Chapter 96: Dave the CEO on stratospheric strategizing and subtle secrets of success

David Cheesewright is the former CEO of Walmart International.   In that role he led over a million people, across over fifty different businesses, and nearly thirty countries.   A behemoth! Both the job and the company. How much of a behemoth? Well, Walmart is literally #1 overall on the Fortune 500 which means no company in the entire world made more money than they did.   How did a small town store from Bentonville, Arkansas rise to be the largest company in the world? Well, one big way they do it is through leadership. For twenty-plus years, one of the seniormost leaders at Walmart was Dave Cheesewright. Humble, down to earth, soft spoken, and lightning quick, Dave epitomized Level 5 Leadership, to borrow a phrase from Jim Collins. I was very lucky to have a development role working for Dave when he was President and CEO of Walmart Canada. It was probably the most formative role of my career and I trace many stories and models in my books directly back to conversations and lessons I learned from Dave.   There was always something magical about Dave.   He was a former gym teacher who owned only one slightly crumpled suit and drove a beat-up van to work when he wasn’t showing up sweaty in the hallways after riding his bike. He had no fancy business degrees and was a true family man who was always home for dinner with his wife Clare and their three kids. He had a smaller office than his direct reports and ate two-dollar egg salad sandwiches at lunch amongst all the employees in the Home Office cafeteria. He never used email, cancelled every meeting he could, personally phoned associates across the country to say thank you, and insisted every one-pager presented to him pass “The Grandma Test” (“Would my grandma who knows nothing about this business understand it?”).   Dave was promoted from CEO of Walmart Canada to CEO of Walmart EMEA (Europe, Middle East, and Africa) and later promoted again to CEO of Walmart International. What does a CEO overseeing over a million people actually … do? Well, that’s just one thing we’re going to talk about.   If you are a fan of the strategic thinking big time CEOs offer you’re going to love this conversation with a guy who thinks 500,000-feet above sea level.   What does a CEO do? What does a board of directors do? How do you make business simpler? What is the paradox of choice? How do we take an even more global view of things? How might we think about AI? What are the basic tenets of retail? Why shouldn’t you answer emails? How do you become a better delegator? What is the S-Curve in business? And much, much, much more…   I was thrilled to sit down with David Cheesewright, former CEO of Walmart International, in his living room to talk about his 3 most formative books. I hope you love this conversation as much as I did.   Let’s flip the page into Chapter 96 now…   What You'll Learn: What is the value of taking handwritten notes? How should one manage the initial stages of retirement? What is the value exchange? What is the job of a Fortune 500 Company CEO? What is the key to cultivating talent? What is the S-Curve in business? How does the CEO of a major company deal with imposter syndrome? What does a Board of Directors for a public company actually do? What is the moral obligation of a Board of Directors? How can a company truly live by its values? Why is what matters most invisible? How can businesses become simpler? What is the paradox of choice? What are some of the greatest challenges the workforce faces? Is outsourcing manufacturing to China a force for good in the world? What are the limitations of governance in a globalized world? How does AI stack up? What book will help you flirt? How can good habits serve us at different stages of life? Why should you not answer emails? Why should we delegate more? What is the importance of perspective? What does achieving a balance over life mean?   You can find show notes and more information by clicking here: https://www.3books.co/chapters/96    Leave us a voicemail. Your message may be included in a future chapter: 1-833-READ-A-LOT.   Sign up to receive podcast updates here: https://www.3books.co/email-list    3 Books is a completely insane and totally epic 22-year-long quest to uncover and discuss the 1000 most formative books in the world. Each chapter discusses the 3 most formative books of an inspiring person. Sample guests include: Brené Brown, David Sedaris, Malcolm Gladwell, George Saunders, Angie Thomas, Daniels, Cheryl Strayed, Rich Roll, Soyoung the Variety Store Owner, Derek the Hype Man, Kevin the Bookseller, Vishwas the Uber Driver, Roxane Gay, David Mitchell, Surgeon General Vivek Murthy, Mark Manson, Seth Godin, Judy Blume, and Quentin Tarantino. 3 Books is published on the lunar calendar with each of the 333 chapters dropped on the exact minute of every single full moon all the way up to April 26, 2040. 3 Books is an Apple "Best Of" award-winning show and is 100% non-profit with no ads, no sponsors, no commercials, and no interruptions. 3 Books has 3 clubs including the End of the Podcast Club, the Cover to Cover Club, and the Secret Club, which operates entirely through the mail and is only accessible by calling 1-833-READ-A-LOT. Each chapter is hosted by Neil Pasricha, New York Times bestselling author of 'The Happiness Equation', 'Two-Minute Mornings', and 'The Book of Awesome.' For more info check out: https://www.3books.co