Gui Loureiro, Chairman of Walmart Mexico & Central America, spearheaded a digital and cultural transformation at Walmart Mexico. He emphasizes that personal growth is crucial for leading change in an organization. The conversation reveals strategies for maintaining customer focus in meetings, valuing team members, and adopting an agile approach. Loureiro also shares insights on building trust during inflationary times and the importance of future-oriented leadership, highlighting how e-commerce innovations can enhance customer access in Latin America.
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question_answer ANECDOTE
Transform Yourself To Lead Change
Gui Loureiro realized he needed to transform personally to transform Walmart Mexico.
His coach told him he couldn't lead the new agile company unless he was willing to change.
volunteer_activism ADVICE
Ownership and Customer Priority
Treat your employees like owners to cultivate a strong culture.
Always prioritize the customer as number one in every decision.
insights INSIGHT
Passion and Purpose Propel Leadership
Passion linked with purpose moves people beyond perceived limits.
Loving your work and its impact inspires and energizes others.
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In 'The Psychology of Money,' Morgan Housel delves into the psychological and emotional aspects of financial decisions. The book consists of 19 short stories that illustrate how personal history, worldview, emotions, and biases influence financial outcomes. Housel emphasizes the importance of behavior over knowledge in managing money, highlighting the power of compounding, the dangers of greed, and the pursuit of happiness beyond mere wealth accumulation. He advocates for a frugal lifestyle, long-term perspective, and a balanced approach to investing, stressing that financial success is more about mindset and discipline than about technical financial knowledge[2][3][4].
Team of Teams
New Rules of Engagement for a Complex World
Stanley McChrystal
In 'Team of Teams', General Stanley McChrystal and his co-authors share insights on how to lead organizations effectively in a complex and rapidly changing world. Drawing from McChrystal's experiences commanding the Joint Special Operations Task Force in Iraq, the book highlights the need to move from traditional hierarchical structures to a more decentralized 'team of teams' approach. This involves fostering common purpose, shared consciousness, empowered execution, and trust among team members. The book uses historical and contemporary examples, including military and business scenarios, to illustrate how this approach can enhance organizational adaptability and success.
How Leaders Learn
Lari Bishop
David Novak
If you’re wanting to see big change in your company, here’s a question: are you willing to change, too?
Gui Loureiro, regional CEO of Walmart for Canada, Chile, Mexico, and Central America, shares what it took to lead a digital and cultural overhaul at Walmart Mexico—and why he had to evolve as a leader to make it happen.
This episode is a powerful reminder that the big transformations you want for your team and company will also mean some transformation for you personally.
You’ll also learn:
A powerful question to ask in meetings that’ll keep your work customer focused
Specific strategies that help your team feel valued
How to shift to a more agile process for implementing ideas
An insight you need to hear before your next career talk with your boss
Take your learning further. Get proven leadership advice from these (free!) resources:
Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.