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.
More Quotes from Michael Bergdahl:
Sam Walton encouraged his employees to be entrepreneurial in their thinking and not to limit themselves, in their work, to any one functional area.Michael Bergdahl
Sam Walton instilled ownership of the products in the stores into the collective consciousness of every associate regardless of what job they did for the company.
Michael Bergdahl
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.
Michael Bergdahl
Wal-Mart hires average people but squeezes above average performance and results out of them.
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
When you compete with Wal-Mart, even if you think you've found a niche don't ever become complacent.
Michael Bergdahl
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