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Shark City CEO Pay and Decision-Making Biases

Weaver Post  — A small but delectable bite of insight and comedy on why we should look hard at the biases and circumstances surrounding retail CEO decision-making.

After my post this week regarding neuroplasticity and the potential impact it has had on retail CEOs’ abilities to prepare their companies to compete in the new omnichannel retail world, I have received many questions surrounding the compensation of the leaders I cited within the postscript of the post.

Ask and answered (and I would love to hear your response to the below):

Retail Salaries

Finally, I wanted to share something a reader sent to me this week too, as it was incredibly germane to the ideas shared in the Murray Hamilton post.  Below is a video clip from avid reader Neil Thomas.

The above clip is an abridged version of a speech Charlie Munger, noted friend and partner of Warren Buffet, gave to business school students regarding cognitive bias and how it leads to ineffective decision-making.   It is a fun, animated watch. Please enjoy and thanks Neil!

P.S.  Look at these exciting deals on Amazon being passed off as legitimate news articles by USA Today right this very second!  These stories occupy over 40% of the feed real estate in their tech section (and as much as I love Jimmy Buffett, and all he espouses to do while under the influence of alcohol, a Margaritaville Bahamas Frozen Concoction Maker is not tech).  Seriously, just be blatant about it.  Don’t hide it.  Like me 🙂  Lord, thank you for satire.

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Chris Walton View All

Chris Walton is an accomplished Senior Executive with nearly 20 years of success within the retail and retail technology industries. He is well-versed in merchandising, store operations, inventory management, product design, forecasting, e-commerce, pricing and promotions, and tech product development.

Chris was most recently a Vice President with Target, where he led the retailer’s Store of the Future project and also ran the Target’s home furnishing division for e-commerce. He previously worked for GAP, Inc., as a Distribution Analyst and Manager.

Chris holds a BA in Economics and History from Stanford University, and a MBA from Harvard Business School.

He likes to dress as Darth Vader for Halloween, and his wife also frequently asks him to ask Alexa, "to turn off the music."

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