Role 2: Chief Executive Officer (CEO) - Background
Shareholders are pushing your company to improve profits and so manufacturing off-shore with cheaper labour and attractive tax deals is an appealing choice.
Nike Community focuses on finding the most effective and innovative approaches and programs for driving change and then test and refine them before taking them to scale. Their community spent totaled $95.5 million over the two fiscal years covered in this report. This includes cash, product and in-kind donations.
SPIEGEL spoke to Philips CEO Gerard Kleisterlee about the importance of the European semi-conductor industry, the future of consumer electronics and the ways in which globalization is impacting the Dutch electronics giant. During the past 30 years, Philips has outsourced much of its manufacturing and shrunken its workforce from 400,000 to 160,000.
Garments produced in Latin America and imported into the United States represent a growing segment of the U.S. clothing market. As industry analysts, business people and, increasingly, workers, realize, such a development is by no means accidental. It is the product of a search for higher profits by U.S. apparel companies, by some of their competitors like Korean-owned contractors, and, above all, by large clothing buyers such as Wal Mart and Macy's at the expense of low-wage labor in Latin America. It is also the product of trade policies and political decisions adopted by the U.S. and Latin American governments.
Walmart CEO Doug McMillon shared how he's leading change and evolving the business of a 52 year-old company: "When making decisions, move with speed but use collective wisdom." During an interview at Stanford Graduate School of Business, McMillon also discussed the impact of globalization and culture on today’s business strategy.
This video is part of a Global Speaker Series and View From The Top series co-sponsored event at Stanford Graduate School of Business.
The phenomenon of globalization began in a primitive form when humans first settled into different areas of the world; however, it has shown a rather steady and rapid progress in recent times and has become an international dynamic which, due to technological advancements, has increased in speed and scale, so that countries in all five continents have been affected and engaged.
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UNIQLO has worked hard to create everyday clothes for a better life. Our LifeWear concept epitomizes that long-standing commitment. Created and designed entirely by UNIQLO, LifeWear is a truly new category of clothing.
Everlane, an apparel company started in 2011, has a policy of Radical Transparency that aims to change all of that.
Founded by Michael Preysman on the premise that customers should know what goes on behind each price tag, Everlane promises to be transparent in every aspect of their business, and to deliver high-quality products at affordable prices by skipping unnecessary middlemen.