Mark Parker - Inspiration to Innovation
"""Innovating to Inspire: Desiging the NIKE of the Future"" Hosted by Robert K. Kraft, Chairman, The Kraft Group"
Executive Chairman, Nike
Search every verified Mark Parker interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Mark Parker, who served as Nike’s CEO from 2006 until January 2020 and then became executive chairman, has described the company’s focus on innovation, digital transformation, and athlete-driven design. He has stated that Nike’s relationship with athletes—whom he described as “some of the world's best experts”—provides insights that fuel product development, citing an example of Tiger Woods detecting a one-gram weight difference in a golf driver. Parker has emphasized the importance of editing and focusing on key growth opportunities, and he has said that the company’s “innovation kitchen” encourages designers to become “talented failures” in pursuit of game-changing ideas. Parker has discussed Nike’s digital strategy, noting that digital commerce revenue grew 38% in Q2 2020 and that membership is “the sharp point of our growth.” He has also addressed the company’s stance on trade policy, stating that Nike supports the Trans-Pacific Partnership (TPP) and that “protectionism and excessive tariffs ultimately burden the consumer.” Regarding his transition to executive chairman, Parker said the succession planning was a long-standing process and that John Donahoe’s experience in digital commerce and enterprise technology would be valuable for Nike’s continued digital transformation. He has also expressed optimism about the growth of Nike’s women’s business and the potential of adaptive lacing technology.
“For the last four decades we have nurtured this passion for working with the athlete — listening to the athlete — the voice keeps telling us to innovate.”
“People often ask me are the athletes our Nike athletes just high-priced billboards for the swoosh, and the answer I've always given is an emphatic no.”
“Nike athletes are some of the world's best experts out there — they know their sports, they understand the demands on their bodies and know their equipment and what it needs to do.”
“I'll give you an example: we were testing a new driver with Tiger Woods — we sent him eight samples and he said 'the heavy one' even though they all weighed the same; in fact one club was actually heavier, but only by one gram.”
“In games where there's a gram or a fraction of an inch or a hundredth of a second can really spell the difference between being a champion or being an afterthought.”
“You don't just innovate for the sake of change — you innovate to change the outcome, and because our athletes demand that we get it right it keeps us focused on what's essential and propels us to develop products that are authentic and connect with consumers in a real meaningful way.”
“I manage with a tolerance for uncertainty and I'm willing to accept mistakes because this puts Nike in a better position to create the future.”
“If you have a body, you're an athlete — whether you're LeBron James or James from down the street; Nike is focused on you.”
“I believe that growth and sustainability aren't contradictory — businesses that fail to see this won't have much of a future; reducing and eliminating waste and improving efficiency are exciting possibilities to add value to the business.”
“We're working closely with the U.S. government on the TPP work — we support leveling the playing field for U.S. companies and believe this will help create jobs and allow us to invest in North America.”
“Digital continues to be incredibly important for Nike — Nike+ and the FuelBand are part of a broader digital community and we’re committed to digital technology and partnerships, including our long-standing relationship with Apple.”
“We were testing a new driver with Tiger Woods and he preferred the heavy one — one of the clubs actually was heavier by one gram, which shows the incredible sensitivity athletes have to their equipment.”
“There are literally so many opportunities by category, country and product that we have to edit and focus — the biggest challenge and opportunity is creating criteria and filters so we can be laser focused on the growth opportunities that really matter.”
“We organized our business to focus on consumers in distinct sport categories — by concentrating on running, basketball, football, skateboarding and so on, we are far more aligned and ultimately more nimble.”
“We have an 'innovation kitchen' where engineers and designers are briefed to push past the edge — not all ideas succeed and we're okay with failures; we want our designers to become 'talented failures' because doing so leads to game-changing innovations.”
"""Innovating to Inspire: Desiging the NIKE of the Future"" Hosted by Robert K. Kraft, Chairman, The Kraft Group"
"""Innovating to Inspire: Desiging the NIKE of the Future"" Hosted by Robert K. Kraft, Chairman, The Kraft Group"
Nike CEO Mark Parker discusses why he's leaving the CEO role at the company in January to become the executive chairman. ServiceNow CEO John Donahoe will take over as chief executive. He also discusses the company's digital strategy.
March 17 -- Nike President and CEO Mark Parker discusses the company's branding and innovations. He speaks with Bloomberg's Stephanie Ruhle on "Bloomberg Markets." Like this video? Subscribe to Bloomberg Business on YouTube: / bloomberg Watch Bloomberg TV live at http://www.bloomberg.com/live
Oct. 14 -- Nike CEO Mark Parker discusses the company's innovation and foray into 3D printing. He speaks on "Bloomberg ...
Oct. 14 -- Nike CEO Mark Parker discusses the company's performance and China growth outlook. He speaks on "Bloomberg Markets."
Oct. 22 (Bloomberg) -- Nike CEO Mark Parker discusses women’s sports clothing and accessories and the company’s products with Stephanie Ruhle on “Market Makers.” (Source: Bloomberg) -- Subscribe to Bloomberg on YouTube: / bloomberg "Market Makers" brings you analysis, insight and A-list guests who influencing Wall Street and the global economy. The business news show is hosted by Erik Schatzker and Stephanie Ruhle and covers the biggest companies in finance and the leaders who run them. Companies of discussion range from bulge-bracket banks: Goldman Sachs, JPMorgan, Morgan Stanley, UB…
Oct. 9 (Bloomberg) --- Nike CEO Mark Parker speaks at Nike's Investor Day. Stephanie Ruhle reports on Bloomberg Television's ...
"The world doesn't need more mediocre product" says Mark Parker, President & CEO of Nike, at the Innovation By Design Conference
Sign in to search the full transcript archive, filter by topic, and access every quote from Mark Parker.
The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →