Sam Walton founded Walmart with a vision to serve people by saving them money and improving their quality of life. His dream was empowered by a desire to serve customers well, build a winning team through hard work, and positively impact people's lives. Walmart grew enormously under his leadership to become the world's largest retailer, operating over 4,900 stores and employing over 1.5 million people globally. Sam Walton exemplified transformational leadership through idealized influence, inspirational motivation, intellectual stimulation, and individualized consideration of his employees. He is remembered for his outstanding values of respect, commitment to challenges, importance of associates, and good communication.

1. Sam Walton
The founder of Wal –MART company
“save money live better”
8/22/2015 Business Leader 1

2. Briefly about Sam Walton’s dream
“His dream was to have his own store”
“His vision is to serve people”
His dream empowered by his desire to;
 Serve people well
 Build a winning team
 Work hard
 Impact people’s lives for food
 Have fun
 Support his family
 Honor his lord
8/22/2015 Business Leader 2

3.  Wal-Mart is the world’s largest re- tailing company.
 Number of stores 4906
 Number of associates 1500000
 store giant Wal-Mart has cut its growth forecast for the current fiscal
year 2015.
 The company plans to open a total of 240 small stores during the
year along with 120 Supercenters.
Current business context of Wal mart
8/22/2015 Business Leader
3

4. Flashback on transformational leadership
According to bass and avolio, There are four component of
transformational leadership,(1994)
• This is called, 4 I’s concept…
Idealized influence
Inspirational motivation
Intellectual simulation
Individualize consideration
8/22/2015 Business Leader 4

5. Transformational leadership on Sam Walton
 Idealized influence (II)
 Inspirational motivation (IM)
 Intellectual simulation (IS)
 Individualize consideration (IC)
8/22/2015 Business Leader 5

6. Outstanding values of Sam Walton
 Every one is treated with respect and dignity
 He is not afraid of accepting challenges
 He firmly believes that everyone is important to the success of the company
 Energize his colleagues
 Appreciates everything his associates do for the business
 Blaze your own path.
 Listen to everyone in the company.
 Commit to the business
 Good communication with his associates, suppliers, directors, stakeholders
 his untiring effort to achieve his dream
8/22/2015 Business Leader 6

7. Sam Walton’s sayings
“If you love your work, you’ll be out there every day trying to do it the
best you possibly can” Sam Walton
“We are all working together, that is the Success” Sam Walton
“High expectations are the key to everything” Sam Walton
“You can’t just keep doing what works one time, everything around you is
changing. To succeed, stay out in front of change” Sam Walton
8/22/2015 Business Leader 7

8. Is he a good leader???
He generated innovative, creative & talented leaders by paving
them the correct way of being successful;
1. Theresa Barrera (vice president of the company)
2. Kevin turner (president and CEO of Sam's clubs)
“The Wal mart way”
The inside story of the success of the world’s largest company by
don Soderquist (the retired vice chairman & chief operating officer
of wal mart
8/22/2015 Business Leader 8

9. THANK YOU!
Have a nice day!
8/22/2015 Business Leader 9