Global Management Skills of the Walmart Corporation

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1.1 Background of the Organization

Wal-Mart Stores, Inc. was founded by Sam Walton in 1962. The first Walmart store was opened in Rogers, Arkansas, United States (Walmart, 2013). In addition, Wal-Mart is the world's second largest food retailers. After the year 1991, Wal-Mart becomes an international company, it expanded its business in 26 countries outside the United States (Walmart, 2013). Currently, Wal-Mart has over 800,000 affiliates and more than 6,000 international stores (Walmart, 2013). Wal-Mart operates in Japan called SEIYU. SEIYU was founded in 1963 and it is the largest supermarket chain in Japan (Walmart, 2013). Since 2002, Wal-Mart continues to acquire the shares of SEIYU, make it to become wholly-owned subsidiary of Wal-Mart (Walmart, 2013). The nature of its business which is included the retail chain supermarket, clothing and shelter supply (SEIYU, 2013). Although the business of Wal-Mart is very successes in United States and some Europe countries but it face problems in Japan. Wal-Mart Japan (SEIYU) facing problems include failure to adapt to the highly developed, culturally sensitive and rich retail environment (Boyle, 2009).

1.2 Research title, question and objective

Research Title A Research into Developing Global Management Skills of Wal-Mart (Japan)

Research Question How to reduce the impact of cultural issues on Wal-Mart’s business in Japan through the development of global management skills?

Research Objective 1. To investigate the importance of developing global management skills

2. Training to develop global management skills

3. Learning how to develop global management skills

1.3 Research rationale / contribution

I found that no matter what type of organization, they exist in cultural...

... middle of paper ...

...ankervis, 2013).

2.5 Conclusion

In this turbulent and contradictory global environment, global management skills development is essential for the global managers. Global managers have to think globally, not only standing the country in which they live. Through continuous learning different global management skills, to avoid the impact of cultural differences and manage the intercultural business more effectively. Global mindset, cross cultural competence and intercultural sensitivity, all these major global management skills, if the Wal-Mart can effectively implement in transitional business, believes it will able to significantly improve the problems its face in Japan business. Wal-Mart also can use the previously described methods to execute global management skills development, enable organization to effectively development global managerial skills.

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