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Carroll School of Management

Mark Parker

President and Chief Executive Officer, NIKE, Inc.


“Innovating to Inspire: Designing the NIKE of the Future”

Innovation and inspiration are important to every athlete, whether “you’re LeBron James or you’re James from down the street,” Mark Parker, president and chief executive officer of NIKE, Inc., told the May 1 meeting of the Boston College Chief Executives’ Club of Boston. In its four decades of making products for top performers, Nike has developed a work environment in which employee curiosity—and innovation—are encouraged, Parker said. Robert Kraft, chairman of The Kraft Group, introduced the speaker.

TAKEAWAYS

“When you work with athletes … you don’t just innovate for the sake of change. You innovate to change the outcome. And because our athletes demand that we get it right, it keeps us focused on what’s essential and really what matters. And that, in turn, propels us to develop products that are authentic yet that allow us to connect with consumers in a real meaningful way.” TRANSCRIPT AND VIDEO »

“People would sometimes ask … What more can you do with shoes that hasn’t already been done? You know, that goes back to 1979.… And as much as sports and the business of sports has changed in 35 years, my answer to that basic question has never changed.… I still see almost endless opportunities for new innovations and new works to inspire consumers.” TRANSCRIPT AND VIDEO »

“We’re working closely with the government [U.S. government] on the TPP [Trans-Pacific Partnership] work that’s going on.… We support a leveling of the playing field.” TRANSCRIPT AND VIDEO »

“There are literally so many opportunities in all facets of our business … that we have to really edit and focus on the things that really matter. And that’s probably the biggest challenge or opportunity we have.” TRANSCRIPT AND VIDEO »

PRESS COVERAGE

Reuters (via Chicago Tribune, Yahoo News, Daily Europe, New Straits Times): “Nike CEO says could shift China production over labor strife” ARTICLE »

Portland Business Journal: “Nike CEO: We’re still hopeful a deal can be reached to drop Vietnam tariffs on footwear” ARTICLE »

Boston Business Journal: “Nike boss hints at Apple role in FuelBand replacement”
ARTICLE »

Boston Globe: “Nike chief steps out in style in Hub” ARTICLE »

Boston Herald.com, Biz SM@rt: “Nike CEO: Converse steps up” ARTICLE »