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Companies might face several obstacles when trying to implement a people-first approach. Firstly, it requires a significant shift in mindset from profit-driven to people-driven, which can be challenging for some organizations. Secondly, it may require substantial investment in employee development and welfare, which could impact short-term profitability. Lastly, there might be resistance from employees who are used to traditional hierarchical structures. To overcome these obstacles, companies need to communicate the benefits of the people-first approach clearly to all stakeholders, invest in training and development, and gradually implement changes to minimize resistance.
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The iconic Nike sporting goods company started over 50 years ago as a ‘crazy idea’ in the mind of a young runner in Oregon. Shoe Dog is Phil Knight’s...
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In 2000 my oldest son, Matthew, died in a freak scuba diving accident in El Salvador. Within hours, the news was everywhere; my wife Penny and I shut ourselves away and fell apart in grief. And every Nike athlete, every single one, got in touch. They wrote, emailed, and called. The first call, at 7:30am the day after the news broke, was from Tiger Woods. Our athletes are part of our family.
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