Sam Walton was a master storyteller who used illustrative stories to reinforce his cultural standards.

The key to competing and surviving against Wal-Mart is to focus your business into a niche or pocket where you can leverage your strengths in the local marketplace.

Servant leadership is the foundation and the secret of Sam Walton's ability to achieve team synergy.

When you compete with Wal-Mart, even if you think you've found a niche don't ever become complacent.

Sam Walton's values are: treat the customer right, take care of your people, be honest in your dealings, pass savings along to the customer, keep things simple, think small, control costs and continuously improve operations.

The key to Operations at Wal-Mart is their ability to maintain the highest standards while at the same time getting things done with lockstep execution.

Sam Walton was a master storyteller who used illustrative stories to reinforce his cultural standards.