Thread regarding Nike Inc. layoffs

NKE downgraded - again

from turn around plan to wait and see

investors frustration and hsbc set a price target to 48, down from 90

no expectations in the near term...which means sell or hold, don't buy and wait for a long time

EH really dropped the ball, the innovation pipeline cited and pace of progress

what exactly has EH been doing for the last 2 years?

he should be sleeping on the floors of the innovation lab, trying productions on himself, working the assembly line in asian countries

doing something!! anything!!

I wish I could spend a week in those SLT meetings, does anyone have any gumption anymore, are they all too scared to speak their mind?

I truly feel that the environment of social norms these days has ki-led innovation


by
| 1 view | | 5 replies (last April 14) | Reply
Post ID: @OP+1kp4pwq6b

5 replies (most recent on top)

@d2 this is exactly what has happened

If the ELT team read that, what would they do, shrug their shoulders and make up some excuse to do nothing

or, would someone speak up and say, we gotta fix this, speak ideas now?

by
| | Reply
Post ID: @d9+1kp4pwq6b

@b0
I agree. I didn’t know it went back before 2000, but I’ve watched it get worse over the last 15 years.

In my experience, too much of the Nike hiring approach has been driven by confirmation bias and optics rather than a fair evaluation of who is actually best for the role. Look at our current roster of VPs for evidence. I’ve seen repeated cases where the strongest candidate did not get hired, and where the interview process appeared structured in a way that favored a biased outcome from the start.

I’ve also seen a pattern where people are encouraged to speak candidly and think independently, but when they actually do it, the cost can fall on them. What gets praised in theory is not always protected in practice. Over time, that teaches people that candor is risky and that managing up is safer.

That is how echo chambers get built and maintained. Independent thinking gets treated as misalignment, difficult truths get filtered out, and the result is a slower, more political organization with more bureaucracy, less candor, and fewer people willing to say what actually needs to be said.

by
| | Reply
Post ID: @d2+1kp4pwq6b

At least we diverse

by
| | Reply
Post ID: @cm+1kp4pwq6b

wealth does not determine motivation

if EH took the job as ceo for more wealth, than we already lost

wealth should not decrease motivation, if anything it should increase it, the lure of more, makes one more of a risk taker, increases confidence

what I'm hearing is that the entire ELT team is ok with mediocracy and watching the stock fall because they make enough money to not give a hoot after x number of year

so we just sit around and wait until someone comes along that can, and wants to, get the job done?

by
| | Reply
Post ID: @b0+1kp4pwq6b

EH is already wealthy
the creative culture that we had pre 2000 has been carved up
what we have now is just blah and blande

by
| | Reply
Post ID: @ar+1kp4pwq6b

Post a reply

: