Topic > Walmart Corporation Global Management Competencies

1.1 Organization Background Wal-Mart Stores, Inc. was founded by Sam Walton in 1962. The first Walmart store was opened in Rogers, Arkansas, United States (Walmart, 2013). Furthermore, Wal-Mart is the second largest food retailer in the world. After 1991, Wal-Mart becomes an international company, expanding its business to 26 countries outside the United States (Walmart, 2013). Wal-Mart currently has over 800,000 franchisees and more than 6,000 international stores (Walmart, 2013). Wal-Mart operates in Japan under the name SEIYU. SEIYU was founded in 1963 and is the largest supermarket chain in Japan (Walmart, 2013). Since 2002, Wal-Mart continues to acquire shares of SEIYU, making it a wholly owned subsidiary of Wal-Mart (Walmart, 2013). The nature of its business which includes supermarket chain, clothing and accommodation provision (SEIYU, 2013). Although Wal-Mart's business is very successful in the United States and some European countries, it faces problems in Japan. The problems Wal-Mart Japan (SEIYU) faces include the inability to adapt to the highly developed, culturally sensitive and rich retail environment (Boyle, 2009). Japan) Research Question How to reduce the impact of cultural issues on Wal-Mart's business in Japan through developing global management capabilities? Research Objective 1. Investigate the importance of developing global management capabilities2. Training to develop global management skills3. Learning to develop global management skills1.3 Research Rationale/ContributionI found that regardless of the type of organization, there exist in the culture... half of the paper ......ankervis, 2013).2.5 ConclusionIn this turbulent time and a Adversarial global environment, developing global management skills is essential for global managers. Global managers need to think globally, not just the country they live in. Through continuous learning of different global management skills, to avoid the impact of cultural differences and manage cross-cultural business more effectively. Global mindset, cross-cultural competence and cross-cultural sensitivity, all these important global management skills, if Wal-Mart can effectively implement them in the transition business, it believes that it will be able to significantly improve the problems it faces in the Japanese business. Wal-Mart can also use the previously described methods to perform global management capability development, enabling the organization to effectively develop global management capabilities.