StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Nike-CEO Mark Parker - Essay Example

Cite this document
Summary
This saw Nike facing the challenge of growing competition from Adidas. Additionally, Parker inherited some internal environment problems. When Perez was…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Nike-CEO Mark Parker
Read Text Preview

Extract of sample "Nike-CEO Mark Parker"

Nike-CEO Mark Parker Affiliation Nike-CEO Mark Parker Question one Considering the external environment at that time, Adidas became more powerful in the United States by acquiring Reebok. This saw Nike facing the challenge of growing competition from Adidas. Additionally, Parker inherited some internal environment problems. When Perez was appointed to manage the company, he hoped to bring some organization change as well as managerial discipline in the firm that was increasing growing rapidly while acquiring more brands (Lussier, & Achua, 2013).

Unfortunately, he had a diverse approach to decision making compared to Knight and other subordinates in the company. This led to resistance to change and the creation of a gap between the firm and the CEO. Parker inherited this problem because he had to gain their confidence to implement the changes he perceived worth.Question two Parker has proved to be a strategist through his changes on the operations of the company. He shifted the brand away from the original products based and sub-brand structure to a structure that is customer driven.

He divided the company into various categories such as women’s fitness, running and basketball. He also initiated an innovation process by creating an innovation group that would come up with different brands as a strategy to command large market share.Question threeConsidering the concept of impact of environmental sustainability, Nike has “Nike Sustainable Business + Innovation” program. This program is used to power the companies brand, the employee efforts, and passions to ensure that changes that are brought in the brand are environmental friendly (Lussier, & Achua, 2013).

This program ensures that any opportunity that the organization gets is utilized in a manner, which it creates a positive social and environmental impact in the world. This product has seen its customers accept its products in the market easily because of the additional cooperate social responsibility.Question four Parker pursues the strategy of enhancing value to its customers by acknowledging that the customer is their main asset and thus all employees work to cater for the needs and wants of customers because they are their boss.

In creating new opportunities, he has a partnered the company with key organizations such Steve Job and Apple. Apple Company has created an opportunity by allowing Nike + footwear to talk with the customer’s iPod as they are running or carrying out workout experience. This creates an opportunity for customers to long for Nike brands to get this service by Apple known as Nike Plus program (Lussier, & Achua, 2013). ReferencesLussier, R. N., & Achua, C. F. (2013). Leadership: Theory, application & skill development.

Mason, OH: Southwestern Cengage Learning.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Nike-CEO Mark Parker Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Nike-CEO Mark Parker Essay Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/business/1683416-nike-ceo-mark-parker
(Nike-CEO Mark Parker Essay Example | Topics and Well Written Essays - 250 Words)
Nike-CEO Mark Parker Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/business/1683416-nike-ceo-mark-parker.
“Nike-CEO Mark Parker Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/business/1683416-nike-ceo-mark-parker.
  • Cited: 0 times

CHECK THESE SAMPLES OF Nike-CEO Mark Parker

Customer Relation Management

The nature of Best Buy Inc is that of a giant retailer that sells products for the office, home, appliances, software and other miscellaneous services.... The company is located in Minnesota and with about 140,000 staff and personnel.... The main operations of the company however are… The target market of the Best Buy includes general consumers who are looking for electronic consumer goods....
5 Pages (1250 words) Essay

Colon Cancer In Men

The frequency is same both in men and women.... The risk of the disease increases after 40 years of age (El- Deiry, Emedicine). Colon… The most common predisposing condition leading to adenocarcinoma is adenomatous polyps.... Alterations in the adenomatous polyposis or APC gene as a result of mutations is the beginning point of development of the cancer....
4 Pages (1000 words) Essay

Why women are enthusiastic about Birkin bag by Hermes

It places you in the company of the likes of Victoria Beckham, Sarah Jessica parker, and Martha Stewart.... However, both Hermes and LV pursue a luxury pricing strategy which means high mark-ups and limited availability (Naveed, 2009).... Primarily, the discourse would address the following issues, to wit: (1) to determine the marketing strategy of Hermes; (2) to identify the marketing strategies of any other luxury brand;… (3) to enumerate the reasons why many women are enthusiastic about Birkin bag (Hermes) despite inexistent commercial advertisement; and finally (4) to identify what makes the Birkin so special to women. An Hermes Birkin bag is the “ultimate elite status symbol”, a dream of Birkin Bag by Hermes The essay aims to proffer the rationale for women's enthusiasm for Birkin bag by Hermes....
2 Pages (500 words) Research Paper

Wallmart (Global Economy, Global Competition)

The result was "the Wal-Mart effect (Ghemawat & mark, 2006).... Attract customers by offering a wide variety of lower priced products all under one roof.... This has been the driving strategy in shaping the company's culture and driving its growth.... With his vision to keep prices low, in the… Lower prices did keep profit margins low but increased volume was expected to make up for that....
5 Pages (1250 words) Research Paper

History and Heritage of the Nike Foundation

The firm is very well managed led by its CEO and President mark parker.... One of the first branded shoes the company released was the “Swoosh” which debuted in 1972.... Two innovations the shoes included were a superior outsole for better traction and lighter materials.... The first… He tragically died at the age of 24 and is still considered today by the company as the “soul of Nike” (Nikeinc). The 1980's was a tremendous decade for Nike....
2 Pages (500 words) Case Study

Case Study #4: Nike

Executive Leadership, Phil Night, mark parker, Characteristics Phil Knight, who co-founded Blue Ribbon Sports along with Bill Bowerman, is presently the chairman of Nike.... mark parker is the President and CEO of Nike since 2006.... Mr parker was appointed as appointed divisional Vice President in 1987 and since then he has risen through the ranks....
2 Pages (500 words) Essay

Entrepreneur Report: Nike Company

In the paper “Entrepreneur Report: Nike Company” the author analyzes the experience in leading of Nike Company of the CEO mark parker.... mark parker mark parker mark parker has been the CEO of Nike Company since 2006.... As CEO, mark parker has coordinated a number of Nike's biggest steps, including category offense strategy.... mark parker as the CEO, the company has emerged on top of these challenges (Parker, & Shaffer, 2014)....
2 Pages (500 words) Assignment

The Social Marketing Activities of Tesco

This case study "The Social Marketing Activities of Tesco" focuses on the social marketing activities of Tesco over the past years.... It presents examples of the social marketing activities of Tesco and compares Tesco with its competitors.... It presents suggestions on how to gain a long-term advantage....
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us