Made in America by Sam Walton
What a great book this has been. I picked this book a few weeks back, I started reading it immediately during my travels and I finished it yesterday night. What a book, the style and language are so well written and direct, that you feel Mr Sam Walton (Founder Walmart) is actually speaking to you. The recollection by the colleagues of Mr Walton who had worked with him during each of the key steps in the journey of Walmart was interesting and takes us to the moments in history.
If the numbers that Wal-Mart have achieved ($53 billion in annual sales) when Mr Walton wrote the book were impressive and unbelievable; it is even more staggering now ($310 billion in annual sales, 1.6 million associates). There are some ideas of Mr Walton that need a little fine-tuning for the 21st Century, but the basic ideas he outlines are still very much relevant. His experience on how he built Walmart is a fascinating read. This is an excellent book that must be read by every entrepreneur – especially those who are thinking of starting a business. It should be (if it isn’t already) made a textbook for all business education streams. My sincere thanks to Late Mr Sam Walton for fighting his disease in his last days and managing to write this book. I am afraid to think of the amount of wisdom that would have been lost if he succumbed to death (in 1992) earlier and never completed this book.