Rob Strasser Wikipedia, Nike, Net Worth, Daughter, Wiki

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Rob Strasser Wikipedia, Nike, Net Worth, Girl, Wiki

Rob Strasser Wikipedia, Nike, Net Worth, Daughter, Wiki – The first edition of this story appeared in January 2023. Following the premiere of “Air,” a movie about how Nike signed Michael Jordan, in April 2023, it was republished.

Rob Strasser Wikipedia, Nike, Net Worth, Girl, WikiRob Strasser Wikipedia, Nike, Net Worth, Girl, Wiki

The 1977 memo is frequently featured in the film, including posters in Phil Knight’s office. Despite being a basic Nike corporate document, the employees there couldn’t recall ever seeing it displayed as a poster. Nike was at a turning point in 1977.

Thanks to “Air,” Nike’s 1977 memo urging employees to “go against the law” and treat personal ambition as a “danger” is receiving renewed attention.

The business, then still known as Blue Ribbon Sports, was expanding but had previously been evicted from two banks and had yet to introduce its groundbreaking Air coaches. High school basketball is still played by Michael Jordan.

$28.7 million in revenue that year. There are less than 1,000 employees in the company. It’s still not public and isn’t even close to blue-chip, $46.7 billion, huge 79,000 employees as it is now.

The government just announced that the company owes them $25 million in unpaid taxes on coaches, which, according to co-founder Phil Knight’s autobiography, would put the company “out of work.” “.

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Rob Strasser, a Nike executive, sat down and wrote a passionate list of 10 “principles” in the context between us and that world. These principles include the word “Breaking the rules; against the law,” to “It won’t be pretty.” Lists summarizing the rivalry and disrespect of Nike’s early employees, are once again trending on social media.

The memo recalls the early years Nike competed against larger rivals, especially Adidas.

For his work during Nike’s spectacular early years and for founding Adidas in the United States, the work that led to Knight’s downfall, Strasser is one of the most important executives in the history of the industry. .

The Loeb Prize-winning article on Strasser was published in 1985 by Willamette Week, the company’s hometown alternative newspaper, with the headline “The Man Who Saved Nike”. Employees naturally mocked the news by wearing T-shirts with Strasser’s picture on it.

Knight is often mistaken for the memo writer, a misconception that Nike emeritus historian Scott Reames clarified in a recent LinkedIn post.

Reames describes the list as “raw”, recalling memories of the company’s difficult early years as “Away” and competing with much larger rivals, most notably Adidas – ” This is about war as much as it is about business.”

According to Reames’ LinkedIn post, Strasser is concerned that too many employees have forgotten Nike’s core principles. Reames received a response from several former Nike employees who claimed to still own the original material.

Reames told Insider: “For people to save a document that isn’t an official Nike ordinance or stick it on a poster – for them to save it for 40 years or a few odd years, that speaks for itself. According to Jana Panfilio, the memo resonated with the common goal that shaped Nike’s culture.

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The 1985 report quoted Knight as saying of Strasser, “He could get a message across without a lot of memorization”, referring to his outgoing, intense and “room-filling” demeanor. that.

A former Nike employee told Willamette Week of a similar story that “Nike was the fitness business manager in Miami and Strasser was the one keeping the flame.”

In 1980, Nike went public. Since Strasser’s explosive memo-writing productivity, sales have grown to $270 million. For $9 million, the customs dispute was settled.

In his memoir, Knight said, “I wish Strasser and I had fixed things before he died, but I didn’t know that was possible.” “We’re both terrible at forgiving and we were both born to compete.”

Nike announced the company’s collection of 11 “Mottos” in 2001. The Group changed the Mottos in 2018 and reduced the list to five. One of them is “Always On Attack,” an obvious reference to Strasser’s roster and a favorite of Nike executives.

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