Presentation created by Bellevue University Student Nicole Kim Phillips using Book by Michael Bergdahl entitled What I Learned From Sam Walton: How To Compete and Thrive In A Walmart World. For Book Review
This document summarizes key issues facing sales and marketing based on a survey of over 2,600 companies. It finds that many companies lack a clearly defined consultative sales process or don't follow the process they have. As a result, salespeople struggle to balance their time effectively and often give up too easily on prospects. The document recommends developing a formal, step-by-step sales process tailored to the company's products and customers. It also stresses the importance of implementing the process, involving customers in its development, identifying best practices from top performers, and providing competency development and ongoing monitoring to ensure the process works as intended.
With personal stories, lessons and recommendations from a panel of industry leaders, this event provides perspectives, practical ideas and guidance for marketers at all stages of their career.
Whether you want to learn more about going freelance and setting up a consultancy, or to understand how to promote yourself and reach the top, ‘Lessons from leaders’ is filled with insights to help you plot your marketing career path and manage talent during one of the most dynamic times in modern economic history. http://goo.gl/7rWytg
Not Easy Choices: The Business of Making Structural ChoicesAlan McCafferty
The information, examples and data in this booklet has been acquired from several sources including more than 20 years of work experience with start-ups to fortune 500 companies, interviews with colleagues and business leaders.
How to Retire in Two Years with Network Marketing - This will help any Entrepreneur starting out in their first business or for seasoned professionals who need a good reminder! Thanks for reading! Please share this.
The document discusses the role of learning and development (L&D) professionals in sales enablement. It defines sales enablement as coordinating across functions like sales, marketing, and product development to provide resources and information to help the sales team generate revenue. For L&D professionals to truly support sales enablement, they must break down silos by facilitating collaboration across functions, and focus on improving sales performance rather than just training programs. By adopting this approach, organizations can increase sales productivity, speed time to productivity for new hires, and positively impact the customer experience.
This document provides an overview of Walmart's Saturday Morning Meetings and how they helped establish and maintain the company's culture. It discusses how founder Sam Walton would use these meetings to openly share store performance data with employees, solicit their feedback, and make immediate decisions. Though the meetings grew large, becoming less effective over time, they played a key role in fostering an environment of transparency, teamwork and rapid responsiveness. The document also examines some challenges Walmart now faces in upholding its culture as it has grown into a massive public corporation.
This document provides a guide to improving sales skills. It discusses the importance of investing in professional development even when busy. The guide outlines the main steps of the sales process from researching products and prospects to qualifying leads and conducting sales calls. It emphasizes understanding prospects' needs and pain points to effectively position products as solutions.
The document discusses six common motivators for salespeople: money, opportunity, teamwork, independence, visibility, and excellence. It provides examples of ways sales leaders can impact each motivator, such as relating sales results to money, showing how success leads to opportunity, building team incentives, delegating independent projects, publicizing successes, and setting development goals to build confidence. The overall message is that identifying and managing these motivational factors is crucial for maximizing a sales team's potential.
This document summarizes key issues facing sales and marketing based on a survey of over 2,600 companies. It finds that many companies lack a clearly defined consultative sales process or don't follow the process they have. As a result, salespeople struggle to balance their time effectively and often give up too easily on prospects. The document recommends developing a formal, step-by-step sales process tailored to the company's products and customers. It also stresses the importance of implementing the process, involving customers in its development, identifying best practices from top performers, and providing competency development and ongoing monitoring to ensure the process works as intended.
With personal stories, lessons and recommendations from a panel of industry leaders, this event provides perspectives, practical ideas and guidance for marketers at all stages of their career.
Whether you want to learn more about going freelance and setting up a consultancy, or to understand how to promote yourself and reach the top, ‘Lessons from leaders’ is filled with insights to help you plot your marketing career path and manage talent during one of the most dynamic times in modern economic history. http://goo.gl/7rWytg
Not Easy Choices: The Business of Making Structural ChoicesAlan McCafferty
The information, examples and data in this booklet has been acquired from several sources including more than 20 years of work experience with start-ups to fortune 500 companies, interviews with colleagues and business leaders.
How to Retire in Two Years with Network Marketing - This will help any Entrepreneur starting out in their first business or for seasoned professionals who need a good reminder! Thanks for reading! Please share this.
The document discusses the role of learning and development (L&D) professionals in sales enablement. It defines sales enablement as coordinating across functions like sales, marketing, and product development to provide resources and information to help the sales team generate revenue. For L&D professionals to truly support sales enablement, they must break down silos by facilitating collaboration across functions, and focus on improving sales performance rather than just training programs. By adopting this approach, organizations can increase sales productivity, speed time to productivity for new hires, and positively impact the customer experience.
This document provides an overview of Walmart's Saturday Morning Meetings and how they helped establish and maintain the company's culture. It discusses how founder Sam Walton would use these meetings to openly share store performance data with employees, solicit their feedback, and make immediate decisions. Though the meetings grew large, becoming less effective over time, they played a key role in fostering an environment of transparency, teamwork and rapid responsiveness. The document also examines some challenges Walmart now faces in upholding its culture as it has grown into a massive public corporation.
This document provides a guide to improving sales skills. It discusses the importance of investing in professional development even when busy. The guide outlines the main steps of the sales process from researching products and prospects to qualifying leads and conducting sales calls. It emphasizes understanding prospects' needs and pain points to effectively position products as solutions.
The document discusses six common motivators for salespeople: money, opportunity, teamwork, independence, visibility, and excellence. It provides examples of ways sales leaders can impact each motivator, such as relating sales results to money, showing how success leads to opportunity, building team incentives, delegating independent projects, publicizing successes, and setting development goals to build confidence. The overall message is that identifying and managing these motivational factors is crucial for maximizing a sales team's potential.
DO YOU HAVE A FEAR OF ASKING QUESTIONS DURING SALES?jerianasmith
I spend about 80% of my time working with sales professionals to perfect their ability to structure the questions that need to be asked. They all understand the importance of asking questions but need some assistance in creating their own tailored versions. Salesmen often enjoy the exercise of deciphering which questions uncover the compelling reasons the prospect should do business with them. We all need to ask clients questions concerning budget, the decision-making process, and what the next steps should be. Even rapport and relationship building are best built by asking questions. People like to talk about themselves; if you keep the questions coming, you are more likely to make a positive impact on your prospects.
This document provides 12 tips to help B2B sales teams prepare for success:
1) Focus on getting to know prospects as individuals to build relationships;
2) Listen to prospects to understand their problems and needs in order to add value;
3) Explain how your product or service will help prospects do their jobs better and achieve their goals;
4) Clearly tie your product or service benefits to specific business goals of prospects.
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Launching a Startup is an empowering and uplifting experience. But it can also be a daunting task to juggle so many tasks and solve innumerable challenges daily.
Are you ready for it? Do you know that to do?
Use the 5-level roadmap (Startup Maturity Model) to know where you are, and to plan your next steps towards the launch of your high-performing startup.
Managing The Barriers To Startup Scalability.pptxTigon Advisory
All over the world, entrepreneurs are dreaming up the next million- or billion-dollar idea. Unfortunately, Failory research suggests that “about 90% of startups fail with about 22% failing in the very first year.” For many firms, it’s their inability to scale up that prevents them from reaching their full potential. Disconnects or barriers to scale in early enterprises inhibit growth and lead to missed profit opportunities. In this presentation, the authors identify five major business disconnects that block scalability.
Top 12 tips for driving consistent sales growthIBG-World
Simon has over 25 years’ proven international management, sales, business development and strategy experience with particular emphasis on new business start up, growth and acquisition
Sell Like a Pro - 7 essential skills used by smart sales peopleJUDE ODUM
The document discusses 7 essential skills for salespeople: 1) Prospecting to build a pipeline of potential clients, 2) Asking high-value questions to learn about prospects' needs, 3) Active listening by fully focusing on the prospect and recapping key points, 4) Effective presentation skills through organized visuals and polished delivery, 5) Handling objections by acknowledging, probing, answering, and closing, 6) Persistence through desire, belief, and action, and 7) Planning for success by strategizing next steps. The training organization i-Skill offers programs to help sales teams transform into champions through mastering these skills.
An exceptional profile system contact Andrew Hoffman President of My Franchise Partners the designer of this profile.
Andrew Hoffman
Dir Line 647-991-2282
andrew@myfranchisepartners.com
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Leadership support is critical to the success of a training program, but many HR and L&D departments are challenged in building that bridge and actually gaining the support that is necessary. In this session, Katie Miller from BizLibrary will look at why leadership buy-in is critical and introduce a 10-step program to make it happen.
Free agency defines our time. Through outsourcing and cross-functional work teams, we work in a new world where we are all becoming independent consultants. Our ability to navigate and leverage opportunities will determine financial security and professional success.
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When you come to a crossroads in life or business and have to make a decision, how do you STOP, take inventory, and determine how to best solve the challenge facing you?
Alan See is an experienced CMO and founder of CMO Temps, LLC. He has obtained BBA and MBA degrees from Abilene Christian University. As CMO, he takes pride in developing strategies that he is passionate about and believes in. Mr. See has received recognition from Forbes, the American Marketing Association, and Marquis Who's Who for his expertise in marketing, content marketing, social media marketing, and as a lifetime achievement award recipient. He began his career in sales and understands the sales process, which helps him develop effective marketing strategies. Mr. See founded CMO Temps to provide CMO expertise to organizations not ready for a full-time hire. He believes in agility and leveraging freel
The document discusses creating predictable business growth through three key areas: leadership, strategic planning, and sales optimization. It provides advice on building trust within executive teams, conducting strategic planning, and implementing sales best practices. The key takeaways are that success requires the right people in leadership, a clear strategic plan, and executing that plan through an integrated sales and marketing engine.
This document provides information about the individual's skills, personality traits, and fit for different types of business cultures and roles. It summarizes that the individual is a Societal personality type who is motivated to make an impact and help others grow. They would fit best in a "Compete" business culture that values competitiveness, productivity, and partnerships. The individual's work style and strengths are best suited to a role as a Promoter that involves interacting with and motivating people.
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AA-ISP Ireland ran a workshop with social selling experts from SAP, Oracle, Indeed.com, and LinkedIn.
The following is a summary of the key points made by both the social selling experts and the workshop audience.
This document discusses closing business in the fourth quarter and selling techniques. It is from a company called MIMS Morning Meeting LLC that provides business development and sales skills training. The document contains tips, quotes and surveys related to closing more deals in the fourth quarter through prospecting, communication skills, creating value for clients, and understanding customer needs and motivations. It emphasizes the importance of asking for business in order to generate sales.
Every year since 1982, the Inc. 5000 has recognized the fastest-growing private companies in the U.S.
We asked leaders from enterprise software and services companies in the Inc. 5000 to give up the goods and share the most important lessons they’ve learned over the years of their rapid growth.
This is the result of their respected input: lightning in a bottle.
THANKS TO OUR CONTRIBUTORS: Bizo, Beyond.com, HireVue, HubSpot, Madison Logic, Moz, The Nerdery, ReTargeter, and TriNet.
The document discusses the changing role of sales professionals in the printing industry due to technological advances that have leveled the playing field for buyers. It analyzes research showing that the most successful salespeople challenge clients' status quo, teach to enable new solutions, and tailor offerings based on clients' values. The author argues that sales professionals must adopt a more consultative approach through thoughtful questioning and dialogue to diagnose problems, identify opportunities, and coordinate resources to address clients' strategic goals.
What Role Do Your Sales Professionals PlayPeak Focus
The document discusses the changing role of sales professionals in the printing industry due to technological advances that have leveled the playing field for buyers. It analyzes research showing that the most successful salespeople challenge clients' status quo, teach to enable new solutions, and tailor offerings based on clients' values. The author argues that sales professionals must adopt a more consultative approach through thoughtful questioning and dialogue to diagnose problems, identify opportunities, and coordinate resources to address clients' strategic goals.
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DO YOU HAVE A FEAR OF ASKING QUESTIONS DURING SALES?jerianasmith
I spend about 80% of my time working with sales professionals to perfect their ability to structure the questions that need to be asked. They all understand the importance of asking questions but need some assistance in creating their own tailored versions. Salesmen often enjoy the exercise of deciphering which questions uncover the compelling reasons the prospect should do business with them. We all need to ask clients questions concerning budget, the decision-making process, and what the next steps should be. Even rapport and relationship building are best built by asking questions. People like to talk about themselves; if you keep the questions coming, you are more likely to make a positive impact on your prospects.
This document provides 12 tips to help B2B sales teams prepare for success:
1) Focus on getting to know prospects as individuals to build relationships;
2) Listen to prospects to understand their problems and needs in order to add value;
3) Explain how your product or service will help prospects do their jobs better and achieve their goals;
4) Clearly tie your product or service benefits to specific business goals of prospects.
SIX QUESTIONS TO ASK YOURSELF BEFORE LAUNCHING YOUR STARTUP.Ajay Batra
Launching a Startup is an empowering and uplifting experience. But it can also be a daunting task to juggle so many tasks and solve innumerable challenges daily.
Are you ready for it? Do you know that to do?
Use the 5-level roadmap (Startup Maturity Model) to know where you are, and to plan your next steps towards the launch of your high-performing startup.
Managing The Barriers To Startup Scalability.pptxTigon Advisory
All over the world, entrepreneurs are dreaming up the next million- or billion-dollar idea. Unfortunately, Failory research suggests that “about 90% of startups fail with about 22% failing in the very first year.” For many firms, it’s their inability to scale up that prevents them from reaching their full potential. Disconnects or barriers to scale in early enterprises inhibit growth and lead to missed profit opportunities. In this presentation, the authors identify five major business disconnects that block scalability.
Top 12 tips for driving consistent sales growthIBG-World
Simon has over 25 years’ proven international management, sales, business development and strategy experience with particular emphasis on new business start up, growth and acquisition
Sell Like a Pro - 7 essential skills used by smart sales peopleJUDE ODUM
The document discusses 7 essential skills for salespeople: 1) Prospecting to build a pipeline of potential clients, 2) Asking high-value questions to learn about prospects' needs, 3) Active listening by fully focusing on the prospect and recapping key points, 4) Effective presentation skills through organized visuals and polished delivery, 5) Handling objections by acknowledging, probing, answering, and closing, 6) Persistence through desire, belief, and action, and 7) Planning for success by strategizing next steps. The training organization i-Skill offers programs to help sales teams transform into champions through mastering these skills.
An exceptional profile system contact Andrew Hoffman President of My Franchise Partners the designer of this profile.
Andrew Hoffman
Dir Line 647-991-2282
andrew@myfranchisepartners.com
How to Gain Leadership Buy-In for Your Training ProgramBizLibrary
Leadership support is critical to the success of a training program, but many HR and L&D departments are challenged in building that bridge and actually gaining the support that is necessary. In this session, Katie Miller from BizLibrary will look at why leadership buy-in is critical and introduce a 10-step program to make it happen.
Free agency defines our time. Through outsourcing and cross-functional work teams, we work in a new world where we are all becoming independent consultants. Our ability to navigate and leverage opportunities will determine financial security and professional success.
Creative Problem Solving White Paper - The STOP Model DINA SIMON, CPC
When you come to a crossroads in life or business and have to make a decision, how do you STOP, take inventory, and determine how to best solve the challenge facing you?
Alan See is an experienced CMO and founder of CMO Temps, LLC. He has obtained BBA and MBA degrees from Abilene Christian University. As CMO, he takes pride in developing strategies that he is passionate about and believes in. Mr. See has received recognition from Forbes, the American Marketing Association, and Marquis Who's Who for his expertise in marketing, content marketing, social media marketing, and as a lifetime achievement award recipient. He began his career in sales and understands the sales process, which helps him develop effective marketing strategies. Mr. See founded CMO Temps to provide CMO expertise to organizations not ready for a full-time hire. He believes in agility and leveraging freel
The document discusses creating predictable business growth through three key areas: leadership, strategic planning, and sales optimization. It provides advice on building trust within executive teams, conducting strategic planning, and implementing sales best practices. The key takeaways are that success requires the right people in leadership, a clear strategic plan, and executing that plan through an integrated sales and marketing engine.
This document provides information about the individual's skills, personality traits, and fit for different types of business cultures and roles. It summarizes that the individual is a Societal personality type who is motivated to make an impact and help others grow. They would fit best in a "Compete" business culture that values competitiveness, productivity, and partnerships. The individual's work style and strengths are best suited to a role as a Promoter that involves interacting with and motivating people.
AA-ISP Ireland Chapter - Social selling workshop Key OutputsDavid Malone
AA-ISP Ireland ran a workshop with social selling experts from SAP, Oracle, Indeed.com, and LinkedIn.
The following is a summary of the key points made by both the social selling experts and the workshop audience.
This document discusses closing business in the fourth quarter and selling techniques. It is from a company called MIMS Morning Meeting LLC that provides business development and sales skills training. The document contains tips, quotes and surveys related to closing more deals in the fourth quarter through prospecting, communication skills, creating value for clients, and understanding customer needs and motivations. It emphasizes the importance of asking for business in order to generate sales.
Every year since 1982, the Inc. 5000 has recognized the fastest-growing private companies in the U.S.
We asked leaders from enterprise software and services companies in the Inc. 5000 to give up the goods and share the most important lessons they’ve learned over the years of their rapid growth.
This is the result of their respected input: lightning in a bottle.
THANKS TO OUR CONTRIBUTORS: Bizo, Beyond.com, HireVue, HubSpot, Madison Logic, Moz, The Nerdery, ReTargeter, and TriNet.
The document discusses the changing role of sales professionals in the printing industry due to technological advances that have leveled the playing field for buyers. It analyzes research showing that the most successful salespeople challenge clients' status quo, teach to enable new solutions, and tailor offerings based on clients' values. The author argues that sales professionals must adopt a more consultative approach through thoughtful questioning and dialogue to diagnose problems, identify opportunities, and coordinate resources to address clients' strategic goals.
What Role Do Your Sales Professionals PlayPeak Focus
The document discusses the changing role of sales professionals in the printing industry due to technological advances that have leveled the playing field for buyers. It analyzes research showing that the most successful salespeople challenge clients' status quo, teach to enable new solutions, and tailor offerings based on clients' values. The author argues that sales professionals must adopt a more consultative approach through thoughtful questioning and dialogue to diagnose problems, identify opportunities, and coordinate resources to address clients' strategic goals.
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Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Niswey
50 million companies worldwide leverage WhatsApp as a key marketing channel. You may have considered adding it to your marketing mix, or probably already driving impressive conversions with WhatsApp.
But wait. What happens when you fully integrate your WhatsApp campaigns with HubSpot?
That's exactly what we explored in this session.
We take a look at everything that you need to know in order to deploy effective WhatsApp marketing strategies, and integrate it with your buyer journey in HubSpot. From technical requirements to innovative campaign strategies, to advanced campaign reporting - we discuss all that and more, to leverage WhatsApp for maximum impact. Check out more details about the event here https://events.hubspot.com/events/details/hubspot-new-delhi-presents-unlocking-whatsapp-marketing-with-hubspot-integrating-messaging-into-your-marketing-strategy/
The Steadfast and Reliable Bull: Taurus Zodiac Signmy Pandit
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Unlock your kitchen's true potential with expert remodeling services from O'Brien Group Inc. Transform your space into a functional, modern, and luxurious haven with their experienced professionals. From layout reconfiguration to high-end upgrades, they deliver stunning results tailored to your style and needs. Visit obriengroupinc.com to elevate your kitchen's beauty and functionality today.
Tired of chasing down expiring contracts and drowning in paperwork? Mastering contract management can significantly enhance your business efficiency and productivity. This guide unveils expert secrets to streamline your contract management process. Learn how to save time, minimize risk, and achieve effortless contract management.
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Prescriptive analytics BA4206 Anna University PPTFreelance
Business analysis - Prescriptive analytics Introduction to Prescriptive analytics
Prescriptive Modeling
Non Linear Optimization
Demonstrating Business Performance Improvement
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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
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.
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"
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.
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.