A Quote by Doug McMillon
Walmart was built on the idea that we could give our customers access to the items they need every day at the lowest prices by eliminating waste and managing our expenses better than the competition.
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Our great country was founded on hard work and competition. That sense of grit is the main principle in our free-market economy where consumers have choice, because competition breeds choice, better quality, and better prices for customers.
Our focus is to see that we are growing faster than the industry and, whichever product we launch, we do better than competition. We try and manage our operations better than competition. Essentially, we try to be better than what we were the previous year.
We want the best prices we can give our customers, with all our products... But it really is about the quality first and the experience.
Our focus is on the customers and improving their experience. We believe that if we do that well, competition, prices, and profits will all take care of themselves.
To tackle the prescription drug affordability crisis, we need to understand how high costs are directly impacting the people in our communities and in our neighborhoods - and we need to redouble our resolve to pass meaningful legislation that can lower prices and stimulate competition across the industry.
We see our customers as invited guests to a party, and we are the hosts. It's our job every day to make every important aspect of the customer experience a little bit better.
Customers want to explore. But they need to have easy access to items they choose to use all the time. The historic trade-off between price and service has been altered by technology and customers expect to save time and enjoy the experience while saving money.
I think it's important to remember that an artist could be at the center of healing our problems because, every day, that's what we do. Every day, our job is to make something that wasn't there before. We're kind of built to go into situations that need a kind of fresh thought to solve them so I'm happy about that and I would encourage anyone with any problem in the world that needs to be solved to consider having any person in the creative arts be at the core of its solution. I think that's one of our unused or untapped values.
Our job is to make change. Our job is to connect to people, to interact with them in a way that leaves them better than we found them, more able to get where they'd like to go. Every time we waste that opportunity, every page or sentence that doesn't do enough to advance the cause is waste.
Our days are numbered. One of the primary goals in our lives should be to prepare for our last day. The legacy we leave is not just in our possessions, but in the quality of our lives. What preparations should we be making now? The greatest waste in all of our earth, which cannot be recycled or reclaimed, is our waste of the time that God has given us each day.
We built Bonobos, with more than a few dozen customers and counting, and the industry we were disrupting didn't seem to care. Then we 'sold out' to Walmart. Abracadabra. The red carpet rolled open.
What is excellence? It is about going a little beyond what we expect from ourselves. Part of the need for excellence is imposed on us externally by our customers. Our competition keeps us on our toes, especially when it is global in nature.
Knowing more about numbers and being acquainted with them will not only enrich our lives but also contribute towards managing our day to day affairs much better.
Notice carefully every word here. It is not our prayer which draws Jesus into our hearts. Nor is it our prayer which moves Jesus to come in to us. All He needs is access. He enters in of His own accord, because He desires to come in. To pray is nothing more involved than to let Jesus into our needs, and permitting Him to exercise His own power in dealing with them. And that requires no strength. It is only a question of our wills. Will we give Jesus access to our needs?.
When we can't hold back, or set boundaries, on what comes from our lips, our words are in charge-not us. But we are still responsible for those words. Our words do not come from somewhere outside of us, as if we were a ventriloquist's dummy. They are the product of our hearts. Our saying, "I didn't mean that," is probably better translated, "I didn't want you to know I thought that about you." We need to take responsibility for our words. "But I tell you that men will have to give account on the day of judgment for every careless word they have spoken" (Matt. 12:36).
There are only two sources of competitive advantage: the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
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