The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company

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Thomas Nelson Inc, Apr 19, 2005 - Business & Economics - 240 pages
9 Reviews

Since Sam Walton's death in 1992, Wal-Mart has gone from being the largest retailer in the world to holding the top spot on the Fortune 500 list as the largest company in the world. Don Soderquist, who was senior vice chairman during that time, played a crucial role in that success. Sam Walton said, "I tried for almost twenty years to hire Don Soderquist . . . But when we really needed him later on, he finally joined up and made a great chief operating officer." Responsible for overseeing many of Wal-Mart's key support divisions, including real estate, human resources, information systems, logistics, legal, corporate affairs, and loss prevention, Soderquist stayed true to his Christian values as well as Wal-Mart's distinct management style. "Probably no other Wal-Mart executive since the legendary Sam Walton has come to embody the principles of the company's culture-or to represent them within the industry-as has Don Soderquist," Discount Store News once reported.

In The Wal-Mart Way, Soderquist shares his story of helping lead a global company from being a $43 billion company to one that would eventually exceed $200 billion. Several books have been written about Wal-Mart's success, but none by the ones who were the actual players. It was more than "Everyday Low Prices" and distribution that catapulted the company to the top. The core values based on Judeo-Christian principles-and maintained by leaders such as Soderquist-are the real reason for Wal-Mart's success.

  

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Review: The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company

User Review  - Erwin - Goodreads

Best business book ever? No. Worth reading, Yes. Nothing groundbreaking here, but Soderquist does a nice job simplifying the principles of good management down into a short list. This is actually an ... Read full review

Review: The Wal-Mart Way

User Review  - Name Wendy - Goodreads

Really enjoyed this. I admire the man and was inspired by walmart's management principles . Cleanly stated but engaging . Read full review

Contents

I
1
II
11
III
25
IV
48
V
81
VI
103
VII
116
VIII
137
X
165
XI
177
XII
185
XIII
200
XIV
209
XV
211
XVI
212
XVII
213

IX
151

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About the author (2005)

Don Soderquist joined Wal-Mart Stores, Inc., in 1980 where he served as executive vice president, vice chairman and chief operating officer, and finally senior vice chairman. Don received his B.A. degree in Business Administration from Wheaton College in Illinois. In 1996 Don was inducted into the Retailing Hall of Fame, and in 1998, John Brown University created the Soderquist Center for Business Leadership and Ethics in his honor.

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