The Walmart Cheer

In building Walmart as the world’s greatest retailer, founder Sam Walton borrowed every good idea he’d come across. And one of those ideas is the famous Walmart Cheer: Give Me a W! Give Me an A! Give Me an L! Give Me a Squiggly! (Here, everybody sort of does the twist.) Give Me an M! […]

Sam Walton Saw No Need for Unions at Walmart

Walmart has always been criticized for its policies against labor unions. Supporters of unionization efforts blame workers’ reluctance to join the labor union on Walmart’s anti-union tactics such as managerial surveillance and pre-emptive closures of stores or departments that choose to unionize. Leaked internal documents show that Walmart’s strategy for fighting to keep its workers […]

Sam Walton and Frugality at Wal-Mart

Sam Walton, the iconic founder of Wal-Mart, loved retailing and pursued it with boundless energy. He was famously frugal and devoted to the concept of beating merchandise prices down as part of the trademark “everyday lower prices” promise to customers. Walton once wrote, “A lot of what goes on these days with high-flying companies and […]

Management Guru Tom Peters on Benchmarking

To grow, companies need to escape of the vicious cycle of competitive benchmarking, replication, imitation that’s so much in vogue today. A company cannot simply be remarkable by following some other remarkable business. Here is a classic video of Management Guru Tom Peters discussing the pointless exercise of benchmarking: I hate Benchmarking! Benchmarking is Stupid! […]

Difference between a Hotel and a Motel

The commonly acknowledged distinction between the definition of a hotel and that of a motel is based upon the means of access to the rooms. Most hotels have interior hallways to the rooms. A guest is expected to leave his car in the hotel’s parking lot, enter through the hotel’s lobby, perhaps take an elevator, […]

Chinese Car Company Logos That Look Appallingly Familiar

The car industry in China is the largest in the world, as measured by total annual automobile unit production volumes. Since year 2009, the number of automobiles manufactured in China has exceeded that of the European Union and that of the United States and Japan combined. 45% percent of cars produced were BYD, Lifan, Chang’an […]

The Worst Business Decision Ever (Hint: Xerox)

What crosses your mind when you think of an archetype of failing to recognize enormous business opportunities and renouncing innovations? Xerox PARC, now an independent but wholly-owned subsidiary of Xerox, is celebrated for its pioneering technology inventions. It produced the first computer to use the desktop metaphor and mouse-driven graphical user interface (GUI) to let […]