Page 102 - Forbes - USA (October 2019)
P. 102

PROMOTION



           Conversations at the Top



           Marvin Ellison, CEO, Lowe’s Companies, Inc.





           SKIP SPRIGGS: How did your upbringing help form your                    make is to surround themselves with people that think like
           views around inclusion?                                                 them and look like them. You’re just limiting the strategic
                                                                                   discussion that’s going to take place. I often say, “Look, if
           MARVIN ELLISON: I was raised in a small, segregated                     everybody is going to agree with me, I’ll cancel the meet-
           Southern town, but my parents were very progressive think-              ing and make all the decisions myself.” That’s my way of
           ers. My dad would never allow us to say, “Well, this group of           encouraging spirited debate.
           people are bad because of what they did during Jim Crow.”
           You have to take the time to get to know people as indi-                At the end of the day, we are each products of where we come
           viduals and never paint groups with broad brushstrokes. For             from and what we’ve done. If you really bring those things
           me, that translates into making sure that everyone has the              to the table, and those things become part of your decision
           opportunity to be viewed as an individual, not a stereotype.            making, that’s a powerful combination to have. That’s what
                                                                                                                  I’m trying to facilitate.
           And I remember college—a
           large, urban university—where                                                                          SS: Yes, right on, Marvin. And I
           I’m sitting next to somebody from                                                                      just saw your phenomenal sec-
           Japan, somebody from Africa.                                                                           ond-quarter results. One last
           I loved to talk with them about                                                                        question. With so much media
           how they grew up. I learned the                                                                        attention to race and gender
           enriching, really magical aspects                                                                      issues, it seems awareness
           of the broadest array of what                                                                          around diversity and inclusion
           diversity means.                                                                                       has never been higher. Are you
                                                                                                                  getting any different communi-
           Today, at Lowe’s, we don’t want                                                                        cations from investors yet?
           an environment where your
           uniqueness doesn’t matter. The                                                                         ME: To be honest with you, it
           fundamental thing is: Can you                                                                          hasn’t changed much. Most
           do the job effectively? So we                                                                          investors are focused on the
           have to change the way some                                                                            management team’s ability to
           people think about individuals                                                                         run the company with effective-
           based on a stereotype. Every-                                                                          ness and integrity.
           one brings something special
           to the table.                                                                                          But since I’m one of very few
                                                                                                                  African Americans running a
           SS: Are there certain things                                                                           major public company, part of
           you do at Lowe’s to amplify               ,I , SHUIRUP ZHOO  WKHQ ,ŖP                                  the role I take on is education
           that message?                                                                                          of my leadership team and my
                                                    hoping the door opens for                                     board of directors.
           ME: Well, I’m a big believer in
           the old saying “Talk is cheap.”         RWKHUV ZKR ORRN OLNH PH WR                                     When communicating with my
           What really matters is your                                                                            management team and board,
           actions. When I got the chance                       EH QH[W LQ OLQH ř                                 I want to be authentic. I take
           to build this leadership team,                                                                         the lead in having uncomfort-
           we went out and hired diverse                                                                          able conversations, not to be
           executives. Now when I talk                                                                            provocative but to help answer
           about diversity and inclusion, the words carry weight. It’s             questions where others’ lenses may not give them the whole
           encouraging to see someone who looks like you being suc-                vantage point. I try to create an environment where people
           FHVVIXO  DQG LW FUHDWHV D ULVLQJ WLGH  ,W JLYHV \RX FRQŻGHQFH           are not afraid to have those conversations, and I challenge
           that you can get there too.                                             others to lead if it is something that matters to them.


           SS: Does having a diverse set of people around your senior              I know I have an obligation to perform well every day,
           leadership table lead to better business decisions?                     because that’s the ultimate scorecard for a public company
                                                                                   CEO. And if I perform well, then I’m hoping the door opens
           ME: One hundred percent. The worst mistake leaders can                  for others who look like me to be next in line.



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