

People influence people. Nothing influences people more than a recommendation from a trusted friend. A trusted referral influences people more than the best broadcast message. A trusted referral is the Holy Grail of advertising.
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You can take my factories, burn up my buildings, but give me my people and I'll build the business right back again.
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The two most important things in any company do not appear in its balance sheet: its reputation and its people.
Looking ahead, we will compete with technology, but win with people. We will be people-led and tech-empowered.
There are all these things that add up into this business that's Walmart that keeps it really interesting. At the root of it all, though, it's a people business and it's a merchandising business. Today, it's increasingly a technology business. The supply chain is critical, of course, and real estate still plays a key role.
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