Nike Organizational Structure Chart: Manual Characteristics
Without question, it leads the world in sporting equipment, clothing, and footwear. The business has maintained its internal hierarchy and functional management structure while achieving recognition on a global scale.
In response to geographical expansion, Nike has built flexibility into its organizational structure over time. It is currently found in different nations, both within and between regions. That's why every startup and entrepreneur wants to emulate its organizational culture. Are you curious to learn more? Therefore, let us now review the organizational structure of the Nike Company in this article review.
- Part 1. What Organizational Structure Type Does Nike Use
- Part 2. Nike Organizational Structure Chart
- Part 3. Pros and Cons of the Structure
- Part 4. Bonus: Best Tool to Make a Nike Organizational Structure Chart
- Part 5. FAQs about Nike’s Organizational Structure
Part 1. What Organizational Structure Type Does Nike Use
Many large firms use matrix company structures, which split authority both horizontally and vertically. Nike's organizational structure is based on this method. It differs from the conventional hierarchical framework. Workers may be accountable to more than one supervisor, typically a project manager and a functional supervisor. It lowers management issues and is more efficient.
The business has a regionalized business plan. It focuses on satisfying the demand for equipment, clothing, and footwear unique to each market. It has also assisted Nike in promoting bureaucracy among staff members and regional divisions and maximizing openness. In line with all of that, let us now discuss the Nike corporate organizational structure in the next portion of this article.
Part 2. Nike Organizational Structure Chart
ਦ Nike Company's organizational structure is a reflection of its diverse product offerings and global reach. These are the salient features that Nike has employed to address the dynamics of the market effectively.
Corporate Leadership
The executive leadership team at the top of the Nike organization forms the foundation of the organizational structure. This group is in charge of managing the company's worldwide operations and strategic direction.
Segmentation of Nike Business
Nike has segmented its business into several major categories. Each category has control over manufacturing, distributing, marketing, and others, respectively, on respective products. The main business categories of the company are the below:
• Nike Brand designs. It distributes and markets Nike's footwear, apparel, as well as equipment.
• Converse. This is a subsidiary subsidiary of Nike and maintains control over the design and marketing of Converse footwear and apparel.
• Jordan. This is responsible for the global marketing, design, and distribution of Air Jordan athletic footwear, which, however, is mostly basketball.
Function Globally
The Nike Brand, corporate, and regional divisions are all supported by the company's Oregon headquarters, which also oversees global operations. Global supply chain management, global marketing, global finance, and global administration are a few important roles. A global chief officer leads every functional unit.
Market in Regional Field
Nike is a regional market specialist, as was previously mentioned. A senior manager oversees the three management functions of equipment, footwear, and apparel in each regional office. There are multiple departments for every function. Nike has been able to adapt its divisional structure to match the demands of different markets.
Brand Licensing
Nike maintains a separate worldwide operation for brand licensing despite its tiny size. To distribute its products globally, the corporation works with local businesses and licenses its products. It maximizes the advantages of other brands and Nike's global operations by making the products available to consumers in the local area.
Part 3. Pros and Cons of the Structure
Nike's matrix organization was fashioned to increase global flexibility and allow for much more collaboration. The functional and project-based management of this company under this structure ensures the best possible performance and innovation because they are combined. That has many benefits, but it also comes with some disadvantages that may affect the productivity and experience of employees. Here's a summary of the advantages and disadvantages of Nike's organizational structure:
ਪ੍ਰੋ
- Improved Collaboration Encourages teamwork between functions.
- More Flexible It responds to any market fluctuation.
- Effective Resources Wisely utilizes all resources.
- Improved Communication Eliminates the departmental silos.
- ਆਈਡੀਆ ਜਨਰੇਸ਼ਨ Generates multiple ideas.
ਕਾਨਸ
- Chaotic Report Overwhelming with a number of managers.
- Conflicting Power Has overlapping responsibilities.
- Increased Managerial Load It creates stress among the managers
- Increases Cost Increased co-coordinations would, thus, increase the cost.
- Role Ambiguity People have fuzzy roles.
Part 4. Bonus: Best Tool to Make a Nike Organizational Structure Chart
MindOnMap
With that being said, do you need to create an organizational structure for your business or project? Check out the incredible tool of MindOnMap. This tool is great for creating organizational charts as well as many other kinds of charts and maps. More than that, it's an incredibly user-friendly tool.
Furthermore, MindOnMap includes all the tools and elements you need, whether you require a mind map or a chart for a business like Nike. The tool has it all for you; all you need to do is look through its main interface, and you will see it right away. And much more, the marvelous shapes and objects can be applied at once. And much more, the tool is totally free and accessible to everybody. We just need to access its official website or download the marvelous software for more advanced features. Indeed, with MindOnMaps, we can enjoy having an incredible output of an organizational chart for the well-flowing behavior of the company.
ਜਰੂਰੀ ਚੀਜਾ
• There are templates for MindMaps org templates.
• You can insert links and pictures.
• Automatic saving process
• Output media files in wide formats.
Part 5. FAQs about Nike’s Organizational Structure
Is Nike a flat structure?
It is not a flat structure. Nike follows the matrix form of organization, meaning employees will report to not one but several managers working on different functions and projects, both vertical and horizontal divisions.
What is Nike’s organizational culture?
In short, the organizational culture of Nike is innovative, diverse, and competitive. It values teamwork, inclusion, personal accountability, encouragement of creativity as well as a growth mindset for employees.
What is Nike's ownership structure?
Nike Inc. is publicly traded and is listed on the NYSE, where institutional investors, individual shareholders, and the Knight family hold shares. Phil Knight owns a huge individual stake.
What does Nike sell?
In the athletic arena, products for Nike are ranging from footwear to apparel as well as equipment. Most of the products serve sports and exercises, ranging from running and basketball to training and lifestyle.
What is the mission statement of Nike?
Nike's mission is to "bring inspiration and innovation to every athlete in the world." The company believes that if you have a body, you are an athlete and they want to improve performance for all.
ਸਿੱਟਾ
One thing that can be learned from the ਸੰਗਠਨਾਤਮਕ ਬਣਤਰ of Nike company reflects its ability to adapt well to the local market while maintaining the corporate structure. This has enabled the company to venture into regional markets with guaranteed profit. Simplicity, flexibility, and well put together sums it all. Are you a business student who wishes to know about market giants and their corporate culture? MindOnMap is for sure a better companion. It has numerous organizational charts for different purposes. You can even brainstorm ideas for the next project you have with its mind-mapping space. So, visit its website or install the software on your computer and find something useful for your company.
ਆਪਣੇ ਮਨ ਦਾ ਨਕਸ਼ਾ ਬਣਾਓ ਜਿਵੇਂ ਤੁਸੀਂ ਚਾਹੁੰਦੇ ਹੋ