walmart is an American multinational retail corporation that helps in operating the chain in
hypermarket, grocery stores, discount department stores. It was founded in 1962 by Sam Walton.
The mission statement of Walmart saves money for people for their better living. The vision is
for increasing the standard of living is providing the quality products at lower prices for
increasing the customer case and facilitating for the leader in the market. It operates the business
in more than 28 countries and includes more than 11,700 retail units (Walmart, 2018). Walmart
has become the largest U.S. retailer by revenue. The process of decision
Strategic management and leadership
In an organization, leadership is crucial in the top management to achieve the goals and
objectives. Leadership is required to be combined with the strategic management for the vision,
purpose, direction, and success of the organization. It helps in facilitating the outside-the-box for
thinking about the growth in the future. Strategic management requires effective leadership for
the strategies in the business (Hussain, et al., 2014).

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Strategic decision making is considered one of the most critical activities in the organization.
Top management is responsible for making strategic decisions. At the time of decision making,
top management pertains to adopt the managerial functions for selecting the right course of
action (Negulescu, 2014). The process which is included in strategic decision making includes
the setting of objective, identifying alternatives for achieving objectives, evaluation of
alternatives, choosing the best alternatives. Top management in Walmart is required to adopt the
strategic process to employ for developing the market and growing the customer base. The
objectives are set by the management for delivering the products to customers.
In an enterprise, the organization is required to engage in the retailing and wholesaling
operations (Jones and Hill, 2010). Walmart is engaged in various decisions like operation
planning and controlling decisions. In Walmart, the decision regarding the embarking on
efficiency and providing cost-effective products. The management can make the decisions nu
emphasizing on minimizing the cost of production and maximizing the efficiency by providing
the retail service employees. For the motivation, employees are required to learn the experiences
for providing the training and develop the skills with the help of techniques to achieve the goals
and objectives in an effective manner. It is important in leadership for inspiring the employees.
In Walmart, the leadership will are followed by the top management includes transformational
and transactional. Transformational Leadership is the leadership style for making the changes
effectively for people's life. Transactional leadership includes focussing on various transactions
that the leaders and managers make for subordinates. It includes the give and takes the
relationship for providing the reward or punishment at the workplace. It includes the aim of
reaching the goals. For the success of the company, Walmart considers both the leadership as
essential. In the case of transformational leadership, the management is required to make an
effective vision and in the case of transactional leadership, Walmart requires it for making the
day to day operations (Yuan, et al., 2011). For the strategic decision-making process, top
management makes the decisions for the active participation of the employees. In Walmart,
persuasive leadership and management style is followed by the top management. In the
organization, persuasive leadership style in which all the qualities in leader includes to convince
the people in an effective manner for achieving the goals. In Walmart, persuasion is important
for the leaders to take the employees on level for performing their best and to be more