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

Abridged Audiobook

Written By: Donald Soderquist

Narrated By: Donald Soderquist

Publisher: Thomas Nelson

Date: April 2005

Duration: 3 hours 30 minutes

Summary:

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.

Genres:

  • John Noe

    Owning a retail business I found this book reminded me of the simple requirements to run a complex business and emphasized the need to be ever vigilant and embrace new technology. It made me make several realizations about our state of affairs which more than reimbursed me for the time spent. However my kids complained every second as we drove listening to it.

  • Tonytoga

    Don Soderquist was a man Sam Walton desperately wanted in his camp. He recruited him for years and Soderquist was an essential part of taking Wal-Mart from a really good regional discounter to the goliath it is today. I wanted to hear his story..........unfortunately, that ISN'T what this book was all about. It was a mish-mash of 'how to' and self-help that failed to hit the mark with me. I'm not certain who Mr. Soderquist was intending as his audience for this work but it wasn't the avid historical reader. The Wal-Mart story is one of the most fascinating in the history of American business (Sam Walton's "Made In America" 'autobiography' was excellent) and I'd like to read more about it. I'm afraid Mr. Soderquist shed very little new light on what I already knew about the company and its trail to success.

  • Trina Fleming

    After knowing the truth about Wal-Mart and their tendency, at least according to what I've read in the press, to cheat the little man who must wear the blue vest every day and to continue to withhold from women what they have rightfully earned, this book read like a fairy tale. I could not get past the first CD. I think Mr. Soderquist must have the longest ams in the world...how else would he have been able to pat himself and Wal-Mart on the back non-stop. This is not even worth your time.

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

by Donald Soderquist

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Wal-Mart Way: The Inside Story of the Success of the World's Largest Company, Donald Soderquist