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Prior to beginning work on this assignment, read Chapter 1 in Leadership for Today and the Future and visit Nike’s Diversity, Equity, and InclusionLinks to an external site.
The purpose of this exercise is to have you practice the key aspect of strategic leadership. This exercise will require you to understand the role of strategic leadership in the strategic management process.
For this assignment, you are to assume the role of a leader who has been recently assigned the task of training the management team of its newest subsidiary to embrace and practice diversity at the highest levels. For the purpose of this exercise, utilize Nike as your parent company. Under Mark Parker, Nike is leading the way in diversity. Nike’s vision is for every team to be high performing, diverse, and inclusive. To achieve this vision, Nike’s strategy is the following:
· Cultivate diversity and inclusion to develop world-class, high-performing teams.
· Ignite change and inspire critical conversations around diversity, inclusion, and innovation.
· Create venue and environments for open dialogue, diverse opinions, and a multitude of perspectives.
As a multinational corporation, Nike wants to ensure that all its subsidiaries around the world have high diversity standards. Your task is to help lead your subsidiary in developing diversity standards for its respective units that align with the overall diversity standards of Nike, its parent corporation.
For this week’s assignment reflection,
· Write a one-to-two-page, single spaced (no title page) outline regarding your strategic plan to develop the diversity standards for your respective subsidiary that aligns with Nike’s overall diversity standards. You may want to review the UAGC Writing Center’s page on OutliningLinks to an external site. and the Sample Argumentative Paper OutlineLinks to an external site. to organize your thoughts. Your outline must follow APA StyleLinks to an external site..
· In addition, be clear in identifying what role you will play as the leader in this process. Your task is to provide an innovative plan with specific steps on how you as the leader will address this project. You are not required to develop the diversity strategy; rather you are to provide an outline of the steps that you will take to accomplish this goal.
Consider the following questions in your reflection:
· What specific steps will you take to achieve the goal?
· Who will you enlist for support to accomplish the goal?
Strategic Plan Outline: Implementing Diversity Standards in Nike’s Subsidiary
I. Introduction
- Briefly introduce the purpose of the outline: aligning the subsidiary’s diversity standards with Nike’s corporate strategy.
- Highlight the importance of diversity, equity, and inclusion (DEI) in fostering innovation and high-performing teams.
- State your role as a leader responsible for implementing DEI initiatives in the subsidiary.
II. Understanding Nike’s Diversity Strategy
- Review Nike’s DEI Vision & Strategy
- Cultivating diversity and inclusion for high-performing teams.
- Igniting change and fostering critical conversations.
- Creating an environment for open dialogue and diverse perspectives.
- Assess Current DEI Practices in the Subsidiary
- Conduct an internal audit of existing diversity policies and workforce demographics.
- Identify gaps between the subsidiary’s DEI practices and Nike’s standards.
III. Developing Diversity Standards for the Subsidiary
- Define Clear Diversity Standards
- Establish policies that promote inclusive hiring, equitable pay, and fair opportunities.
- Develop training programs to reduce unconscious bias and encourage inclusive leadership.
- Create a DEI Task Force
- Assemble a diverse team of employees and managers to champion DEI initiatives.
- Assign specific roles for monitoring progress and enforcing accountability.
- Implement Training & Development Programs
- Organize leadership training on cultural competence, inclusive management, and bias reduction.
- Offer mentorship programs to support employees from underrepresented backgrounds.
IV. Strategic Steps for Execution
- Stakeholder Engagement
- Gain support from executive leadership and HR teams.
- Collaborate with employees at all levels for feedback and inclusion.
- Policy and Structural Changes
- Revise recruitment and promotion policies to ensure diversity.
- Establish employee resource groups (ERGs) for different identities and interests.
- Performance Metrics & Accountability
- Set measurable DEI goals and track progress.
- Conduct regular diversity assessments and feedback sessions.
V. Conclusion
- Summarize the key steps and expected impact of the diversity standards.
- Reiterate commitment to fostering an inclusive workplace that aligns with Nike’s vision.
- Outline the next steps, such as continuous monitoring, reporting, and refinement of the strategy.
This structured approach ensures a clear and actionable plan for integrating Nike’s DEI framework into the subsidiary. Let me know if you need any refinements!