PHK, I remember being bussed to Portland and captivated by your plea for our forgiveness as you took ownership and said that "we had lost our way and it was your fault". As you did, folks around me yelled that it was not your fault but you emotionally explained that you made a mistake in hiring the CEO and then you proceeded to roll out the maxims.
You believed in our ability to grow your company and we were inspired and did it. Over the last several years we have been on our back foot. Cutting innovation and running scared to start Covid and now cutting 2 billion dollars in costs is screaming that our leaders don't believe in these two maxims anymore.
I was embarrassed by the lack of professionalism in our last Global All Hands, but Nike's ELT needs to trust us to grow the company. Here are several actions that need to be taken and announced in an All Hands meeting in the next couple of weeks because even we stalwarts are losing faith in Nike doing the right thing.
- Ensure Employees that PTO as we know it is not going away!!
- Double or triple the service awards- Value those who still believe in Nike
- Trust us to WFH Mondays and Fridays
- ELT needs to announce a 50% pay cut for themselves and stop phase 2 of the layoff.
- Double down on innovation and key sporting events like the Paris Olympics.
- Ensure that the next % strategy is 95% focused on growing our way out of our situation and being on the offense. Please trust and believe in us and the NIKE Brand and we will deliver.
Just Do It!!!