How did the focus on athletes and building trust contribute to Nike's success?

Nike's ethos has significantly influenced corporate strategies in the sporting goods industry. The company's focus on athletes and building trust has been a key part of its strategy. This "us against the world" approach has helped Nike overcome challenges such as losing their main Japanese supplier, dealing with uneven supply and excess inventory, and even battling the government over import taxes. This ethos has not only shaped Nike's own strategies but has also set a precedent for other companies in the industry, encouraging them to focus on their customers and build strong relationships based on trust.

Some innovative approaches discussed in Shoe Dog that can be applied in traditional sectors include fostering a strong team spirit and trust within the organization, focusing on the needs and wants of the customers, and adopting an "us against the world" approach to overcome challenges. These strategies can be applied in traditional sectors to improve team cohesion, customer satisfaction, and resilience in the face of adversity.