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Published bySabina Morton Modified over 6 years ago
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Presented By: Phillip Dyer, Courtney Gappmayer, Ryan Green, Jaimie King, and Morreen Klement
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Inside View Insert
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History 1962 – Walmart founded in Rogers, AR 1969 – Incorporated as Walmart Stores, Inc – Open to the public 1990 – Nation’s leading retailer 1991 – Company opened internationally in Mexico 1999 – World's largest private employer 2003 – World’s largest grocery chain
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Present-day Walmart On average, Walmart serves over 176 million
7000 facilities in 13 countries Net sales for 2011: $419 billion "The two most important words I ever wrote were on that very first sign, 'Satisfaction Guaranteed.' They're still up there and they have made all the difference." -- Sam Walton, Founder of Walmart
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Gender Discrimination
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Issue Defined 2/3 of Walmart employees are women.
Only 10% are store management. Betty Dukes took a class-action discrimination case all the way to the supreme court. For the lack of promotions and raises. Case Involved 1.6 million female employees. Case was disqualified.
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Alternatives Create a pay equity Consider more women for promotions
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Leadership and Power
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Issue Defined Thomas Coughlin Board of Directors member
Hunting and travel buddy of founder Sam Walton. Forced to resign Stole as much as $500,000. Asked a subordinate to approve an expense without receipts.
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Alternatives Create strict separation of powers
Run extensive background checks for executives
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Employee Treatment
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Issue Defined Lack of meal/rest breaks Tampering with overtime
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Alternatives Obey the law Create a policy for overtime
Create a system for projected overtime report
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Urban Sprawl
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Issue Defined Roads, parking, and traffic flow Decrease in green
One Walmart = 25 acres
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1990 vs. 2010
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2004 vs. 2008
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Alternatives Plan a distance to limit stores in city limit
Pay for better road system and replacement of green used
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Suppliers
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Issue Defined Cost burden on suppliers
Moving companies overseas Suppliers rely on Walmart for large orders Expanding their market share Taking over delivery to its distribution centers Lower own costs, raise everyone else’s
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Alternatives Lessen restrictions on suppliers
Stop switching suppliers once chosen
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Abandoned Walmarts
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Issue Defined Unnecessary Walmarts
Special secret Walmart planning team Stealing customers Abandoning when objective complete Keeping potential buyers at bay
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Alternatives Environment - Team seeks out buyers for the abandoned locations Goal of finding a buyer within 1 year of abandonment Philanthropy - Walmart donates and invests necessary materials into converting abandoned sites into Tornado Shelters
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Recalls
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Issue Defined Over 240 product recalls since 1984
Walmart’s willingness to sell deficient products Products can injure or harm customers
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Alternatives Increase quality control internally
Increase quality assurance from suppliers
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Unions
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Issue Defined No representation for employees
Walmart controls all employment negotiations
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Alternatives Introduce company-wide union for all employees
Enforce all existing unions and enable employees to elect their own unions
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Summary
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Recommendations Gender discrimination Leadership
Create a pay equity Leadership Create strict separation of powers Treatment of employees Urban Sprawl Plan a distance to limit stores in city limit
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Recommendations Suppliers Abandoned Walmarts Recalls Unions
Lessen restrictions on suppliers Abandoned Walmarts Team seeks out buyers for the abandoned locations Recalls Increase quality control internally Unions Introduce company-wide union for all employees
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Hey, WalMart? Do the Right Thing.
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