Transcription
We speak in the order we think things are important. Right? So, the next time somebody apologizes to you or the next time somebody like we speak in the order we think that we prioritize information. We can't help it. So, pay attention.
And so, I'm constantly listening to CEOs. Like I've never met a CEO who doesn't believe their people are important. All of them do. My question is where on the list? All right. Number one, growth. Number two, shareholder value. Number three, you know, our customer. Number four, our our employees. There it is. It's my top four. That means growth is more important than a than an employee. You told me.
And so, and I I went and when I was researching Mike Duke versus Doug McMillon. Mike Doug McMillon is the current CEO of Walmart. He's awesome. His predecessor, Mike uh Mike Duke, literally changed the incentive structures of how he incentivized his store managers to benefit himself at their expense. He put so much pressure on that company to make money. I went to the Walmart shareholder meeting. And the head of people stood up and talked about financial growth. Where did that come from? Pressure from the CEO. That's where it came from.
Anyway, uh so, just out of curiosity, I went and read the statements the the press statements that are written by their internal the PR departments, but the CEOs will have a say. I went and read the first statement that Mike Duke put out when he became CEO, and I went and read the first statement that Doug McMillon put out when they when he became CEO, and something was amazing. Mike Duke's statement, literally, word for word, says um "I'm so excited for us to exceed our financial plans, and we will do with the the help of our people." And Doug McMillon says, "I'm so excited to take care of our people, and when we do, we will meet and exceed our financial plans." And it literally tells you which what they're prioritizing.