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Sam Walton, A Visionary Entrepreneur

Author

Listed:
  • Ștefan CATANĂ

    (Faculty of Business and Administration, University of Bucharest, Bucharest, Romania)

  • Cătălin V. GRĂDINARU

    (Faculty of Business and Administration, University of Bucharest, Bucharest, Romania)

  • Sorin-George I. TOMA

    (Faculty of Business and Administration, University of Bucharest, Bucharest, Romania)

Abstract

In nowadays society, entrepreneurs play an essential role in thinking about new visionary businesses and in their long-term development. Presenting successful business models is essential to understanding the sustainable businesses, as well as to inspire new entrepreneurs. The goals of the paper are to define the concept of visionary entrepreneur and to present the case of Sam Walton, one of the famous American entrepreneurs. The methodology was based on a quantitative research method and a case study. The paper underlines the mentality and the spirit of the successful entrepreneur and his vision about business, in general, and, especially, about retailing. The paper contributes to a better understanding of the concept of “visionary entrepreneur”. Also, it shows that Sam Walton was one of the most important entrepreneurs worldwide.

Suggested Citation

  • Ștefan CATANĂ & Cătălin V. GRĂDINARU & Sorin-George I. TOMA, 2020. "Sam Walton, A Visionary Entrepreneur," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 16, pages 113-117, December.
    • Handle: RePEc:cmj:networ:y:2020:i:16:p:113-117
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    References listed on IDEAS

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    1. Sorin-George Toma & Paul Marinescu & Catalin Gradinaru, 2017. "Successful Entrepreneurs: Mark Elliot Zuckerberg," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 26(1), pages 157-162, December.
    2. repec:but:manage:v:17:y:2013:i:1:p:260-269 is not listed on IDEAS
    3. Sorin-George Toma & Paul Marinescu & Ionut Constantin & Daniel Costea, 2019. "Beyond Charismatic Leadership: The Case of Jack Ma," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 29(1), pages 99-105, December.
    4. Preller, Rebecca & Patzelt, Holger & Breugst, Nicola, 2020. "Entrepreneurial visions in founding teams: Conceptualization, emergence, and effects on opportunity development," Journal of Business Venturing, Elsevier, vol. 35(2).
    5. Sandra Waddock & Erica Steckler, 2016. "Visionaries and Wayfinders: Deliberate and Emergent Pathways to Vision in Social Entrepreneurship," Journal of Business Ethics, Springer, vol. 133(4), pages 719-734, February.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Cătălin Grădinaru & Sorin-George Toma & Ștefan Catană & Gabriela Andrișan, 2020. "A view on transformational leadership: The case of Jeff Bezos," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 93-100, December.
    2. Sorin-George TOMA & Catalin GRADINARU & Stefan CATANA, 2022. "How The Most Profitable Companies Operating In Romania Evolved In The Period 2017-2020," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 7(2), pages 33-40.
    3. Gabriela Andrisan & Andra Modreanu, 2022. "Achieving Business Success in the Fourth Industrial Revolution: The Case of Procter & Gamble," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 482-490, September.
    4. Sorin-George TOMA & Ştefan-Alexandru CATANĂ, 2021. "Innovative Entrepreneurship In The Business Of Electronics: The Case Of Samsung Company," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 18, pages 131-135, December.
    5. Sorin-George TOMA, 2023. "Whisky, A Tasty Business," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 8(3), pages 28-34.
    6. Ştefan-Alexandru CATANA & Sorin-George TOMA, 2021. "Entrepreneurship In The Hospitality Industry. Case Study: Marriott International," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 27, pages 221-225, December.
    7. Stefan-Alexandru Catana & Sorin-George Toma & Catalin Gradinaru, 2021. "Larry Page and Internet Entrepreneurship," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 239-243, December.
    8. Theodora Enache, 2020. "The impact of the archival revolution in history and entrepreneurship," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 70-74, December.
    9. Sorin-George Toma & Stefan-Alexandru Catana & Catalin Gradinaru, 2022. "Competitive Business Strategies In Global Retailing: The Case Of Wal-Mart," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 106-112, February.
    10. Stefan-Alexandru Catana & Sorin-George Toma & Catalin Gradinaru, 2022. "Marketing Simulations In Business Education," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 201-205, February.
    11. Sorin-George TOMA, 2023. "Enzo Ferrari, A Successful Industrialist And Entrepreneur," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 8(2), pages 125-131.
    12. Stefan Catana & Sorin-George Toma & Catalin Gradinaru & Zainea Loredana Nicoleta, 2020. "HOW WERE BANKS INVOLVED IN SUPPORTING ROMANIAN SMEs DURING THE COVID-19 PANDEMIC?," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 15-19, October.
    13. Catalin Gradinaru & Sorin-George Toma & Stefan-Alexandru Catana, 2022. "Market Research In Marketing Simulations," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 77-81, August.
    14. Sorin-George Toma & ?tefan Catana, 2022. "The Evolution Of The Largest Companies Operating In Romania In The Period 2016-2020," Management Strategies Journal, Constantin Brancoveanu University, vol. 56(2), pages 155-162.

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    More about this item

    Keywords

    Visionary entrepreneur; Sam Walton; Wal-Mart; Company;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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