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Egon Zehnder: Of your 47,000 or so employees, more than 80 percent work outside Germany. But on Black Lives Matter. At Henkel 30 percent of our managers are already women. We put great emphasis on internal promotion and talent development. announced that he is not running for re-election and is stepping down from that role CNBC Transcript: Adidas CEO Kasper Rorsted Speaks with Sara Eisen from Adidas has announced that Kasper Rorsted will step down from his role as chief executive in 2023. Leaders with Lacqua: Kasper Rorsted Bloomberg Television 1.49M subscribers Subscribe 5.2K views 3 years ago Oct.30 -- Francine speaks with the Adidas CEO about the biggest challenges running a. Kanye West Declares Adidas CEO Kasper Rorsted As Dead We developed it ourselves in recent years, and it creates transparency for all managers. You were the CEO of the consumer giant Henkel, what, 13 years ago? He held a series of management positions at Oracle and Digital Equipment Corporation (DEC), as well as at Compaq, where he headed up the company's European operations starting in . If you look upon this, you know, hoodie I'm wearing today is made out of fully recycled material. Of course, very vocal on some of the racial issues around George Floyd. This website is maintained by Muma College of Business. That said, at Henkel we are also affected by the effects of the recession in Europe, and I expect Europe will continue to face an extremely challenging period over the next few years. Copyright 2023,University of South Florida. In performance appraisals, leadership conduct is taken into account just as much as the numbers.. Its leaders shows respect to their employees by protecting their jobs, challenging them, and supporting them in their efforts to improve. Some high-profile Adidas brand ambassadors who wear the iconic three-striped hoodies And I think in the world of political correctness, I think it is important that we have people that have different opinions for different reasons. With the assistance of two Harvard Business School professors, in 2009 we asked ourselves what it would take to implement our goals and our strategy. Advisory Council, serves on the Nestl board alongside Rrsted and was instrumental These trends fundamentally change the business environment. He works closely with numerous family entrepreneurs and management on, Intergovernmental & Multilateral Organizations, leadership team throughout the entire organization. Executives are only human in difficult situations they too tend to start looking for good excuses for why something cant be done at the present time. Get the strategy and the team right: An interview with the CEO of Henkel. Weve increased our talent development efforts through collaboration with Harvard and other universities, for example. Adidas Extends CEO Kasper Rorsted's Contract for Five Years In 2010 we held almost 5,000 workshops in which I participated personally as often as I could to communicate our vision, values, and targets to all our employees around the globe. Before joining Adidas, Rrsted was the CEO at Henkel from 2008 to 2016. Egon Zehnder: How did you master these challenges? His favorite app 365 Dream shoes. Why do intrinsically good approaches get bogged down so quickly? is so negative. We have been able to achieve everything we have set out to do. Kasper Rorsted adidas CEO Rating | Comparably You dont find this very often in the IT business, where I worked before joining Henkel. So that has changed. Adidas Extends CEO Kasper Rorsted's Contract for Five Years He uses two iPhones and one iPad Mini. With this new facility, were expanding our production capacity in one of our fastest-growing emerging markets. he said. a no-win proposition for everybody, he said. At USF, the athletics department is in the fourth year of an eight-year partnership So when you use reused material, you can completely recycle it or this shoe, which is totally recyclable. Rrsted also talked about the war in Ukraine. Kasper Rorsted: To succeed in the highly competitive consumer-goods environment, we need both a management team that reflects the diversity of markets in which we operate and the innovation capabilities to address a broad range of varying consumer needs. In an interview at the CNBC Evolve Global Summit in June 2021, Rrsted discussed the Kasper Rorsted to succeed Herbert Hainer as CEO of adidas AG Will you continue to do that? Today, 55 percent of our employees are in emerging markets. and authors in business and industry for informal talks that cover a wide range of I noticed the company was vocal against stopping Asian hate when that was going on. And I think it should be done less with the personal opinion of the CEO, because the CEO represents the company, but is not the company.