It all started with a simple handshake between two running geeks in Eugene, Oregon and now they own the world’s most competitive sports and fitness company. The Pacific Northwest is Nike’s hometown but like so many ambitious souls, they have expanded their horizons to every part of the world. Nike has two headquarters; it’s World Headquarters in Oregon and its European Headquarters in The Netherlands. Those two running geeks are Bill Bowerman and Phil Knight. The long lived business partnership began in 1962 as Blue Ribbon Sports (BRS).
Their first year sales were $8, 000 and every year after proceeded to increase.
In 1972 they changed their company name to Nike. The word Nike comes from the Greek winged goddess of victory. They have achieved victory over the past 30 years. Through those years Nike has remained focused on creating performance opportunities for everyone who would benefit and offered empowering messages for everyone who would listen. Nike has a great accomplishment of servicing human potential through sports. Bill Bowerman was a legendary track and field coach at the University of Oregon.
He was a teacher who showed athletes the secrets of achievement. From him Nike has derived their mission and through his eyes they see their future. The Nike mission is ‘to bring innovation and inspiration to every athlete in the world. If you have a body, you are an athlete.’ As long as there are athletes, there will be Nike.
The Essay on Galileo Year World Day
Galileo Galilei Galileo was a mathematician transformed into an astronomer. He created the modern telescope based on a primitive model that originated in Amsterdam. Galileo disproved Aristotle's fundamental principles of the universe, which had been excepted throughout the centuries as common knowledge. According to this theory, no change could ever take place in the heavens, because everything in ...
In achieving their mission Nike has a vision for their company. The Nike brand has three areas of focus in their vision of success for their company. The first one is to play a role in effecting positive, systemic change in working conditions within their industries. They believe that in order for market forces to have responsible competitiveness, consumers must be able to reward brands and suppliers using fact based information. Their second vision is to create innovative and sustainable products. They apply this vision to their two long term aspirations: eliminating waste and eliminating toxics.
Nike feels by achieving sustainable products they will be able to prevent a separation between the coolest athletic products and the environment. They have selected these two goals in the physical sciences because if they can achieve that then objectively they are moving toward sustainability. They are beginning to include the sustainability goal into their standard business practices by using a Sustainability Index to assess each footwear category and the progress made toward reaching the sustainability goal. They review the index in seasonal planning, which takes place three times a year. They regularly gauge their progress and compete with one another (as well as work with one another) on sustainability issues.
Their third vision is to support young people with their rights to sports and physical activity. They see real value in physical fitness, and see its impact on mental and physical health. Their efforts to engage young people in sport and physical activity will push them in new directions and will help to view sports as a tool for positive social change. This can be a method of breaking down cultural barriers and bringing people together on the level of the playing field. Nike’s organizational structure consists of Chairman, Philip H. Knight, President, CEO, and Director William D.
Perez, VP and CFO Donald W. Blair. They have employed Nike employees, around 23, 000 people worldwide. If you include manufacturers, retailers, shippers and service providers, nearly one million people help bring Nike to athletes everywhere Nike has established a very “campus” like environment for their employees. It is very likely to see soccer games, runners or any other type of sports occurring outside of the Nike headquarters building. Nike encourages its employees to work out during their shift and provides sports activities throughout the day.
The Essay on Nike Marketing Strategies and Current Company Status
Who would have imagined it? After years on top, Nike suddenly looks like a world-class marathoner who, in midrace, questions whether he's got what it takes to keep on running. Nike's symptoms of distress: a global glut of shoes, flat sales in key markets, and declining profits. Moreover, the global brand champ that captured its own winning corporate mindset with the "Just do it" ad slogan has a ...
It allows employees to mix their career interest with their personal lifestyle of health and fitness. This helps employees to better relate to the athletic market. As a result, this will create more of a relaxed and pleasant workplace. Nike’s nature of the business is enthusiastic, a can-do spirit, and a specific desire to work. Though you probably shouldn’t wear running shorts to the interview being athletic is good.
People who are athletic seem to advance faster. Speaking another language is also a benefit. The company accepts resumes by mail or fax, but does not post entry-level openings nationally. The company posts job openings on their websites. Nike has an automated resume processing software.
If you are lucky enough to get an interview, expect at least three rounds. The three rounds begins with a formal question and answer session, a hands on work project and then a meeting with Human Resources, who describes pay and benefits. During Nike’s hiring process they are looking for attitude, drive and somebody that will complement the other workers that are there. Nike has approached the issue of corporate values by establishing offices to address certain situations that may arise based on the diversity of employees. Nike has established OLD, the Office of Global Diversity to be a focal point for and energy source for the development of innovative policies and practices that will help to keep going their commitment to build an inspired workplace that aids and honors every employee and community within Nike. In addition to that Nike has also established the Global Women’s Leadership Council, which promotes and supports the career advancement of women within the company.
The Council is focused on advocacy, building connections, catalyzing action, and measuring results. The advisory teams include 155 men and women from across Nike to support the Council. Nike has developed six networks to help Nike move toward a more diverse workplace; Native American Employee Network, Latino Employee Network, Gay, Lesbian, Bisexual, Trans-genders & Friends Employee Network, Disabled Employee Network, Asia Pacific Employee Network, African-American Employee Network. The role of these networks is to help professional development, enhance work performance, identify mentors, assist in recruiting diverse professionals, develop increased community interaction, and encourage improved teamwork and interaction within and across work groups.
The Essay on Stock Options Employees Tax Company
Since the late 1980's more and more people have been given the opportunity to purchase stock options. As of 2001, ten million employees have chosen to purchase stock options. Another survey established that 97 of the top 100 e-commerce companies gave the choice of options this year. For these reasons, it is important to understand what stock options are, the different types of options, and their ...
Their corporate responsibility and diversity have helped them to achieve a perfect score on the Corporate Equality Index. In 2002, Nike was the only company to be given a perfect score. Only 28 companies were given perfect scores in 2003. In 2004, that number doubled to 56. Nike has been established in corporate responsibility years before other companies. Since 2001, more than 300 of Nike’s top level U.
S. executives attend three-day diversity workshops, a commitment of time that reflects the value of Nike’s places in supporting a diverse workforce. Nike also began offering one-day workshops for additional managers, since 2003 an additional 700 managers have completed these training sessions. Before doing this paper I felt that Nike was successful because they continue to have innovative marketing. They have made an impact with their advertising and they strive to endorse their brands with athletes. I also felt that Nike’s success was due to their great quality of products.
My thoughts still hold true but I do feel now, after doing this paper, that Nike is successful because of their employee involvement and also their environment awareness. As a young adult, I also find it very aspiring that one of Nike’s goals is to support the youth with their right to physical activity.
