Slide 1-11 – Core Concepts
This case explains that just as people experience mid-life crises so does corporate America. Specifically, in my analysis, I will be examining Wal-Mart’s current issues. For three decades, Wal-Mart displayed phenomenal growth and great ability to stay ahead of the competition. However, just like most people experience a mid-life crisis in their mid-forties, Wal-Mart has taken a similar road. The mid-life crisis is a normal occurrence in the human and corporate maturation process (Bajpai, (2011). Symptoms associated with a mid-life crisis include, but aren’t limited to, lack of focus, drop in energy, and complacency with the societal norm instead of staying true to oneself (Meyer, 2012).Wal-Mart has displayed signs of each of these symptoms. The wear and tear of becoming the industry leader has led to the company’s fatigue, thus resulting in mismanagement and flux within its supply chain. As Wal-Mart continued to grow it increased inventories, despite the fact that the products weren’t a necessity and in doing so, lost effective inventory distribution. These decisions have led to increased stress and barriers which do not easily allow Wal-Mart to maintain its ...
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...ianco, A. (2007).Wal-Mart’s Midlife Crisis: Losing the Spark. Retrieved from
Kotler, P., Keller, L (2012). Marketing Management (14th ed). Upper Saddle River, NJ:
Lavietes, Stuart (2003). "Elliott Jaques, 86, Scientist Who Coined 'Midlife Crisis,' Is Dead."
Retrieved from Http://www.nytimes.com/2003/03/17/obituaries/17JAQU.html.
Meyer, C. (2012).Symptoms of Midlife Crisis. Retrieved from
Wal-Mart Stores, Inc. (2013). History Timeline. Retrieved from
Yaworksy, R. (2010).The Corporate Midlife Crisis: Losing the Spark. Retrieved from
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