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The Wal-Mart Decade: How a New Generation of Leaders Turned Sam Walton's Legacy into the World's #1 Company

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Title: The Wal-Mart Decade: How a New Generation of Leaders Turned Sam Walton's Legacy into the World's #1 Company
by Robert Slater
ISBN: 1-59184-006-6
Publisher: Portfolio
Pub. Date: 29 May, 2003
Format: Hardcover
Volumes: 1
List Price(USD): $25.95
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Average Customer Rating: 3 (8 reviews)

Customer Reviews

Rating: 2
Summary: disappointing -- did not have enough detail for me
Comment: I was disappointed with this book. It has a reasonable overview of the history and growth of Wal-mart in the pre and post Sam Walton years. Unfortunately it takes a very high-level view (most of the figures it quotes can be gotten from the company's own annual reports or from other magazine articles), focusses more on culture (and even that is given short-shrift -- there is not a single dissenting view) than on business strategy or operational details. Perhaps this has been because the company is secretive, and perhaps by nature David Glass and Lee Scott (the Wal-mart CEO's that I assume were interviewed for the book) are low-key men -- but you get none of the retail, logistics, or IT-savvy insights that Wal-mart is "allegedly" exploiting to become the hypergrowth engine it is. Perhaps retail is all that the company purports it to be (sell product at value prices -- every day :), but I wish the author had peeked behind the covers and found a better story to tell.

Rating: 1
Summary: A disappointment
Comment: This book is a public relations dream for Wal-Mart but a big disappointment for anyone who likes good, objective, analytical business reporting. It is obvious that the author became too enamored with his access to the current Wal-Mart management. There is no balance in the book; it only presents the Wal-Mart view. It doesn't really explain how Wal-Mart has grown since Sam Walton died. It only recites "facts" - there's a lot of the "what" but there isn't a real probe of the "how" or the "why." The topic of how Wal-Mart will continue to grow (or not) is fascinating - let's hope another author will tackle it.

Rating: 5
Summary: ~A Look After The Founders Deaf~
Comment: Part 2 chapters 2-4 talks about Sam Walton (the founder) and how he started his retail empire. It talks a lot about him and how he managed Wal-Mart and his employees. In Part 1 chapter 1 it talked about where Wal-Mart is today. In Part 3 chapters 5-6 it talks about how the company followed Sam Waltons strategy after his deaf. Part 4 chapters 7-10 it talks about Wal-Marts growth strategy and how it went into different countries and applying the Wal-Mart culture at each store. Part 5 chapters 11-13 talks about who defines Wal-Mart as in what other people think of the retailer and what the head leaders at Wal-Mart think and stuff like that. I don't know how else to say it. Part 6 chapter 14 talks about where the future will take Wal-Mart. Where Wal-Mart is headed. The best book to know about retailing. The best book on Wal-Mart ever since "Sam Walton Made In America" book. If you are interrested in Wal-Mart, retailing, or building a company or have a company of your own and need some advice on keeping a company strong this is a good book to read but I think the "Sam Walton Made In America" book is a better read. It talks more about building a company. This book pretty much talks about Wal-Mart after the founders deaf and how it kept up even a decade later. When Sam Walton passed away the company was worth 43 billion.
Part One*Wal-Mart Today
1 Celebrating in a Basketball Arena
Part Two*The Founder And His Legacy
2 The Man From Kingfisher
3 Give Me A Squiggly:Sam Walton's Culture
4 Avoid The Layers, Avoid The Frills
Part Three*A New Wal-Mart, A New Team
5 A New Management Team Follows Mr. Sam
6 A Strategy Of Growth
Part Four*Wal-Mart As A Growth Engine
7 The More Complex Wal-Mart Today
8 Applying The Culture A Store At A Time
9 Beyond The Seas:A New Outlet For Growth
10 Live Snakes And Turtle Races:Wal-Mart in China
Part Five*Who Defines Wal-Mart?
11 Mr. Logistics Takes Over
12 A Matter Of Reputation:Taking The Gloves Off
13 A Strategy For The Twenty-First Century: The New Openness
Part Six*Whither Wal-Mart?
14 Where The Future Will Take Wal-Mart
Acknowledgements
Notes
Index
Sixteen black and white photos are inside the book. Each photo has a description about it. Robert Slater the author who wrote the book is a very good writer. He even wrote the national bestseller Jack Welch and the GE Way. The book is a very good read and you learn a lot.

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