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Walmart’s Learning and Growth Objectives
Wal-Mart Stores, Incorporated (Walmart), as a global retail store is mandated to develop new strategies that increase its competitiveness. Other than optimizing their strategies to improve their business processes, they need to focus on the learning and growth perspective as defined in the balanced scorecard approach. In this approach the company need to develop strategies that target how its intangible assets, mainly the capabilities of its employees, internal skills, and information systems in regard to how they can aid the company in supporting their value-creation internal processes and its other objectives. This essay focusses on how Walmart can improve its overall strategy by creating measurable and achievable objectives under the learning and growth perspective of the balanced scorecard.