Executive summary for a business article Essay 2. WRITE a 1-page, single-spaced summary of the business article that follows the template examples in the Executive Summary folder on eLearning. The audience for this article should be an executive who asked for a summary of the article. The summary should give the key points of the article and enough of the supporting information that an executive would ‘get the point’ from your summary and not need to read the entire article. The assignment must be formatted like one of the examples and cannot exceed one page. 3. Include at the bottom of your page what publication your article is from and the date of publication. EXAMPLE “Wal‐Mart’s Out of Control Crime Problem is Driving Police Crazy” By Shannon Pettypiece & David Voreacos Executive Summary by Random Rowland Overview The subtitle for this article by Shannon Pettypiece and David Voreacos is “The Retailer’s Aggressive Cost‐ Cutting Has Unintended Consequences,” but the article’s primary message seems to be that Wal‐Mart stores not only serve as a place which concentrates crime, but that Wal‐Mart is coasting on police services paid for by taxpayers. Police at Stores 24/7 ￼Interviews with police officers stationed at Wal‐Mart stores refute executives’ claim that their drive to cut crime is working. Because of the hundreds of thousands of offenses at Wal‐Marts each year, many of them violent, police are having to basically station themselves at stores and become part of the stores’ security forces. Tulsa PD: One City Officer Darrell Ross of the Tulsa, OK police department works up to ten hours a day out of the security office of a Tulsa Wal‐Mart Supercenter. He is there so much of the time that his colleagues call him “Officer Wal‐Mart.” Executive summary for a business article Essay In the short time that Ross was being interviewed for this article, he dealt with an 18‐year‐old at the Supercenter who shoplifted and then an elderly woman who attempted to buy goods with fake gift cards. The woman turned out to be carrying marijuana and had five warrants for her arrest. Ross said that this was typical. In fact, “the call log on the store stretches 126 pages, documenting more than 5,000 trips to the store over the past five years. Last year police were called to the store and three other Tulsa Wal‐Marts just under 2,000 times. Executive summary for a business article Essay By comparison, they were called to the city’s four Target stores about 300 times.” ￼ National Data . There is about one violent crime per day at a Wal‐Mart store in the United States (over 200+ documented). These crimes are attempted shootings, attempted kidnappings, murders, or multiple stabbings. The petty ￼￼crimes (misdemeanors) range in the hundreds of thousands. ￼Corporate Campaign to Reduce Crime Wal‐Mart CEO Doug McMillan took charge in February 2014, and he’s led an effort to reduce crime by moving employees within stores and adding surveillance technology that includes data analytics. He has tried to cut down on calls to police for shoplifting by moving some of that in‐house, where first‐time offenders can avoid police and a record by attending a theft‐prevention program. The store is also hiring more security (and more qualified security) at some locations. Executive summary for a business article Essay Police chiefs interviewed said that they were not seeing much impact; McMillan agreed that there were problems and said, “We can do better.” ￼￼ Impact/Significance This multi‐billion dollar retailer, one of the biggest in the world, is outsourcing some of its security by bringing police in‐house. Wal‐Mart can be, literally, a more dangerous place to be than other retail locations. How do retailers maintain their bottom lines while also addressing the serious issues that arise from their business practices and the customers they attract?