The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c
- Cognitive: Workers are encouraged to start a Strategic Change. - Limited Resources: Changes are not cheap, but a good investment is required in order to see improvements. - Motivation: The Status Quo (the old fashion way to think and work) needs to be abrogated, project shareholders should be motivated, changes are a good tool. - Institutional Politics: New ideas are great. Bureaucracy, in general, doesn't help to improve the new propositions. A strategic change needs new internal politics. In my experience, old fashion ways, are in some cases a comfort zone. If it is not broken, don't fix it, they say. However, in many cases, we don't know what is broken. At a new job I've just started last month, things worked nearly fine, but a lot of failures were masked by many bad habits. Now is time to change. The financial department is looking for new customers, now is time to grow all the company from the ground to the top. Many changes are critical, workers need