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Management of Walmart: Behavioral Theories of Leadership and Organizational Culture Analysis

   

Added on  2023-06-11

14 Pages3376 Words107 Views
Business DevelopmentLeadership Management
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Running head: MANAGEMENT
Management
Name of the Student:
Name of the University:
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Management of Walmart: Behavioral Theories of Leadership and Organizational Culture Analysis_1

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Table of Contents
Introduction......................................................................................................................................2
Discussion........................................................................................................................................2
a)Background of Walmart............................................................................................................2
b)Behavioural theories of leadership...........................................................................................3
c) Analysis of Walmart’s culture using dimensions of organizational culture...........................6
d) Analysis of leader’s effectiveness and ineffectiveness and the organizational cultural
dimensions have improved and obstructed the goal attainment of Walmart...............................7
Conclusion.......................................................................................................................................9
References......................................................................................................................................10
Management of Walmart: Behavioral Theories of Leadership and Organizational Culture Analysis_2

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Introduction
This study focuses on management of Walmart. In accordance with the opinion of
Schermerhorn et al. (2014) management refers to the set of the principles associated with
functions of the planning as well as organizing the resources. In the opinion of Kerzner and
Kerzner (2017), effective management helps the companies like Walmart to attain its targeted
objectives there increasing the overall workflow of the respective organization. In this particular
studies, different behavioral theories are explained, that ca differentiate effective leader as well
as ineffective leader of Walmart. A short overview of Walmart has been provided in this
particular study. Apart from this, dimensions of organisational culture are highlighted in this
particular study. It has been observed that an assessment of Walmart’s culture has been
conducted here using the various dimensions of organizational culture. Apart from this, an
analysis has been conducted on leader’s effectiveness and ineffectiveness that has improved and
hindered the goal attainment of the respective company.
Discussion
a) Background of Walmart
Walmart Inc is a reputed multinational retailer of America. It functions a chain of
hypermarkets, grocery outlets along with discount department outlets. This organization
is a public organization. It was founded in 1962. The headquarter of Walmart Inc was
located in Bentonville, Arkansas. This organization is conducting its business through 11,
718 stores all across the globe. About 1.4 million skilled professionals work at this
organization in U.S as per the statistics of 2018. There are 2.3 million individuals who
work at this company according to the statistics of 2018 (Walmart.com 2018). It offers
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diverse range of products such as electronics, craft supplies, grocery products, health and
beauty items to its users and buyers. This company also offers pet supplies, jewelry,
footwear, toys, home and furniture etc to its users and buyers. About US$500.34 billion is
the total revenue, which is earned by this company in 2018. In the same year, its net
income is US$S 9.862 billion. About US$20.437 billion was the total operating income
of Walmart Inc as per the statistical information of 2018. Doug McMillon is the Chief
Executive Officer of this particular organization since February 2014 (Walmart.com.
(2018).
b) Behavioral theories of leadership
Trait theory of leadership
As per the theoretical concept, there are certain behavioral characteristics, that
segregates a leader from an ineffective leader. In other words, trait theory concentrates on
identifying various personality traits as well as characteristics, which are connected to the
successful leadership in diverse situations. This theory was developed by Thomas
Carlyle. This particular theory is used for forecasting the effectiveness of leader. Some
of the common leadership traits are initiative, tenacity, high levels of energy, flexibility.
There are other traits of leadership are creativity, charisma, self-confidence, honesty,
integrity, emotional intelligence and high levels of energy (Christopher 2016.).
According to the concept of this particular theory, leadership development comprises of
identifying as well as measuring qualities of leadership, screening the leaders from the
non-leaders and training the leaders with potentials (Jacobs, Chase and Lummus 2014).
In other words, training the leaders with potentials will make them a great leader (Heizer
2016). It is seen that successful leaders possess interests, capabilities along with
Management of Walmart: Behavioral Theories of Leadership and Organizational Culture Analysis_4

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