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The Wal-mart Way: The Inside Story of the Success of the World's Largest Company »

Book cover image of The Wal-mart Way: The Inside Story of the Success of the World's Largest Company by Donald Soderquist

Authors: Donald Soderquist, Don Soderquist
ISBN-13: 9780785261193, ISBN-10: 0785261192
Format: Hardcover
Publisher: Nelson, Thomas, Inc.
Date Published: April 2005
Edition: (Non-applicable)

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Author Biography: Donald Soderquist

Book Synopsis

Since Sam Walton's death in 1992, Wal-Mart has gone from being the largest retailer in the world to holding the top spot on the Fortune 500 list as the largest company in the world. Don Soderquist, who was senior vice chairman during that time, played a crucial role in that success. Sam Walton said, "I tried for almost twenty years to hire Don Soderquist . . . But when we really needed him later on, he finally joined up and made a great chief operating officer." Responsible for overseeing many of Wal-Mart's key support divisions, including real estate, human resources, information systems, logistics, legal, corporate affairs, and loss prevention, Soderquist stayed true to his Christian values as well as Wal-Mart's distinct management style. "Probably no other Wal-Mart executive since the legendary Sam Walton has come to embody the principles of the company's culture-or to represent them within the industry-as has Don Soderquist," Discount Store News once reported.

In The Wal-Mart Way, Soderquist shares his story of helping lead a global company from being a $43 billion company to one that would eventually exceed $200 billion. Several books have been written about Wal-Mart's success, but none by the ones who were the actual players. It was more than "Everyday Low Prices" and distribution that catapulted the company to the top. The core values based on Judeo-Christian principles-and maintained by leaders such as Soderquist-are the real reason for Wal-Mart's success.

Retired Chairman and CEO, Procter & Gamble - John E. Pepper Jr.

"I always hoped that Don Soderquist would take the time to explain the foundations of Wal-Mart's success. He has done it superbly, capturing it's essence-from Sam Walton's vision that stared it tall; to the unrelenting focus on the customer; to respect for people and values, teamwork, and relationships; to the never-ending quest for improvement and growth and commitment to excellence. Soderquist has done this in a way that not only explains Wal-Mart but can be applied to any institution, profit or non-profit. The lessons in The Wal-Mart Way are at once concrete, accessible, highly engaging, and broadly applicable. This is a book that countless readers will benefit from."

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