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> <channel><title>adidas Group blog &#187; Strategy Updates</title> <atom:link href="http://blog.adidas-group.com/category/strategy-updates/feed/" rel="self" type="application/rss+xml" /><link>http://blog.adidas-group.com</link> <description></description> <lastBuildDate>Wed, 22 May 2013 12:09:27 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.2</generator> <item><title>Herbert Hainer&#8217;s perspective on the adidas Group&#8217;s 2012 Full Year Results (Video)</title><link>http://blog.adidas-group.com/2013/03/herbert-hainers-perspective-on-the-adidas-groups-2012-full-year-results-video/</link> <comments>http://blog.adidas-group.com/2013/03/herbert-hainers-perspective-on-the-adidas-groups-2012-full-year-results-video/#comments</comments> <pubDate>Thu, 07 Mar 2013 07:20:33 +0000</pubDate> <dc:creator>Jan Runau</dc:creator> <category><![CDATA[On-the-Job Records]]></category> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[adidas]]></category> <category><![CDATA[adidas Group]]></category> <category><![CDATA[finance]]></category> <category><![CDATA[financial results]]></category> <category><![CDATA[Full Year]]></category> <category><![CDATA[Q4]]></category> <category><![CDATA[Reebok]]></category> <category><![CDATA[video]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=10437</guid> <description><![CDATA[Today we are hosting our 2012 annual full-year results presentation for media and analysts at our company’s headquarters in Herzogenaurach, Germany. For 2012, the adidas Group achieved again a set of very strong results. In an interview our CEOThe Chief &#8230; <a
href="http://blog.adidas-group.com/2013/03/herbert-hainers-perspective-on-the-adidas-groups-2012-full-year-results-video/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>Today we are hosting our 2012 annual full-year results presentation for media and analysts at our company’s headquarters in Herzogenaurach, Germany. For 2012, the <span
style="text-decoration: underline;"><a
title="Press Release: adidas Group's 2012 Full Year Results" href="http://www.adidas-group.com/en/pressroom/archive/2013/07March2013.aspx" target="_blank">adidas Group achieved again a set of very strong results</a></span>. <strong>In an interview our <span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span> Herbert Hainer tells us his stories behind the numbers.</strong></p><p>&nbsp;</p><p><span
id="more-10437"></span></p><p>&nbsp;</p><p><iframe
width="500" height="281" src="http://www.youtube.com/embed/eIMfiF1SbTo?feature=oembed" frameborder="0" allowfullscreen></iframe></p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2013/03/herbert-hainers-perspective-on-the-adidas-groups-2012-full-year-results-video/feed/</wfw:commentRss> <slash:comments>3</slash:comments> </item> <item><title>Runnning &#8211; a key growth lever for adidas&#8217; &#8216;Route 2015&#8242;</title><link>http://blog.adidas-group.com/2013/02/runnning-a-key-growth-lever-for-adidas-route-2015/</link> <comments>http://blog.adidas-group.com/2013/02/runnning-a-key-growth-lever-for-adidas-route-2015/#comments</comments> <pubDate>Wed, 06 Feb 2013 13:21:03 +0000</pubDate> <dc:creator>Lars Mangels</dc:creator> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[adidas Group]]></category> <category><![CDATA[Eric Liedtke]]></category> <category><![CDATA[Route 2015]]></category> <category><![CDATA[year of running]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=9891</guid> <description><![CDATA[In November 2010, the adidas Group announced its long-term strategic business plan Route 2015Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This &#8230; <a
href="http://blog.adidas-group.com/2013/02/runnning-a-key-growth-lever-for-adidas-route-2015/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>In November 2010, the adidas Group announced its long-term strategic business plan <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span>, which aims at growing the business of the entire adidas Group to 17 billion Euros and reaching an operating margin of 11% by 2015. The running category has been defined as one of the key growth drivers to reach these ambitious goals and 2013 is marked as the<strong> ‘Year of Running’</strong> for adidas. Today, I met Eric Liedtke (Head of Performance at adidas) and had the chance to talk to him about<strong> running and why it is so important for the adidas Group.</strong></p><p>&nbsp;</p><p><span
id="more-9891"></span></p><h3>Eric, you are “Head of Performance” at adidas. What exactly does that mean?</h3><p>Well, in the first place that means that I have the best job in the world (laughs). Seriously, if you love sport and you love competition, why wouldn’t you want to come to work everyday and talk about, think about and do sport?</p><div
id="attachment_9900" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2013/02/Eric-Liedtke-1.jpg" rel="shadowbox[sbpost-9891];player=img;" title="Eric Liedtke, “Head of Performance” at adidas"><img
class="size-medium wp-image-9900" title="Eric Liedtke, “Head of Performance” at adidas" src="http://blog.adidas-group.com/wp-content/uploads/2013/02/Eric-Liedtke-1-200x150.jpg" alt="Eric Liedtke, “Head of Performance” at adidas" width="200" height="150" /></a><p
class="wp-caption-text">Eric Liedtke, “Head of Performance” at adidas</p></div><h3>Now, in our <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> we identified running, next to basketball, as one of our key growth drivers. Why running?</h3><p><strong>Overall, running is a huge market, even much bigger than football in terms of product sales.</strong> The global running business amounts to about 15 billion Euros, of which running footwear is about 70%. And it is quite obvious why it is so big. Everyone has a pair of running shoes, which isn’t true for any other category.</p><h3>So is running even more important than football for adidas?</h3><p><strong>Football is absolutely the heart and soul of our brand.</strong> We are the number one globally and have a huge heritage in football which goes way back to Adi Dassler offering cleated boots to the German football team in 1954 at the “Wunder von Bern”.</p><p>But in terms of opportunity, <strong>running is the key….</strong> To achieve our plans we must win in running, and we must win in every market. We are getting better each year, as our 19% growth in 2011 and our soon to be released 2012 results can attest but we are far from done. We have a lot of work to do.</p><h3>But it is not only about gaining market share, right? Running has also seen quite a boom lately.</h3><p>Absolutely. <strong>You just need to look at the number of people participating in the big marathons around the world, which goes up every year.</strong> In 2011, the New York marathon had an all-time high of 47.323 finishers. And the 2013 Berlin marathon was completely sold out after only 3.5 hours, the first 10.000 spots were already sold after 2.5 minutes. It is crazy.</p><h3>But why is it such a trend? What has changed?</h3><p>I think this is mainly for two reasons. <strong>First, running is a fairly easy and cheap thing to do. You just need a pair of running shoes and some shorts and off you go.</strong> Even in some European markets that have been badly hit by the Euro debt crisis, like Spain for example, the number of runners is steadily increasing. But most importantly, running as a sport has changed a lot over the last years. Some years ago, running was a pretty geeky thing and you mainly saw older guys in split shorts running at least their 50 km per week. <strong>Now running has become much younger, which is also reflected by the products and the much younger and more colorful design. Running is also getting much more female.</strong> The rate of male/female runners is about 50/50 now. That used to be totally different. And running is much more inclusive today. You don´t have to be a hard core runner anymore, it is totally accepted to just do two rounds in the park every other week.</p><h3>So, are you a runner Eric?</h3><p>Haha, no, not at all… I only run when I have to. American Football was always my sport. I ran to prepare for the season and ran in games, but running for enjoyment? I’ll leave that to others.</p><h3>Thank you very much for your time Eric!</h3><p>You are very welcome.</p><p>&nbsp;</p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2013/02/runnning-a-key-growth-lever-for-adidas-route-2015/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Aren&#8217;t we all Selenators?</title><link>http://blog.adidas-group.com/2012/11/arent-we-all-selenators/</link> <comments>http://blog.adidas-group.com/2012/11/arent-we-all-selenators/#comments</comments> <pubDate>Wed, 21 Nov 2012 08:25:01 +0000</pubDate> <dc:creator>Constanze Wolf</dc:creator> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[adidas NEO]]></category> <category><![CDATA[design]]></category> <category><![CDATA[global style icon]]></category> <category><![CDATA[partnership]]></category> <category><![CDATA[Selena Gomez]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8856</guid> <description><![CDATA[You ask us what Selenators are? Well, Selenators are fans of Selena Gomez. And if you are not a fan of her yet, you should definitely think about becoming one. The adidas NEO Label announced Selena as their new global &#8230; <a
href="http://blog.adidas-group.com/2012/11/arent-we-all-selenators/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>You ask us what Selenators are? Well, Selenators are fans of <strong>Selena Gomez</strong>. And if you are not a fan of her yet, you should definitely think about becoming one. The <strong>adidas NEO Label announced Selena as their new global style icon</strong> and Los Angeles woke up to some colorful hijinks today with bright green paint, posters, and streamers spread across the city as actress, recording artist, and designer, Selena Gomez and a band of teens celebrated her new partnership with adidas NEO Label. <strong>Selena Gomez will be the adidas NEO Label’s new global style icon</strong> <strong>and guest designer</strong> through a three-year partnership until the end of 2015.</p><p><span
id="more-8856"></span></p><p>Thus, she will work with NEO to design and develop seasonal ranges beginning Fall/Winter 2013. She will also be the face of four seasonal collections throughout the year and will appear in print, digital,<strong> retail, and outdoor campaigns to debut in February 2013.</strong> She will identify her favorite pieces, the first of many opportunities for Selena to communicate her personal style with fans.</p><div
id="attachment_8862" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/11/6064_selena4.jpg" rel="shadowbox[sbpost-8856];player=img;" title="Selena is taking a look at the wide range of adidas NEO clothes."><img
class="size-medium wp-image-8862 " title="Selena is taking a look at the wide range of adidas NEO clothes." src="http://blog.adidas-group.com/wp-content/uploads/2012/11/6064_selena4-200x150.jpg" alt="Selena is taking a look at the wide range of adidas NEO clothes." width="200" height="150" /></a><p
class="wp-caption-text">Selena is taking a look at the wide range of adidas NEO clothes.</p></div><p>Selena says: <strong>“It is a great partnership for me because NEO really cares about style and having fun with fashion and allowing you to be yourself. </strong>This is something that’s always been important to me and is important to my fans, too: knowing they can express themselves through wearing whatever clothes they want and feel good about themselves. <strong>I am really enjoying being involved with the design process and NEO is letting me have fun with this.</strong> I get to wear the clothes first and have a voice and an opinion and I can’t wait to see the results of our new collection. I’m excited that it also allows my fans to be involved and they can come with me on this journey.&#8221;</p><p><strong>We talked exclusively to the team that worked together with Selena</strong> and they jointly answered a few questions for us. Read below what Kimberly Wallengren (Senior Manager Brand Marketing NEO), Bernhard Serr (<span
class="domtooltips">BU<span
class="domtooltips_tooltip" style="display: none">Business Unit (BU) is an organisation within the company which unites various business functions which are all relevant to a specific market segment. At the adidas Group, BUs are suborientated to the individual brands. Business Units at the adidas Group include BU Basketball, BU Swim or BU Football.</span></span> Director, NEO apparel), Dean Lokes (Vice President NEO Footwear) and Catrin Joergens (Senior Product Marketing Manager NEO) answered collectively to our questions.</p><h3>Selena Gomez is one of the stars of today’s teen culture. Girls want to be like her – they want to live like her, they want to look like her. What do you think makes her so special and the perfect style icon for the NEO Label?</h3><div
id="attachment_8863" class="wp-caption alignleft" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/11/5025_selena5.jpg" rel="shadowbox[sbpost-8856];player=img;" title="During design meetings Selena inputs on the look and feel of the adidas NEO collection."><img
class="size-medium wp-image-8863 " title="During design meetings Selena inputs on the look and feel of the adidas NEO collection." src="http://blog.adidas-group.com/wp-content/uploads/2012/11/5025_selena5-200x150.jpg" alt="During design meetings Selena inputs on the look and feel of the adidas NEO collection." width="200" height="150" /></a><p
class="wp-caption-text">During design meetings Selena provides her thoughts on the look and feel of the adidas NEO collection.</p></div><p>Being a teen icon, Selena is very close to the target NEO consumer, so really understands the brand’s philosophy of being edgy but comfortable. Through her designs she is encouraging teens to <strong>“live their style”.</strong> We are all extremely excited about our upcoming collaboration with her and the inspiration and credibility she is giving to the adidas NEO Label.</p><h3>Selena is adidas NEO Label’s new guest designer? How deeply are you able to involve her in the process? (did she actually draw her designs?)</h3><p>Selena has been heavily involved in the design process from the outset and attends seasonal design meetings where she helps set the direction for the new collection. At the design meetings Selena inputs on the look and feel of the collection as well as details such as trims, materials colors and silhouettes. <strong>Selena wanted the range to reflect a lot of who she is now</strong>, which is a confident young woman with an individual sense of style. We have also included the use of subtle colors that she likes as well as continuing to give the range a comfortable but edgy feel. Throughout the process, we have looked to incorporate her feminine touch in an accessible way across the range.</p><h3>Did she have a favorite product in the range that she designed herself? And will you promote this as her own design?</h3><div
id="attachment_8864" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/11/8662_selena6.jpg" rel="shadowbox[sbpost-8856];player=img;" title="Selena has incredible knowledge about the teen consumer market that she is able to give her personal point of view on. "><img
class="size-medium wp-image-8864 " title="Selena has incredible knowledge about the teen consumer market that she is able to give her personal point of view on. " src="http://blog.adidas-group.com/wp-content/uploads/2012/11/8662_selena6-200x150.jpg" alt="Selena has incredible knowledge about the teen consumer market that she is able to give her personal point of view on. " width="200" height="150" /></a><p
class="wp-caption-text">Selena has incredible knowledge about the teen consumer market that she is able to give her personal point of view on.</p></div><p>Selena loves NEO’s collection of accessible styles for every teenage girl as well as the mix and match styling opportunities, which she describes as the perfect match between comfort and style. The collection will be stylish and laid back with everything that a teen girl wants from footwear to accessories and apparel. It will incorporate Selena’s style with a NEO twist and <strong>provide guidance to teens to be cool and edgy but still comfortable.</strong></p><h3>What&#8217;s Selena&#8217;s favorite product?</h3><p>Selena loves the <strong>NEO  yellow sweater which going to hit the market probably in March 2013.</strong> She thinks it’s super comfortable, yet great fashion! She wore it out of NEO’s first meeting, she liked it so much.</p><h3>Selena is super busy. How much fun was it to work with her? Do you have a special moment you can share with us?</h3><p>Selena is an extremely professional and enjoyable person to work with and great fun too. She is very talented at combining different styles with a stylist’s approach and has shown an incredible attention to detail throughout the process. <strong>She has an incredible charm</strong> and knowledge about the teen consumer market that she is able to give her personal point of view on. She fully understands the looks, personality and style of teenage girls.</p><h3>Are there any special moments you shared with her?</h3><p><strong>Selena is just a really special young woman.</strong> Very approachable, very confident. <strong>She represents the NEO Label so well in her personality and spirit.</strong></p><p>&nbsp;</p><p><iframe
width="500" height="281" src="http://www.youtube.com/embed/XwvX3j8q3ko?fs=1&#038;feature=oembed" frameborder="0" allowfullscreen></iframe></p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/11/arent-we-all-selenators/feed/</wfw:commentRss> <slash:comments>3</slash:comments> </item> <item><title>Building a digital ecosystem for our road to success</title><link>http://blog.adidas-group.com/2012/11/building-a-digital-ecosystem-for-our-road-to-success/</link> <comments>http://blog.adidas-group.com/2012/11/building-a-digital-ecosystem-for-our-road-to-success/#comments</comments> <pubDate>Mon, 12 Nov 2012 14:05:54 +0000</pubDate> <dc:creator>Jan Brecht</dc:creator> <category><![CDATA[Business Operations]]></category> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[Digital ecosystem]]></category> <category><![CDATA[Global IT]]></category> <category><![CDATA[IT strategy]]></category> <category><![CDATA[Route 2015]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8815</guid> <description><![CDATA[It’s been nearly two years since the adidas Group announced its five-year strategic business plan Route 2015Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion &#8230; <a
href="http://blog.adidas-group.com/2012/11/building-a-digital-ecosystem-for-our-road-to-success/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>It’s been nearly <strong>two years since the adidas Group announced its five-year strategic business plan <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span>.</strong> It aims at growing the business of the entire adidas Group to <strong>€ 17 billion and 11% profitability</strong> by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. In order to achieve these ambitious goals, we in Global IT have to</p><p><strong>“Build a digital ecosystem for the enthusiastic consumer and the empowered employee.”</strong></p><p><span
id="more-8815"></span></p><h3>Three key elements</h3><p>This summary of our IT strategy contains three key elements: the <strong>ecosystem</strong> speaks of Global IT’s capability to see the company end-to-end. We have to leverage that capability even better than before to provide solutions with more than a focus on one function or one market. The <strong>quantum leap for our company is to move from multi-local to global</strong>, and to provide cross-functional excellence to our consumers. Important areas are a ‘multichannel approach’ in Sales and an industry-leading ‘creation-to-shelf process’.</p><p>Global IT’s direct impact on the <strong>consumer</strong> has significantly increased through more recent business models and technologies such as mobile, social media, <span
class="domtooltips">eCommerce<span
class="domtooltips_tooltip" style="display: none">Electronic commerce stands for business transactions conducted on the internet. </span></span> or <span
class="domtooltips">miCoach<span
class="domtooltips_tooltip" style="display: none">miCoach is an adidas product category that has been created to offer consumers of all levels personal coaching with training programmes designed by the world’s top coaches. miCoach aims to make the user a better athlete, regardless of the sport.</span></span>. The ‘face of IT is changing’, as we provide solutions not only for employees, but also for our consumers, who we want to be ‘enthusiastic’ about our company’s products.</p><h3>&#8220;Empowering&#8221; all employees</h3><p>While<strong> the employee has always been a focus of Global IT</strong>, we have seen a shift of technical innovation from enterprise to consumer technologies. To drive engagement and productivity for all employees, we need to ‘empower’ them by embracing new solutions, devices and user interfaces from the consumer space.</p><p>We use the three elements of our purpose statement consistently to set our Global IT targets. This comes with a challenge, but it is also very rewarding, as we see how it impacts the adidas Group <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> targets. We are in the middle of building a digital ecosystem for the enthusiastic <strong>consumer</strong> and the empowered <strong>employee</strong>, and I am looking forward to continuing this journey – together with my team.</p><p>What this will mean concretely for the ‘enthusiastic consumer’ and the ‘empowered employee’ <strong>I will outline in additional posts on this platform over the coming weeks.</strong></p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/11/building-a-digital-ecosystem-for-our-road-to-success/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Exclusive Video: Herbert Hainer on the adidas Group&#8217;s Nine Months 2012 results</title><link>http://blog.adidas-group.com/2012/11/exclusive-video-herbert-hainer-on-the-adidas-groups-nine-months-2012-results/</link> <comments>http://blog.adidas-group.com/2012/11/exclusive-video-herbert-hainer-on-the-adidas-groups-nine-months-2012-results/#comments</comments> <pubDate>Thu, 08 Nov 2012 07:06:01 +0000</pubDate> <dc:creator>Jan Runau</dc:creator> <category><![CDATA[Corporate Perspectives]]></category> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[adidas]]></category> <category><![CDATA[finance]]></category> <category><![CDATA[financial results]]></category> <category><![CDATA[record sales]]></category> <category><![CDATA[Reebok]]></category> <category><![CDATA[TaylorMade-adidas Golf]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8799</guid> <description><![CDATA[This morning we released the adidas Group‘s Nine Months 2012 results. In the first nine months of 2012, adidas Group sales increased 8% on a currency-neutral basis driven by double-digit growth in Retail and Other Businesses. Net income grew 22% &#8230; <a
href="http://blog.adidas-group.com/2012/11/exclusive-video-herbert-hainer-on-the-adidas-groups-nine-months-2012-results/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>This morning we released <span
style="text-decoration: underline;"><a
title="adidas-group.com: Nine months results 2012 press release" href="http://www.adidas-group.com/en/pressroom/archive/2012/08Nov2012.aspx" target="_blank">the adidas Group‘s Nine Months 2012 results</a></span>. In the first nine months of 2012, adidas Group sales increased 8% on a currency-neutral basis driven by double-digit growth in Retail and Other Businesses. Net income grew 22% to 798 million euro. This marks the seventh consecutive quarter in which we grew the bottom line faster than the top line. Our results so far this year prove that <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> is a powerful and robust strategic business plan that enables us to achieve record sales and earnings in 2012 and 2013. <strong>I interviewed our <span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span> Herbert Hainer exclusively for the adidas Group blog and he shared his views on our results, the current economic climate and how he expects the company to perform in 2013. Please take a look at the video.</strong></p><p><span
id="more-8799"></span></p><p><iframe
width="500" height="375" src="http://www.youtube.com/embed/xz8iYdtITjk?fs=1&#038;feature=oembed" frameborder="0" allowfullscreen></iframe></p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/11/exclusive-video-herbert-hainer-on-the-adidas-groups-nine-months-2012-results/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>TaylorMade-adidas Golf Drives Hole-In-One Careers</title><link>http://blog.adidas-group.com/2012/11/taylormade-adidas-golf-drives-hole-in-one-careers/</link> <comments>http://blog.adidas-group.com/2012/11/taylormade-adidas-golf-drives-hole-in-one-careers/#comments</comments> <pubDate>Wed, 07 Nov 2012 13:57:13 +0000</pubDate> <dc:creator>Steve Fogarty</dc:creator> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[Joe Walsh]]></category> <category><![CDATA[Mark King]]></category> <category><![CDATA[TaylorMade-adidas Golf]]></category> <category><![CDATA[top employer]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8580</guid> <description><![CDATA[An interview with TaylorMade’s Head of HRHuman Resources (HR), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate &#8230; <a
href="http://blog.adidas-group.com/2012/11/taylormade-adidas-golf-drives-hole-in-one-careers/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<h3>An interview with TaylorMade’s Head of <span
class="domtooltips">HR<span
class="domtooltips_tooltip" style="display: none">Human Resources (HR), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span> – Joe Walsh</h3><p>If you are familiar with the <strong>adidas Group mission</strong> you probably know that the adidas Group’s indelible mark in this world is to be the <strong>global leader in the sporting goods industry</strong> with brands built around a passion for sports and a sporting lifestyle. You will also find over forty thousand people with a passion for making the world a better place through sport. This gives adidas Group employees a sense of purpose. Our leaders know we also must create the best workplace and working culture so adidas Group employees can thrive and have the energy and motivation to achieve our mission. Therefore we have a <strong>goal to be a top employer in every market</strong> we operate in.</p><p><span
id="more-8580"></span></p><p>I work as part of our Talent team which is charged with building programs and supporting a culture to achieve this mission. My specific role is in Talent Acquisition and focused on employer branding. One aspect of my job is to work <strong>with each of our locations and brands to look for ways to strengthen our footprint as a top employer.</strong> Our <span
class="domtooltips">TaylorMade-adidas Golf<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (<span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span>) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the <span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span> family.</span></span> headquarters in Carlsbad, California, have been making big strides to achieve this status. They recently won the best places to work award from <span
style="text-decoration: underline;"><a
title="http://www.outsideonline.com/outdoor-adventure/best-jobs/More-Best-Places-to-Work-TaylorMade-adidas-Golf-Company-20120726.html" href="http://www.outsideonline.com/outdoor-adventure/best-jobs/More-Best-Places-to-Work-TaylorMade-adidas-Golf-Company-20120726.html" target="_blank">Outside Magazine</a></span> and the <span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>, Mark King, was featured on the US hit TV show <span
style="text-decoration: underline;"><a
title="http://www.cbs.com/shows/undercover_boss/bios/104938/" href="http://www.cbs.com/shows/undercover_boss/bios/104938/" target="_blank">Undercover Boss</a> </span>(get insights into this experience from mark King <span
style="text-decoration: underline;"><a
title="How the CEO of TaylorMade-adidas Golf became an “Undercover Boss”" href="http://blog.adidas-group.com/2012/04/how-the-ceo-of-taylormade-adidas-golf-became-an-undercover-boss/">here</a></span>). <span
style="text-decoration: underline;"><a
title="http://www.fox5sandiego.com/videogallery/72253251/News/Taylormade-Voted-One-Of-The-Best-Places-To-Work" href="http://www.fox5sandiego.com/videogallery/72253251/News/Taylormade-Voted-One-Of-The-Best-Places-To-Work" target="_blank">Fox News</a></span> also decided to visit the TaylorMade headquarters to run a story on their top employer success. So I decided to interview their Head of <span
class="domtooltips">HR<span
class="domtooltips_tooltip" style="display: none">Human Resources (HR), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span>, Joe Walsh, to understand what they are doing to achieve their recent top employer status.</p><h3>Interview with Joe Walsh, Head of <span
class="domtooltips">HR<span
class="domtooltips_tooltip" style="display: none">Human Resources (HR), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span> for <span
class="domtooltips">TaylorMade-adidas Golf<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (<span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span>) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the <span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span> family.</span></span>:</h3><div
id="attachment_8620" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/10/Joe-Walsh.jpg" rel="shadowbox[sbpost-8580];player=img;" title="Joe Walsh, Head of HR for TaylorMade-adidas Golf"><img
class="size-medium wp-image-8620  " title="Joe Walsh, Head of HR for TaylorMade-adidas Golf" src="http://blog.adidas-group.com/wp-content/uploads/2012/10/Joe-Walsh-200x150.jpg" alt="Joe Walsh, Head of HR for TaylorMade-adidas Golf" width="200" height="150" /></a><p
class="wp-caption-text">Joe Walsh, Head of HR for TaylorMade-adidas Golf</p></div><h3>Joe, can you tell us a little bit about your role with TaylorMade and a bit about your background?</h3><p>I currently oversee Global <span
class="domtooltips">Human Resources<span
class="domtooltips_tooltip" style="display: none">Human Resources (<span
class="domtooltips">HR<span
class="domtooltips_tooltip" style="display: none">Human Resources (HR), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span>), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span> at TaylorMade and have been in the role since January of 2011. <strong>I began my career at TaylorMade in 2002</strong> and have worked in the Finance Department as well as <span
class="domtooltips">Human Resources<span
class="domtooltips_tooltip" style="display: none">Human Resources (<span
class="domtooltips">HR<span
class="domtooltips_tooltip" style="display: none">Human Resources (HR), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span>), is the organisation within the adidas Group which is responsible for the management of our workforce. Responsibilities include attracting, selecting, training, assessing and rewarding employees as well as fostering a corporate culture of performance, passion, integrity and diversity.</span></span>.</p><h3>TaylorMade seems to be making big strides these days with being recognized as a top employer. You just received a <span
style="text-decoration: underline;"><a
title="http://www.outsideonline.com/outdoor-adventure/best-jobs/More-Best-Places-to-Work-TaylorMade-adidas-Golf-Company-20120726.html" href="http://www.outsideonline.com/outdoor-adventure/best-jobs/More-Best-Places-to-Work-TaylorMade-adidas-Golf-Company-20120726.html" target="_blank">top employer award through Outside Magazine </a></span>and you were also interviewed by <span
style="text-decoration: underline;"><a
title="http://www.fox5sandiego.com/videogallery/72253251/News/Taylormade-Voted-One-Of-The-Best-Places-To-Work" href="http://www.fox5sandiego.com/videogallery/72253251/News/Taylormade-Voted-One-Of-The-Best-Places-To-Work" target="_blank">Fox 5 News on being a top employer</a></span>. What is the number one thing you attribute to this top employer success?</h3><div
id="attachment_8629" class="wp-caption alignleft" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/10/Joe-Walsh-Interview.jpg" rel="shadowbox[sbpost-8580];player=img;" title="Joe Walsh in an interview on FOX 5 News"><img
class="size-medium wp-image-8629  " title="Joe Walsh in an interview on FOX 5 News" src="http://blog.adidas-group.com/wp-content/uploads/2012/10/Joe-Walsh-Interview-200x150.jpg" alt="Joe Walsh in an interview on FOX 5 News" width="200" height="150" /></a><p
class="wp-caption-text">Joe Walsh in an interview on FOX 5 News</p></div><p>Number one would be our unique culture that reflects our intense belief that our success is directly linked to living out our values, every day. Our commitment to a set of principles which guides our performance and honors our employees’ contributions illustrates what makes <span
class="domtooltips">TaylorMade-adidas Golf<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (<span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span>) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the <span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span> family.</span></span> <strong>an extraordinary place to work, create and succeed.</strong></p><h3>TaylorMade has been hitting record numbers year after year and you are now the number one brand in the metalwoods category. Do you think this success plays a key factor in you also being recognized as a top employer?</h3><p>Our success is a validation of our aspiration: <strong>We aspire to be the best performance golf company in the world.</strong> Our aspiration is that anyone associated with the game of golf embraces the chance to work with us and contribute to something truly exceptional. These aspirations are driven by creative, dedicated employees who take ownership for creating the future of the company.</p><h3>We saw that TaylorMade launched a very popular social media campaign about two years ago called “<span
style="text-decoration: underline;"><a
title="http://www.golfersguide.com/arizona/instruction/adidas-golfs-extreme-job-interview-heats-up" href="http://www.golfersguide.com/arizona/instruction/adidas-golfs-extreme-job-interview-heats-up" target="_blank">where in the world</a></span>” which received a lot of publicity and recently your <span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>, Mark King, was on the hit reality TV show <span
style="text-decoration: underline;"><a
title="http://www.cbs.com/shows/undercover_boss/bios/104938/" href="http://www.cbs.com/shows/undercover_boss/bios/104938/" target="_blank">Undercover Boss</a></span>. And now you are achieving top employer awards. Why is TaylorMade making such a huge play at getting its name out there to potential recruits?</h3><div
id="attachment_8633" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/10/Mark-King-undercover-Boss.jpg" rel="shadowbox[sbpost-8580];player=img;" title="Mark King exchanged his suit with a baseball cap and a t-Shirt for CBS' &quot;Undercover Boss&quot;."><img
class="size-medium wp-image-8633  " title="Mark King exchanged his suit with a baseball cap and a t-Shirt for CBS' &quot;Undercover Boss&quot;." src="http://blog.adidas-group.com/wp-content/uploads/2012/10/Mark-King-undercover-Boss-200x150.jpg" alt="Mark King exchanged his suit with a baseball cap and a t-Shirt for CBS' &quot;Undercover Boss&quot;." width="200" height="150" /></a><p
class="wp-caption-text">Mark King exchanged his suit with a baseball cap and a t-Shirt for CBS&#39; &quot;Undercover Boss&quot;.</p></div><p>We are honored to receive the recognition we have been given. Mark King’s appearance on Undercover Boss depicted our <span
class="domtooltips">Chief Executive Officer<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (<span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span> as he is seen each and every day – with our employees, <strong>engaging, questioning, learning and rewarding them along the way</strong> … certainly the reality that our employees know and appreciate each and every day here. In terms of a recruiting advantage, we believe that inspired people are capable of extraordinary things, so if potential recruits are inspired by seeing our company and our employees, we feel that this can be a huge recruiting advantage.</p><h3>The <span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span> of TaylorMade’s parent company <span
style="text-decoration: underline;"><a
title="http://www.adidas-group.com/" href="http://www.adidas-group.com/" target="_blank">adidas Group</a></span>, <span
style="text-decoration: underline;"><a
title="http://www.adidas-group.com/en/ourgroup/executive_board/default.aspx" href="http://www.adidas-group.com/en/ourgroup/executive_board/default.aspx" target="_blank">Herbert Hainer</a></span>, was recently at your world headquarters in Carlsbad, California, for an investors meeting. Did the topic of being a “top employer” come up with adidas Group’s <span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>?</h3><p><strong>Mr. Hainer had a fantastic visit to Carlsbad</strong> and we were honored to host him and the group of participant investors on their Field Trip to Carlsbad. Mr. Hainer did in fact discuss the topic of being a top employer, particularly as it pertains to our industry leadership. Herbert Hainer and Mark King both spoke to the investor group about our brand leadership and the people behind the success of our golf brands.</p><h3>Recent studies from <span
style="text-decoration: underline;"><a
title="http://www.universumglobal.com/IDEAL-Employer-Rankings/Global-Top-50" href="http://www.universumglobal.com/IDEAL-Employer-Rankings/Global-Top-50" target="_blank">Universum Global</a></span> have shown that some of the top items students are looking for in a top employer for 2012 are professional training and development, challenging work, high future earnings, good reference for future career and market success. How do you feel TaylorMade stacks up against these?</h3><p>I believe that we stack up very well against these top employer criteria or top items. We offer an environment where employees are challenged to seek their greatness each and every day and this translates directly into our success in the golf marketplace and with our customers who have grown to expect great things from <span
class="domtooltips">TaylorMade-adidas Golf<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (<span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span>) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the <span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span> family.</span></span>.</p><h3>Outside of these attributes, what do you feel TaylorMade has that sets you apart or makes you unique as an employer?</h3><p>Our principles – when you see seeking greatness, inspiring people, acting with speed and leading change – and when you bring these to life each and every day, I feel that we have a unique advantage, given that these principles start from the top of the organization and move all throughout the TaylorMade world.</p><h3>What areas will you put the most focus on in 2013 to continue your success as a top employer?</h3><div
id="attachment_8641" class="wp-caption alignleft" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/10/TmaG-HQs.jpg" rel="shadowbox[sbpost-8580];player=img;" title="The TaylorMade headquarters' main entrance in Carlsbad, California."><img
class="size-medium wp-image-8641 " title="The TaylorMade headquarters' main entrance in Carlsbad, California." src="http://blog.adidas-group.com/wp-content/uploads/2012/10/TmaG-HQs-200x150.jpg" alt="The TaylorMade headquarters' main entrance in Carlsbad, California." width="200" height="150" /></a><p
class="wp-caption-text">The TaylorMade headquarters&#39; main entrance in Carlsbad, California.</p></div><p>We will continue to focus on the environment that we are creating for <strong>ALL of our employees</strong>, where they have the opportunity and responsibility to create the future of <span
class="domtooltips">TaylorMade-adidas Golf<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (<span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span>) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the <span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span> family.</span></span>. This environment centers around being able to create, innovate and challenge the landscape of golf and our employees that make it all happen!</p><h3>Okay, last question Joe, if you could give three of your top words of wisdom for anybody interested in working for TaylorMade, what would those be?</h3><p><strong>Inspiration, Greatness, Change, Speed</strong> … four words instead of three!</p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/11/taylormade-adidas-golf-drives-hole-in-one-careers/feed/</wfw:commentRss> <slash:comments>5</slash:comments> </item> <item><title>Reviewing the first year after adidas&#8217; Five Ten acquisition</title><link>http://blog.adidas-group.com/2012/11/reviewing-the-first-year-after-adidas-five-ten-acquisition/</link> <comments>http://blog.adidas-group.com/2012/11/reviewing-the-first-year-after-adidas-five-ten-acquisition/#comments</comments> <pubDate>Mon, 05 Nov 2012 15:11:24 +0000</pubDate> <dc:creator>Frank Thomas (Moderator)</dc:creator> <category><![CDATA[Business Operations]]></category> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[acquisition]]></category> <category><![CDATA[adidas Group]]></category> <category><![CDATA[adidas Outdoor]]></category> <category><![CDATA[Five Ten]]></category> <category><![CDATA[review]]></category> <category><![CDATA[Rolf Reinschmidt]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8747</guid> <description><![CDATA[368 days ago the adidas Group announced the acquisition of outdoor specialist Five Ten. It was a well-planned move to expand adidas Outdoor’s activities into a complementary segment of the outdoor market. The acquisition was much acclaimed by the Outdoor &#8230; <a
href="http://blog.adidas-group.com/2012/11/reviewing-the-first-year-after-adidas-five-ten-acquisition/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p><strong>368 days ago the adidas Group announced the acquisition of outdoor specialist Five Ten.</strong> It was a well-planned move to expand adidas Outdoor’s activities into a complementary segment of the outdoor market. The acquisition was much acclaimed by the Outdoor community. When I was interviewing <strong>Rolf Reinschmidt (Senior Vice President adidas Outdoor)</strong> <span
style="text-decoration: underline;"><a
title="http://blog.adidas-group.com/2011/11/how-the-naked-fish-made-adidas-outdoor-buy-five-ten/" href="http://blog.adidas-group.com/2011/11/how-the-naked-fish-made-adidas-outdoor-buy-five-ten/" target="_blank">a year ago </a></span> he pointed out that the real work was still to come. He was referring to the process of integrating the formerly privately owned brand Five Ten into the adidas Group – a globally operating, leading company in the sporting goods industry that is constantly moving at high speed. In the following interview, Rolf looks back at the last 12 months. He identifies three <strong>key-areas he and his team are addressing</strong> to make the most out of the new alliance between adidas and Five Ten: ‘people’, ‘culture’ as well as ‘systems and processes’.</p><p><span
id="more-8747"></span></p><h3>Rolf, one year can be a very long time… for example if you are waiting for the bus. However, a year sometimes also passes in the twinkling of an eye. How do you feel about the last 12 month?</h3><div
id="attachment_8759" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/11/Highfive.jpg" rel="shadowbox[sbpost-8747];player=img;" title="Five Ten's founder and president Charles Cole together with Rolf Reinschmidt. "><img
class="size-medium wp-image-8759 " title="Five Ten's founder and president Charles Cole together with Rolf Reinschmidt. " src="http://blog.adidas-group.com/wp-content/uploads/2012/11/Highfive-200x150.jpg" alt="Five Ten's founder and president Charles Cole together with Rolf Reinschmidt. " width="200" height="150" /></a><p
class="wp-caption-text">Five Ten&#39;s founder and president Charles Cole together with Rolf Reinschmidt.</p></div><p>Definitely not like waiting for the bus because that would mean waiting passively for something to happen. For me the last year felt like going on a weekend outdoor expedition with some friends, it just flew by.</p><h3>That’s right. So this implies you are quite satisfied with the process of integrating Five Ten into the company so far, right?</h3><p>Yes I am. We have set ourselves clear priorities before starting the integration process. <strong>These priorities included setting up business and creation processes for Five Ten</strong>, providing them with the adidas Group’s infrastructure systems and setting up a European Sales Office at the adidas Group’s headquarters in Herzogenaurach. Looking at these things, I can say we achieved quite a lot and are fully on target. The European Sales team is complete by now, <strong>the first Five Ten shoes are produced in adidas supplier factories</strong> and many processes are already harmonized. In 2013 it will be very interesting to get the first outcomes of what we worked on in 2012. Nevertheless we will predominantly need the upcoming year to practically apply a couple of things which we have been implementing in the last 12 months.</p><h3>Come on! No pitfalls? No frustrations?</h3><div
id="attachment_8760" class="wp-caption alignleft" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/11/deanpotter-hanging.jpg" rel="shadowbox[sbpost-8747];player=img;" title="Five Ten free climber Dean Potter climbing in front of a breathtaking scenery"><img
class="size-medium wp-image-8760 " title="Five Ten free climber Dean Potter climbing in front of a breathtaking scenery" src="http://blog.adidas-group.com/wp-content/uploads/2012/11/deanpotter-hanging-200x150.jpg" alt="Five Ten free climber Dean Potter climbing in front of a breathtaking scenery" width="200" height="150" /></a><p
class="wp-caption-text">Five Ten free climber Dean Potter climbing in front of a breathtaking scenery</p></div><p>All in all I am very satisfied with the progress we have made. It wasn’t always easy and there is obviously always room for improvement. I certainly would have liked to progress faster at some points; if we’d start today with the integration I’d for example focus even more on setting up the required IT Systems. But after all we should never forget that business integrations are not only about processes and abstract organizational charts. First and foremost it’s about people. <strong>There are human beings behind any brand</strong> and pretty much any process. Each and every team member has very distinct ideas, habits and needs. The key success factor is to make sure everybody is buying into the changes we are carrying out, understands where we are heading as a company and is willing to contribute their part. <strong>It’s important to do things step by step.</strong></p><h3>adidas Outdoor has quite ambitious business goals. Do you have time for doing things step by step?</h3><p>There is one thing that became very clear to me throughout the last months: <strong>at adidas we are always looking for ways to improve our business</strong> and sometimes this leads to being a little bit too self-critical. It feels like we sometimes tend to forget that we are a very well-oiled machine with very high and professional standards and an incredibly valuable performance culture. We should be more aware of this culture and the fact that we are moving at a very fast pace. For a much smaller brand such as Five Ten and the people that bring it to life it is sometimes hard to understand why we do things the way we do. They are just used to a different company culture and different ways of working.</p><h3>Can you give us a specific example here?</h3><div
id="attachment_8770" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/11/rockstars.jpg" rel="shadowbox[sbpost-8747];player=img;" title="In August 2012 adidas and Five Ten invited international stars from the bouldering and sport climbing scene to a second edition of adidas ROCKSTARS to Stuttgart, Germany."><img
class="size-medium wp-image-8770 " title="In August 2012 adidas and Five Ten invited international stars from the bouldering and sport climbing scene to a second edition of adidas ROCKSTARS to Stuttgart, Germany." src="http://blog.adidas-group.com/wp-content/uploads/2012/11/rockstars-200x150.jpg" alt="In August 2012 adidas and Five Ten invited international stars from the bouldering and sport climbing scene to a second edition of adidas ROCKSTARS to Stuttgart, Germany." width="200" height="150" /></a><p
class="wp-caption-text">In August 2012 adidas Outdoor invited international stars from the bouldering and sport climbing scene to a second edition of adidas ROCKSTARS to Stuttgart, Germany; a great stage for both adidas Outdoor and Five Ten</p></div><p><strong>Five Ten benefits very much from the adidas Group’s infrastructure</strong> and our standardized processes. They are very keen to learn how we do certain things. But in order to implement these processes we need to get rid of some habits held dear for quite a while. To give you an example: if we can provide a salesperson with a complete sample set for his sell-in meetings with retailers early on, it’s definitely worth the efforts of change. But you need to find the balance between change for the good and change for the sake of changing. By changing people’s working culture you might also run the risk of trimming their creativity. Overall it is great to see that the better part of both, adidas and Five Ten employees, are enthusiastically adapting to the changes and embrace the new possibilities.</p><h3>You outlined how Five Ten is benefitting from the new situation. Is it generally rather Five Ten taking advantage of the acquisition than adidas Outdoor?</h3><p><strong>Both sides are benefitting.</strong> On the one hand Five Ten currently takes very much advantage of adidas’ experience. On the other hand adidas obtained the rights for Five Ten’s stealth rubber technology which unlocks enormous potentials – not only for adidas Outdoor but also for various other adidas categories. The enthusiasm of some categories about the technology is so big that I had to literally ring-fence Five Ten in order keep focused on our priorities.</p><p>Moreover it was very good to see that <strong>the FiveTen acquisition gave adidas additional credibility in the outdoor community</strong> for being an authentic and high-performance player in the outdoor industry. The community’s recognition is priceless as it pays into our strategy of being an authentic player in the outdoor category.</p><h3>Thank you very much for your time Rolf!</h3><div
id="attachment_8793" class="wp-caption alignleft" style="width: 210px"><a
href="http://blog.adidas-group.com/2012/11/reviewing-the-first-year-after-adidas-five-ten-acquisition/reinschmidt_rolf/" rel="attachment wp-att-8793" title="Rolf Reinschmidt, Senior Vice President adidas Outdoor, was one of the leading persons in the acquisition process of Five Ten. "><img
class="size-medium wp-image-8793" title="Rolf Reinschmidt, Senior Vice President adidas Outdoor, was one of the leading persons in the acquisition process of Five Ten. " src="http://blog.adidas-group.com/wp-content/uploads/2012/11/Reinschmidt_Rolf-200x150.jpg" alt="Rolf Reinschmidt, Senior Vice President adidas Outdoor, was one of the leading persons in the acquisition process of Five Ten. " width="200" height="150" /></a><p
class="wp-caption-text">Rolf Reinschmidt, Senior Vice President adidas Outdoor, was one of the leading persons in the acquisition process of Five Ten.</p></div><p>You are very welcome.</p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/11/reviewing-the-first-year-after-adidas-five-ten-acquisition/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>adidas NEO gets the &#8220;Bieber Fever&#8221;</title><link>http://blog.adidas-group.com/2012/10/adidas-neo-gets-the-bieber-fever/</link> <comments>http://blog.adidas-group.com/2012/10/adidas-neo-gets-the-bieber-fever/#comments</comments> <pubDate>Tue, 16 Oct 2012 14:20:43 +0000</pubDate> <dc:creator>Kimberly Wallengren</dc:creator> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[adidas NEO]]></category> <category><![CDATA[global style icon]]></category> <category><![CDATA[Justin Bieber]]></category> <category><![CDATA[partnership]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8390</guid> <description><![CDATA[The worldwide success of Justin Bieber  appears to show no limitations. As he continues to wow the world as one of its most powerful entertainment figures while attracting the spirit and passion of one of the largest and most dedicated &#8230; <a
href="http://blog.adidas-group.com/2012/10/adidas-neo-gets-the-bieber-fever/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>The worldwide success of <span
style="text-decoration: underline;"><a
title="http://www.facebook.com/JustinBieber" href="http://www.facebook.com/JustinBieber" target="_blank">Justin Bieber</a></span>  appears to show no limitations. As he continues to wow the world as one of its most powerful entertainment figures while attracting the spirit and passion of one of the largest and most dedicated fan bases on earth, <strong>he has now also become the global style icon of adidas NEO Label.</strong> Let me give you some insights how the partnership developed and what it means for NEO.</p><p><span
id="more-8390"></span></p><h3>Thinking about global style icons</h3><p><span
style="text-decoration: underline;"><a
title="http://blog.adidas-group.com/2012/01/the-new-kid-in-town-all-you-need-to-know-about-neo/" href="http://blog.adidas-group.com/2012/01/the-new-kid-in-town-all-you-need-to-know-about-neo/" target="_blank">NEO</a></span> is a new brand, new in concept, new in spirit. And everything we do embodies the idea of <strong>‘living your style.’</strong> At the beginning of 2012, we started thinking about possible global style icons who also embody our spirit and brand personality.</p><p><strong>Justin Bieber’s name came up almost immediately</strong>. He possesses an undeniable young, carefree, bold spirit and energy that is identical to the adidas NEO Label. He lives his style in the everyday, but most certainly when he is performing through music and fashion. He has a natural ability to take casual product and make it his own look, which is a perfect fit for NEO, a lifestyle brand for teens. <strong>He is multi-talented, a good role model and is hugely popular with the NEO audience.</strong></p><h3>The new NEO style icon</h3><p>Hermann Deininger, our <span
class="domtooltips">Chief Marketing Officer<span
class="domtooltips_tooltip" style="display: none">The Chief Marketing Officer (<span
class="domtooltips">CMO<span
class="domtooltips_tooltip" style="display: none">The Chief Marketing Officer (CMO) is an executive responsible for various marketing activities in an organisation. Most often, the position reports to the <span
class="domtooltips">Chief Executive Officer<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (<span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>.</span></span>) is an executive responsible for various marketing activities in an organisation. Most often, the position reports to the <span
class="domtooltips">Chief Executive Officer<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (<span
class="domtooltips">CEO<span
class="domtooltips_tooltip" style="display: none">The Chief Executive Officer (CEO) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>) of a company is the highest-ranking corporate officer and in charge of total management of an organisation.</span></span>.</span></span>, had been considering Justin Bieber as a NEO style icon for a while and when the moment felt right, he gave it the green light. Then <span
style="text-decoration: underline;"><a
title="https://twitter.com/wex1200" href="https://twitter.com/wex1200" target="_blank">Jon Wexler</a></span> from the EIM team began negotiations with Justin’s management team. And <strong>with Jon’s magic touch, everything came together seamlessly.</strong></p><div
id="attachment_8398" class="wp-caption alignright" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/10/Justin-Bieber-2.jpg" rel="shadowbox[sbpost-8390];player=img;" title="Justin Bieber and NEO: a perfect fit"><img
class="size-medium wp-image-8398 " title="Justin Bieber and NEO: a perfect fit" src="http://blog.adidas-group.com/wp-content/uploads/2012/10/Justin-Bieber-2-200x150.jpg" alt="Justin Bieber and NEO: a perfect fit" width="200" height="150" /></a><p
class="wp-caption-text">Justin Bieber and NEO: a perfect fit</p></div><p>Justin has an amazing and diverse <strong>worldwide fan base and a very strong influence</strong> over them. From a brand marketing perspective, the thing that excited us most was his ability to connect with the NEO teen through his vast social media reach. He has captured the dedicated following of more than <strong>46 million fans on Facebook</strong>. NEO makes deep connections with consumers via social media platforms (e.g. on <span
style="text-decoration: underline;"><a
title="https://www.facebook.com/adidasneolabel?ref=ts" href="https://www.facebook.com/adidasneolabel?ref=ts" target="_blank">Facebook</a></span>, <span
style="text-decoration: underline;"><a
title="https://twitter.com/adidasNEOLabel" href="https://twitter.com/adidasNEOLabel" target="_blank">Twitter</a></span>, <span
style="text-decoration: underline;"><a
title="http://web.stagram.com/n/adidasneolabel/" href="http://web.stagram.com/n/adidasneolabel/" target="_blank">Instagram</a></span>, <span
style="text-decoration: underline;"><a
title="http://www.youtube.com/user/adidasneolabel?feature=results_main" href="http://www.youtube.com/user/adidasneolabel?feature=results_main" target="_blank">YouTube</a></span> or <span
style="text-decoration: underline;"><a
title="http://adidasneolabel.tumblr.com/" href="http://adidasneolabel.tumblr.com/" target="_blank">Tumblr</a></span>), <strong>so the fit with Justin was perfect</strong>. We will leverage his platforms and our platforms over the next 2 years to really engage with the NEO teen and build a powerful brand.</p><p>Not only will Justin be <strong>fronting the 2013 adidas NEO Label “live your style” brand campaigns</strong>, he will also be identifying favorite items for every season. NEO is also an official sponsor of his Believe World Tour 2012/2013 and we will be activating those opportunities as well. He has collaborated on an exclusive design of golden NEO sneakers that he will be performing in during his tour. A special edition of these shoes will be available for purchase later this year.</p><h3>A perfect match</h3><p>I am a huge Belieber! After seeing his movie, Never Say Never, I realized that he is the real deal. He is an incredibly talented kid, making the most of everyday and leaving his mark, just as NEO is. The minute I saw the movie, <strong>I knew he was a great match for NEO</strong>. Luckily, there were others within the company who were thinking the same thing.</p><p>&nbsp;</p><div
id="attachment_8399" class="wp-caption alignleft" style="width: 210px"><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/10/Justin-Bieber-3.jpg" rel="shadowbox[sbpost-8390];player=img;" title="Justin Bieber taking a close look at the golden NEO sneakers "><img
class="size-medium wp-image-8399  " title="Justin Bieber taking a close look at the golden NEO sneakers " src="http://blog.adidas-group.com/wp-content/uploads/2012/10/Justin-Bieber-3-200x150.jpg" alt="Justin Bieber taking a close look at the golden NEO sneakers " width="200" height="150" /></a><p
class="wp-caption-text">Justin Bieber taking a close look at the golden NEO sneakers</p></div><p>At NEO, <strong>we are looking forward to working with this great young talent</strong> and bringing to life many exciting initiatives through this iconic partnership.</p><p>&nbsp;</p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/10/adidas-neo-gets-the-bieber-fever/feed/</wfw:commentRss> <slash:comments>3</slash:comments> </item> <item><title>&#8220;adidas drops into snowboarding&#8221; (Click-Tip)</title><link>http://blog.adidas-group.com/2012/10/adidas-drops-into-snowboarding-click-tip/</link> <comments>http://blog.adidas-group.com/2012/10/adidas-drops-into-snowboarding-click-tip/#comments</comments> <pubDate>Fri, 12 Oct 2012 14:25:52 +0000</pubDate> <dc:creator>Frank Thomas (Moderator)</dc:creator> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[adidas]]></category> <category><![CDATA[adidas snowboarding]]></category> <category><![CDATA[athletes]]></category> <category><![CDATA[click-tip]]></category> <category><![CDATA[Transworld Business]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8382</guid> <description><![CDATA[Today, adidas announced that it will extend its reach in Snowboarding with the addition of five new professional snowboarders to the adidas athlete family. Kazu Kokubo, Eric Jackson, Helen Schettini, Forest Bailey and Keegan Valaika are joining Jake Blauvelt who &#8230; <a
href="http://blog.adidas-group.com/2012/10/adidas-drops-into-snowboarding-click-tip/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>Today, adidas announced that it will extend its reach in Snowboarding with the addition of five new professional snowboarders to the adidas athlete family. <span
style="text-decoration: underline;"><a
title="Facebook" href="https://www.facebook.com/pages/Kokubo-Kazuhiro/342590160861?fref=ts" target="_blank">Kazu Kokubo</a></span>, <span
style="text-decoration: underline;"><a
title="Webstagram" href="http://web.stagram.com/n/ejackshreds/" target="_blank">Eric Jackson</a></span>, <span
style="text-decoration: underline;"><a
title="Facebook" href="https://www.facebook.com/helen.helenschettini?fref=ts">Helen Schettini</a></span>, <span
style="text-decoration: underline;"><a
title="Facebook" href="https://www.facebook.com/forest.bailey1?fref=ts">Forest Bailey</a></span> and <span
style="text-decoration: underline;"><a
title="Facebook" href="https://www.facebook.com/pages/Keegan-Valaika/128300970222?fref=ts" target="_blank">Keegan Valaika</a></span> are joining <span
style="text-decoration: underline;"><a
title="Facebook" href="https://www.facebook.com/Jake.Blauvelt.Naturally?ref=ts&amp;fref=ts" target="_blank">Jake Blauvelt</a></span> who signed earlier in the year and whose <span
style="text-decoration: underline;"><a
title="adidas snowboarding" href="http://www.adidas.com/com/apps/snowboarding/" target="_blank">signature après shred boot</a></span> was launching this month. I am personally very excited about this development as I am a passionate snowboarder myself. I am actually still in summer-mode but when I saw Jake’s <span
style="text-decoration: underline;"><a
title="Vimeo" href="http://vimeo.com/channels/jakeblauveltnaturally" target="_blank">“Naturally”</a></span> video episodes for the first time, I suddenly felt the strong desire to grab by board, call some friends and hit the road to go snowboarding. <strong>&#8220;Transworld Business” interviewed Jess Weinstein, Global Communication Manager Marketing, and Chris Hotell, adidas Snowboarding Team Manager, in connection with the launch.</strong> Hotell explains that the whole idea with the team is collaboration and using the rider&#8217;s voice to share what <span
style="text-decoration: underline;"><a
title="Facebook: adidas snowboarding" href="http://www.facebook.com/adidasSnowboarding">adidas Snowboarding</a></span> is all about. Very interesting read! <span
style="text-decoration: underline;"><a
title="Transworld Business" href="http://business.transworld.net/112464/features/adidas-drops-into-snowboarding-signs-five-new-riders/?pid=32780#ngtop" target="_blank">Check it out here!</a></span></p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/10/adidas-drops-into-snowboarding-click-tip/feed/</wfw:commentRss> <slash:comments>1</slash:comments> </item> <item><title>What makes a great plan reality (and what we can learn from adidas Group&#8217;s Route 2015)</title><link>http://blog.adidas-group.com/2012/09/what-makes-a-great-plan-reality-and-what-we-can-learn-from-adidas-groups-route-2015/</link> <comments>http://blog.adidas-group.com/2012/09/what-makes-a-great-plan-reality-and-what-we-can-learn-from-adidas-groups-route-2015/#comments</comments> <pubDate>Tue, 25 Sep 2012 14:55:44 +0000</pubDate> <dc:creator>Frank Thomas (Moderator)</dc:creator> <category><![CDATA[Business Operations]]></category> <category><![CDATA[Strategy Updates]]></category> <category><![CDATA[Carlsbad]]></category> <category><![CDATA[consumer]]></category> <category><![CDATA[Flexibility]]></category> <category><![CDATA[Focus]]></category> <category><![CDATA[Herbert Hainer]]></category> <category><![CDATA[Investors Day]]></category> <category><![CDATA[John Lennon]]></category> <category><![CDATA[Reebok]]></category> <category><![CDATA[Route 2015]]></category> <category><![CDATA[Speed]]></category> <guid
isPermaLink="false">http://blog.adidas-group.com/?p=8219</guid> <description><![CDATA[John Lennon once said: „Life is what happens to you while you’re busy making other plans.“ Does this imply that we are all, more or less, just reacting and that it makes no sense to plan the future at all? &#8230; <a
href="http://blog.adidas-group.com/2012/09/what-makes-a-great-plan-reality-and-what-we-can-learn-from-adidas-groups-route-2015/" class="arrow">read more</a>]]></description> <content:encoded><![CDATA[<p>John Lennon once said: <strong>„Life is what happens to you while you’re busy making other plans.“</strong> Does this imply that we are all, more or less, just reacting and that it makes no sense to plan the future at all? Well, it’s certainly debatable. Personally, I prefer to have at least one focus to follow and believe in (maybe that’s because I am German). There is proof for the fact that having a plan can work out very well. <strong>It’s almost two years since the adidas Group announced its five-year strategic business plan <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span>.</strong> It is a very detailed and comprehensive piece of work. Last Friday, at an investor event at the <span
class="domtooltips">TaylorMade-adidas Golf<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (<span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span>) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the <span
class="domtooltips">TMaG<span
class="domtooltips_tooltip" style="display: none">TaylorMade-adidas Golf (TMaG) has led the golf industry's technological revolution since the company was founded in 1979. TaylorMade metalwoods, irons and putters have been used to win hundreds of professional golf tournaments around the world. In 1998, TaylorMade became a wholly-owned subsidiary of the adidas Group, which was the birth of the TaylorMade-adidas Golf Company. In 2008, golf-inspired lifestyle sportswear manufacturer Ashworth became part of the TMaG family.</span></span> family.</span></span> headquarters in Carlsbad, California, <strong>Herbert Hainer confirmed and reinforced the adidas Group’s long-term financial targets, as outlined in this plan.</strong> During this event, Herbert Hainer said: “Everything I have seen over the past 20 months has only reinforced my confidence that <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> will be an overwhelming success.” The upside the adidas Group envisions from <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> and beyond is tremendous.<br
/> I don’t want to go into the details of the update here (you can get more detailed information on the key findings <span
style="text-decoration: underline;"><a
title="Link to Press Release on News Stream " href="http://news.adidas.com/GLOBAL/CORPORATE/adidas-group-reinforces-confidence-in-route-2015-targets/s/5af4e08a-9660-41d6-9a1e-030c8b89fcff" target="_blank">here</a></span> and <span
style="text-decoration: underline;"><a
title="Investor Relations Website" href="http://www.adidas-group.com/en/investorrelations/events/2012/2012-09-20.aspx" target="_blank">here</a>)</span>. But the announcement made me wonder what it takes to succeed with a plan and which key attributes drive success. I’ll start by sharing my thoughts with you on <strong>what you can potentially learn from the adidas Group’s journey ‘<span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span>’, but I hope to get your insights afterwards, too.</strong></p><p><span
id="more-8219"></span></p><h3>1. Stay focused and consistent</h3><p><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/09/100m.jpg" rel="shadowbox[sbpost-8219];player=img;" title="Stay focused"><img
class="alignright size-medium wp-image-8224" title="Stay focused" src="http://blog.adidas-group.com/wp-content/uploads/2012/09/100m-200x150.jpg" alt="" width="200" height="150" /></a>I believe it is important to stick to your goals, your overarching vision and to what you really believe in. How do you define success? As soon as you are clear on this, ‘focus’ and ‘consistency’ become magic words. <strong>Distraction is the biggest enemy of efficiency.</strong> <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> once more provides the proof: since starting the journey, every major decision has been checked as to whether it complies with the plan. The focus is clearly on creating the industry’s most desirable brands, and we have executed exactly what we said we would do: <span
style="text-decoration: underline;"><a
title="Blog Post Interactivity at adidas - a new level of engagement " href="http://blog.adidas-group.com/2011/12/interactivity-at-adidas-a-new-level-of-engagement/">innovate</a></span>, <span
style="text-decoration: underline;"><a
title="Press Release Acquisition Adams Golf " href="http://www.adidas-group.com/en/pressroom/archive/2012/01June2012.aspx" target="_blank">authenticate and invest</a></span>, to <span
style="text-decoration: underline;"><a
title="Blog Post adidas NEO" href="http://blog.adidas-group.com/2012/01/the-new-kid-in-town-all-you-need-to-know-about-neo/">excite our consumers</a></span>, in particular, the next generation. You see: <strong>a plan is like a map, giving you direction so you don’t drift off course.</strong></p><h3>2. Be flexible</h3><p>John Lennon is, nevertheless, right when he underlines in the quote above that life and circumstances are constantly changing. Therefore, the pursuit of success certainly requires flexibility and sometimes you might have to run another path than you initially thought you would. This does not contradict the need for focus and consistency. While we have to be clear about our goals and principles, we must at the same time be flexible about the process of how we can achieve them. Here is an example: In light of our ambitious 2015 goals, range harmonisation has been and will be a key task going forward. The direction for the Range comes even more from the Global organistaion but offers enough local flexibility within a given framework to cover local demands.</p><h3>3. Know what you are doing it for</h3><p>All goals are worthless if you don’t know what you are pursuing them for … or for whom &#8211; because this is most often what motivates you, especially if it is emotionally important to you. <strong>Think about your own goals … it’s rarely the objective in itself that drives you.</strong> From my point of view, this goes for people as well as companies. <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> clearly asks us to: <strong>“Place the consumer front and centre in every decision we make.”</strong> Essentially, this has been rooted in our company since its very first days. One of Adi Dassler’s credos always was: <strong>“Only the best for the athletes.”</strong>This credo, amongst other things, still drives the adidas Group because, over time, the set of targets has broadened and consumers’ wishes have evolved since back then. By always focusing on what’s best for your consumers and stakeholders, brands will always achieve desirability – at least for as long as they implement with excellence.</p><h3>4. Implement with excellence</h3><p>Just having a plan is not enough.  <strong>A plan’s success obviously strongly depends on the quality of its execution.</strong> &#8220;Implementing with excellence” not only goes for products, but also for processes and services, etc.. Looking at the newly created label adidas NEO, the team managed to step into the world of fast fashion retailers within no time and deserves a lot of respect. The fast fashion retail sector has been a completely new business model for the adidas Group. Since the end of March, ten stores have been opened in the adidas NEO test market Germany. <strong>It’s all about quality</strong>– the quality of your ideas, the quality of your work and the quality of your products.</p><h3>5. Speed</h3><p><a
href="http://blog.adidas-group.com/wp-content/uploads/2012/09/yohan.jpg" rel="shadowbox[sbpost-8219];player=img;" title="adidas athlete Yohan Blake (Photo by Mike Stobe/Getty Images)"><img
class="alignleft size-medium wp-image-8225" title="adidas athlete Yohan Blake (Photo by Mike Stobe/Getty Images)" src="http://blog.adidas-group.com/wp-content/uploads/2012/09/yohan-200x150.jpg" alt="" width="200" height="150" /></a>Whilst quality of implementation should be important, on the other hand, <strong>you shouldn’t lose too much time with decision making</strong>. <span
style="text-decoration: underline;"><a
title="Blog Post Moving at fast pace" href="http://blog.adidas-group.com/2012/03/moving-at-fast-pace-herbert-hainer-and-the-adidas-group-2/">The speed of the leader(s) is the speed of the team</a></span>. I am not talking about decisions made in blind faith … especially if they might be irreversible. I am talking about the challenge not to extend the process of weighing up the pros and cons. <strong>Did you ever slow yourself down by complicating processes and by asking too many people for their point of view?</strong> Did such behaviour make you more successful? Probably not! At some point, you’ll just need to make a call. Don’t let these things steal your forward momentum. The adidas Group decided in the context of <span
class="domtooltips">Route 2015<span
class="domtooltips_tooltip" style="display: none">Route 2015 is the Strategic Business Plan for 2015 that aims at growing the business of the entire adidas Group to € 17 billion by 2015. This plan is the most comprehensive business plan the adidas Group has ever prepared, incorporating all brands, sales channels and Group functions globally. It is our road to success: our Route 2015.</span></span> that ‘speed’ and fast decision making would be facilitated by a leaner organisation; the subsequent measures taken included, for example, reducing the complexity of the product creation process. It seems to work.</p><p>&nbsp;</p><p><strong>Now it’s your turn!</strong> Do you agree? Do you have anything to add? What are your key attributes which make a plan a success? Leave a comment and share your thoughts.</p> ]]></content:encoded> <wfw:commentRss>http://blog.adidas-group.com/2012/09/what-makes-a-great-plan-reality-and-what-we-can-learn-from-adidas-groups-route-2015/feed/</wfw:commentRss> <slash:comments>5</slash:comments> </item> </channel> </rss>
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