It’s Time
For The 2016 Walmart Orgasm!
a/k/a
Walmart Annual Meeting
30
May 2016
Copyright
© 2016 – It’s Not Sam’s Walmart…..Anymore!
& RightTurnMedia2014
Walmart Associates from around the world will be
heading to Bentonville, Arkansas this week in advance of the annual
celebration of Walmart’s Annual meeting on Saturday.
But what is there to celebrate?
Another year of failure after failure?
Mr. McMillion stated “We’re not living in a new
period of disruption, largely driven by rapid technological advances, and that
change is likely to accelerate even further.
Our efforts are squarely focused on emerging as the retail leader.”
What?
With that statement, Mr. McMillion is trying to
pull the wool over everyone’s eyes.
Granted it’s a better line than that used CEO of
Target stating the company’s 25% sales drop was due to “global warming”,
instead of the company’s mis-management, up to and including the LBGT deal
which really put the royal flush on Target.
What’s The Real Problem At Walmart?
Simple, 10+ years of liberal, progressive
leadership, which had Mr. Sam not built such a great company, would have tanked
Walmart many years ago.
Let’s Look At This Year
Blanket raises were dolled out to most Walmart associates in response
to the push back from groups like Our Walmart. Instead of being pushed around
by groups that are funded by unions, Walmart should be pushing back, something
sadly forgotten since Mr. Sam passed, and those he had in place to run his
great company were shoved out the door.
Here's an thought about the difference between a liberals / progressives in charge of a company, and a more conservative leadership. Liberal / Progressive will give raises to everyone no matter whether their performance shows they deserve recognition with a raise or not. A more Conservative leadership team will give raises on a regular interval based upon the employee's performance.
Stockholder’s lost money, again. Forget the dividend increases, those are just
another smoke and mirrors routine to keep shareholder’s eyes off the problems
of declining sales, and profits.
How Much Did You Lose?
Based on Fiscal Year 2015: Your shares began the fiscal year at $84.98 and ended the fiscal year at $66.36, a loss of $18.62 per share or 21.91%.
Based on Calendar Year 2015: Your shares began the calendar year at $86.27 and ended the year at $60.41, a loss of $25.86 per share or 29.98%.
Plus for the 13th year in a row, no stock split.
How To Get Walmart Back Out Front?
This one is ludicrously easy, and to coin one of
Walmart’s iconic sale routines, it is time to “Rollback”!
Rollback 10 plus years of stupid liberal,
progressive idea after idea.
Step One – Reduce Management Ranks & Eliminate Bad Managers
Management ranks at Walmart swelled when the liberal
progressives took over. While steps have
been taken to thin those ranks, not enough has been done.
Along with that, there are still plenty of
members of management that do not walk and talk the classic Walmart ways. It is time to weed them out once and for
all. Poor management causes customer
dissatisfaction, decline in sales, and
high employee turnover, just to name a
few.
Step Two – Associate Power
It is past time to get stores staffed again. No one wants to wait in a check out line, or
worse yet, try to deal with those stupid self check outs.
Step Three – Get Shelves Stocked
An ongoing issue that must be resolved for once
and for all
Step Four – Eliminate Centralized Scheduling
Return scheduling to the store management teams,
period. Realize to get the best people,
a company MUST be flexible. Too many
companies are not, including Walmart.
Step Five – Eliminate Task Manager
Task manager is another expensive tool that does
not boost productivity, it decreases it.
Previous system in place worked far better than Task Manager ever
has. It also puts more staff back on the
floor, as without Task Manager, no management needs to sit at computer and
watch over it, nor do associates have to constantly go to a computer to update
their status.
Step Six – LAYAWAY!
I cannot say this enough, Walmart’s decision to
eliminate Layaway was a BIG Multi Billion Dollar Sales (loss) MISTAKE!
We have a bad economy, and it will not be getting
any better any sooner.
Restoring layaway now will provide an immediate
sales boost and return shoppers to Walmart that have gone elsewhere that offers
layaway.
Step Seven – Address Associate Issues Present & Past
The primary reason union backed groups like Our
Walmart have gained power is the fact Walmart has been addressing associate
issues with the “if we ignore it, it will go away” tactic.
Walmart must address associate concerns, and
problems, immediately.
To this date, It’s Not Sam’s Walmart, knows of an
associate that has never been contacted by the Home Office leadership regarding
an issue where he was called “gay” in an Omaha
store in 2012.
We know of numerous other issues, where Walmart
has done the wrong thing, ignore the problem, instead of the right thing.
What About Benefits?
Healthcare - With Obamacare,
Healthcare insurance at any big company, stinks. Obamacare’s main job is to put so much of the
cost of healthcare upon you, the insured, that you will be forced to join one
of the exchanges.
If you do not understand that Obamacare is all
about wiping out company sponsored healthcare, then you do not understand what
is going on in our country.
Admittedly, Walmart could be doing more. If Mr. Sam was still alive, he would be
pushing back against this as it takes away from what his company could be doing
for his associates.
Raises – Associates must earn raises
through a fair and balanced system, period.
Blanket raises to quiet down union funded groups like Our Walmart, do
not work. All those do is increase
costs, and give those underperforming associates no reason to improve.
Walmart’s annual review system must be improved
and simplified.
Reach Out To Former Associates, Get Them Back!
There are tens of thousands of former Walmart
associates out there that left in disgust.
Not only do we need a “rollback” to Mr. Sam’s rock solid business model,
we need those associates to make it happen.
Only way Walmart can get back to the front and be
the leader is by doing all of these things
How Do We Make Change?
First and most important step, if you are an associate
with Walmart stock, or a Walmart shareholder, vote against all directors,
either standing or nominated.
If you have already voted your proxy, you can
change your vote. Please do so by
Thursday, June 2nd.
Walmart is no longer a controlled company. With the failures over the past 10 years, the
Walton Family trusts and Family members control less than 50% of the
stock. They have to hope large holders
like Warren Buffet’s Berkshire Hathaway will vote their blocks of shares in
favor of the director’s decisions.
Change can be made!
Last But Not Least – We Do Not Need “Our Walmart” To Speak for Us!
Mr. Sam realized the awesome power of his
associates long ago, associates do not need Our Walmart or any other
organization to make change. I challenge
each and every one of you, whether you are in Bentonville this weekend for the
annual meeting, or in the stores, to join together and take this challenge to
make change to restore Walmart to the once great company it was when Mr. Sam
was in charge.
For It's Not Sam's Walmart Anymore, I'm Mark W.
Knowledge
is power!
It’s
Not Sam’s Walmart…..Anymore! is here for
one reason, to return Sam Walton’s beliefs, values, and trail blazing business spirit
, that stresses Customer Service and Value to Walmart!
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Important disclosure notice
Some articles for “It’s Not
Sam’s Walmart…..Anymore!” are written
by a 30 year shareholder of Walmart
Stores Inc., stock and former associate with over 10 years of service. This shareholder has no plans to purchase or
sell any shares of Walmart Stores Inc., and has not done so in the last 90
days.
