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PESTLE Analysis Of Nike

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Political

Nike, Inc. is an American multinational organization that is engaged in the development, design, manufacturing and worldwide marketing and sales of footwear, apparel, equipment, accessories and services (wiki). It operates across in different countries across the world. Political situation in the different countries are significantly varying in nature. Nike’s profits, marketing, sponsorship and adverting strategies are best amongst all other sportswear organizations. Organizations growth is hugely dependant on the legal regulations and political norms in the country where they are located.
In the estimation of a few spectators, Nike has profited significantly from the development orientated policies of the US government, which has …show more content…

Few business models in big organizations have implementation of CSR which involves both the compliance and actions that result in some kind of social good. This is aimed at looking beyond the interests and compliance necessities of the company and embracing added responsibilities in order to create a positive impact on the stakeholder groups of the company as well as on the environment.
Nike being an athletic brand is committed to deliver innovation and inspiration to every sports person. Nike has gone beyond corporate social responsibility and say it Sustainable Business & innovation. Nike believes in Innovation and it helps in improving the products they make. Over the past 15 years, Nike have evolved in attaining sustainable reactively as a reputation management issue as a key driving force of innovation and a crucial source of competitive advantage in the company. (Sustainable Business Performance Summary, …show more content…

The Committee meets five times each year to review strategies and plans for corporate responsibility. (Nike Governance, 2015)
The Board of the company has adopted many corporate governance guidelines to help the Board in exercise of its responsibilities. These guidelines reflect the commitment of the board to monitor the effectiveness of policy and decision making at all the leadership levels of the company. These guidelines are reviewed annually by nominations, corporate governance committee and the Board.
Nike was one of the first U.S. companies to have link connection between independent contractor manufacturing and the company that contracts the work. Nike has always been renowned for its corporate governance policies. The corporate governance structure followed in the company is mostly based on sustainability, responsibility and compliance. The corporate governance structure of Jaguar is based on business governance and has played a significant part in helping the organization to attain to the current prestigious and financial beneficial

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