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Group II
WalMart Stores, Inc.
American multinational retail corporation
 Owns and operates large discount department stores
and warehouses
 The world's second largest public corporation (Fortune
Magazine 2013)
 Largest private employer (with over two million
employees)
 The World’s largest overall retailer

Group II: Corporate Structures of Communication

2
Samuel Moore
Walton, Founder
& first CEO
Born on March 29, 1918 in
Kingfisher, Oklahoma.
Attended the University of
Missouri, 1940
Served as a Captain during
WWII in the U.S. Army
Intelligence Corps (19421945)
Gained his first retail
experience in management
at JC Penny
Opened his first Walton’s
Five and Dime store in
Bentonville, AR, in 1951
Group II: Corporate Structures of Communication

3
Headquartered in Bentonvillie, AR, Walmart owns and operates 4,158
retail stores and 612 Sam’s Club wholesale stores in the United States;
and 6,330 stores throughout the rest of the world.

Group II: Corporate Structure of Communication

4
Business Structure
Three main business divisions:
Wal-Mart Stores United States
Wal-Mart International
Sam’s Club

Group II: Corporate Structure of Communication

5
Structure of Divisions
 consists of an overall president and chief executive officer
 board of directors
 Chairman
 Chief Information Officer
 Chief Financial Officer
 Chief Operating Officer

Additionally, there are three CEOs who oversee each business
division (Walmart United States, Sam’s Club, and Walmart
International).
Group II: Corporate Structure of Communication

6
Board of Directors

Consist of a 16-member board of directors
 a team of intelligent, diverse, and highly skilled

business leaders and professionals






protects the interests of shareholders
communicates the concerns of investors
responsible for electing the overall president and CEO of
the company
are paid in stock, rather than cash, for their duties.

Group II: Corporate Structure of Communication

7
Board of Directors(CONT.)
Among its 16-member panel, the current
Board of Directors includes(clockwise):
 Emeritus Professor of Business
Administration at Harvard Business
School James I. Cash Jr.
 Retired Chairman and CEO of the

Coca-Cola Company Douglas N. Daft

 Chairman and CEO of The Williams

Capital Group, L.P. Christopher J.
Williams,

 President and CEO of Yahoo! Inc.

Marrisa Mayer,

Group II: Corporate Structure of Communication

8
The Structure & Flow of
CommunicationDirectors, and the
Communication between shareholders, the Board of
executive management team flow through several modes:
 mail correspondence
 Internet correspondence
 annual shareholders’ meeting (in the state of Arkansas)
External-operational communication, including:
 release of quarterly earnings
 future retail and consumer conferences
 annual investment meetings
 environmental summits

All are made available in advance to shareholders through mailings and
audio-recordings, and are also posted to the company’s web site

Group II: Corporate Structure of Communication

9
A Vector for Success

The success of Walmart can be attributed to its:
 careful alignment with the interests and needs of its
consumers & investors
 prudence in communicating and implementing
changes
 the strength of its internal and external operational
communication modes
Group II: Corporate Structure of Communication

10
Berkshire Hathaway, Inc.
 Berkshire Hathaway is an American multinational

conglomerate holding company headquartered in
Omaha, Nebraska.
 oversees and manages a large number of subsidiary
companies, including:
 Geico
 Dairy Queen
 Fruit of the Loom

Group II: Corporate Structure of Communication

11
Warren Edward
Buffett,
Chairman & CEO
Born on August 30, 1930 in
Omaha, Nebraska
Attended the University of
Nebraska-Lincoln &
Columbia Business
School(in New York City)
Named the top money
manager of the Twentieth
Century (by Carson
Group) and the most
influential global thinker
(in Foreign Policy's 2010
report)
Spearheads numerous
philanthropic endeavors
Group II: Corporate Structure of Communication

12
Board of Directors

 Presently consists of 12 members:
 Two management directors
 Two non-management
 Eight independent directors

 Consists of three committees:
 Audit and Governance
 Compensation and Nomination
 Executive
 Both the Audit and Governance & the Compensation and Nomination

Committees consist solely of independent directors

 The Company is required to elect a majority of directors who are

independent

Group II: Corporate Structure of Communication
13
Structure of Communication
 Communication with shareholders is carried out

through two distinct modes:
 Annual reports

 Annual meetings

 The organizational communication structure can be

characterized as horizontal:
 the flow of messages across functional areas at a given

level, allowing those at the same level to engage more
directly
Group II: Corporate Structure of Communication

14
Costco, Inc.
Costco Wholesale Corporation is an American
multinational membership-based warehouse club.
 Headquartered in Issaquah, Washington
 Provides a wide array of merchandise at prices
consistently below the traditional wholesale and retail
outlets
 Remains the third largest retailer and the largest
membership ware0house chain in the United States

Group II: Corporate Structure of Communication

15
Jim Senegal and
Jeffrey H.
Brotman,
Founders.
A San Diego City College
Alumnus, James Senegal
went on to earn a
Bachelor of Arts degree
from San Diego State
University
An attorney-at-law,
Jeffrey H. Brotman,
earned a Juris Doctorate
degree from the
University of
Washington
Both men founded the
first Costco warehouse
in Seattle, Washington
on September 15, 1983
Group II: Corporate Structure of Communication

16
Board of Directors
Consists of 13 members:
 One Co-Founder
 Chief Financial Officer
 11 Independent directors
 The Board has no size limits
 Members can vote on the number of seats at any time
 Nine of the members are external and spend their time

handling the Stock Exchange and S.E.C. requirements
for the company
Group II: Corporate Structure of Communication

17
Communication structure
 Costco has an analysis of three

levels:
 segments
 organizational structure
 ownership composition

 The entire board owns 2.4% of
the voting rights in the
company’s stock holdings
Group II: Corporate Structure of Communication

18
Google, Inc.
Google Inc. is an American multinational technology
company
 Located in Mountain View, CA.
 Focuses on connecting people with information at the
fastest speed possible
 Employs over 53 thousand people all worldwide
 Became publicly owned in August of 2004
 Is now considered one of the largest online search
engines, with a financial value of 50 billion dollars
Group II: Corporate Structure of Communication

19
Larry Page
& Sergey
Brin,
Founders
An Alumnus of the
University of
Maryland, Sergey Brin
went on to earn a
Master of Science
degree from Stanford
University
Larry Page has also
earned a Master of
Science from Stanford
University
Both men founded
Google, Inc. on
September 4, 1998

Group II: Corporate Structure of Communication

20
Growth & Transparency
 Publicly, Google is considered one of the “Darlings” of

Wall Street due to its public transparency and
providing the user with information at incredible
speeds
 With employees, stockholders, and investors all over

the world, Google has been a leader in providing to the
public new methods for business communication

Group II: Corporate Structure of Communication
21
Structure of Communication
 employees are encouraged to contact CEO Larry Page

or any other executive about company issues or ideas
 encourages its employees to interact within or outside

of their groups through the usage of worksite cafes
 resembles that of a startup business.
 empowers the employee to have an actual say in the
company
Group II: Corporate Structure of Communication

22
Communication with Shareholders
 Currently, the company has a 10-member board of

directors, which acts in the interests of shareholders
 The majority of the company’s conferences, quarterly

earning meetings, and annual stockholders meetings
are webcasted for its stockholders
 Stockholders may also request email notifications of
press releases and other news about the company

Group II: Corporate Structure of Communication

23
Amazon, Inc.
Amazon, Inc. is an American multinational (Fortune
500) company specializing in electronic commerce
 headquartered in Seattle, Washington
 is a “customer-centric” company with separate retail
sites dedicated to the United States, United Kingdom,
Canada, Spain, Italy, Germany, Japan, China, Mexico,
and India
 has an extensive global network of customer service
centers
 has a diverse range of product offerings
Group II: Corporate Structure of Communication

24
Jeff Bezos,
Founder &
CEO
Earned a Bachelor of
Science in
Engineering from
Princeton University
Gained much of his
business experience
during his time
working on Wall
Street for companies
like Banker’s Trust
and D.E Shaw & Co.
Founded
Amazon.com, Inc. in
1994

Group II: Corporate Structure of Communication

25
Organization & Structure
 Amazon’s corporate structure is multidivisional
 Amazon is split in to 7 segments
 Software development
 Retail product management
 Merchandising
 Finance
 Administration
 Operations and customer service
 Legal operations

 Each segment has an overseer that reports directly to the

Board of Directors

Group II: Corporate Structure of Communication

26
Organization(Cont.)
The Board of Directors is comprised of:
 Chief Executive Officer
 Chief Technology Officer
 Chief Financial Officer
 Director

Alaskan Cruises and Land Tours

27
Oversight & Compliance
 Amazon’s Audit Committee
 ensures that the company complies with all regulations
in its financial reporting processes
 requires that employees submit complaints of all
instances of abuse, misuse, or engagement in illegal or
questionable business practices
 helps the Board of Directors in verifying accuracy of
financial statements
 addresses all financial concerns

Group II: Corporate Structure of Communication

28
Internal-Operational
Communication Style
 The company’s communication structure is somewhat informal
 The most common way of communicating business-related

messages within Amazon is through e-mail
 employees are encouraged to voice any concerns directly to the

Board of Directors via e-mail

 The CEO regularly responds to employee e-mail messages and

concerns, as well.
 The company is constantly sending employees updates of legal

notices and product updates as well as day -to-day information
Group II: Corporate Structure of Communication

29
External-Operational
Communication Style
 Consumer data is compiled through online surveys to

evaluate how well the company meets its customers’
needs
 Enables more direct and effective potential changes
 Provides feedback in real-time
 Provides a user-friendly interface for customers

Group II: Corporate Structure of Communication

30
REFERENCES
WALMART, INC.
Dudley, Renee. Townsend, Matt. “Wal-Mart Names Doug McMillon CEO to Succeed Mike Duke.”
Bloomberg Business Report. Nov 25, 2013. http://www.bloomberg.com/news/2013-11-25/walmart-names-doug-mcmillon-ceo-to-succeed-mike-duke.html Retrieved: December 2, 2013.
"Sam's Club". Wal-Mart Stores, Inc. http://corporate.walmart.com/our-story/heritage/sam-walton
Retrieved: December 1, 2013.
WalMart 2012 Annual Report Sam’s Club. http://www.walmartstores.com/sites/annual-report/2012
Retrieved: December 2, 2013.
Zimmerman, Ann. "Rival Chains Secretly Fund Opposition to Walmart." The Wall Street Journal. JunE
7, 2010.http://online.wsj.com/news/articles/SB10001424052748704875604575280414218878150
Retrieved December 1, 2013.

Group II: Corporate Structure of Communication

31
REFERENCES(CONT.)
BERSKSHIRE HATHAWAY, Inc.
http://www.berkshirehathaway.com/govern/corpgov.pdf
http://www.berkshirehathaway.com/2010ar/201010-K.pdf
http://www.berkshirehathaway.com/ownman.pdf
http://retheauditors.com/2011/09/02/the-berkshirehathaway-corporate-governance-performance
Group II: Corporate Structure of Communication

32
REFERENCES(CONT.)
COSTCO, INC.
http://sec.edgar-online.com/costco-wholesale-corp-new/def-14aproxy-statement-definitive/1998/12/15/section2.aspx

http://www.studymode.com/subjects/costco-wholesaleorganization-structure-page1.html
http://www.marketwatch.com/investing/stock/COST/financials
http://www.wikinvest.com/stock/Costco_Wholesale_(COST)/Ann
ual_Meeting_Shareholders
Group II: Corporate Structure of Communication

33
REFERENCES(CONT.)
GOOGLE, INC.
http://investor.google.com/webcast.html

http://www.forbes.com/companies/google/financial/GOOG
http://www.google.com/about/company/facts/management
http://www.google.com/about/company/facts/culture
Group II: Corporate Structure of Communication

34
CREDITS
 WILLIAM T. HARCOURT, COLLABORATOR,

RESEARCHER & PRESENTATION CREATOR
 T. B., COLLABORATOR & RESEARCHER
 S. M., COLLABORATOR & RESEARCHER
 K. R., COLLABORATOR & RESEARCHER
 J. M., COLLABORATOR &RESEARCHER
Group II: Corporate Structure of Communication

35

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WalMart's Corporate Structure

  • 2. WalMart Stores, Inc. American multinational retail corporation  Owns and operates large discount department stores and warehouses  The world's second largest public corporation (Fortune Magazine 2013)  Largest private employer (with over two million employees)  The World’s largest overall retailer Group II: Corporate Structures of Communication 2
  • 3. Samuel Moore Walton, Founder & first CEO Born on March 29, 1918 in Kingfisher, Oklahoma. Attended the University of Missouri, 1940 Served as a Captain during WWII in the U.S. Army Intelligence Corps (19421945) Gained his first retail experience in management at JC Penny Opened his first Walton’s Five and Dime store in Bentonville, AR, in 1951 Group II: Corporate Structures of Communication 3
  • 4. Headquartered in Bentonvillie, AR, Walmart owns and operates 4,158 retail stores and 612 Sam’s Club wholesale stores in the United States; and 6,330 stores throughout the rest of the world. Group II: Corporate Structure of Communication 4
  • 5. Business Structure Three main business divisions: Wal-Mart Stores United States Wal-Mart International Sam’s Club Group II: Corporate Structure of Communication 5
  • 6. Structure of Divisions  consists of an overall president and chief executive officer  board of directors  Chairman  Chief Information Officer  Chief Financial Officer  Chief Operating Officer Additionally, there are three CEOs who oversee each business division (Walmart United States, Sam’s Club, and Walmart International). Group II: Corporate Structure of Communication 6
  • 7. Board of Directors Consist of a 16-member board of directors  a team of intelligent, diverse, and highly skilled business leaders and professionals     protects the interests of shareholders communicates the concerns of investors responsible for electing the overall president and CEO of the company are paid in stock, rather than cash, for their duties. Group II: Corporate Structure of Communication 7
  • 8. Board of Directors(CONT.) Among its 16-member panel, the current Board of Directors includes(clockwise):  Emeritus Professor of Business Administration at Harvard Business School James I. Cash Jr.  Retired Chairman and CEO of the Coca-Cola Company Douglas N. Daft  Chairman and CEO of The Williams Capital Group, L.P. Christopher J. Williams,  President and CEO of Yahoo! Inc. Marrisa Mayer, Group II: Corporate Structure of Communication 8
  • 9. The Structure & Flow of CommunicationDirectors, and the Communication between shareholders, the Board of executive management team flow through several modes:  mail correspondence  Internet correspondence  annual shareholders’ meeting (in the state of Arkansas) External-operational communication, including:  release of quarterly earnings  future retail and consumer conferences  annual investment meetings  environmental summits All are made available in advance to shareholders through mailings and audio-recordings, and are also posted to the company’s web site Group II: Corporate Structure of Communication 9
  • 10. A Vector for Success The success of Walmart can be attributed to its:  careful alignment with the interests and needs of its consumers & investors  prudence in communicating and implementing changes  the strength of its internal and external operational communication modes Group II: Corporate Structure of Communication 10
  • 11. Berkshire Hathaway, Inc.  Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska.  oversees and manages a large number of subsidiary companies, including:  Geico  Dairy Queen  Fruit of the Loom Group II: Corporate Structure of Communication 11
  • 12. Warren Edward Buffett, Chairman & CEO Born on August 30, 1930 in Omaha, Nebraska Attended the University of Nebraska-Lincoln & Columbia Business School(in New York City) Named the top money manager of the Twentieth Century (by Carson Group) and the most influential global thinker (in Foreign Policy's 2010 report) Spearheads numerous philanthropic endeavors Group II: Corporate Structure of Communication 12
  • 13. Board of Directors  Presently consists of 12 members:  Two management directors  Two non-management  Eight independent directors  Consists of three committees:  Audit and Governance  Compensation and Nomination  Executive  Both the Audit and Governance & the Compensation and Nomination Committees consist solely of independent directors  The Company is required to elect a majority of directors who are independent Group II: Corporate Structure of Communication 13
  • 14. Structure of Communication  Communication with shareholders is carried out through two distinct modes:  Annual reports  Annual meetings  The organizational communication structure can be characterized as horizontal:  the flow of messages across functional areas at a given level, allowing those at the same level to engage more directly Group II: Corporate Structure of Communication 14
  • 15. Costco, Inc. Costco Wholesale Corporation is an American multinational membership-based warehouse club.  Headquartered in Issaquah, Washington  Provides a wide array of merchandise at prices consistently below the traditional wholesale and retail outlets  Remains the third largest retailer and the largest membership ware0house chain in the United States Group II: Corporate Structure of Communication 15
  • 16. Jim Senegal and Jeffrey H. Brotman, Founders. A San Diego City College Alumnus, James Senegal went on to earn a Bachelor of Arts degree from San Diego State University An attorney-at-law, Jeffrey H. Brotman, earned a Juris Doctorate degree from the University of Washington Both men founded the first Costco warehouse in Seattle, Washington on September 15, 1983 Group II: Corporate Structure of Communication 16
  • 17. Board of Directors Consists of 13 members:  One Co-Founder  Chief Financial Officer  11 Independent directors  The Board has no size limits  Members can vote on the number of seats at any time  Nine of the members are external and spend their time handling the Stock Exchange and S.E.C. requirements for the company Group II: Corporate Structure of Communication 17
  • 18. Communication structure  Costco has an analysis of three levels:  segments  organizational structure  ownership composition  The entire board owns 2.4% of the voting rights in the company’s stock holdings Group II: Corporate Structure of Communication 18
  • 19. Google, Inc. Google Inc. is an American multinational technology company  Located in Mountain View, CA.  Focuses on connecting people with information at the fastest speed possible  Employs over 53 thousand people all worldwide  Became publicly owned in August of 2004  Is now considered one of the largest online search engines, with a financial value of 50 billion dollars Group II: Corporate Structure of Communication 19
  • 20. Larry Page & Sergey Brin, Founders An Alumnus of the University of Maryland, Sergey Brin went on to earn a Master of Science degree from Stanford University Larry Page has also earned a Master of Science from Stanford University Both men founded Google, Inc. on September 4, 1998 Group II: Corporate Structure of Communication 20
  • 21. Growth & Transparency  Publicly, Google is considered one of the “Darlings” of Wall Street due to its public transparency and providing the user with information at incredible speeds  With employees, stockholders, and investors all over the world, Google has been a leader in providing to the public new methods for business communication Group II: Corporate Structure of Communication 21
  • 22. Structure of Communication  employees are encouraged to contact CEO Larry Page or any other executive about company issues or ideas  encourages its employees to interact within or outside of their groups through the usage of worksite cafes  resembles that of a startup business.  empowers the employee to have an actual say in the company Group II: Corporate Structure of Communication 22
  • 23. Communication with Shareholders  Currently, the company has a 10-member board of directors, which acts in the interests of shareholders  The majority of the company’s conferences, quarterly earning meetings, and annual stockholders meetings are webcasted for its stockholders  Stockholders may also request email notifications of press releases and other news about the company Group II: Corporate Structure of Communication 23
  • 24. Amazon, Inc. Amazon, Inc. is an American multinational (Fortune 500) company specializing in electronic commerce  headquartered in Seattle, Washington  is a “customer-centric” company with separate retail sites dedicated to the United States, United Kingdom, Canada, Spain, Italy, Germany, Japan, China, Mexico, and India  has an extensive global network of customer service centers  has a diverse range of product offerings Group II: Corporate Structure of Communication 24
  • 25. Jeff Bezos, Founder & CEO Earned a Bachelor of Science in Engineering from Princeton University Gained much of his business experience during his time working on Wall Street for companies like Banker’s Trust and D.E Shaw & Co. Founded Amazon.com, Inc. in 1994 Group II: Corporate Structure of Communication 25
  • 26. Organization & Structure  Amazon’s corporate structure is multidivisional  Amazon is split in to 7 segments  Software development  Retail product management  Merchandising  Finance  Administration  Operations and customer service  Legal operations  Each segment has an overseer that reports directly to the Board of Directors Group II: Corporate Structure of Communication 26
  • 27. Organization(Cont.) The Board of Directors is comprised of:  Chief Executive Officer  Chief Technology Officer  Chief Financial Officer  Director Alaskan Cruises and Land Tours 27
  • 28. Oversight & Compliance  Amazon’s Audit Committee  ensures that the company complies with all regulations in its financial reporting processes  requires that employees submit complaints of all instances of abuse, misuse, or engagement in illegal or questionable business practices  helps the Board of Directors in verifying accuracy of financial statements  addresses all financial concerns Group II: Corporate Structure of Communication 28
  • 29. Internal-Operational Communication Style  The company’s communication structure is somewhat informal  The most common way of communicating business-related messages within Amazon is through e-mail  employees are encouraged to voice any concerns directly to the Board of Directors via e-mail  The CEO regularly responds to employee e-mail messages and concerns, as well.  The company is constantly sending employees updates of legal notices and product updates as well as day -to-day information Group II: Corporate Structure of Communication 29
  • 30. External-Operational Communication Style  Consumer data is compiled through online surveys to evaluate how well the company meets its customers’ needs  Enables more direct and effective potential changes  Provides feedback in real-time  Provides a user-friendly interface for customers Group II: Corporate Structure of Communication 30
  • 31. REFERENCES WALMART, INC. Dudley, Renee. Townsend, Matt. “Wal-Mart Names Doug McMillon CEO to Succeed Mike Duke.” Bloomberg Business Report. Nov 25, 2013. http://www.bloomberg.com/news/2013-11-25/walmart-names-doug-mcmillon-ceo-to-succeed-mike-duke.html Retrieved: December 2, 2013. "Sam's Club". Wal-Mart Stores, Inc. http://corporate.walmart.com/our-story/heritage/sam-walton Retrieved: December 1, 2013. WalMart 2012 Annual Report Sam’s Club. http://www.walmartstores.com/sites/annual-report/2012 Retrieved: December 2, 2013. Zimmerman, Ann. "Rival Chains Secretly Fund Opposition to Walmart." The Wall Street Journal. JunE 7, 2010.http://online.wsj.com/news/articles/SB10001424052748704875604575280414218878150 Retrieved December 1, 2013. Group II: Corporate Structure of Communication 31
  • 35. CREDITS  WILLIAM T. HARCOURT, COLLABORATOR, RESEARCHER & PRESENTATION CREATOR  T. B., COLLABORATOR & RESEARCHER  S. M., COLLABORATOR & RESEARCHER  K. R., COLLABORATOR & RESEARCHER  J. M., COLLABORATOR &RESEARCHER Group II: Corporate Structure of Communication 35

Notas do Editor

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