Wal-Mart's Strategic Initiative

Wal-Marts Strategic Initiative
Stephanie Williams
MGT521
February 22, 2012
Dr. Michael Lindquist

Wal-Marts Strategic Initiatives
The recent economical downturn in the U.S. has resulted in drastic behavioral changes in consumers. Consumers are spending and investing more conservatively. Wal-Marts victor and survival depends on how they react to the recent changes in consumers obtain habits. So far, Wal-Marts scheme has proven successful in the midst of the recession, maintaining the title of the leading retailer world-wide.
Adaptation Strategy
Wal-Mart has recognise the shift in the spending habits of our consumers. They micturate realized that many consumers no longer purchase the products they want, but strictly the products they need. Wal-Marts strategy is to provide the products in high demand at the lowest possible cost. The company adhered to their strategy by implementing manoeuvre such as, increasing the inventory in areas of necessity, such as food, health, and beauty, and decreasing the inventory on items such as habiliments and home décor. Food consumption is not an picking; it is essential. To capitalize off their consumer studies, Wal-Mart set aside 45% of its butt in infinite exclusively for groceries and consumables.



Its competitor, Target, only allots 20% of its store space to groceries, while leaving 40% to home and apparel. The success of their strategy is evident. Targets same-store sales have fallen for eight straight months; Wal-Marts have risen for 22 straight months (Gregory, 2009).
Human Resource Contribution
Wal-Mart has in any case decided to align their HR strategies with their existing business strategies. They swear the only way to success unspoilty implement their strategy is to realize all employees are committed to its success. With over 2.2 million employees, it give the bounce be challenging. Wal-Mart tasks their employees with driving down overhead costs wherever possible, including energy usage and overtime. This contributes to their strategy...If you want to get a full essay, order it on our website: Orderessay



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