Walmart 2007 Annual Report Download - page 15

Ther
e
is the potential
f
or leadershi
p
i
n
every position withi
n
Wal-Mar
t
an
d
s
o
man
y
opportunities
f
or people to move up
an
d
ass
u
me
more
leadershi
p
responsibility. That responsibil-
ity
,
I
believe, demands integrity, c
o
u
rage
an
d
a
willingness to
em
b
race change. Successfu
l
lea
d
ers
a
r
e
willin
g
to
fail
as
the
y
tr
y
n
e
w thing
s
an
d
to
accept
an
occasiona
l
disappointment
wh
e
nthing
s
do
n’
t
work
out
k
as
planned. Onl
y
wh
en
w
e
keep
improvin
g
a
n
d
strivin
g
to
m
a
k
e
thing
s
bette
rthrough inn
o
v
a
-
tion
,
creativity
and
y
n
e
w i
deas
ca
n w
e
be
assu
r
ed
of
staying
f
out
i
n
fr
o
n
t.
Leadership and Teamwork
Ou
r
managemen
t
toda
y
aroun
d
th
e
worl
d
i
s
th
e
best
,
mos
t
strategi
c
leadershi
p
t
ea
m
w
e
have
e
v
er
had. The
y
a
r
e
making
the changes
ne
c
essar
y
f
or u
s
t
ocontinue
t
o s
t
a
y
ou
t
i
n
f
ront
.
They
are
als
o
teaming u
p
wit
h
Wal-Mart’
s
Board members
,
who bring experience
f
ro
m
many
di
e
ren
t


backgrounds. Th
e
caliber
of
o
u
r
f
Board member
s
is tremendou
s
an
d
allows u
s
to
t
a
p
into
a
vas
t
knowledge
reso
u
r
c
e
.The Boar
d
has been
instrumenta
l
in encouraging the Compan
y
t
o
more
quickl
y
address critical issues
,
and I
am
extremely pleased that the
y
ar
e
no
t
reticen
t
about sharin
g
their opinions. Today’s Board
i
s
th
e
f
urthes
t
thin
g
f
ro
m
a
rubbe
r
stamp
,
an
d
I
consider it a
privileg
e
t
o
b
e
overseein
g
Wal-Mar
t
i
n
associatio
n
wit
h
suc
h
talented, dedicated people.
Tomorrow’s Leaders
I
kno
w
that the future lea
d
er
s
of
o
ur
f
Compan
y
a
r
e
alread
y
in plac
e
throughou
t
our
organization, working closel
y
wi
t
h
W
a
l-M
a
r
t
assoc
i
ates
a
n
d
our
cu
rr
e
n
t
management
tea
m
.
E
ach
da
y,
t
h
ese
l
eade
r
s
a
r
e
gainin
g
t
h
e
knowledge
a
n
d
experience
the
y
will n
eed
to
keep W
a
l-M
a
r
t
out
in fr
o
n
t.
W
e
rel
y
ever
y
da
y
on
t
h
e
l
eade
r
s
throughou
t
our
sto
r
es
a
n
d
c
l
ubs
to
help
carr
y
out
t
h
e
W
a
l-M
a
r
t
mi
ss
i
on
–
taking
ca
r
e
of
our
f
custo
m-
e
r
s
and makin
g
their live
s
better –
j
us
t
as
my
f
athe
r
se
t
ou
t
t
o
do
.
Thank
s
to
o
u
r
Board
,
o
u
r
managemen
t
t
ea
m
an
d
o
u
r
as-
sociates throughout
o
u
r
worldwide organization
f
o
r
making
Wal-Mart
a
world-class retai
l
leader.
Rob
W
a
l
to
n
C
h
a
irm
a
n
of
t
h
e
f
B
oa
r
d
of
Directors,
f
Wa
l-M
a
r
t
S
tores
,
In
c.
We lead when we embrace my dad’s vision – to improve the lives of everyday people by making everyday
things more affordable. To do so, we must meet today’s challenges, and those in the future, in a way that’s
consistent with the values and customer focus that have taken us where we are.
Staying “Out in Front” requires
leadership at every level.
Rob Walton, Chairman of the Board of Directors, shares his thoughts
“ Leadership at Wal-Mart happens throughout the
organization, from accounting to merchandising.
Nowhere, however, is it more important than in
the aisles and at the registers of our stores. That is
where our associates determine whether we
succeed or fail.”
13