10 Rules of Sam Walton
A nice article in today's Economic Times - Corporate Dossier that I thought should share it with you.
Sam Walton, founder of Wal - Mart and the most successful businessman in the world, (a retired Army officer to founder of the richest organisation in the world) reportedly followed a set of rules to which he has credited his success not only in his business but also his life.
Rule #1: COMMIT to achieving success and always be passionate.
Rule #2: SHARE your success with those who have helped you.
Rule #3: MOTIVATE yourself and others to achieve your dreams.
Rule #4: COMMUNICATE with people and show you care.
Rule #5: APPRECIATE and recognise people for their effort and results.
Rule #6: CELEBRATE your own and others accomplishments.
Rule#7: LISTEN to others and learn from their ideas.
Rule#8: EXCEED the expectations of others by setting high standards.
Rule#9: CONTROL your expenses and save your way to prosperity.
Rule#10: SWIM UPSTREAM, be different, and challenge the status quo.
We can see from the his rules that
Rule#1: Commitment as leader
Rule#2: Serving Customers
Rule#9: Controlling expenses
Rule#10: Risk - taking
Rule#3 to 8 How to treat people
As we can see Sam Walton put so much emphasis on people, and that is the reason for his success. He called the HR department at Wal- Mart as "People Division" . A great lesson for all of us to follow indeed.
Sam Walton, founder of Wal - Mart and the most successful businessman in the world, (a retired Army officer to founder of the richest organisation in the world) reportedly followed a set of rules to which he has credited his success not only in his business but also his life.
Rule #1: COMMIT to achieving success and always be passionate.
Rule #2: SHARE your success with those who have helped you.
Rule #3: MOTIVATE yourself and others to achieve your dreams.
Rule #4: COMMUNICATE with people and show you care.
Rule #5: APPRECIATE and recognise people for their effort and results.
Rule #6: CELEBRATE your own and others accomplishments.
Rule#7: LISTEN to others and learn from their ideas.
Rule#8: EXCEED the expectations of others by setting high standards.
Rule#9: CONTROL your expenses and save your way to prosperity.
Rule#10: SWIM UPSTREAM, be different, and challenge the status quo.
We can see from the his rules that
Rule#1: Commitment as leader
Rule#2: Serving Customers
Rule#9: Controlling expenses
Rule#10: Risk - taking
Rule#3 to 8 How to treat people
As we can see Sam Walton put so much emphasis on people, and that is the reason for his success. He called the HR department at Wal- Mart as "People Division" . A great lesson for all of us to follow indeed.
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