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Illustrating Growth Strategies - Walmart the Movie
23rd October 2009
Often a visual stimulus is a great way to make the point in a business lesson - and here is a terrific resource you could use to illustrate the concept of organic growth…
On July 2, 1962, Walton opened the first Wal-Mart Discount City store located at 719 Walnut Ave. in Rogers, Arkansas. The rest, as they say, is history. Wal-Mart is now the largest private employer and the largest grocery retailer in the United States.
The data visualisation shows how the store opening programme operated. A small green circle appears each time a Walmart is opened during the relevant year. Watch how the openings were slow at first, concentrated around a limited geographical area - then spread like wildfire. The classic case study in rapid and successful organic growth.