Nike’s Co-founder on Innovation, Culture, and Succession
Nike’s Co-founder on Innovation, Culture, and Succession  
Podcast: HBR IdeaCast
Published On: Thu Jul 13 2017
Description: Phil Knight, former chair and CEO of Nike, tells the story of starting the sports apparel and equipment giant after taking an entrepreneurship class at Stanford and teaming up with his former track coach, Bill Bowerman. Together (and with the help of a waffle iron) they changed how running shoes are designed and made. Knight discusses the company's enduring culture of innovation, as well as the succession process that led to former runner and Nike insider Mark Parker becoming CEO.