tailieunhanh - Oganizational behavior analysis by Professor Randy

Within the past few years, Wal-Mart has ventured into the market of China. Struggling to gain ground against its competitors, the company has started the process of changing their management strategy. Greg Foran was recently appointed chief executive of Wal-Mart China, despite his lack of experience in the Chinese market. According to the article, analysts believe that Wal-Mart has intentions of conducting business according to western practices and with this new management approach they will have a closer connection with their headquarters. The company also invested in staff training and the creation of a compliance team in order to eliminate. | One of the main topics of this article is strategy. In particular, as described in the 9-Step Process Professor Dunham introduced in his lecture on organization strategy, Wal-Mart is focusing on the environmental analysis aspect of its strategic plan or model. The company is dealing with a changing market base, so industry, political, cultural, technical and economic research is crucial to the success of its new endeavor. Switching business to a new region of the world involves very careful strategic planning because of the drastic environmental change. As mentioned in the article, Wal-Mart is in competition with local businesses that have already established a growing base of customers. It is apparent that Wal-Mart is investing time towards competition research and evaluation, which is also part of the 9-step process Professor Dunham discussed. At this point, Wal-Mart is in the process of pinpointing aspects that their company needs to reevaluate as they enter a new management strategy.