Balance The Need For Focus And Speed

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Walmart CEO Doug McMillon on Friday announced several organizational and management changes. While there are several executives shifting positions, Walmart said the changes do not involve anyone exiting or entering the company.

“Our customers want one, seamless Walmart experience. Over time, we’ve been organizing our strategy, tactics and teams to serve them in that way, while preserving the focus necessary to execute on multiple initiatives in parallel,” McMillon noted in the opening of his memo. “We will continue strengthening our stores while expanding our pickup and delivery capabilities. Earning more of our customers’ business in food and consumables is foundational to our strategy, and, at the same time, we will expand our ability to serve them with general merchandise in stores and through our broad eCommerce assortment as we continue to invest in and build our eCommerce business.”

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