Self-Motivation
David Goggins
Former Navy Seal
Career Development
Bryan Cranston
Actor
Critical Thinking
Liv Boeree
International Poker Champion
Emotional Intelligence
Amaryllis Fox
Former CIA Clandestine Operative
Management
Chris Hadfield
Retired Canadian Astronaut & Author
Learn
from the world's big
thinkers
Start Learning

What Business Leaders Can Learn From Wal-Mart

Topic: What Business Leaders Can Learn From Wal-Mart

 

Chip Conley: Well, I wrote that having to post about, should the government outsource its operations to Wal-Mart. I wrote it on April fools. I wrote it on April first. But actually there was a certain tongue and cheek that I meant it there, in a sense that, one of the altruisms about the White House today and Obama’s very ambitious goals is it’s big. There’s a lot to be done. Whether it’s in the environment, or healthcare, these are huge initiatives and what I was really pointing to there is beyond all the rhetoric and all of the finger pointing. I was one of those people who is slamming Wal-Mart and I have written in some of my books, slam Wal-Mart in some of my books.

But if you look at some of the transformation that company has gone through in the last three or four years, not just the stuff that’s about marketing but some of the intrinsic things they’re doing in terms of how they’re providing more health care to their own people, but they’re providing more cheap health care to their customers in the store. What they’ve done in the environmental level in terms of some of the new standards that they’ve created for themselves in terms of how they source products and how they actually package products. They forced companies like GE and Procter and Gamble to change their packaging of products to make it more green. So you have to look at them and say they’re starting to shift they’ve got such a bid footprint as a company that as they shift, they have big impacts out there. What I meant in that post was… I’m a huge fan of Barrack Obama and I want him to be successful, and I want him to do all of the things that he’s trying to do right now but in order to do all of that quickly and logistically well, why don’t we learn some lessons from Wal-Mart because Wal-Mart is the biggest logistical company in the world and they’re really good at it.

So I don’t think we should become, maybe we should buy Wal-Mart, maybe instead of buying AIG or instead of becoming a shareholder of all these bad bags, maybe we should become a shareholder of Wal-Mart. And then somehow collaborate with them in how they can actually take some of these big ideas and make them successful quickly.

 

Recorded on: April 14, 2009

 

Hotelier Chip Conley reflects on a recent article he wrote in praise of Wal-Mart.

Live on Tuesday | Personal finance in the COVID-19 era

Sallie Krawcheck and Bob Kulhan will be talking money, jobs, and how the pandemic will disproportionally affect women's finances.

Women who go to church have more kids—and more help

Want help raising your kids? Spend more time at church, says new study.

Pixabay
Culture & Religion
  • Religious people tend to have more children than secular people, but why remains unknown.
  • A new study suggests that the social circles provided by regular church going make raising kids easier.
  • Conversely, having a large secular social group made women less likely to have children.
Keep reading Show less

Bubonic plague case reported in China

Health officials in China reported that a man was infected with bubonic plague, the infectious disease that caused the Black Death.

(Photo by Centers for Disease Control and Prevention/Getty Images)
Coronavirus
  • The case was reported in the city of Bayannur, which has issued a level-three plague prevention warning.
  • Modern antibiotics can effectively treat bubonic plague, which spreads mainly by fleas.
  • Chinese health officials are also monitoring a newly discovered type of swine flu that has the potential to develop into a pandemic virus.
Keep reading Show less

Leonardo da Vinci could visually flip between dimensions, neuroscientist claims

A neuroscientist argues that da Vinci shared a disorder with Picasso and Rembrandt.

Christopher Tyler
Mind & Brain
  • A neuroscientist at the City University of London proposes that Leonardo da Vinci may have had exotropia, allowing him to see the world with impaired depth perception.
  • If true, it means that Da Vinci would have been able to see the images he wanted to paint as they would have appeared on a flat surface.
  • The finding reminds us that sometimes looking at the world in a different way can have fantastic results.
Keep reading Show less

Education vs. learning: How semantics can trigger a mind shift

The word "learning" opens up space for more people, places, and ideas.

Future of Learning
  • The terms 'education' and 'learning' are often used interchangeably, but there is a cultural connotation to the former that can be limiting. Education naturally links to schooling, which is only one form of learning.
  • Gregg Behr, founder and co-chair of Remake Learning, believes that this small word shift opens up the possibilities in terms of how and where learning can happen. It also becomes a more inclusive practice, welcoming in a larger, more diverse group of thinkers.
  • Post-COVID, the way we think about what learning looks like will inevitably change, so it's crucial to adjust and begin building the necessary support systems today.
Keep reading Show less
Quantcast