Masters of Scale Rapid Response: Stay versatile, w/Lululemon Athletica CEO Calvin McDonald
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Jan 26, 2023 Calvin McDonald, CEO of Lululemon Athletica and former head of Sephora, shares how his brand thrived amid retail turmoil. He discusses the importance of mid-term planning, innovative product development, and community engagement. Calvin emphasizes the power of listening to customers to enhance brand identity and drive success. He explores the role of agility in navigating economic challenges and reveals how a culture of collaboration fuels both resilience and sustainability in the company. Tune in for insights on leadership and adaptability!
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Hiking with the Team
- Calvin McDonald hikes with store managers in Seoul, demonstrating his leadership style.
- He emphasizes learning from employees and valuing their ideas within the organization.
A Unique Position
- Lululemon defied categorization as a pandemic winner or loser.
- Its unique brand and differentiators allowed it to thrive despite challenges.
Supply Chain Control
- Control your inventory and supply chain, especially during uncertain times.
- Prioritize direct-to-consumer relationships to maintain agility.