Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Introduction of nike
Paper on nike historical overview and mission statement
Introduction of nike
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Introduction of nike
One lightweight shoe fundamentally changed how the world looked at staying fit and ignited the multibillion dollar fitness industry. This shoe, known as the Nike Waffle Racer, was developed by Bill Bowerman and marketed by Phil Knight in 1972. It had innovative features like the first rubber outsole and moisture wicking fabric and started America's obsession with exercising.
Bowerman was born in Portland, Oregon in 1911. He went to the University of Oregon where he studied physical education, wrote a best seller about running, and from 1949 to 1972, coached his alma mater into becoming a top-tier school for track and field. Bowerman was known for always demanding the highest effort from his athletes; he would demand the athletes to run three times a day. The Oregon coach always tried to be at the cutting edge of technology by designing better track surfaces, improved training, and, most importantly, developed the obsession for lightweight, high quality running shoes. Because of his constant desire to have the best shoe out there, he was able to innovate the running shoe industry, which had still relied on designs from fifty years ago, and developed the Waffle Racer, on which all running shoes are still based on. Yet as innovative as the shoe was, had Nike not had his former steeplechaser, Phil Knight, marketing the shoe, none of this would have mattered and casual runners today most likely would be still wearing canvas shoes.
Phil Knight was born in Portland in 1938 to Oregon's only billionaire, where he became interested in track in part because it "Allowed the people that trained the hardest to succeed." So in college, he studied shoe design while being coached by Bowerman. Knight was convinced that he could market the innovations developed by Bowerman. Knight successfully convinced star athletes to endorse his product, including Steve Prefontaine, a middle distance star racer, and four of the top seven American track Olympic qualifiers. This convinced other athletes to wear Nikes and it eventually trickled down to the ranks of Joe Jogger, who had just become part of the first running boom. Knight helped developed advertisements such as the famous Just Do It, and promoting the first ever cross-training shoe by getting famous two sport athlete Bo Jackson to endorse with the campaign “Bo Knows”. These slogans helped convince Americans to run and do other fitness activities.
The concept of a two-sport or multi-sport athlete enormously filters the list of great athletes throughout history and, if used as a measuring rod, leaves us with the best of all time: Bo Jackson. “Bo Jackson is not known in Spain, despite starring in Bo Knows Nike brand campaign that remains today, the most successful of the multinational” (Williams). “In these famous ads, which have Jackson first playing football and baseball, two sports that are professional, he then tries his luck at basketball with Michael Jordan, tennis with John McEnroe, ice hockey with Wayne Gretzky and track and field with Sea and Decker” (Williams). The first ad was so successful that Nike decided to produce more ads featuring Bo Jackson as the “all-star athlete”. These new ads featured him playing and participating in cycling, football with Welshman Ian Rush, who are professional athletes, cricket, surfing, weightlifting, and horse riding. Nike used Bo Jackson’s athletic abilities to form a gold mine “The first athlete in history to be selected as an All Star in two different sports” (Askew). Bo Jackson’s work as America’s greatest athlete of all time shows him to be a representative of American culture because he changed both the American past times of baseball and football, he helps Alabamians with fundraisers that benefit tornado victims, he represents American strength along with persistence, and he set a new height to sports that still haven’t been achieved today by any other athlete. According to Martin:
"Nike." Columbia Electronic Encyclopedia, 6th Edition 1. Academic Search Premier, EBSCOhost (accessed November 6, 2009).
A wise philosopher by the name of Alan Watts one said that to master anything, the foundational principles must be understood and perfected. At Nike, the original idea behind the company’s creation is still emphasized today; that is thanks to the foundation set by the creator Phil Knight. This original idea was to simply innovate the running shoe for total dominance. Today, they dominate not only the running shoe world, but the entire sports apparel market; globally. So how did it all begin?
Sonny Vaccaro, does that name ring a bell? Probably not, but not many people do. He is the man who developed Nike’s basketball shoe advertising strategy in the late 70s and early 80s. The most important thing he contributed was his advice to Nike before the NBA Draft in 1984. Nike was debating how to split up their funding between the top picks of that draft. The 1984 Draft included three future Hall of Famers in Hakeem Olajuwon, Charles Barkley, and none other than Michael Jordan. Sonny Vaccaro told the president at Nike that the only way to sign these players was to go all in on one of them, not splitting up budget between them. Then everyone at Nike asked him who they should go all in for, his reply was Michael Jordan. Not only did Vaccaro
The Swoosh logo was created by Caroline Davidson in 1971. Davidson was asked by Phil Knight, co-founder of Nike, to create a logo that could be placed on the side of the shoe. She gave him the Swoosh, and he in return gave her $35.00. When the Swoosh is inverted and placed next to the wing of The Nike of Samoth...
In 1965 two men by the names of Bill Bowerman and Phil Knight started Blue Ribbon Sports, now known as Nike, the business almost instantly became a top competitor. In 2012 Nike was said to have a net worth of 67 billion dollars, and co-founder Phil Knight a net worth of 18.7 billion dollars. The amount of profit Nike has attained is eye- opening, which made individuals that much more infuriated when they discovered Nike was accused of having sweatshops internationally. The accusations began in 1991 when activist Jeff Ballinger published a report, documenting the harsh conditions workers were forced to work in. Acknowledging the fact that Nike’s business plan was more about making profit than treating employees with any dignity. Nike’s strategy seemed to be to enter into poor nations where individuals were desperate for work. In 1996 it has been ...
Nike was first known as Blue Ribbon Sports, founded by University of Oregon track athlete Philip Knight and his coach Bill Bowerman in 1962. It officially became Nike, Inc. in 1978 while taking its name after the Greek goddess of victory. Mark Parker is the current CEO and Phil Knight still continues to hold a position at the top of the organization, as the company Chairman.
In 1972 Knight created Nike and paid a college student $35 to design a logo for his new company. In the early days of Nike they earned the reputation of having a party atmosphere at corporate events where screaming, fighting, and consuming alcohol and drugs were common and even encouraged. Nike became increasingly popular and was at the top of the sneaker game in 1990 when many forms of controversy and some questions of Knights character arose. Nike was able to get through the controversy and remain at the top of athletic footwear and Phil Knight was named the “most powerful” person in sports in 1993. The controversy continued to attract itself to Nike and as the founder and CEO many scrutinized the way Knight handled himself and the company in those situations. Phil Knight is one of the most successful self made billionaires in history but many dispute whether or not he is one of the best business leaders of a
Nike is one of the biggest footwear and apparel manufacturing companies in the word. The company came into existence in 1964 by Bill Boweman and Phil Knight and named it as the Blue Ribbon Sports. The company changed the name to Nike, which is Greek word meaning victory, in 1972 after producing a good brand of shoes that became popular among the athletes (NIKE, Inc., 2001). Since then, the company has been successful, dominating the world market of athletic shoes. The company’s products are sold in more than 170 countries across the world. The company also sponsors various sports events at national and international levels. The company slogan “just do it” is catchy and attract many people tom buying its products. This makes the company to grow continuously due to wide and stable customer base.
Phil Knight’s multifaceted approach to leadership has had not only a profound impact on his employees, but the athletic industry, and the world as a whole. Nike continues to be the top earning athletic wear brand in the world, employing tens of thousands of new employees every year throughout the globe. Operations transcend national borders, and traditional business approaches. By identifying and capitalizing on a market niche, having a strong vision, and the work ethic to achieve his goals, he has found unparalleled success.
In Oregon, the legendary Bill Bowerman, who joined forces with him in 1964 to become the number one company selling athletic shoes, coached Knight. It was Knight’s idea to sell a low cost shoe with a very high quality.
Nike Inc. was founded in 1962 by Bill Bowerman and Phil Knight as a partnership under the name, Blue Ribbon Sports. Our modest goal then was to distribute low-cost, high-quality Japanese athletic shoes to American consumers in an attempt to break Germany's domination of the domestic industry. In 2000 Nike Inc. not only manufactured and distributed athletic shoes at every marketable price point to a global market, but over 40% of our sales came from athletic apparel, sports equipment, and subsidiary ventures. Nike maintains traditional and non-traditional distribution channels in more than 100 countries targeting its primary market regions: United States, Europe, Asia Pacific, and the Americas (not including the United States).
Nike is the world famous company. It is an American multinational corporation which is occupied in the design, development, manufacturing and worldwide marketing and selling of the footwear, equipment and many more other services. The Nike Company was founded on 25 January 1964. The first founder Bill Bower man and the second founder Phil Knight. The Nike name comes from the Greek word goddess of victory. The mission of the Nike Company is to bring inspiration and innovation to every athlete in the world. There are two sides to Nike: the public face and hidden misery. It is the number one shoe maker in the world. This Company creates designs for all age groups, for instance, for men, women and for Children.
Nike recruits brand ambassadors from different parts of the world who top in athletes and who are having a good following in the public, which helps them to reach the audience that influences them to purchase the Nike sportswear. (MichaelSam85, 2011)
Athletic shoes, or more commonly known as sport shoes, are types of footwear primarily designed for physical activity or sport-related movement. Even though sport shoes were manufactured first in 1916 by Adi Dassler, the creator of one of the most prominent shoes company, the emergence of the first eminent demand happened in 1984, when Michael Jordan signed up with Nike, Inc. Since then, the demand of the athletic shoes has been skyrocketing and become one of the most used footwear in the modern world.