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Organizational Strategies and Business Model of Walmart

   

Added on  2022-11-29

14 Pages2834 Words118 Views
Business DevelopmentLeadership ManagementData Science and Big Data
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Running head: BUSINESS REPORT
BUSINESS REPORT
Name of the Student
Name of the University
Author Note
Organizational Strategies and Business Model of Walmart_1

BUSINESS REPORT1
Executive Summary:
The purpose of the report is to demonstrate the organizational strategies and business model
of Walmart. The paper reflected the vision and mission of the organization, which is mainly
based on three constituents, lower pricing, good quality and wider assortment. The
operational plan of Walmart is focussed on sustainability approach. The paper demonstrated
the strategy of including technological adaptation for competition with competitors such as
Target and Amazon. The paper presented little recommendation for stimulating and
maintaining the market leadership position. The recommendations includes, increasing
private label brands and striking balance between existing brands as well as expanding
market by both online and offline channel for competing with Amazon. The paper concluded
by summarizing main points of the report.
Organizational Strategies and Business Model of Walmart_2

BUSINESS REPORT2
Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Organizational strategies:.......................................................................................................3
Vision statement-...............................................................................................................4
Mission statement-.............................................................................................................4
Core values of Walmart:....................................................................................................5
Walmart core and current organizational strategies:..........................................................5
Outline of Business functional processes:..............................................................................8
Operations or supply chain management-..........................................................................8
Marketing plan-..................................................................................................................8
Product development plan-................................................................................................9
Innovation plan or strategies-.............................................................................................9
Growth strategy:...............................................................................................................10
Strategic implementation of change management:..........................................................10
Recommendations....................................................................................................................10
Conclusion................................................................................................................................10
Organizational Strategies and Business Model of Walmart_3

BUSINESS REPORT3
Introduction
The collaboration of company’s actions with the purpose of accomplishing long-term
objectives is known as organizational strategy. Structured initiatives and actions comprises of
strategic plan in organizations. For the purpose of executing the planned strategies in
organization, the initiatives and participation of the employees are very important. Business
model can be defined as foundation on which organizations constructs, delivers and
establishes values in the social, economic and cultural aspect. Procedure involved in forming
and modifying business model is also known as business model innovation. The business
model of an organization includes core functional areas like, objectives, offerings,
infrastructure, operational and marketing plan and strategies. Organizational strategies are
solely dependent on the planned procedures involved within the organisational business
model for the purpose of accomplishing desired vision and objectives. The purpose of the
report is to demonstrate organizational strategies with the implication of business model for
the organization, Walmart. The report will discuss about the operational strategies and plans
of Walmart with the association of marketing plan. In the paper, the data regarding the
product development strategies, innovation strategies, implementation plan and growth
strategies will be presented. The paper will present recommendations in alignment with the
improvement strategies for Walmart. The paper will be concluded by presenting a summary
regarding the existing strategies and model of Walmart along with the proposed
recommendations.
Discussion
Organizational strategies:
The founder of the organization, Walmart once depicted the secret regarding the
accomplishment of a successful retailing system, which is solely concentrated on the aspect
Organizational Strategies and Business Model of Walmart_4

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