Adidas CEO Kasper Rorsted says consumers will force fashion - CNBC Is that your call? manufacturer Henkel. of Business Thought Leader Series. Speed is the challenge, and the key question is, how can we as a global company simplify our operations with a strong IT focus? The company is active around the globe and currently employs about 47,000 people. and employees first. In addition, the entire Henkel Management Board knows our top 300 or 400 people personally and knows where in the world they are working. Do you feel thats important to do as a CEO? He registered more You won't become the leading player with the old styles of management, says the Runtastic CEO, who is continually reviewing his own leadership qualities with the help of a personal coach and a mentor. strategy. The Ukrainian border is 1,000 miles And as a company that stands for something positive energy, sport, For me, that is one that has such a devastating impact on the entire environment. Our employees know who I am and what Im doing. We aim to turn Henkel into a real-time enterprise. We are working on several initiatives, such as a standardized master data-management system for the whole company and an improved predictive model for raw-material price development. Eisen: That's interesting. Kasper Rorsted: When I joined the company, Henkel had about 1,000 brands. We needed everyone to understand the core messages. For me, this is one that has such a devastating impact on the entire environment, Rorsted: So going back, I think it should be what the company should be doing rather than I. I think if I were to pick one out it is really in plastic waste. All of our employees are individuals and we must always keep this in mind. The German sportswear giant says that it has opened its search for a replacement, with. questions pre-submitted by the audience. We put very aggressive targets in place for sustainability. Copyright 2023,University of South Florida. Another was my early career in Americas high-tech industry at a time when something entirely new was taking shape. Eisen: What's the most difficult challenge you laid out? This is the foundation, a process we conduct with all 9,000 managers worldwide. McKinsey: On the topic of getting the team right, how do you recruit and retain the best peopleespecially in markets where the Henkel brand is not so well known? We have defined a set of leadership principles and shared them with all our people managers worldwide in a series of workshops. I think it's very different.