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Phil Knight

Phil Knight

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All about phil knight
All about phil knight

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Published by: asdf4567 on Jun 13, 2010
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04/07/2014

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LEADERSHIP
TERM REPORTON
PHIL KNIGHT
Submitted to
 SIR RAZA H.SYED
Submiited by
y
 
HARIS AHMED KHAN
BAHRIA INSTITUTE OF MANAGEMENT ANDCOMPUTER SCIENCES, KARACHI
 
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ABOUT PHIL KNIGHT
Phil Knight was born February 24, 1938 in Portland, Oregon, the son of alawyer and future newspaper publisher. Knight attended Cleveland High Schoolin Portland and then the University of Oregon in Eugene, where he was amember of Phi Gamma Delta ("FIJI") fraternity and earned a journalism degreein 1959. He was a middle-distance runner at the school under track coach BillBowerman and ran a personal best 4:10 mile, winning varsity letters for trackin 1957, 1958, and 1959.Right after graduating from Oregon, Knight enlisted in the Army and servedone year on active duty and seven years in the Army Reserve. After the year of active duty, he enrolled at Stanford Graduate School of Business. In FrankShallenberger's Small Business class, Knight developed a love affair withsomething besides sports ² he discovered he was an entrepreneur. Knightrecalls in a Stanford Magazine article "That class was an 'aha!' moment" ..."Shallenberger defined the type of person who was an entrepreneur--and Irealized he was talking to me. I remember after saying to myself: 'This isreally what I would like to do.' "In this class Knight needed to create abusiness plan. His paper, "Can Japanese Sports Shoes Do to German SportsShoes What Japanese Cameras Did to German Cameras?", essentially was thepremise to his foray into selling running shoes. He graduated with a Masters of Business Administration from the school in 1962.Knight set out on a trip around the world after graduation, during which hemade a stop in Kobe, Japan in November 1962. It was there he discoveredTiger brand running shoes, manufactured in Kobe by the Onitsuka Co. Soimpressed with the quality and low cost, Knight made a cold call on Mr.Onitsuka, who agreed to meet with him. By the end of the meeting, Knight hadsecured distribution rights for the western United States for Tiger runningshoes.
 
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The first Tiger samples would take more than a year to be shipped to Knight,during which time he found a job as an accountant in Portland, Oregon. WhenKnight finally received the shoe samples, he mailed two pairs to Bill Bowermanin Eugene in the hope of gaining a sale and an influential endorsement. ToKnight's surprise, Bowerman not only ordered the Tiger shoes, he offered tobecome a partner with Knight and would provide some design ideas for betterrunning shoes. The two men shook hands on a partnership on January 25,1964, the birth date of Blue Ribbon Sports, forerunner to Nike.
 
PHIL KNIGHT'S SUCCESS AS CEO OF NIKE
Phil knight was CEO of Nike for 33 years and known as one of the bestbusiness leaders of all time. He made Nike one of the most profitablecompanies in the world.Phil Knight's success as CEO of Nike is in large part due to his tremendousleadership skills. Welch knew how to effectively communicate key ideas to therest of the staff, not only by delivering messages, but persistently repeatingthem over and over, and ultimately driving the messages home.
³An organization's ability to learn, and translate that learning intoaction rapidly, it is the ultimate competitive advantage´ 
.Knight¶s corporate culture is like no other; what he hated about theorganization in his early days as a chemical engineer is exactly what hetransformed as CEO: the red tape and bureaucracy of the company. Hechanged that by making it an informal learning environment, which he liked toRefer to as a "grocery store."

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