We in Telegram
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010
January 2011
February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

See the wild 1977 Nike memo that calls personal ambition a 'danger' and urges workers to 'fight the law'

A 1977 Nike memo describing the company's "principles"
A 1977 Nike memo describing the company's "principles"
  • In 1977, Nike executive Rob Strasser typed a list of 10 company "principles."
  • The raw and unfiltered list captures the irreverence and combativeness of early Nike employees. 
  • The memo's been recirculating on social media in recent months.

In 1977, Nike was at an inflection point. 

The company, still known at the time as Blue Ribbon Sports, was growing, but it had already been kicked out of two banks and it had yet to launch its industry-shaking Air sneakers. Michael Jordan was still playing high school basketball. 

Sales that year: $28.7 million. The company employed fewer than 1,000 people. It had yet to go public or become anything like the blue-chip, $46.7 billion, 79,000-employee colossus it is today. 

And most importantly: The federal government had just said the company owed it $25 million for unpaid tariffs on sneakers, an amount that cofounder Phil Knight said in his memoir would have simply put the company "out of business." 

Against that us-against-the-world backdrop, Nike executive Rob Strasser sat down and typed out a spirited list of 10 "principles" that range from "Break the rules; fight the law," to "It won't be pretty." The list, which captures the irreverence and competitiveness of early Nike employees, once again is making the rounds on social media.  

Memo reflects early days when Nike had to tangle with larger rivals – notably Adidas

Strasser is among the most important executives in industry history, both for his work during Nike's explosive early years and for establishing Adidas in the United States – work which led to a falling out with Knight. 

In 1985, Willamette Week, the company's hometown alternative newspaper, published a Loeb-winning story about Strasser with the headline, "The man who saved Nike." Not surprisingly, employees mocked the story with T-shirts emblazoned with Strasser's photo.

The memo he drafted often is erroneously attributed to Knight, a falsehood that Nike historian emeritus Scott Reames corrected in a recent LinkedIn post.

Reames characterized the list as "raw," and reflective of the company's scrappy early days when it had to stretch budgets – "Live off the land" – and tangle with much larger competitors, most notably Adidas – "This is as much about battle as about business." 

Reames's LinkedIn post noted Strasser feared too many employees had lost sight of Nike's values. Several former Nike employees replied to Reames and said they still have copies of the original document.

"For people to save a document that wasn't an official Nike decree, or put on a poster – for them to save it for 40 some odd years, that speaks for itself," Reames told Insider.

The memo taps into the shared sense of purpose that has driven Nike's culture, said Jana Panfilio, cofounder of 6453 Alumni, a Nike alumni group. 

"It's brilliant, simple and straightforward," she told Insider. What Nike's done has "never been done before. You're always entering the unknown because culture is always changing. Innovation is messy. Growth is messy." 

Knight didn't know about the memo before Strasser drafted it, according to Reames, but he later quipped about Strasser's memo-writing skills to Willamette Week. 

"He can get a message across without a lot of memos," Knight said, in the 1985 report, a reference to Strasser's gregarious, intense, fill-the-room personality. 

"Nike is the Miami Vice of the fitness business and Strasser is the keeper of the flame," a former Nike employee told Willamette Week for the same report.

Nike went public in 1980. Revenue had increased to $270 million since Strasser's burst of memo-writing productivity. It settled the customs dispute that year for $9 million. 

Strasser left Nike in 1987 and started up what became Adidas' US operations, which Knight described in his memoir as an "intolerable betrayal."

Strasser died in 1993. He and Knight never reconciled.

"I wish Strasser and I had patched things up before he died, but I don't know that it was possible," Knight wrote, in his memoir. "We were both born to compete, and we were both bad at forgiving."

In 2001, Nike introduced a set of 11 corporate "Maxims." In 2018, the company revised the Maxims and whittled the list down to five. 

One of them: "Be on the offense, always," a direct nod at Strasser's list, and a phrase that remains a favorite of Nike executives. 

Read the original article on Business Insider
Архангельск

АО «Транснефть-Север» оказало помощь в ликвидации пожара в поселке Приводино Архангельской области

Ange Postecoglou in spectacular touchline bust-up with fan before slamming ‘fragile’ Tottenham after Man City loss

MTA reveals new electric buses, charging stations in Queens

Gunmen open fire and kill 4 people, including 3 foreigners, in Afghanistan's central Bamyan province

Ballroom culture coming to the Long Beach Pride Festival

Ria.city






Read also

Manchester City star opens up on his Premier League ambition

Mexico City taco stand earns Michelin star

Road to nowhere

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Ange Postecoglou in spectacular touchline bust-up with fan before slamming ‘fragile’ Tottenham after Man City loss

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

MTA reveals new electric buses, charging stations in Queens



Sports today


Новости тенниса
Стефанос Циципас

«Спартак» подарит Циципасу клубную футболку



Спорт в России и мире
Москва

В Росгвардии стартовал чемпионат по боксу "Кубок Победы"



All sports news today





Sports in Russia today

Москва

Бег — один из самых популярных видов спорта у россиян


Новости России

Game News

Сегодня выходит Braid: Anniversary Edition на PC, консоли и смартфоны


Russian.city


Москва

«Действуют вразрез»: в Белом доме обеспокоены укреплением отношений России и Китая


Губернаторы России
Арцах

Обращение Аршака Карапетяна к соотечественникам


Шапки женские вязаные на Wildberries, 2024 — новый цвет от 392 руб. (модель 466)

В Петербурге автомобилист сбил 8-летнего мальчика на велосипеде

Сергей АРУТЮНОВ, Astero - Там

РОССИЯ И КИТАЙ: В МИРЕ ВОЗМОЖНА ГЕГЕМОНИЯ ЛИШЬ ИНТЕРЕСА НАРОДА, ЗАКОНА, ИСТИНЫ И СПРАВЕДЛИВОСТИ.


«Когда поняла, что вешу девяносто – я заплакала»: певица Бьянка поделилась историей похудения в шоу «УТРО.ТНТ»

Шапки женские вязаные на Wildberries, 2024 — новый цвет от 392 руб. (модель 466)

«Справляюсь только медикаментозно»: мать Тимати призналась в тяжелом недуге

«Я много раз в жизни ходил по краю»: Влад Топалов откровенно высказался в шоу «Человек-невидимка» на ТВ-3


Свищёв: МОК и ITF не будут реагировать на призывы наказать Хачанова

Первая ракетка Казахстана вышла в финал турнира WTA в Италии

«Подача на победу на Уимблдоне». Гвардиола – о заключительном туре АПЛ

Виктория Азаренко пробилась в четвертьфинал турнира WTA в Риме



16-летний сын известного московского адвоката задержан за убийство домработницы

Шапки женские вязаные на Wildberries, 2024 — новый цвет от 392 руб. (модель 466)

Сборная «Ахмат» - лидеры первого этапа Кубка класса МХ700

РОССИЯ И КИТАЙ: В МИРЕ ВОЗМОЖНА ГЕГЕМОНИЯ ЛИШЬ ИНТЕРЕСА НАРОДА, ЗАКОНА, ИСТИНЫ И СПРАВЕДЛИВОСТИ.


На заводах АО "Желдорреммаш" внедряется автоматизированная система по рекламационно-претензионной работе “Астрея”

«СВЯТОЙ ЛЕНИН» помогает Государственной Думе РФ оптимизировать налоговую сферу. «СВЯТОЙ кибер ЛЕНИН» удаляет налоги: перезагрузка.

В Бурятии прошла Байкальская театральная школа прошла - Россия, Культура и Дети

Футболисты «Локомотива» – в расширенном составе сборной России на июньский сбор


Baza: в Новой Москве жильцы поймали предполагаемого педофила

США обеспокоены взаимоотношениями России и Китая. Кирби: "У них есть одно общее желание"

Суперклуб из России хочет подписать футболиста сборной Казахстана

Солнце показало характер: ждут ли нас сильные магнитные бури в ближайшее время



Путин в России и мире






Персональные новости Russian.city
Песня

Совместная Песня со Звездой.



News Every Day

Glen Powell’s parents crash Texas movie screening to troll him




Friends of Today24

Музыкальные новости

Персональные новости