SlideShare a Scribd company logo
1 of 13
Download to read offline
Wal-Mart:What the Template Business of Global Capitalism Might Reveal About the POST-Post-Fordist Future
Walmart: A brief history Founded 1962 in Bentonville, Arkansas by Sam Walton Incorporated 1969, and went public in the New York Stock Exchange (as WMX) in 1972.  First store in Bentonville, AK Changes in Walmart Logo 1962-present
Walmart Today, A Snapshot: Worlds LARGEST: Public corporation, EVER Private employer  15% market share of ALL general merchandise and food sold. In the US: Over 11% share of total GDP
Criticisms of Walmart Negative Environmental Impact Resistance to union representation Sexism Pressures on employees to vote for specific parties during national elections.  Extensive foreign product sourcing (70%!)  Low rates of employee health insurance enrollment(dependence upon government healthcare programs)
Criticism with Humor
Overview of Analysis Walmart has grown beyond the scale and influence of any business the world has ever seen Walmart as trendsetter and market-MAKER Now functions more as global commodity chain and logistics operation  Can influence market faster and more directly
If…Then…SO… In examining Walmart’s business practices,  recent initiatives, and forthcoming plans, we can gain insight into the future direction of the global economy. Allen Scott’s notion of “Flexible Production Regime Harvey’s notion of “Creative Destruction”
“Always Low Prices”:Making Penny Pinching the World Business Standard Walmart requires all suppliers to submit to strict efficiency standards to cut costs in: Production processes  Product design  Materials/Packaging  Labor  Transportation  “Plus One” Principle Requires that every year suppliers must cut costs or improve quality “Retail Link” Collects POS data from around the world and made available to suppliers Enhances sensitivity to consumer trends-  “micro-marketing”
Logistics Revolution and “Lean Retailing” Characteristics of Lean Retailing: UPC tags and scanning devices Computerized Inventory Management Automated Distribution Centers Adoption of communication standards throughout supply chain Logistics Revolution: 70’s+ ,[object Object],Left: Workers posing at a Walmart distribution center
~SeEinGtHeFuTuRe ~(maybe) Walmart and the Sustainability Index As a market-MAKER, Walmart’s actions set the standards in the global supply chain.  What could Walmart’s plans for creating a “Sustainability Index” and product “Life Cycle Database” suggest about the future of the global economy?
Sustainability Index Specifics Walmart will provide each of its 100,000 global suppliers with a survey of 15 questions to evaluate their sustainability. Will develop a rating system that will be visible to consumers on all products.  The questions  and rating system are divided into four areas:  Energy and Climate, Natural Resources, Material Efficiency and “People and Community “ -Walmart Corporate Sustainability Index Fact Sheet
Natural Capitalism& Implications for the Future  Walmart being Walmart, if it implements this index, the rest of the retail industry will follow Will change consumer spending habits and consequently reshape supply chain Sustainability efforts are in line with characteristics of Natural Capitalism ------------------------
After Higher Standards Will Walmart’s requirement of higher environmental standards for their suppliers have a positive spillover effect for other problematic parts of the supply chain?   Let’s hope so.

More Related Content

Similar to Walmart and Natural Capitalism

eWorld Cluster Development & the Globalized Supply Base (Part 2)
eWorld Cluster Development & the Globalized Supply Base (Part 2)eWorld Cluster Development & the Globalized Supply Base (Part 2)
eWorld Cluster Development & the Globalized Supply Base (Part 2)Jon Hansen
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docxtaishao1
 
Walmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docxWalmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docxmelbruce90096
 
p a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docxp a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docxalfred4lewis58146
 
1Company Overview Walmart Inc is an American multinat
 1Company Overview Walmart Inc is an American multinat 1Company Overview Walmart Inc is an American multinat
1Company Overview Walmart Inc is an American multinatMargaritoWhitt221
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docxBHANU281672
 
NABU Socials - A New Marketing Era
NABU Socials - A New Marketing EraNABU Socials - A New Marketing Era
NABU Socials - A New Marketing EraChristian Contardi
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1uoni
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1uoni
 
Walmart Technology Strategy
Walmart Technology StrategyWalmart Technology Strategy
Walmart Technology StrategyMiles Wood
 
New microsoft office power point presentation
New microsoft office power point presentationNew microsoft office power point presentation
New microsoft office power point presentationDivya Pandey
 
Building An FMCG Social Brand 2012
Building An FMCG Social Brand 2012Building An FMCG Social Brand 2012
Building An FMCG Social Brand 2012tomchapman
 
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & HuongElite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & HuongKhai Pham
 
Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams? Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams? Deborah Weinswig
 
Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?Deborah Weinswig
 

Similar to Walmart and Natural Capitalism (19)

eWorld Cluster Development & the Globalized Supply Base (Part 2)
eWorld Cluster Development & the Globalized Supply Base (Part 2)eWorld Cluster Development & the Globalized Supply Base (Part 2)
eWorld Cluster Development & the Globalized Supply Base (Part 2)
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docx
 
Walmart
WalmartWalmart
Walmart
 
Walmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docxWalmart’s GreenwashHow the company’s much-publicized susta.docx
Walmart’s GreenwashHow the company’s much-publicized susta.docx
 
p a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docxp a r t1Introduction toRetailingC h a p t e r 1P.docx
p a r t1Introduction toRetailingC h a p t e r 1P.docx
 
1Company Overview Walmart Inc is an American multinat
 1Company Overview Walmart Inc is an American multinat 1Company Overview Walmart Inc is an American multinat
1Company Overview Walmart Inc is an American multinat
 
59 Managing the Ethical Implications of the Big Box .docx
59  Managing the Ethical Implications of the Big Box .docx59  Managing the Ethical Implications of the Big Box .docx
59 Managing the Ethical Implications of the Big Box .docx
 
NABU Socials - A New Marketing Era
NABU Socials - A New Marketing EraNABU Socials - A New Marketing Era
NABU Socials - A New Marketing Era
 
Walmart
WalmartWalmart
Walmart
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1
 
Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1Wal Mart & Stockholder Analysis 1
Wal Mart & Stockholder Analysis 1
 
Walmart Stores
Walmart StoresWalmart Stores
Walmart Stores
 
Walmart Technology Strategy
Walmart Technology StrategyWalmart Technology Strategy
Walmart Technology Strategy
 
Wal-Mart Essay Pros
Wal-Mart Essay ProsWal-Mart Essay Pros
Wal-Mart Essay Pros
 
New microsoft office power point presentation
New microsoft office power point presentationNew microsoft office power point presentation
New microsoft office power point presentation
 
Building An FMCG Social Brand 2012
Building An FMCG Social Brand 2012Building An FMCG Social Brand 2012
Building An FMCG Social Brand 2012
 
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & HuongElite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
Elite Program - Day 6.1 - Retail Audit & Consumer Panel - Khai & Huong
 
Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams? Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?
 
Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?Future of Retail: Is It Coming Apart at the Seams?
Future of Retail: Is It Coming Apart at the Seams?
 

Recently uploaded

Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdfChris Skinner
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024Chandresh Chudasama
 
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...PRnews2
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersPeter Horsten
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfShashank Mehta
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverseSiemens
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Jiastral oracle
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextP&CO
 
Paul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky
 
71368-80-4.pdf Fast delivery good quality
71368-80-4.pdf Fast delivery  good quality71368-80-4.pdf Fast delivery  good quality
71368-80-4.pdf Fast delivery good qualitycathy664059
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 

Recently uploaded (20)

Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024MEP Plans in Construction of Building and Industrial Projects 2024
MEP Plans in Construction of Building and Industrial Projects 2024
 
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exporters
 
Toyota and Seven Parts Storage Techniques
Toyota and Seven Parts Storage TechniquesToyota and Seven Parts Storage Techniques
Toyota and Seven Parts Storage Techniques
 
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptxThe Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
 
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdfDarshan Hiranandani (Son of Niranjan Hiranandani).pdf
Darshan Hiranandani (Son of Niranjan Hiranandani).pdf
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverse
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
Entrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider contextEntrepreneurial ecosystem- Wider context
Entrepreneurial ecosystem- Wider context
 
Paul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate ProfessionalPaul Turovsky - Real Estate Professional
Paul Turovsky - Real Estate Professional
 
Authentically Social - presented by Corey Perlman
Authentically Social - presented by Corey PerlmanAuthentically Social - presented by Corey Perlman
Authentically Social - presented by Corey Perlman
 
71368-80-4.pdf Fast delivery good quality
71368-80-4.pdf Fast delivery  good quality71368-80-4.pdf Fast delivery  good quality
71368-80-4.pdf Fast delivery good quality
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 

Walmart and Natural Capitalism

  • 1. Wal-Mart:What the Template Business of Global Capitalism Might Reveal About the POST-Post-Fordist Future
  • 2. Walmart: A brief history Founded 1962 in Bentonville, Arkansas by Sam Walton Incorporated 1969, and went public in the New York Stock Exchange (as WMX) in 1972. First store in Bentonville, AK Changes in Walmart Logo 1962-present
  • 3. Walmart Today, A Snapshot: Worlds LARGEST: Public corporation, EVER Private employer 15% market share of ALL general merchandise and food sold. In the US: Over 11% share of total GDP
  • 4. Criticisms of Walmart Negative Environmental Impact Resistance to union representation Sexism Pressures on employees to vote for specific parties during national elections. Extensive foreign product sourcing (70%!) Low rates of employee health insurance enrollment(dependence upon government healthcare programs)
  • 6. Overview of Analysis Walmart has grown beyond the scale and influence of any business the world has ever seen Walmart as trendsetter and market-MAKER Now functions more as global commodity chain and logistics operation Can influence market faster and more directly
  • 7. If…Then…SO… In examining Walmart’s business practices, recent initiatives, and forthcoming plans, we can gain insight into the future direction of the global economy. Allen Scott’s notion of “Flexible Production Regime Harvey’s notion of “Creative Destruction”
  • 8. “Always Low Prices”:Making Penny Pinching the World Business Standard Walmart requires all suppliers to submit to strict efficiency standards to cut costs in: Production processes Product design Materials/Packaging Labor Transportation “Plus One” Principle Requires that every year suppliers must cut costs or improve quality “Retail Link” Collects POS data from around the world and made available to suppliers Enhances sensitivity to consumer trends- “micro-marketing”
  • 9.
  • 10. ~SeEinGtHeFuTuRe ~(maybe) Walmart and the Sustainability Index As a market-MAKER, Walmart’s actions set the standards in the global supply chain. What could Walmart’s plans for creating a “Sustainability Index” and product “Life Cycle Database” suggest about the future of the global economy?
  • 11. Sustainability Index Specifics Walmart will provide each of its 100,000 global suppliers with a survey of 15 questions to evaluate their sustainability. Will develop a rating system that will be visible to consumers on all products. The questions and rating system are divided into four areas: Energy and Climate, Natural Resources, Material Efficiency and “People and Community “ -Walmart Corporate Sustainability Index Fact Sheet
  • 12. Natural Capitalism& Implications for the Future Walmart being Walmart, if it implements this index, the rest of the retail industry will follow Will change consumer spending habits and consequently reshape supply chain Sustainability efforts are in line with characteristics of Natural Capitalism ------------------------
  • 13. After Higher Standards Will Walmart’s requirement of higher environmental standards for their suppliers have a positive spillover effect for other problematic parts of the supply chain? Let’s hope so.