The Walmart Cheer

In building Walmart as the world’s greatest retailer, founder Sam Walton borrowed every good idea he’d come across. And one of those ideas is the famous Walmart Cheer: Give Me a W! Give Me an A! Give Me an L! Give Me a Squiggly! (Here, everybody sort of does the twist.) Give Me an M! […]

Sam Walton Saw No Need for Unions at Walmart

Walmart has always been criticized for its policies against labor unions. Supporters of unionization efforts blame workers’ reluctance to join the labor union on Walmart’s anti-union tactics such as managerial surveillance and pre-emptive closures of stores or departments that choose to unionize. Leaked internal documents show that Walmart’s strategy for fighting to keep its workers […]

When Larry Page Wasn’t Talking to Google Co-founder Sergey Brin

The story of Google co-founder Sergey Brin’s liaison with Google Glass marketing manager Amanda Rosenberg, and his subsequent split from his wife Anne Wojcicki are well known in Silicon Valley. Wojcicki and Brin, who had been married for six years and have two children together, are said to be living separately but that they were […]

Koch Industries’ Market-Based Management

Koch Industries employs a rigorous approach called the Market-Based Management philosophy to run the business. CEO Charles Koch has perfected his management playbook over the decades, and in 2007, published a book called “The Science of Success”, explaining how the system works at Koch. MBM, as Koch employees call it, lies at the heart of […]

Nine Elements of Organizational Performance

Motivation: Inspiring and encouraging employees to perform and stay Coordination and Control: Measuring and evaluating business performance and risk Innovation: Generating a flow of ideas so that the organization is able to adapt Leadership Team: Ensuring leaders shape and inspire the actions of others to drive better performance Direction: Articulating where the organization is heading […]

Consequences of Organizational Commitment Level for Individual Employees and an Organization

Like various social groups at different times throughout history, organizations and corporations developed distinctive cultures. Organizational culture is the entirety of socially transmitted behavior patterns that are typical of a particular organization or a company. Organizational culture encompasses the structure of the organization and the roles within it, the leadership style, the prevailing values, norms, […]

Ten Quotes from Bill Hewlett and David Packard that Every Manager and Leader Must Read and Follow

On 23-Aug-1937, two electrical engineers who had recently graduated from Stanford University met to consider the idea of founding a new company. During the course of their studies at Stanford, they had developed a strong friendship and respect for each other. Bill Hewlett and David Packard put their ideas to paper, starting with a broad […]

MicroSpeak—A Guide to Microsoft Corporate Lingo and Community Jargon

There are many examples of jargon in the workplace. An absolute censure of corporate jargon is simply off the mark as is undue reliance on the use of such jargon. When used correctly and where used fittingly, corporate jargon can truly be a way to talk concisely about complex topics in the right context with […]

The Very Best of GS Elevator Gossip’s Tweets

If you think twitter is just a waste of time, think again. One could argue that twitter is first and foremost just noise and clutter—merely, one more time drain. Twitter can actually be good for something beyond revealing, in less than 140 characters, your whereabouts, posting unintelligent commentary, or which of your friends needs to […]

Sam Walton and Frugality at Wal-Mart

Sam Walton, the iconic founder of Wal-Mart, loved retailing and pursued it with boundless energy. He was famously frugal and devoted to the concept of beating merchandise prices down as part of the trademark “everyday lower prices” promise to customers. Walton once wrote, “A lot of what goes on these days with high-flying companies and […]