You Need How Many Hundred Thousand People By When!

You Need How Many Hundred
Thousand People By When?!?!?!
Presented by
Tom Waldron, Senior Vice President
Walmart International People
Today’s Topics
• Journey to Walmart
• History, Culture, Commitments
• Size and Scope
• The People Challenge
• Practices Underway
• Closing Comments
Journey to Walmart
3
3
5
6
9
Disciplines
Human Resources, Communications, Marketing
Countries
United States, Canada, Netherlands
Industries
Insurance/Banking, Food Service, Technology, Marketing Research,
Retail
Fortune 100 Companies
Walmart/Sam’s Club, ING, Aetna, Nielsen, PepsiCo, Wendy’s
Cities
Chicago, Columbus, Dallas, Toronto, Hartford, Atlanta,
Amsterdam, New York, Bentonville
A Tale of Two Cities (Lives…)
ING
Amsterdam
ING NYC
Park Ave.
High
Finance
Walmart
Headquarters
in Bentonville
Mr. Sam’s Truck
and 1st store
Mastering the art
of cupcakes!
History, Culture, Commitments
Founded by Sam Walton
1962
3 Basic Beliefs
• Respect for the Individual
• Service to our Customers
• Striving for Excellence
The Business Model
Our Foundation:
Every Day Low Prices and
Every Day Low Costs
Our Mindset
EDLC = EDLP
IT’S A
MINDSET!
Our World, Our Commitments
Sustainability
Women’s Empowerment
Hunger
Healthy Food
Size and Scope
Business
Units
FY2011
Sales
Associates
(billions)
Walmart US
3,800+
$260
1.4 million
Sam’s Club
610
$49
110,000
5,312
$109
780,000
(US only)
Walmart
International
FY2011 Profit
$24.9 Billion
Fortune
#1
International Footprint
•
Focused Aggressive Expansion
• Mexico
• Central America
• China
• Brazil
• UK
FY13  $3+ billion capital
in International new stores alone
What Keeps Me Up at Night?
561
Global Officers
132,353
Management
2.1 million
Associates
400 More
91,000 More
4.3 Million More!!!
700,000 “additions” in International alone!
*Approximate Growth
Hiring Factoids
• 4.7 million US applicants last year
• 500,000 management applicants
• New stores open every day300 – 500 to staff each
• 564,000 US hires
A Few Hiring Tools/ Sources –
Where No Man (Company) Has Gone Before
NY  AR, 1,143 merchandising
interviews, 277 jobs filled in 89
days in apparel merchandising
3,000+ interviews per year,
$3.1m savings
28,000 searches per year,
276,000 Walmart job views per year
28,000 Facebook career site fans
(2nd to Microsoft)
A Few Hiring Tools/ Sources –
Where No Man (Company) Has Gone Before
8,700 Walmart followers
Ranked #1 among large companies
Military
150 – 200,000 veterans employed
College
Relations
49 Core universities, 100+ tapped
Internal
Movement
75% of management positions
filled by part-time Associates
A Few Hiring Tools/ Sources –
Where No Man (Company) Has Gone Before
Online
apps
Referrals
40,000 per month at Headquarters
(1 per minute)
30% of jobs filled through
referral
200,000 Associates tracked
Being Global and Local Simultaneously…
• Selection and Hiring
• Executional versus Strategic skill sets (need both)
• Balancing Walmart culture with local culture
• Promotion commotion
• Do they know I’m here? (2.4m challenge)
• Tweaking just 1% is HUGE
– engagement, turnover, hiring success rate
Killing the Myths
• Very competitive compensation
• Engagement scores over “all company” average
• Unbelievable career paths
• Greeters love their jobs
• Diversity is key
The Ultimate Challenge AND Reward…
“Walmart is teaching the world
workplace harmony.”
- Condoleeza Rice
November 4, 2011
Just One Story…
VIDEO
Have request out for photo.
At Walmart… We’re Movin’ Out!
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Contact Information
Tom Waldron, Senior Vice President
Walmart International People