Philip Knight of Nike Essay - 1795 Words

Philip Knight is the chairman, CEO, and co-founder of Nike and he currently owns more than 90% of the firm. The company is internationally known for its trademark swoosh and its leadership in the athletic apparel industry. Philip H. Knights involvement with a sporting goods company is not accidental. He has always loved running, was a miler in college and has participated in marathons since. Knight received a BBA in Accounting at the University of Oregon in 1959, and was an MBA student at Stanford University. The revolution of the sports clothing industry began in 1964, when Knight and his partner, coach Bob Bowerman, began to import Japanese shoes and sell them to local track runners, under the company name Blue Ribbon Sports.†¦show more content†¦They do not only what law requires, but also what is required to be a leader of their industry. To do this their management practices are to respect the rights of all employees, and provide them the right to work in a place free of harassment, abuse or corporal punishment. The principle that decisions on hiring, salary, benefits, advancement, termination or retirement is based solely on the ability of an individual to do the job. They do not discriminate based on race, creed, gender, marital or maternity status, religious or political beliefs, age or sexual orientation. Also they make many efforts to minimize the impact on the environment and to provide a safe and health work environment. Nike has grown into the empire it is today by continuously introducing new features into its products, constantly looking for technological improvements, innovation, heavy advertising, and its excellent management. Although Knight has received a lot of negative press and publicity because of Nikes use of child labor in Indonesia and China, the footwear entrepreneur has been hailed as one of 1997s topShow MoreRelatedPhilip Knight Nike1849 Words   |  8 PagesPhilip Knight is the chairman, CEO, and co-founder of Nike and he currently owns more than 90% of the firm. The company is internationally known for its trademark swoosh and its leadership in the athletic apparel industry. Philip H. Knight s involvement with a sporting goods company is not accidental. He has always loved running, was a miler in college and has participated in marathons since. Knight received a BBA in Accounting at the University of Oregon in 1959, and was an MBA student at StanfordRead MoreEssay Nike591 Words à ‚  |  3 Pages Nike is a huge supplier if athletic shoes for the world these days. Philip H. 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Now with NikesRead MoreLeaders of the Sports World: Nike1369 Words   |  6 PagesLeaders of the Sports World Andrea M. Delvalle Etido Akpan Bus. 508 Strayer University Nike is the leader in sportswear and sporting equipment. It is a public company /major retail that was founded on January 25, 1964 as Blue Ribbon Sports. The company was headquartered in Oregon. It was founded by Bill Bowerman and Philip Knight. Philip Knight was a track athlete at the University of Oregon and his track coach, Bill Bowerman, helped him launch his idea. The company’s mission was to bringRead MoreEssay on History of Nike and Ecommerce986 Words   |  4 PagesHistory of Nike and E-commerce Nike is a major publicly traded sportswear and equipment supplier based in the United States. Nike, originally known as â€Å"Blue Ribbon Sports† was founded by University of Oregon track and field coach Bill Bowerman and student athlete Philip Knight in January of 1964. Blue Ribbon Sports was operated out of Knight’s automobile trunk, as a distributor for Japanese shoe make Onitsuka Tiger. Three years later in 1967, Blue Ribbon Sports opened up its first retail storeRead MoreUnethical Business Practice: Nike1499 Words   |  6 Pages The role of the government also plays a major role in these challenges that are faced by Nike. As we know that government laws and regulations differ from country to country and this makes manufacturing of products very difficult challenge for the international companies like Nike. The host governments have laws concerns against consumer protection, information and labeling, employment, wages and salaries and safety of the workers who work in those firms. The international organizations must keepRead MoreNike Business Case Study1380 Words   |  6 Pageseveryone does and Nike is a great example of that. Nike is a company who grew fast and looked for a cheap way to manufacture their products, by manufacturing overseas. Nike had a strong start but when people started protesting the company and their name was being dragged, they acted fast to recover to be the huge business they are today. Background The company Nike was founded in 1962 by Stanford University business graduate, Philip Knight. After graduating from Stanford, Knight traveled to JapanRead MoreNike Case Study1494 Words   |  6 PagesIntroduction: This paper is a case study of Nike Inc. I will give a brief overview of the history, products, company goals, company challenges, financial report and sourcing strategies. My main sources of information are internet databases, company annual reports, and financial articles. Company Overview: Nike Nike incorporated, the worlds leading designer and marketer of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activitiesRead MoreEthical Issues Of Business : Nike Essay2064 Words   |  9 PagesIssues in Business: Nike Nike was founded by Philip Knight and has become one of the most successful businesses of the 21st century. Philip Knight was the 6th richest man in 1997 and the company is still going strong (Nike Chronology, 2016). This is because Nike has been able to surmount a giant ethical crisis by demonstrating transparency when it comes to where their products are manufactured. When it was discovered that child labor and sweatshops were being taken advantage of by Nike, there was a largeRead MoreA Market Analysis Will Be On Nike, Inc.1336 Words   |  6 PagesThis market analysis will be on Nike, Inc. using the Porter’s Five Forces designed by Porter, (2008): 1) Competitive Rivalry within the Industry, 2) Bargaining Power of Suppliers, 3) Bargaining Power of Customers, 4) Threat of New Entrants, and 5) Threat of Substitute Products. Nike was founded in 1964 by Bill Bowerman a track coach at the University of Oregon who developed lightweight, durable running shoes along with Phil Knig ht one of his runners and a student of business at the University. Almost