Walmart 's History And Management

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Walmart’s History and Management
Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Wal-Mart controls over 11,500 stores in 28 countries around the world. It was founded in 1962 by Sam Walton. Walmart’s CEO is Doug McMillon and the Chairperson of Board of Directors is Greg Penner. Walmart as we know it today evolved from Sam Walton’s goals for great value and great customer service. He believed in leadership through service. (Farfan)
The top-level managers consist of employees holding executive positions. Top managers are responsible for developing and defining the organization’s purpose and strategies. The Chief Executive Officer of Walmart is Douglas Mcmillon. The Executive Vice President is Pam Kohn she is responsible for development and joint business planning.
Middle management are store managers and assistant managers. The managers at the middle level are responsible for implementing top manager’s strategy. The middle managers usually supervise the first-line managers. At Wal-Mart middle managers are responsible for customer service, supervising employees, applying company regulations, and taking care of several administrative tasks. (Kumar) Assistant managers are leaders who should characterize their company and themselves well by acting as a role model to the people below them. Walmart has several department managers. There are managers over the food department, electronics,
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