Organizational Development Of Walmart

Organizational development is intended to be a planned, continuous, incremental change that is needed to improve an organization, business, or group’s performance. Developing innovative approached to problem solving and establishing a “survivalist attitude” in a continuously evolving environment of cultural change and technological advancement improves overall organizational effectiveness (Gilley, A.M, Gilley, J., Gilley, A., & Quatro, 2009, p. 496). Examining the organizational growth of a company that has expanded enormously over the past 50 years would help people understand how organizational development plays an important role in the success of organizations. Walmart has been the lead in the retail industry that most companies wish to

One must first have to understand Walmart’s strategy in order to understand its growth and success. First, Walmart believes that lowering price of a product is a direct means of increasing a population’s standard of living, because people are able to obtain more of that product, at lower prices (Morrillo, McNally, & Block, 2015, p. 386). Walmart takes pride on always offering the general population amazing items at low costs which has added to the American way of life. In spite of its effort to offering low prices on products, its system is still met with negative feedback by media and people who assert that it has an adverse effect toward our nation. Although Walmart disagrees it is still content with its purpose to continue to cut cost and still improve efficiency. Walmart continues to advance in the retail industry and altered the word of distribution. Another class of retailer, called "dollar stores" developed that beat Wal-Mart's cost on nearly everything at the genuine cost customer. These 99 cent retail shops, for example, Family Dollar Stores, turned out to be truly prominent, and the quickest developing conventional retail idea in America. All the while, enormous box retailers like Best Buy extended their stock and impression into more areas, drastically expanding the opposition against neighborhood Wal-Mart's