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Nike Management

Essay by   •  September 20, 2011  •  Essay  •  363 Words (2 Pages)  •  1,515 Views

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Nike

Nike management has established one of the most recognizable sports brand in the world. Nike marketing strategy has seen the Nike brand go from strength to strength. Nike's strategic management was established by former CEO Philip Knight. Many co-workers have quoted his style of management as "very distinctive". Philip Knight said of his Nike leadership style that the company was grown around his distinctiveness. Knight has seen many of the maverick behaviors which explain their success in one obvious way, by not following the herd, they follow the money. The way the Nike Company motivate their employees is that among their benefits they are given a three-day work week, an option allowing Nike workers the opportunity to work three consecutive 12-hour days instead of a normal 40-hour work week. Nike pays for the four additional; hours to make a full week. The company also grants paternity leaves and personal religious holidays without counting them towards the employee's personal leave allotment. There's more. Nike gives out bonuses regularly, based on the company's success; And In case you haven't heard, Nike was successful to the tune of $9.2 billion in the worldwide sales last year.

One more thing; each quarter Nike employees walk away with four or five pair of shoes. Air Jordan's, Air Penny's absolutely free.

The majority of challenges Nike had to overcome in the HR Management involved ethical issues and debates. Even though Nike was providing jobs to those who may not otherwise have one, it was paying "a mere $1.60 a day to Vietnam factory workers when the living wages is a least $3 a day", (Hill, 2009). Nike could have avoided this challenge by paying each employee worker the living wage of the country he or she lives in to purchase necessary items. Nike hired former U.N. Ambassador Andrew Young to tour the overseas facilities and evaluate labor practices. Young's report generally cited good working conditions in the factories he visited and suggested minor areas of improvement for Nike. The Company says it is taking steps to ensure that Nike and its partners follow the Company's code of conduct: to "always do what is expected, as well as required of a leader."

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