STRATEGIC BUSINESS PLAN
Daniel Patrick
Carl Ross
Premtim Kryeziu
Jhad Hindi
Table of Contents Executive Summary 3 Introduction to Adidas 3 Mission Statement 4 Corporate Vision 5 Management Structure 5 Executive Board 5 Members of the Executive Board 5 Supervisory Board 7 Members of the Supervisory Board 7 Committees of the Supervisory Board 11 Organizational Flowchart 13 Issues facing the organization 14 Six Forces Analysis 14 Rivalries: 14 Substitutes: 14 New Entrants: 14 Customers bargaining power: 15 Suppliers bargaining power: 15 Complements: 15 SWOT Analysis 16 Strengths 16 Weaknesses 16 Opportunities 16 Threats 16 Current & Past Strategies 16 Future Action Plan 18 Work to Rebrand Reebok Image: 18 Focus
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In 1997, adidas merged with skiing equipment maker Salomon and later on in 2001, Herbert Hainer became head of adidas Group. To gain a greater market share and penetration in the U.S. market and better its operations, adidas acquired Reebok International
Ltd., makers of Reebok shoes, in 2006. Today, adidas continues its rich heritage of harnessing technology to make some of the best shoes. The company employs over 31,000 people around the world with more than 2,600 employees at the company headquarters in Herzogenaurach,
Germany. Many of the company’s most innovative products such as the adidas 1 are designed at research centers in Portland, Ore., and Scheinfeld, Germany.
Mission Statement
The Adidas Group strives to be the global leader in the sporting goods industry with sports brands built on a passion for sports and a sporting lifestyle.
We are consumer focused » and therefore we continuously improve the quality, look, feel and image of our products and our organizational structures to match and exceed consumer expectations and to provide them with the highest value.
We are innovation and design leaders » who seek to help athletes of all skill levels achieve peak performance with every product we bring to market.
We are a global organization » that is socially and environmentally responsible, creative and financially rewarding for our employees and shareholders.
We are
Environmental, sustainability and social responsibility reports are always created for vast amounts of companies around the world. Adidas and Nike are huge competitors in the sports manufacturing industry. Adidas is the second largest manufacturer of sporting equipment and clothing in the world behind the American company known as Nike. Adidas’ global headquarters is located in Herzogenaurach, Germany while Nike’s headquarters is located in Beaverton, Oregon. Adidas was first founded in the year 1948 and Nike was first founded in 1964. These two
Adidas is one of the most famous manufacturers of top-quality sporting goods. It is the market leader in sporting good alongside with its competitive rival Nike. It also consists of Reebok Sportswear Company.They produce different types and variety of products to all age categories such as bags, shoes, shirts and more. The Adidas group, headquartered in Herzogenaurach (Germany) started in 18th August 1920 by Adolf Dassler. Adidas witnessed its first international success in 1954 and that is when the German have won the soccer world championship. Adidas has 169 branches worldwide and total revenue of 11.9 M Euros. Adidas is well known of sponsoring many sports events such as world cup or Olympics in addition to the use of its products
Our goal is to be perceptive, and innovative with new ideas that improves the achievements customer satisfaction, and quality service and product excellence for our customers.
Tree House Foods is a private label food and beverage leader focused on customer brands and custom products. The company’s “about us”, does a great job of explaining the company’s goals for their brands. However, the mission statement for Tree House Foods takes the opportunity to truly expand on the goals and the ambition of the company. The mission statement is:
Nike Incorporated is the number one leading sportswear and equipment provider in the world. They manufacture anything from casual clothes to sports equipment, shoes to socks, and basketballs to golf balls. As a result of its massive success, Nike employs nearly 30,000 people worldwide while manufacturing in 700 shops around the globe and has 45 offices outside the United States. Its extensive reach into the global market has Nike producing more exclusive products than any other manufacturer in the world. Nike’s headquarters is located in the metropolitan area of Portland, Oregon.
Adidas is a sportswear manufacturing company started by Adolf Dassler. Adidas group has incorporated brands including Adidas, Reebok, TaylorMade-Adidas and Rockport. The wings of the company are widespread and have assimiliated other productions including handbags, shirts, spectacles, watches, balls, and sportswear. Adidas is being the largest company that sells footwear in the European market and have achieved a momentous market share at the global platform. Adidas has achieved phenomenal sale and have reached the pinnacle of success on the global scale with other international footwear companies (McDonald & Milne, 1999).
The brand lives by its mission statement of “to make all athletes better through passion, design and the relentless pursuit of innovation” and their well-known vision statement of “Empower Athletes, Everywhere.”
Six key cities have been identified for which Adidas should grow its share of market, trend and image: New York, Los Angeles, Shanghai, Tokyo, London and Paris.
Adidas Group, the world’s second largest producer of sporting apparel has had a long and rich legacy of producing some of the highest quality and most technologically innovative sporting equipment particularly footwear. Champion athletes and sports teams trust the three stripes of adidas for helping them to achieve outstanding performance when they need it most. A world leader, adidas commands nearly a quarter (22 %) of the worldwide athletic footwear and apparel market. In the American sporting footwear and apparel market, the largest market for sporting footwear and apparel in the world, adidas holds 22% market share. In the race to be the world leader in sports apparel, adidas trails behind only Nike, which holds a worldwide market share of 33%. Adidas may currently trail behind Nike, but its rich legacy and focus on
Adidas AG sells sports shoes, apparel, and equipment in 170 different countries. There focus lies in football, soccer, basketball, running, training gear, golf, and apparel. This is a two billion dollar industry and with Adidas being a main cog. They also specialize in lifestyle goods including SLVR and Y-3 fashion brands. They have trademarked their three-striped logo that has become a global symbol of sporting excellence. They are the #2 sporting goods manufacturer behind only NIKE. Adidas’ main market is the footwear manufacturing industry. Research and development is what gives Adidas a competitive advantage. They focus many
Adidas was established by German Shoemaker Adi Dassler in Herzogenaurach. This brand focus on innovation and quality products that satisfy people’s excitement, and meet the physical challenges (13). They start with the athletic running footwear and currently produce a great range of products like watches, bags, shirts and accessories. They are the second largest manufacture of sportswear products (4).
Adidas is a German worldwide corporation that designs and produce sports shoes, clothing and accessories headquartered in Herzogenaurach, Bavaria. It is the largest sportswear manufacturer in Europe and the second biggest in the world. Football kits and the associated equipment for football has always been Adidas main focus . Adidas remains a major company in the supply of team kits for international association football teams and clubs. Adidas makes referee kits. Adidas referee kits are used in competition internationally and used by many countries and leagues in the world. Adidas has been a go-getter in the area of footwear for the sport, with famous examples including the 1979 release of the Copa Mundial moulded boot used for matches on firm dry pitches. It holds the honor of the bestselling boot of all time. The soft-ground equivalent was named World Cup and it too remains on the market, timeless and iconic.
Adidas: a German multinational corporation that designs and manufactures sports shoes, clothing and accessories headquartered in Herzogenaurach,
Adidas was founded by Adi Dassler on August 18, 1949 in Herzogenaurach, Germany. Adidas has been in business longer than Nike, they have had their logo since the inception; thus, the three stripes on the side of their shoes. In Spring of 2015, they came out with their new strategic business plan called, “Creating the New”. The focus was on Cities, Speed, and Open Source. According to Herbert Hainer, the CEO at that time stated, “The company is working every day to inspire and enable people to harness the power of sport in their lives (Adidas Group, n.d.). Adidas current competitive strategy is not the same as Nike’s competitive strategy. In October 2016, Kasper Rorsted became Adidas’ current CEO. He believes health and fitness will continue to become a lifestyle not a fad. Furthermore, he wants to expound the three clear strategic choices: Speed, Cities, and Open Source.” They are more focused on the broad target market, a low-cost provider strategy. In March 2017, he updated the focus for Adidas to include “Corporate Culture, Digital, One Adidas, North America and Portfolio.” (Adidas Group, n.d.).
This Adidas retail store happens to be located near to New York City; which according to the 2010 U.S. city population ranking, it is number one with an approximated population of 8,175,133, which at least 30% of this statistics fit within the 13- to 30-year-old target market of Adidas. This makes of this area a really good trading area that geographically contains a large amount of potential customers of this particular retailer store.