Hi everyone,
I haven’t been posting much this week, not because I’m not thinking of you (or sustainability!), but because I’m currently deep in an intensive bootcamp from Porto Business School. It’s been eye-opening and I can’t wait to share more about what I’m learning.
Walmart, Wages & a Surprising Twist
In my HBS Online specialization, I came across a case study that really struck me: Walmart, yes, the giant U.S. supermarket chain, under CEO Doug McMillon, raised its minimum wage from about $7.25 to $10/hr (and eventually much higher) in just a few years.
- Short‑term pain: Investors reacted with a steep stock drop when Walmart warned profits would be flat.
- Long‑term gain: By investing in their people, improving operations, and expanding e‑commerce, Walmart’s value rebounded, and then some.
This story reminds me that doing the right thing often takes courage. Whether it’s fair pay, ethical sourcing, or greener practices, you might face resistance at first—but the long‑term benefits for people, planet, and even profit can be huge.
Related Reading
What’s Next?
Once I wrap up this bootcamp, I’ll dive back into regular blogging and share more real‑world lessons from Business in Society. Stay tuned! 💚
— Morena
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