Patagonia and Nike’s differences as companies are most illuminated in their mission statements. Patagonia’s is “build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.” Nike’s mission statement is "To bring inspiration and innovation to every athlete in the world,” making sure to clarify that “if you have a body, you are an athlete.” Both companies strive to be sustainable, but only one goes as far as to mention it in their mission statement, Patagonia truly living by their philosophy not to do unnecessary harm. This is shown in their culture and within the employees, seeing as they only hire people who truly share this ideal. Nike’s hunger for innovation, though beneficial …show more content…
This is highlighted by their recycling efforts, anti-consumerist marketing strategies, and product repair efforts. The company is maintained based on social responsibility of all parties involved, meaning each group is responsible for at least one change and sustainability project at any given time. The company further promotes this by investing within their employees in ways that truly benefit their working experience. These incentives include on-site child care, paid maternity and paternity leave, medical coverage, organic and healthy food options within their facilities, and leisure time to engage in active interests. Outsourced facilities, like Patagonia’s suppliers in Mexico, Sri Lanka, and Thailand are also Fair Trade certified, meaning they offer benefits and support to their partners through fair wages, good labor conditions, and other beneficial programs. One that particularly stood out was their bonuses, which they offer to the facilities directly, meaning they can either pocket their bonuses in addition to their regular wages, or combine them to benefit them in some fashion. In the past, they have combined bonuses to increase productivity and effectiveness within facilities by building child-care extensions to their locations, saving a lot of turnover and stress of the employees. Not only does this
This further appeals to the desire of people to be like those who have exceled, by suggesting that he is using Nike for its inherent features, not due to advertising revenue from the
Patagonia is a company that sells outerwear for sports such as mountain climbing, hiking, surfing and mountain biking. Headquartered next to the beach in Ventura, California, where executives don’t have offices and come to work in flip flops, and surf conditions are prominently displayed on the reception desk. Employees prefer surf breaks to gathering at the water cooler, and complementary outdoor excursions are just one of the perks of the employee benefit package. The culture at Patagonia prides itself on putting people and the environment first, letting the profits follow. In the past 30 years, Patagonia has grown from a company selling hand crafted mountain climbing gear out of a catalog to a successful outdoor clothing company with 2000
The NFL’s players, like in other professional sports leagues wear unique uniform and equipment. The NFL gets its uniforms from Nike (Solutions, 2018). They have been sponsoring the NFL since April 2012. The NFL does not have a specific sponsor for equipment. The NFL’s preceder to Nike as the sponsor was Reebok, which ran from 2002 to 2012 (Daughters, 2017).
Patagonia is an American outdoor clothing company whose strategic goal is to make high quality products for its most demanding customers and at the same time minimise the environmental impact of its products beside its profit motive. Its goal is to make a positive contribution to the environment. It wants to be transparent and honest with its customer on how it operates and wants to create unconventional ways to do so. It also wants to keeps their workers happy so that they are more productive and committed to the organisation.
I. Background and Company Analysis ________________________________________ Patagonia, founded by Yvon Chouinard in 1971, is an outdoor apparel company that has successfully integrated green elements into almost every business activity, from R&D to human resources management, to reduce harm to the environment. These elements firmly align with the corporate objectives of enhancing product and service quality, reducing environmental impacts and having constant innovation. These practices not only enable Patagonia to create values to its customers, but also help the company differentiate itself as innovative leader in the green segment of the industry. A. Orsato’s Framework - Competitive Environmental Strategies Patagonia should be considered
When it comes to athletic apparel, the first company people think of is either Nike or Adidas. Why is this so? Both Nike and Adidas have done an impressive job in marketing their products, with popular spokesperson like Kobe Bryant or Derrick Rose. Nike’s success is attributed to its products contributing to the success of the athletes who purchase them. Nike and Adidas seemed as though they had control on the athletic apparel oligopoly, but recently, Under Armour has become a serious competitor to the two companies.
Nike provided a clear lesson on how supply chain ethics are made visible and can impact a brand. Nike initially had hyper-growth in the 1970’s and early 1980’s. At this time, Nike outsourced the assembly of it’s products to third parties in Asia in order to both drive efficiency and lower labour costs. When asked about their questionable business practices with some of these third-parties, Nike publicly stated that they couldn’t be expected to be responsible for the practices of its suppliers. This statement led to national media and activist groups sharpening their focus on the business practices of Nike suppliers and by extension Nike.
Their swoosh logo and "just do it" slogan are highly recognized among the public. Innovation is the key aspect to Nike's competitive advantage. According to an article posted in Chicago Now, Nike President Charlie Denson said, "Our ability to be authentic, stay connected, and remain distinctive through innovating across all areas of our business is a definitive competitive advantage." The Nike Corporation prides itself in being a leader in their industry because of their innovation, and protecting these ideas with patents. Nike currently has approximately 3,750 patents to this date, which is way more than any other competitors including Adidas and Under Armour which are in the same
Starting with the Waffle Trainer to the Shox columns developed in 2001, certain technologies can only be found in Nike shoes. Since it early stages, Nike research facilities had evolved to the present 13,000 square feet building designated to the constant improvements of technologies. 4-Procurement: Nike is seeking to product innovation and sustainable growth and that requires new ways in order to continue in business. Nike is working with all its partners all over the world and the establishment of
Goals Nike focuses on pursuing opportunities and improving their product to enhance the human potential. Thereby they create product, services and experiences for athletes helping them overcome limitations such as climate and road types. Core Competency and Sustainable Competitive Advantage Nike’s have maxims to help Nike employees to create better products and provide better services for the customers. Henceforth creating better customer value compared to companies.
When a person hears or sees the word America, what do they think? America is a country that almost everyone in the world knows about because there are certain words and phrases that can be used to describe it. Some common terms are sports, equality, the melting pot, powerful, freedom, hard working, and some more. All of these words make up what is known as the American Identity. This American Identity has been built up over time by people’s actions and thoughts.
The reason why the company chooses popular product lines to be in this program is because every fair trade certified product sold sends a percentage of the money back to the workers who made it. This action by the company shows that they have a commitment to ethical production. Patagonia is an outdoor clothing and gear shop that provides very good products for people who love being outdoors, not only do they hold a high standard on their products but they also care very much about the environment. They take the lead in the industry by caring about the environment when manufacturing as well as treating workers fairly
The Mini Case manifests that Nike’s core competency is to create heroes. Nike spends over $1 billion per year sponsoring athletes, and transfer its brand image via celebrity effect. Nike sponsoring athletes who with huge potential, or even from disadvantaged backgrounds (Rothaemel, 2015). Those people’s success stand for “impossible to possible”, Nike impressing its customers that everyone can become a hero by these inspiring stories. From 1976 to 1983, Nike focused on product innovation, and launched the Air shoe which significantly contributed to a reversal in declining sales.
Simply put, Nike’s target market is mainly customers who have more concern for the quality and utility of the product than they have for the price at which the product is being sold. This helps to ensure that pricing never has to be adjusted downwards in attempts to woo in a larger number of customers. For any company to achieve success from the marketing strategies that it has put in place, it has to ensure that its strategy is flexible enough to keep up with the changing times and to also accommodate a large variety of customers. So as to do this, it is imperative that the products being produced by the company be innovative enough to exceed what is being provided by competitors in every possible way. Nike chose to take this into deep consideration and this resulted in it making a few changes on its marketing strategy.
Price Strengths 1. Low Cost Manufacturing Nike has a company who use the low cost manufacturing for production footwear. All of the Nike’s footwear virtually is manufactured outside of the United States by independent contract manufacturers such as Vietnam, China and Indonesia. Nike was operate multiple factories around the worlds. In 2014, Vietnam, China, and Indonesia manufactured roughly about 43%, 28%, and 25% of total Nike branded footwear and it has also operations in other country such as Argentina, Brazil, India, and Mexico.