Saturday, November 18, 2006

Wal*Mart Way Principles

1. Every successful venture begins with a dream that requires determination, passion, and the willingness to grow if it is to be fulfilled.

2. You must have a vision that allows you to see a bigger, better, stronger you in the future - while never taking your eyes off of who you are and now what you are doing today.

3. To build a great company, you must create a culture where everyone shares the same values, purposes and expectations of success.

4. True success is achieved in direct proportion to the degree that an organization treats its people with respect and dignity - and believes in them enough to help them grow.

5. You will succeed when you make a commitment to help your customers succeed first.

6. Achieving excellence becomes a reality when you set high expectations, humbly face and correct your mistakes, stay optimistic, and avoid the quicksand of complacency.

7. Your success is in direct proportion to your ability to plan, monitor, and ultimately execute all phases of your business.

8. To build a great company, you must actively and continually seek out, evaluate, and invest in the tools that best serve people and aims of your organization.

9. The most basic operations in your company represent tremendous opportunities for improvement, growth and savings. Dont overlook the obvious.

10. When you create win-win relationships with your business partnerships based on trust and open communications, you maximize your potential for growth.

11. The ongoing sucess of your organization is in direct proportion to your ongoing commmitment to grow.

12. When you cultivate a spirit of charitable giving and civic involvement within your organization, you exponentially increase your tangible and intangible returns - including the personal character of your team.

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