Category Archives: Leadership

Leadership Success Bananas in China

The Price of Bananas in China

In 2010, on a trip to Beijing, China, Mike Duke did what 100 million other people around the world do each week: he stepped into a Walmart to go shopping. But Duke wasn’t just a typical customer, he was also the company’s CEO. Walking through the store’s isles looking at products, Duke noticed something interesting about the bananas. The bananas Walmart sold in in Beijing weren’t from Beijing — they weren’t even from China at all; they were all imported. Duke turned to his teammate Doug McMillon, the leader of Walmart’s international division; “Bananas grow in China. Why don’t we sell local bananas?” Continue reading