Walgreen Store Speech or Presentation Example | Topics and Well Written Essays - 2250 words

Walgreen put in - Speech or Presentation ExampleLikewise, the kind of training the managers receive before they are assumption that vex would be identified. A SWOT compendium of Walgreens would finally be presented, as required. The lead position in any business endeavor depends on an interplay of factors that ensure an organizations success. The CBS Interactive headache Network (2011) released a report conducted by the Drug Store News on the top 30 retail pharmacy chain in the United States and revealed that Walgreens topped all other retail stores in terms of sales in 2004. Second in line is CVS Caremark. However, in the 2010 Drug News Report, the override was eminent CVS overtook the leadership over Walgreens (Drug Store News, 2010). In this regard, the essay aims to proffer a comparative analysis of these two different major retailers of pharmaceutical drugs in terms of determining the significant differences or similarities in management styles and mode of operation.... TR AINING PROGRAMS Walgreens robust training programs in place to give our team members either opportunity to explore their interests and reach their goals from informal enrichment and mentorships to formal certification and training (Walgreens Training Programs, 2011, pars. 1 & 2) CVS 50 training and development programs exist across the Company, including our Emerging leadership Program (where) Participants attend development sessions center on leadership competencies and buildingfunctional skills and knowledge. They are also provided with on-the-job experiences and opportunities to further enhance their leadership skills. Throughoutthe development process, they have access to coaches who support their growth as leaders (CVS Opportunities, 2011, pars. 1 & 3). Employees in both Walgreens and CVS are highly motivated given the vast opportunities for development done availment of training programs that could leave productive careers as leaders and in managerial positions in the futu re. At Walgreens, for example, professional development is hike up through both lateral and vertical movements that expand experience and training in various fields, honing employees skills check to their interests and goals. At CVS, through internal promotions and the sheer volume and quality of training programs, employees talents and skills are developed through their career service at the organization. As indicated, leaders are developed through the Emerging Leaders Program at CVS and through enrichment, mentorship, formal certification and training at Walgreens. Exemplary performances are duly rewarded in both organizations. At CVS, the rewards and recognition programs are as follows Paragon Award (the highesthonor a colleague can achieve within