Leadership Case Study Essay
The leader chose in this case study is Mr. Samuel Moore Walton (March 29, 1918 – April 5, 1992). He was an American businessman and entrepreneur born in Kingfisher, Oklahoma in USA and the founder of American retailers Wal-Mart and Sam's Club.
Sam Walton began his retail career when he started work at a J.C. Penney store in Des Moines, Iowa in 1940. In 1945, he met Butler Brothers, a regional retailer that owned Ben Franklin chain stores and that offered him one in Newport, Arkansas. That store was running very successful by Walton and far exceeding expectations. Walton continued his retail business that he loved by overcoming many ups and downs. He opened the first Wal-Mart Discount City Store …show more content…
Learn from the competition [3d] - Walton regularly visited the competitor’s store. He tried to get the idea on how they did business when he began discounting. He told managers not to concern with what the competitors are doing wrong but what they’re doing right.
Do things your own way [3e]- Don’t follow the competitors blindly; Walton ignored the conventional sense and find the niche by going in the opposite directions – big retailers usually ignored those towns with small populations (under 50,000). That let Wal-Mart grow for years without competition from any giant national discounters, like Target and Kmart.
Be your own worst critic [3f] One of the reasons the company survived in its early days is that he and