#core-values

#core-values

When CEO Doug McMillon and other Walmart execs visit stores, they'll collect stray shopping carts from the parking lot or pick up trash. The idea is to model servant leadership and being "willing to do what we want anybody else to do," McMillon told a business school audience at Stanford in May. McMillon, 59, announced on Friday that he plans to retire in January. He will be succeeded by John Furner, president and current CEO of Walmart US.

According to a recent study conducted by the global consulting firm, EY, 97% of respondents reported that it is important for companies to act with integrity. Many companies tout integrity as a core principle of their organizations in an attempt to reassure customers, employees, and the wider public that their organization "plays by the rules." By some estimates, integrity is ranked as one of the most cited corporate core values, with over 80% of companies listing integrity as a core value.