Running Head: WALMART WORKFORCE PLAN 1
Final Project: Walmart Workforce Plan
Joseph Napiorkowski
OL-655 Talent Development & Workforce Planning
Southern New Hampshire University
10/07/2019
,WALMART WORKFORCE PLAN 2
Milestone Final: Walmart Workforce Plan
I. Introduction
Sharks swim in a vast ocean filled with many opportunities to travel and target an
uncountable amount of fish to survive. Sharks must also continue to swim to service. The
swimming keeps the vital oxygen flowing through their gills that keeps them alive. In the vast
world of retail, the business’ in this realm is like sharks. Continually moving and following the
opportunities to survive because they know, like the shark, if they stop advancing, they will
slowly die. Unlike the shark, businesses can internally reflect and study their gaps to help
improve this necessary movement. They create departments and committees to evaluate and
implement changes that move forward the body of the business. One of these departments is
Human resource. This depart studies gaps in the employee workforce. HR helps develop plans
and implement training and opportunity for the company to swim forward, following this
opportunity. One of these companies is Walmart Inc. Walmart is currently thrusting forward
attacking gaps such as technological opportunity advancement.
Walmart is a for-profit private organization that was established by Mr. Sam Walton. Walmart
was founded on July 2, 1962, which means the company has been around for 57 years. Mr.
Walton established this company with the goal of selling retail goods at the lowest possible price
which brought about the phrase Every day Low Prices. The company was first built in a small
town of Rogers, Arkansas, but today can be found all over the world. In just a few short years of
being established, the company went from this one store to over 24 retail stores. Walmart began
to grow so large that it broke up into three successful segments called Walmart international,
Walmart Inc, and Sam’s Club. They have been on the list of Fortune Global 500 for many years
and is one of the biggest corporations in the world.
, WALMART WORKFORCE PLAN 3
Walmart has a very good strategy to maintain a competitive advantage by bringing in the
lowest prices in their market and use penetration pricing. This type of strategy allows them to
take in the newest goods on the market and bring them in at the lowest prices in the retail realm.
This is what brings consumers into the door, and once they are there to buy the great goods, that
are undervalued, they more than average grab other items. This is the process in which getting
the consumer into the door and being convenient for the consumer in its mass volume of retail
goods, plays very well in their favor. This strategy has helped Walmart to reach the pinnacle of
retail success, “The multinational company has developed into the largest retailer in the world,
generating revenues of over 510 billion U.S. dollars in its most recent fiscal year” (Statista,
2019).
Walmart uses many tactics in the achievement of their success strategies that lead to this feat.
The company offers the largest single company selection of retail goods. This makes it extremely
convenient for any consumer to walk into a store and find almost any goods that they are looking
for. Walmart offers an array of photo services to include in-store labs and online creative
software for purchasing pictures. They have a convenient and successful pharmacy department
that even allows consumers to get their prescriptions without entering the store. Sticking with the
successful trends, Walmart carries a full wireless service of the most popular phone carriers in
the nation. This allows consumers to compare services and see phones and products of different
wireless phone carriers all in one place. One last giant offering is Walmart’s financial services
which include credit cards, debit cards, bill payment, money transfers, check cashing and check
printing. Walmart offers a store credit card without an annual fee (Washington, 2019).
Walmart’s overall strategic goal is to help people save money so they can live better. They do
this by keeping a winning plan of market growth and innovation that helps both the consumer