In a recent Business Week article, Herbert Hainer discusses his choices about the Adidas/Reebok merger. Herbert acquired Reebok in 2006 and has faced criticism ever since. The initiative to withdraw from such retailers as Wal-Mart and Tesco caused sales to decline for Reebok, combine this with the declining economy and Reebok was headed for disaster. Despite all of the failure Herbert Hainer faced he remained strong in the and continually encouraged workers to openly discuss their concerns about the two companies.
According to the class lectures and Herbert’s reflection on this issues it is clear to see there was an over estimation of Reebok. Leaders need to maintain open communication in their organizations regardless of the current state of business such as growth, decline or maturity. Herbert’s only regret was his inability to manage expectations for this merger.
I feel that leaders as more than the center of organization, they are the heart of motivation. There are several theories that place vast amounts of responsibility on the leader. To name only one would be unfair to the entire leadership structure.
Penned by: Drew Alfrey
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