Project Proposal Nike Inc. - 1354 Words

Project Deliverable 1: Project Plan Inception Nike, Inc. is a corporation that specializes in the design, development, manufacturing, marketing, and sales of footwear. Nike, Inc. was founded by Bill Bowerman and Phil Knight. The current Chief Executive Officer (CEO) is Mark Parker. The company headquarters is in Beaverton, Oregon. The company headquarters will be expanding soon and will contain two additional floors. Currently, there are twenty employees and four out of the twenty employees handle the IT part of the corporation. Nike operates domestically and has connections overseas. Majority of the shoes are manufactured by an independent contractor that is located overseas. Nike is identified by its Swoosh logo. Consistent innovation†¦show more content†¦Using this approach allows Nike to benefit from the advantages of offshoring and outsourcing. Offshoring lowers costs and results in higher productivity. Outsourcing offers labor flexibility and increases competitive adva ntage (Kate, n.d.). China is a leader on the manufacturing side and India is a leader when it comes to information technology services (Kate, n.d.). â€Å"In the past decade and a half of increasing globalization, offshoring has been the fastest growing segment of the outsourcing market (Kate, n.d.)†. There are four skilled information systems personnel at Nike, Inc. including the Chief Information Officer (CIO), Director of Data and Analytics, Expert Database Architect, and Principal Security Reference Architect. The Chief Information Officer (CIO) is Jathea Darden. The job of a CIO is to lead Nike, Inc.’s information technology plan to support the company’s growth. The CIO also oversees computer operations, manages the IT staff, establishes policies and procedures for the IT division, and proposes hardware or software solutions to accomplish the corporation s business objectives (â€Å"Chief Information†, n.d.). The Director of Data and Analytics is Lor i Alexander. The Director of Data and Analytics contributes to the future business solutions that will support Nike’s objectives. Lori has experience working with SaaS solutions, building workflow and productivityShow MoreRelatedNike Case1074 Words   |  5 PagesEstimating the cost of Capital 1. Capital Budgeting decisions It is important for a company to know whether a particular investment would be profitable in the long run. If the company knows the cost of capital it can accept or reject investment proposals by calculating the present values of the future cash flows. The company would most likely not invest if the cost of borrowing is greater then the returns generated from the investment. 2. Determining the ideal capital structure By calculating theRead MorePrep Question988 Words   |  4 Pagescredit. Decide if it is a good idea to repurchase stocks. Preparatory Questions for Southwest Airlines Winglet Project 1. 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