Michael Bergdahl
Michael Bergdahl
Michael Bergdahl is an author and professional business speaker...
NationalityAmerican
ProfessionAuthor
Date of Birth8 February 1954
CountryUnited States of America
american-author business harvard teach
They don't teach the "Wal-Mart Way" at Harvard Business School!
american-author constantly cornered good ideas knew learn market reaching sam
Sam Walton knew that he hadn't cornered the market on good ideas and that's why he was constantly reaching out to learn from others.
american-author employees encouraged functional limit sam thinking
Sam Walton encouraged his employees to be entrepreneurial in their thinking and not to limit themselves, in their work, to any one functional area.
keys done execution
The key to Operations at Wal-Mart is their ability to maintain the highest standards while at the same time getting things done with lockstep execution.
stories masters standards
Sam Walton was a master storyteller who used illustrative stories to reinforce his cultural standards.
simple thinking people
Sam Walton's values are: treat the customer right, take care of your people, be honest in your dealings, pass savings along to the customer, keep things simple, think small, control costs and continuously improve operations.
tactics strategy easy
Wal-Mart's success strategies and tactics are easy to understand yet hard to duplicate.
average people results
Wal-Mart hires average people but squeezes above average performance and results out of them.
keys focus pockets
The key to competing and surviving against Wal-Mart is to focus your business into a niche or pocket where you can leverage your strengths in the local marketplace.
teamwork secret foundation
Servant leadership is the foundation and the secret of Sam Walton's ability to achieve team synergy.
simple ideas pages
At Wal-Mart, if you couldn't explain an idea or a concept in simple terms on one page of paper Sam Walton considered the new idea too complicated to implement.