Sam Walton Team BEAF Introduction Has always been

Sam Walton Team BEAF

Introduction ● Has always been a great leader ○ ○ ○ ○ ● ● Quarterback Eagle scout ROTC Class president JC Penny’s manager Army captain Ben Franklin Franchise Hard worker, drive to succeed Improved by becoming more personable Had many learning experiences to succeed in other businesses We can learn a lot from Sam Walton ○ Try, fail, succeed

Description of the background, traits & skills of the leader ● Army Captain ● Ben Franklin Franchisee ○ ○ 15 locations Grew frustrated of management ● Learned leadership through these adventures ● Loan from father in-law ● “hard-charging and demanding style. ”

Experiences that helped contribute to his/her development ● High School ○ ○ Starting varsity quarterback Eagle Scout ● College ○ ○ ○ Degree in economics ROTC Senior class president ● Early Life ○ ○ ○ JCPenney’s manager and salesman Army captain Ben Franklin store owner

Description of leadership behaviors & practices used by the leader ● ● ● Setting the precedent Demanding and expecting the best Providing incentives Overseeing the management of all stores Constantly improving Always listening

How this leader could have improved his/her effectiveness ● Better labor practices ● More environmentally-friendly policies

How effective this leader would have been in other organizations? ● Core Values include: ○ ○ ○ The customer is king. Anything in your power to improve their experience / interaction with your company - Do it! Commit whole hartilty to the business and in turn, success will come Do not follow the money. Follow your passion to create the best business model you can ● Sam Walton would excel at any other business venture he would choose to pursue. With all attention based on the customer experience, and assisting their needs while appreciating the labor completed by company workers, what else could one ask for.

Any other information about this leader you believe is important Walmart today has over 11, 500 stores world-wide Placed stores near Giant Local Warehouses Ranked as one of Forbes richest man in America in 1985 Walmart had $466. 1 billion in sales in the fiscal year that ended in January 2013 ● First to use UPC code to streamline the inventory process ● ●

What can we learn from this leader?

What specific actions & practices of this leader result in prominent levels of performance? ● Looked beyond just the skills and qualifications needed for the job; he looked for individual passion and willingness to grow. ● Delegation and following up is extremely important. ● Mentoring, critiquing, and inspiring them will improve an employees performance.

How do these actions & practices reflect or not reflect the leadership behaviors, concepts & models studied? ● How Parenting Books Taught Me to Be a Better Leader by Alexandra Samuel - Build a connection with your team, before business. This will create strong relations of trust and connection. - Should not fire difficult employees, but rather work with them.

Citations Belludi, N. , & Johns, W. (2016, February 11). Ten Rules of Management Success from Sam Walton. Retrieved March 25, 2020, from https: //www. rightattitudes. com/2016/02/02/management-ideas-from-sam-walton/ Biography. com Editors. “Sam Walton. ” Biography. com, A&E Networks Television, 6 Mar. 2020, Retrieved from www. biography. com/business-figure/sam-walton. Biography Sam Walton. (2020). Retrieved from https: //www. ducksters. com/biography/entrepreneurs/sam_walton. php Brainy Quote. (2020). Retrieved from https: //www. brainyquote. com/quotes/sam_walton_127271 Sam Walton. (2008). Retrieved from https: //www. entrepreneur. com/article/197560 Samuel, A. (2019, October 27). How Parenting Books Taught Me to Be a Better Leader. Retrieved from https: //www. wsj. com/articles/how-parenting-books-taught-me-to-be-a-better-leader-11572184800