Doug McMillon is a Walmart lifer. He started loading trucks at a Walmart warehouse as a teenager trying to pay for college. He is now the company's CEO. Just two weeks ago, Walmart topped the Fortune 500 for the 10th year in a row. In this episode, McMillon and Leadership Next's Alan Murray discuss how record-high inflation, conflict in Ukraine and supply chain snarls are affecting Walmart’s business.
McMillon elaborates on Walmart’s plans to become a regenerative company, detailing the environmental impact that transformation will have. And, to critics who say today's CEOs invest too much time in the planet and other external stakeholders, he has this to say:
“I think it all boils down to timeframe. Yes, we are here to provide a return for shareholders. The best way to provide a return for shareholders over time, is if you have strong communities, associates that are well compensated and happy with their jobs and excited about their futures. A planet that works.”
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33m ·
Doug McMillon on Walmart's Regenerative Future
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Leadership Next
Something big is happening in the world of business. CEOs increasingly say their jobs have become less about giving orders, more about inspiring, motivating, setting a north star. They are taking the lead on big issues like climate change, worker retraining, and diversity and inclusion. They are under pressure from employees, customers and investors not just to turn a profit, but to prove they are doing good in the world. And in the process, they are fundamentally redefining the relationship between business and society. Join Fortune CEO Alan Murray and Senior Editor Ellen McGirt as they probe the best of these leaders for insight into what they're doing, why they're doing it, and what impact it is having.
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@yames check this podcast out its a great one
·9 likes·
The part where he mentions that he wants to be adopted by a more functional family even at 45 yrs really hits home. Really delineates how no matter how old and independent you are, you still need love and support.
6 months ago·2 likes·
The part where he mentions that he wants to be adopted by a more functional family even at 45 yrs really hits home. Really delineates how no matter how old and independent you are, you still need love and support.
6 months ago·10 likes·
139 Subscribers
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