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.
More Quotes from Michael Bergdahl:
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.Michael Bergdahl
Wal-Mart's success strategies and tactics are easy to understand yet hard to duplicate.
Michael Bergdahl
Wal-Mart hires average people but squeezes above average performance and results out of them.
Michael Bergdahl
When you compete with Wal-Mart, even if you think you've found a niche don't ever become complacent.
Michael Bergdahl
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.
Michael Bergdahl
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