VA and his lunatic crew need to go first, with EH right behind them. EH has been letting more people go than JD ever did. At this rate, VA will soon take over completely and water the brand down to something barely recognizable.
4 replies (most recent on top)
This transformation will require decisive execution, which has historically been one of our biggest challenges. Over the past several years, multiple strategic initiatives have been introduced, but many have struggled to gain momentum due to organizational instability, frequent restructurings, and inconsistent follow-through. We often spend significant time evaluating and re-evaluating decisions rather than committing to execution.A clear example is our product portfolio in China. Despite recognizing the need for meaningful change, progress has remained limited because we continue to focus on planning rather than implementation.The same pattern exists internally. We have substantial organizational complexity, including roles and structures that may no longer align with the company's priorities. Yet we continue to debate how to drive greater accountability and performance instead of taking decisive action. There is extensive discussion about creating a higher-performance culture and addressing underperformance, but less urgency around execution.Additionally, there appears to be significant duplication of responsibilities across multiple functions and organizations reporting into EH. The opportunity to simplify structures and improve efficiency has been identified, but action has been slower than the situation demands.Ultimately, the challenge is not a lack of awareness of the issues. The challenge is our ability to make decisions, commit to them, and execute with consistency and conviction.
Unpopular opinion: Changing EH would signal desperation to the market and accelerate the spiral. given the magnitude of the current economic and cultural headwinds the company is facing on a macro level, I don’t think there is any CEO who is going to be able to return Nike to growth in a quarter or two, or even a year or two. It takes a very long time to turn an organization in the best of conditions. People are understandably impatient and many are now worried about the security of their jobs, and huge losses in their portfolios… all I’m saying is that bringing someone in from outside is going to slow things even further. EH is not making these plans in a vacuum, and he has less control than you think he does. We could argue if it is all the right people, but he has an army of advisors both formal and informal. Thinking someone magical is going to come in from outside and fix everything in a quarter or two is unrealistic belief in a corporate savior. No matter who is in charge, the next five years are going to be a dog fight. Get rid of him now, and the masses get the momentary satisfaction of “vindication”, but it will be worse than the long run. People were clamoring to oust MF and couldn’t be faster to complain about the next one. Rinse, repeat. Buckle up, there is no corporate savior coming.
Agree!
VA 🤢