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Finding A Way To
Success
Team Lead Nicole Kim Phillips
Agenda
Introduction of Presenter
S.W.O.T Framework and Lesson
S.B.I Framework Example
Building Relationships
Feedback
Summary
Finding A Way To Success 2
Introduction
I'm Nicole Kim Phillips and I work as an Overnight Team Lead in the
Retail/Grocery Market.
Within my 1st 3 months of service, I understand role expectations and I am
actively managing my team using my strengths which are communication,
decision making and problem solving while implementing a Democratic
Leadership Style since I like to keep my team informed and empowered
Finding A Way To Success 3
S.W.O.T
Strengths, Weaknesses,
Opportunities, Threats
S is for Strength
Finding A Way To Success 5
Sam Walton helped to instill Servant Leadership Skills in his
Executive and Management Team by encouraging the use of
MBWA (Management By Walking Around)
This strategy not only helped to ensure Managers were available
to the teams they were leading, it helped Sam Walton and the
rest of the Executive and Management Team stay a step ahead
of the competition.
Through Touring Walmart and Competitor locations, Walmart has
been able to successful strategize and win in the Retail/Grocery
Market
W is for Weakness
• Doing nothing to differentiate your business, products, or
services is something that will hinder Walmarts
Competitors
• Not finding a niche or using specialty products not carried
by Walmart to gain market share and competitive
advantage
• Not meeting with your team regularly to create an
environment where questions, ideas, and
accomplishments can be shared and celebrated
Finding A Way To Success
6
O is for Opportunity
• Retailers and Business Owners can use the book entitled
What I Learned From Sam Walton: How To Compete and
Thrive In A Walmart World by Michael Bergdahl as a
resource to identify strategies that have helped Sam
Walton and his Executive and Management Teams
experience growth and success since Walmarts 1st store
opened in Bentonville, Arkansas in 1962.
Finding A Way To Success
7
T is for Threat
• Not recruiting and training the right talent
• Not embracing the concept of innovation and an
everchanging retail market
Bergdahl's Self Assessment ask those who take the survey
to agree or disagree with if they will hire a more educated
and qualified applicant who has more potential and seems to
believe in the idea of considering experienced and
inexperienced candidates to be suitable for any job role
Finding A Way To Success
8
Sam Walton always insisted that his
goal for Walmart was never to be
the giggest retailer in the world; it
was simply to be the best
PRESENTATION TITLE 9
Meet our team
Sam Walton
American Businessman Samuel Moore Walton was
an American businessman and entrepreneur best
known for founding the retailers Walmart and Sam's
Club.
Nicole Kim Phillips
Overnight Team Lead,
Consultant, Founder of
Abornewords, and Creator
of The Seek, Find, Share
Audiovisual Podcast
(available on Facebook)
Michael Bergdahl
Author of: What I Learned
From Sam Walton: How To
Compete and Thrive in a
Walmart World. Built his
business expertise by
working at 3 Fortune 500
Companies
(Frito Lay, Walmart,
American Eagle Outfitters)
Finding A Way To Success
10
Areas of focus
Price
Operations
Culture
Key Item Promotion/Product
Expenses
Talent
Service
Resources
Business Strategies and Tactics
Self-Assessment
Appendix:
Competitive Business Strategy and
Tactics Questionaire
PRESENTATION TITLE 11
Building Relationships
The importance of operating a business where internal and external
customer service are practiced is vital to encouraging the practice of
behaviors which make synergy or group collaboration and
contributions more important than individual ones. The Saturday
Morning Meetings help by Sam Walton at the Home Office in
Bentonville, Arkansas were important because they encouraged
communication.
Finding a Way To Success 12
Building Relationships
The meetings also provided a platform for Executives and Managers to not
only find their individual voices but to be heard by other members of the
team, as ideas, solutions and updates were shared. Learning from peers as
questions and ideas were bouncing off the walls of the room was bound to
happen and make for well prepared Executives and Managers who could
model the behaviors just like Sam Walton did to ensure everyone was on the
same page. In an environment like this, building relationships is inevitable.
Finding A Way To Success 13
Commentary
Michael Bergdahl effectively used his experience at Walmart and other Fortune 500
Companies to create a treasure of business jewels which can help to motivate
understanding of the business practices that can promote success and the need to
take care of customers and the teams who serve them in the business space. There
are multiple concepts and strengths shared using the P.O.C.K.E.T.S acronym which
can help those serving in leadership communicate important business concepts
which help with achieveing organizational goals. I would highly recommend this book
as a must read for Managers and employees.
Finding A Way To Success 14
Thank you
Nicole Kim Phillips
www.facebook.com/NicoleKimPhillips
https://premium.chat/NicoleKimPhillips

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Finding A Way To Success.pptx

  • 1. Finding A Way To Success Team Lead Nicole Kim Phillips
  • 2. Agenda Introduction of Presenter S.W.O.T Framework and Lesson S.B.I Framework Example Building Relationships Feedback Summary Finding A Way To Success 2
  • 3. Introduction I'm Nicole Kim Phillips and I work as an Overnight Team Lead in the Retail/Grocery Market. Within my 1st 3 months of service, I understand role expectations and I am actively managing my team using my strengths which are communication, decision making and problem solving while implementing a Democratic Leadership Style since I like to keep my team informed and empowered Finding A Way To Success 3
  • 5. S is for Strength Finding A Way To Success 5 Sam Walton helped to instill Servant Leadership Skills in his Executive and Management Team by encouraging the use of MBWA (Management By Walking Around) This strategy not only helped to ensure Managers were available to the teams they were leading, it helped Sam Walton and the rest of the Executive and Management Team stay a step ahead of the competition. Through Touring Walmart and Competitor locations, Walmart has been able to successful strategize and win in the Retail/Grocery Market
  • 6. W is for Weakness • Doing nothing to differentiate your business, products, or services is something that will hinder Walmarts Competitors • Not finding a niche or using specialty products not carried by Walmart to gain market share and competitive advantage • Not meeting with your team regularly to create an environment where questions, ideas, and accomplishments can be shared and celebrated Finding A Way To Success 6
  • 7. O is for Opportunity • Retailers and Business Owners can use the book entitled What I Learned From Sam Walton: How To Compete and Thrive In A Walmart World by Michael Bergdahl as a resource to identify strategies that have helped Sam Walton and his Executive and Management Teams experience growth and success since Walmarts 1st store opened in Bentonville, Arkansas in 1962. Finding A Way To Success 7
  • 8. T is for Threat • Not recruiting and training the right talent • Not embracing the concept of innovation and an everchanging retail market Bergdahl's Self Assessment ask those who take the survey to agree or disagree with if they will hire a more educated and qualified applicant who has more potential and seems to believe in the idea of considering experienced and inexperienced candidates to be suitable for any job role Finding A Way To Success 8
  • 9. Sam Walton always insisted that his goal for Walmart was never to be the giggest retailer in the world; it was simply to be the best PRESENTATION TITLE 9
  • 10. Meet our team Sam Walton American Businessman Samuel Moore Walton was an American businessman and entrepreneur best known for founding the retailers Walmart and Sam's Club. Nicole Kim Phillips Overnight Team Lead, Consultant, Founder of Abornewords, and Creator of The Seek, Find, Share Audiovisual Podcast (available on Facebook) Michael Bergdahl Author of: What I Learned From Sam Walton: How To Compete and Thrive in a Walmart World. Built his business expertise by working at 3 Fortune 500 Companies (Frito Lay, Walmart, American Eagle Outfitters) Finding A Way To Success 10
  • 11. Areas of focus Price Operations Culture Key Item Promotion/Product Expenses Talent Service Resources Business Strategies and Tactics Self-Assessment Appendix: Competitive Business Strategy and Tactics Questionaire PRESENTATION TITLE 11
  • 12. Building Relationships The importance of operating a business where internal and external customer service are practiced is vital to encouraging the practice of behaviors which make synergy or group collaboration and contributions more important than individual ones. The Saturday Morning Meetings help by Sam Walton at the Home Office in Bentonville, Arkansas were important because they encouraged communication. Finding a Way To Success 12
  • 13. Building Relationships The meetings also provided a platform for Executives and Managers to not only find their individual voices but to be heard by other members of the team, as ideas, solutions and updates were shared. Learning from peers as questions and ideas were bouncing off the walls of the room was bound to happen and make for well prepared Executives and Managers who could model the behaviors just like Sam Walton did to ensure everyone was on the same page. In an environment like this, building relationships is inevitable. Finding A Way To Success 13
  • 14. Commentary Michael Bergdahl effectively used his experience at Walmart and other Fortune 500 Companies to create a treasure of business jewels which can help to motivate understanding of the business practices that can promote success and the need to take care of customers and the teams who serve them in the business space. There are multiple concepts and strengths shared using the P.O.C.K.E.T.S acronym which can help those serving in leadership communicate important business concepts which help with achieveing organizational goals. I would highly recommend this book as a must read for Managers and employees. Finding A Way To Success 14
  • 15. Thank you Nicole Kim Phillips www.facebook.com/NicoleKimPhillips https://premium.chat/NicoleKimPhillips

Editor's Notes

  1. Situations may arise in Life that inspire us to take our interest to another level just like Sam Walton did in creating the 1st Walmart Store in 1962, in Benton County.  Author Michael Bergdahl believes the right strategy can hgelp other retailers and businesses compete with Walmart more effectively.  He uses The P.O.C.K.E.T.S Acronym to share ideas and concepts for business owners and professionals to use as a blueprint for competing and thriving in Business Your motivation for starting a business may become a part of your business story.  Therefore, how you communicate the purpose of your business And what differientiates what you offer to your clients/customers will likely be what determines the extent of their loyalty Once approach is to communicate your business/personal strengths  ***S.W.O.T is a Framework often used by businesses and professionals to identify and hightlight strengths, weaknesses, opportunities, and threats to a  Business, personal developments or products The Lesson:  Servant Leadership is taking care of your team and being there for them when they need you. It opens the floor for a larger conversation on Synergy and what group collaboration can offer.
  2. In the book, Michael Bergdahl shares what the Satruday Morning Meeting held in Bentonville, Arkansas were like and highlights the importance of why convening in this manner creates enthusiam for a companies goals and mission, and encourages collaboration, offering an opportunity to become More informed because questions are asked, answered.   Bergdahl credited Sam Walton with moddeling the appropriate behavior and also training his leadership team to have empathy  for competitors who were feeling the pinch of Walmarts global rise in the midst of competing. The Lesson:  "Keep it classy even when you are winning"
  3. Using pricing and operational techniques and implementing culture norms or focusing on promotions of key items while controlling expenses, recruiting the right talent and also training with service as a priority is obviously what Bergdahl wants to be some important take aways.  Bergdahl Is creating points of focus to inform and help readers business owners implement strategies that will allow for more competitive advantage in  Retail and Grocery Markets no matter what company has the biggest market share.
  4. In Bergdahl book, Walmart's Hiring Team seem to rely heavily on the results ov preemployment test and drug testing to choose the right candidates. Though education is not always a factor in the hiring process, the expectation that Walmart has of its Managerial Team is certainly a tell, show, do  and evaluate to encourage the high performance that employees have come to known for on the daily.