The debate continues over Walmart’s policies of outsourcing to China. alleged poor health benefits to its employees, law suit discrimination cases and the laundry list goes on and on..

Stop hating Walmart so much and learn from its Founder Sam Walton the core business values that make Walmart the success it is today. Walmart’s top 12 business strategies revealed.

http://www.walmartmovie.com/

1) Focus on improving how you do business.

2) Concentrate on making your business more efficient.

3) Know precisely the cost to do business in your market and then reduce your cost to do business in that market.

4) Never get so comfortable with your success that you forget to monitor your competition.

5) Measure your business transactions in “real time”

6) Monitor your inventory flow.

7) Make your employees feel like business partners. (Walton called all employees “associates”).

Never lose your focus on Integrity or your business’ core mission statement.

9) Obtain quality information from your customers at the time of the transaction that you can enter into a database for future use.

10) Be tough but fair.

11) Develop systematic tools and strategies to implement in your business.

12) Talk to your buyers so you sell them what they want not what you think they want.

If your business routinely and consistently follows these strategies your business will survive in this tough economy.