Walmart’s Culture Of Risk Taking, Going Big Is “Vibrant”

Climbing Mt. Everest is a good example of risk taking, doing something big. Walmart Inc. Board Chairman Greg Penner used his recent ascent of the world’s highest mountain to offer motivation to the around 14,000 Walmart employees gathered Friday (June 1) at Bud Walton Arena in Fayetteville.

Penner, who about 10 days ago was standing more than 29,000 feet above sea level, told the audience at the 48th annual Walmart Shareholders Meeting the first attempt to scale Everest was aborted when about half of the oxygen regulators failed just a few hundred feet from the top. The climbers descended back to base camp and were preparing to strike camp and end the effort to climb the peak. But, Penner said, the group decided they’d come too far to go back, and “cobbled together” enough working equipment for what would be a successful second attempt.

He said the experience is like the Walmart culture of “going big, taking risks and never giving up.”     MORE

Designed by Reinhold Technology Solutions