Wall-Mart, viewed as both a positive and negative force of striation, is among the highest controversial news worthy organizations in America. In this paper, I will focus on Wall-Mart’s effectiveness in collaboration, transparency, sharing, and empowerment. Upon my findings, I will provide recommendations that will clearly develop a level of worldliness that will increase social connectedness within the communities in which Wall-Mart is associated. In my recommendations I will include ways in which this distribution giant can accommodate the corporation and the community in which it serves, to better establish that worldliness feel.
Social Capital In referencing Wall-Mart, most people connect the large corporation with, ineffective behavior towards its customers and workers. The organization has been summoned to court on several occasions for inappropriate behavior or informal and unethical behavior, resulting in a negative downfall, or effect on someone else’s life. In Carded, Churchwoman and Miners (2009), Putnam (2000) treats social capital as an input: social capital refers to connections among individuals?social networks and the norms of reciprocity and trustworthiness that arise from them.
Wall-Mart clearly does not have a worldly connection to the immunity in which it is established. Social capital in effect, should contain a desire to collaborate, share, empower, and be transparent, in a community that in essence, provides the revenue which makes them one of the largest corporations in the world. Analysis of Wall-Mart Wall-Mart has destroyed communities by changing established living patterns in the United States (Ghana and Largely, 2009).
Annually, shoppers continue to slowly diminish their desires to shop in the downtown stores where they previously frequented, because the Wall-Mart on the edges of town, has lower prices. More and more, smaller chains are closing their stores down because they are losing customers and do not have the support of the community to keep them open. Although Wall-Mart has surpassed the community in its economic successes, the corporation itself, has generated a negative vibe when evaluating research on its openness (collaboration, transparency, sharing, and empowerment).
Wall-Mart has the ability and the power to promote openness within the community, but has neglected to incorporate a worldly openness on many different levels. In speaking with a close friend of mine who is an associate t the neighborhood Wall-Mart, I find that the corporate guru is engaged in greed. A desire to take the world by storm, without consideration of the people in which they develop economic relationships with, or the organizations for which they have a distribution relationship with.
The corporate conglomerate is not concerned with becoming transparent enough to collaborate, share, or empower its followers or neighbors, in wake of a community who struggles to stay afloat. Recommendations recommend that Wall-Mart incorporate Don Taproots (2012) Four Principles of he Open World: First is collaboration a word in which Taproots (2012) describes as, how we sort of orchestrate capability to innovate, to create goods and services, to engage with the rest of the world, in terms of government, how we create public value.
Second is transparency, the communication of pertinent information to stakeholders of organizations: employees, customers, business partners, shareholders, and so on. Third is sharing, Sharing is about giving up assets, intellectual property. And fourth is empowerment, knowledge and intelligence (Taproots, 2012). Together, the previous four principles create a ensue of balance with in the community. They give a sort of profound value to an organization, which sets it apart from the competition in a positive way.
Wall- Mart needs to promote positive values and interpretations into the communities in which they serve. Then and only then, will they become a worldly corporation whose openness is also shared with the world. Conclusion Wall-Mart is in danger of so much negative feedback. One of the largest organizations in the world, their social capital is under the scope. The entire world associates Wall-Mart in a negative manner. Whether we are talking unethical behavior, superiority conflict, discrimination, or total disregard for humanity, Wall-Mart has earned a name.