Question
How Nike Motivates Nike motivates it employees by making them feel as if their work has more in common with Mother Teresa than Henry Ford.
How Nike Motivates Nike motivates it employees by making them feel as if their work has more in common with Mother Teresa than Henry Ford. Their guiding philosophy has the power to influence, inspire and challenge employees on a daily basis. Nike Corporation global strategy for human resources (HR) is to help unleash this potential across every area of their business by enabling leaders to make great decisions that, in turn, enable Nike's business growth. Their HR function supports growth goals as partners to their leaders to ensure they evolve the organisation to support all of their brands, ensure operational and functional excellence, and plan the size and cost of their global workforce. Moreover, Nike Corporation challenged employees through group exercises and brainstorming sessions to define how the future could look and how they would get there. Furthermore, employees' insights during that exercise helped them to shape their business approach to sustainability and employees' roles in delivering on that. Nike has a lush headquarters, which is not shoving basketball stats down their throats. They also pay them well. Nike's managers are role models who inspire their teams, live the passion of Nike Corporation and promote creative environments for best thinking and work. Nike's commitment to its workforce includes enabling managers and leaders to be levers for accelerating the company's growth. They also invest in their leaders by providing learning and development opportunities that teach managers how to amplify their employees' talent, energy and capabilities. According to the senior management of Nike Corporation "being a "talent multiplier" is not about making people work harder, but about engaging them in a way that helps them produce better and more relevant work." by the Therefore, to ensure Nike to continue to grow, Nike Corporation is investing significantly in the areas of sustainable talent practices and infrastructure. Nike celebrates and rewards successful employee results through excellent benefits and rewards. Nike offers competitive total compensation, including benefits that provide employees the opportunity to stay fit, ensure the wellness of their families and enable a positive working environment. (Nike report, 2011) As a global company, every geographic location is different, but each provides for variable health coverage, fitness centre memberships, time off, retirement savings and more. Total benefits packages depend on position, location and years with the company.
The range of benefits available includes:
Health insurance
Life and accident insurance
Disability insurance
Retirement savings plan with a company contribution
Employee stock purchase plan (15 percent discount)
Paid vacations and holidays
Paid sabbaticals
Product discounts
Onsite fitness centre/fitness discounts
Transportation allowance/discount
Tuition assistance
Question
You have been tasked with putting together a high performance team to come up with a cutting edge design for a Nike footwear. Explain how you will select the members of this team and ensure that the team performs highly.
In your response do the following:
Explain how you will select the team members
Explain the characteristics of a high performance team - These being Clear goals, Relevant Skills, Mutual Trust, Unified Commitment, Good Communication, Negotiation Skills, Appropriate Leadership and Internal/External Support
Explain how you will ensure that the team meets the requirements of a high performance team.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started