Short description
As founder of Wal-Mart and its many divisions, Sam Walton reinvented the retailing industry through his singularity of focus, high expectations, and never-say-die attitude. This book offers lessons that Walton himself followed, and taught, throughout his lifetime. It is of interest to entrepreneurs and hourly paid employees.
Long description
Sam Walton, the founder of Wal-Mart, is one of the most successful entrepreneurs of our time. As a continuous learner, Walton was committed to constantly increasing his own knowledge. He challenged existing business theories and paradigms by developing and implementing a new set of rules and used this new information to build and improve every aspect of Wal-Mart. During his career, Walton developed a list of what he considered the most important rules for entrepreneurial success. As far as he was concerned, there were ten key result areas that he considered pivotal to his own success. In the The 10 Rules of Sam Walton, author Michael Bergdahl reveals these ten rules and examines them in detail. Each of these rules- from Rule 1: Be passionately committed to achieving success, to Rule 10: Be different, challenge the status quo- are easily understandable and can be duplicated by all company leaders. But, like so many things Wal-Mart does, they require a high degree of organizational discipline to implement. Often, it is the breakdown in execution of the strategies- not the strategies themselves- that lead to business failures. In this book, Bergdahl shows readers how Wal-Mart does it, and how they can too. As a former Wal-Mart employee, Bergdahl had the opportunity to work directly with Sam Walton. These experiences have provided Bergdahl with a treasure trove of great lessons, experiences, and stories that he now shares throughout pages of the The 10 Rules of Sam Walton. Michael Bergdahl (Pittsburgh, PA) worked with Sam Walton as the Director of the Home Office People Division for Wal-Mart. Currently, Mike is a full-time speaker and business coach- drawing on his 27 years of business experience in retailing.