Business Development Report: Walmart and Sustainable Practices

This report examines Walmart's sustainability strategies, focusing on its emulation as a sustainable company, its approach to glocality, and its adoption of cradle-to-cradle design principles. It delves into the drivers of the 'Age of Responsibility' as defined by Wayne Visser, highlighting the importance of responsiveness and scalability in business operations. The report further analyzes the challenges faced by sustainable companies in introducing products and services, offering insights into Walmart's best practices. It explores the concept of glocality, providing examples of its application to products and services, and discusses the benefits of glocality for businesses. Additionally, the report differentiates between 'cradle to grave' and 'cradle to cradle' design, outlining a process for circularity in product and service development. It also touches upon the role of behavioral economics in nudging consumers towards sustainability. The assignment addresses the significance of responsiveness in contemporary business, the trade-offs between responsiveness and scalability, and provides a comprehensive analysis of Walmart's sustainability initiatives.