A Different Kind of “Shareholder” - the Corporate Culture of Walmart

When Judith McKenna (COO Asda) joined us for the Business Teacher National Conference in June 2012 I remember noting down how a strong corporate culture was identified as being a key competitive strength of both Asda and its parent company Walmart. It's interesting looking through a series of useful resources on YouTube how the corporate culture of the firm, now the world's largest retailer, comes through particularly strongly from the annual Walmart "shareholders" meeting.

Here are the relevant YouTube clips

First, a report on the 2012 Walmart Shareholders meeting, which also makes reference to the potential bribery scandal in Mexico that has hit Walmart:

Next, an overview (from Walmart) of the role of the shareholders meeting:

and finally, Asda employees arrive at the Walmart meeting in 2011: