When you compete with Wal-Mart, even if you think you've found a niche don't ever become complacent.
More Quotes from 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
Servant leadership is the foundation and the secret of Sam Walton's ability to achieve team synergy.
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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.
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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.
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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.
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