"we're incredibly excited to have you here we have a lot of material that we want to cover today if you will spend about the first third talking about Walmart's business globally the second third talki..."

"experience in retail I think you'd be surprised at how many decisions we make how many variables there are so we just think about a store for example you've got to have engaged associates I've got to ..."

"benefit now we are using the size and scale the company to engage in sustainability social and environmental sustainability in fact we were here today having a milestone meeting with our folks in our ..."

"and there are people and I met one the other day we had our what we call our your beginning meeting with store managers we pulled them all together in Orlando and we were talking about this phrase tha..."

"Germany so I'm curious given you know lots of experience in many different countries what did you learn about scaling a business globally as later Wallman international it can be complicated we learn ..."

"Africa we used a principle that we've developed over the last few years which relates to scale some of the downsides of an acquisition can be a cultural alignment issue you can buy a business that doe..."

"also causing retail to become more alike in some ways the way that that mobile and stores come together is going to be more common around the country than it is different it's interesting and then you..."

"and the way we articulate the things that we talk about at Walmart as we typically start with our purpose I'm not sure I can remember exactly what year it was but one of the presidents named Bush came..."

"a situation where that store manager and those associates could have done a better job so that Walmart lives up to its potential doing that across 27 countries now that we're 52 years old is harder I ..."

"that so I it will come back to people the way people are treated and in turn how they serve customers whether it's through some sort of digital experience or it's a phone bank or it's the text respons..."

"there my dad's making me I'm not happy I'll be back and he said you're gonna end up working for Sam Walton and I said who okay so when you shop at Walmart I and I said yeah I guess what you're gonna e..."

"I mean creating a situation where 2.2 million people stay employed and have a life that's a big deal so if you want to work at Walmart give me a call I promise you it'll be hard one of the you may get..."

"opportunities and a lot of people who say I didn't want to be at Walmart I just wanted a job or I needed to pay my way through school or whatever and they end up being here 20 or more years pause your..."

"and I'm still learning a lot and so I think the company needs us this current leadership group to respect the past and to not forget the things that made the company special and be very selective abou..."

"change I mentioned earlier if this were bait whether if you want more people here if you see if you say to one more people the only thing that's constant is they say change well that's a great platfor..."

"Sam's Club and I worked for a guy named Kevin Turner who was our chief information officer and he got promoted to run Sam's we were both in our 30s and Microsoft recruited him away and Kevin's current..."

"like to talk a little bit more about the role of travel in your career now one of the core Walmart management philosophies is cbw a just coaching by walking around the idea that managers and to intera..."

"positioned to win are they getting the resources that they need and in what I ended up doing in the role that I had is to get our leadership team to focus on the things that we had in common maybe thi..."

"happening and that was fascinating Wow you mentioned one of the things that it's common people you meet all around the world is there everybody's thinking about work and family and trying to balance t..."

"got a you got to be right on that note in making important decisions as you know CEO of the world's largest company your decisions have a lot of weight they affect a lot of people there's a lot of tho..."

"sometimes I have a lot more than I could ask a lot more things I'm curious about but I want to make sure that we give our audience a chance to ask some questions I think we'll start with a question fr..."

"important I do think grocery home delivery will play a role although I don't think it will be in the United States more than 10 percent of business anytime soon in the UK we've been doing grocery home..."

"okay let's go here first hi I'm a band I'm an MBA one here first of all thanks so much for coming to speak with us so there's a report released last year that said US taxpayers subsidize Walmart to th..."

"about things like health care and accessibility of health care starting wage rate what we do with 401k program so that people who can save have an opportunity to save helping them with an education he..."

"right what link you know is this coming because as a management team you have to be really sensitive to what the street is saying and what the press is saying or at the end of the day do you have to t..."

"assortment but now the Internet's changed what assortment means an assortment looks more like tens of millions of items than 120,000 items values different price transparencies increased sess is diffe..."

"digital matters and the way we put it together with stores is how we'll win do you think our next question from Twitter wraps so you mentioned that going international is very hard one of your biggest..."

"we may have to tweak it here and there depending on what customers are offered from competition in a particular market as there's been a great investment terrific talent mark our current Walmart us ch..."

"in Bentonville and how do you get those people to work together in such a way that the outcomes better than it would have been individually that's one of our big challenges so we currently have some w..."

"and then get on with it and in a business of our size and our age that's a challenge great question hi I'm Michael e I'm a first year medical student and and I'm really interested in the rise of retai..."

"healthcare is complicated up close to I think we have time for one more audience question in the back corner here hi I'm Nene and I'm MBA one you mentioned the walton family's commitment to sustainabi..."

"directors the Doug I'd like to conclude by asking a question that's become a bit of a tradition here at Stanford all the MBAs in the audience will have answered this question as part of their applicat..."