Walmart CEO Doug McMillon: ‘We could go away at any minute’

Posted by & filed under Communication, Control, Decision Making, Leadership, Management.

Description: Walmart is constantly evolving to avoid dying off, as plenty of other retailers have, according to the company’s chief executive officer. “Walmart is not arrogant,” CEO Doug McMillon said at CNBC’s Evolve Summit in Los Angeles on Tuesday morning. “We could go away at any minute. I think most of us act that way every day. If you’re not willing to fail — and we are failing at…

Walmart CEO Doug McMillon: ‘We could go away at any minute’ from CNBC.

Source: CNBC.com – video report

Date: Nov 24, 2019

Link: https://www.cnbc.com/video/2019/11/25/walmart-ceo-doug-mcmillon-we-could-go-away-at-any-minute.html

Questions for discussion:

  • How do you interpret the statement made by CEO Doug McMillon?
  • How do you think this managerial attitude filters down throughout the organization?