Doug McMillon is the current l... free essay sample

Doug McMillon is the current leader of Wal-Marts management team. He currently serves as the president and CEO (only the 4th in the history in the company) of the company looking for crucial initiatives to be implemented such as the integration of the companys stores, logistics network and digital channels.McMillons responsibilities include expanding the channels through which customers access the companys products. He began working for Wal-Mart as a summer associate in a distribution center and worked as an assistant manager in a Tulsa, Oklahoma store while earning a Master of Business Administration degree from the University of Tulsa. He later moved to merchandising as a buyer trainee and served in senior roles in all the companys areas of business.As CEO, Doug leads a strong management team that works hard to promote Walmarts slogan and the core of its corporate mission: Save money. We will write a custom essay sample on Doug McMillon is the current l or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Live better. Managing Walmart, the No. 1 company on the fortune 500 list is not like managing an easy task.Doug has an enormous responsibility as well as many current challenges. When he took the job in 2014, he inherited some issues as well. These problems included several years of slow sales caused by a challenging global economy, changes in how people shop (i.e online/amazon), and pay and treatment of its employeesFrom his first job in 1990, McMillon began a rapid ascent through the merchandising side of the business. He was a buyer for ladies apparel and crafts and fabrics. He worked with diapers, luggage, and office supplies. And he was viewed early on as a future leader. Eventually he was made CEO of Sams Club, Walmarts members-only warehouse chain. In 2009, when Duke succeeded Scott as CEO of Walmart, McMillon replaced Duke running Walmarts international operations.Since 2013, McMillon has served as a member of the board of directors. He also chairs the Executive and Global Compensation committees. In todays market, it is difficult to survive if a company isnt present online. Amazon dominates the channel, and Doug McMillon knew he had to do something about it to compete with the new era of retail. Doug McMillon created a 4-step plan to remake a retail pioneer:Go Walmart-size on e-commerce: Build one of the worlds biggest private clouds. (Check. ) Now, compete with Amazon on its own turf. (In progress.)Think omnichannel: Make it easy for customers to buy anywhere, anyhow—and get their purchases anywhere, anyhow.Rev your metabolism to startup mode: Experiment, experiment, experiment; invade Silicon Valley for fresh talent.Bring back Mr. Sam: Well, his spirit, anyway. Give local managers more autonomy to make stores sparkle—and hold them accountable.