iBuying was never out of vogue, Rabois said, addressing comments about Redfin's and Zillow's exits from the space. It was out of vogue because Redfin and Zillow didn't know how to do it. We were always successful. We minted free cash flow every year I was involved in the company. However, it's very complicated and very difficult to do iBuying well, but the value proposition of certainty, transactional speed is incredibly compelling to Americans.
Donna Morris has one go-to question that helps determine whether she'll hire you - and knowing it in advance won't help you script the perfect response, she says. The question is: "If I was to ask people who've worked for you before, what will they tell me?" As executive vice president and chief people officer at Walmart, Morris oversees the largest private workforce in the US.
If a self-directed, virtual, or hybrid work schedule is essential for you to manage your career aspirations and life challenges, you will have a difficult time aligning your priorities with those of the company and the culture we aim to establish.
CEO Brian Niccol emphasized the importance of in-person collaboration, stating, "We are reestablishing our in-office culture because we do our best work when we're together. We share ideas more effectively, creatively solve hard problems, and move much faster."
When Mackey sold the business to Amazon in 2017, he committed to staying on for five years. Over time, however, struggles with the retail behemoth around culture took a toll, Mackey said.
If you take your eye off either the customer or the employee and you get very internally focused, it's a recipe for failure.
What's really important to firm leadership is ensuring that we always have our eyes on up-and-coming talent and that we're identifying and developing those who have the potential to be on the team.
