Taylor Morrison’s Post

Curious about the impact a CFO can have? A recent The Wall Street Journal article details the contributions Richard Galanti, the CFO of Costco Wholesale, had on the organization in his 40 year tenure. Under his leadership, Costco maintained a simple yet powerful approach: limited product selection, high-quality goods, and unbeatable prices. This formula helped drive the company's continuous 10% growth for 30 successive years—a testament to the power of simplicity and consistency in business. Richard's philosophy of "keeping things simple" permeated every aspect of Costco, from its product offerings to its workspace design, ensuring a customer-centric approach that many businesses aspire to emulate. Pretty incredible... #cfo #fractionalcfo #leadership #strategy

Episode 5 of the Managing Humans Podcast is out and it is HOT! We talk about coffee, leadership styles and getting recruited by a company via a blind cold call to a Walmart. It was a fun conversation but I learned a lot and changed my mind on a couple things. Christopher Flett is good, real good! Give it a listen. https://lnkd.in/gkja7M7g

A new chapter for Starbucks as Brian Niccol steps in as CEO, but his journey won’t be all smooth brews and lattes.☕ Starbucks is grappling with falling sales, operational headaches, and unionization efforts, all while dealing with leadership fatigue—Niccol is the fourth CEO in under three years. After driving growth at Chipotle Mexican Grill, he's now tasked with restoring Starbucks' iconic brand experience amidst mounting challenges. He’s already visited dozens of stores and is preparing for a town hall to address the road ahead. Can Niccol bring back the magic that made Starbucks a household name? What changes do you think Starbucks needs most right now? Image created via MidJourney Magic 🪄 #Starbucks #CEO #Leadership #midjourney Midjourney

🛒🤨 Trust in Leadership: Share Your Perspective! 🗳️🤔 💡 Do you trust Woolworths CEO Bradford Banducci's assertion that not stocking Australia Day merchandise is solely a commercial decision? Given the past contribution to the Yes campaign, are there concerns about corporate interference in public opinion? Dive into the conversation on 4MySay! 🤝🌏 #CorporateTrust #PublicOpinion

This week, Doug McMillon, CEO of Walmart, visited our New York and New Jersey teams. Here are my 3 key learnings from the session with him: 1️⃣ Don’t underestimate your own impact: When speaking to Doug, some Walmart associates underplayed their own role compared to the CEO. Doug reminded us that he wasn’t always CEO, he is with Walmart for over 30 years and he held various positions across the organisation. What ever your role is, work like it is your own company. Believe in what you do more than anybody else. 2️⃣ Learn from competition: Doug got some questions about old and new competitors. He reminded everyone of Sam Walton who visited competitor’s stores regularly. Instead of only recognizing how poor a competitor performs, Sam also acknowledged their strengths. Learn what customers like about your competitors and try to be better at it. 3️⃣ Know which battles you can‘t win: Some associates asked why Walmart is not operating in certain markets. Doug‘s answer reminded me of a Sun Tzu quote „If a battle cannot be won, do not fight it“. That does not mean that you will never win, but prepare for it to ensure you will win it. What are your key leadership insights? #leadershipinsights #businessstrategy #dougmcmillon

I suggest that PepsiCo consider acquiring Taco Bell from Yum! Brands, as Taco Bell boasts a more flexible franchisee policy. In today's competitive business landscape, it's crucial for companies to be led by experienced business leaders rather than individuals who ascend to executive positions purely for publicity. #BusinessLeadership #AcquisitionOpportunity

-Starbucks announces key leadership appointments, including Michael Conway as CEO, North America, and Brady Brewer as CEO, Starbucks International, to accelerate reinvention and growth. -CEO Laxman Narasimhan underscores Starbucks' commitment to fostering human connection and expresses confidence in the brand's future success. -Leadership changes reflect Starbucks' strategic vision for driving innovation and enhancing global brand presence amidst evolving market dynamics. To know more, read the full article on #theenterprise #Starbucks #LeadershipChanges #GlobalStrategy #BrandInnovation #FutureGrowth#globalbusiness #theenterprisenews #followformore #global #finance

Howard Schultz, who stepped down as CEO of Starbucks for the third time last year, continues to wield significant influence over the company through a lifelong chair emeritus role that allows him to attend board meetings and enjoy various perks. Despite having a successor, Schultz’s ongoing involvement—exemplified by his 19% stake in Partanna, which supplies Starbucks with olive oil for its Oleato drinks, and the use of his private jet for corporate purposes—reflects a reluctance to fully relinquish control. This persistent presence has raised concerns about weak corporate governance and poor succession planning, with Schultz often acting as a de facto CEO by critiquing the company's performance and influencing major decisions. This governance structure, where the former CEO's shadow looms large over the current leadership, hampers Starbucks' ability to adapt and thrive in a competitive market, potentially jeopardizing its long-term success. #Starbucks #HowardSchultz #CorporateGovernance #Leadership #BusinessStrategy #SuccessionPlanning #MarketChallenges #CorporateInfluence #ShareholderConcerns #CoffeeIndustry

During Super Bowl weekend we had the pleasure of hosting the iconic Tom Brady for a conversation about sport, leadership and life at our PepsiCo lounge. I am going to post two short videos with some meaningful messages that he shared with us. In this first one Tom talks about talent, leadership and success. The magic formula of success - in sport, as well as in business, music, design, art, and any other profession - is #consistency of great performance in time. It’s all about how often you can make the right move, the right play, the right decision. An extraordinary play (or project) here and there, no matter how extraordinary it is, when followed by a mediocre one, here and there, leads to an average performance overall. The ability to be great, good, and sometimes ok, consistently in time, avoiding too many missteps, is the key to success. To do that you need a growth mindset, you need to do daily work on yourself, to practice, to learn from mistakes, and get better, and better, and better again, day after day, month after month, year after year… What do you think about it? #leadership #tombrady #talent #success #performance #football #nfl #pepsico

"𝑴𝒂𝒅𝒆 𝒊𝒏 𝑨𝒎𝒆𝒓𝒊𝒄𝒂": 𝘍𝘰𝘭𝘭𝘰𝘸𝘪𝘯𝘨 𝘚𝘢𝘮 𝘞𝘢𝘭𝘵𝘰𝘯'𝘴 𝘱𝘢𝘵𝘩 at Walmart 📚 Every day, our team focuses on giving our best to our customers at #Walmart, while also continuously learning from our leaders and reflecting 𝐖𝐚𝐥𝐭𝐨𝐧’𝐬 values in everything we do. 👊🏼 Key traits that I’ve learned from our team and our leadership so far, inspired by 𝐖𝐚𝐥𝐭𝐨𝐧’𝐬 principles: 1️⃣ 𝐄𝐦𝐩𝐚𝐭𝐡𝐲 𝐚𝐧𝐝 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧: 𝘉𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘩𝘰𝘯𝘦𝘴𝘵 𝘢𝘯𝘥 𝘤𝘭𝘦𝘢𝘳 𝘳𝘦𝘭𝘢𝘵𝘪𝘰𝘯𝘴𝘩𝘪𝘱𝘴. 2️⃣ 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐎𝐩𝐭𝐢𝐦𝐢𝐬𝐦: 𝘚𝘵𝘢𝘺𝘪𝘯𝘨 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦 𝘢𝘯𝘥 𝘳𝘦𝘢𝘥𝘺 𝘧𝘰𝘳 𝘤𝘩𝘢𝘯𝘨𝘦. 3️⃣ 𝐀𝐝𝐚𝐩𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞: 𝘉𝘦𝘪𝘯𝘨 𝘧𝘭𝘦𝘹𝘪𝘣𝘭𝘦 𝘢𝘯𝘥 𝘱𝘳𝘰𝘢𝘤𝘵𝘪𝘷𝘦. 4️⃣ 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐌𝐞𝐧𝐭𝐨𝐫𝐬𝐡𝐢𝐩: 𝘞𝘰𝘳𝘬𝘪𝘯𝘨 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳 𝘢𝘯𝘥 𝘩𝘦𝘭𝘱𝘪𝘯𝘨 𝘦𝘢𝘤𝘩 𝘰𝘵𝘩𝘦𝘳 𝘨𝘳𝘰𝘸. 5️⃣ 𝐈𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐚𝐧𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲: 𝘉𝘦𝘪𝘯𝘨 𝘩𝘰𝘯𝘦𝘴𝘵 𝘢𝘯𝘥 𝘳𝘦𝘴𝘱𝘰𝘯𝘴𝘪𝘣𝘭𝘦. And, bonus learning ............. ✅ 𝐑𝐞𝐜𝐨𝐠𝐧𝐢𝐳𝐢𝐧𝐠 𝐚𝐧𝐝 𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐓𝐞𝐚𝐦 𝐄𝐟𝐟𝐨𝐫𝐭𝐬: 𝘈𝘤𝘬𝘯𝘰𝘸𝘭𝘦𝘥𝘨𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺𝘰𝘯𝘦'𝘴 𝘩𝘢𝘳𝘥 𝘸𝘰𝘳𝘬 𝘢𝘯𝘥 𝘵𝘢𝘬𝘪𝘯𝘨 𝘢 𝘮𝘰𝘮𝘦𝘯𝘵 𝘵𝘰 𝘤𝘦𝘭𝘦𝘣𝘳𝘢𝘵𝘦 𝘵𝘩𝘦𝘮! 🥳 At Walmart, we practise these learnings every single day, to not only improve our leadership skills but also deepen our understanding of true leadership. Here’s to continuing our journey of growth and leadership together! 🌟 💫 #Innovation #Leadership #inspiration #ProductManagement #career #Teamwork #CoreValues