Strategic Planning for Walmart

Running head: STRATEGIC PLANNING
WALMART
Business Integration
and Strategic
Planning
5/18/2019

STRATEGIC PLANNING 1
Table of Contents
Introduction................................................................................................................................2
Overview of Walmart.............................................................................................................2
Vision and Mission................................................................................................................2
Role of Ethics, social responsibility, and environmental sustainability in strategy
implementation.......................................................................................................................2
Core and Non-core business...................................................................................................3
Global strategies.....................................................................................................................3
Strategies for diversified business..........................................................................................3
Review five sources of revenue.............................................................................................3
An internal component that impact strategy implementation................................................4
Action Plan.............................................................................................................................4
Suggestions............................................................................................................................5
Conclusion..................................................................................................................................5
References..................................................................................................................................6

STRATEGIC PLANNING 2
Introduction
The aim of this report is to discuss the present position of Walmart in the market and
suggesting growth strategies for future growth.in addition to this, the report has highlighted
the internal components that can impact the execution of strategic development for the
company. In order to overcome all the challenges, the report has provided a well-organized
action plan for the company.
Overview of Walmart
Walmart is the multinational retail corporation of America which is known in the
market for operating a chain of discount department stores, grocery stores, and hypermarkets
(Walmart Corporate, 2019).
Vision and Mission
The mission of Walmart is to save the money of customer such that can live better
lives.
The vision of the company is to be the only place for the consumers to save money
and shop in a way they want (Ferguson, 2019).
Role of Ethics, social responsibility, and environmental sustainability in strategy
implementation
Walmart desires to use its huge business size for offering good habits and services to
the customers. The company has adopted a shared value approach which works towards
reducing the issues of social, environmental, and ethics by minimizing their footprint or
mitigating risk. Company is involved in different initiatives related to reducing waste mainly
plastic, to make an inclusive and diverse workforce, and work to address climate change
(Walmart, 2019).