The Surprising Way Nike CEO John Donahoe Starts His Day
Including a litre of water. a workout and a burgeoning gratitude practice.
Including a litre of water. a workout and a burgeoning gratitude practice.
Early in his career, Nike President and CEO John Donahoe heard a speaker at a Bain & Company training program make an observation that immediately clicked with him: Elite athletes tend to view getting help as a sign of strength. “He was talking about [how] Michael Jordan didn’t only have Phil Jackson as his bench coach, but he had a personal chef; he had a psychological coach,” says Donahoe, 61. “And he said, ‘You people in business, you act like getting help is a sign of weakness. You act like you have all the answers. If you want to perform at a world-class level, you’ve got to feel comfortable consuming help.’ ” In the decades since, Donahoe has worked with multiple leadership coaches; seen his therapist, Jill Mellick, for 30 years; and established his own board of personal directors—trusted friends he turns to for advice.
Donahoe, who was born in Evanston, Illinois, is both a father of four with his wife, Eileen, and a four-time CEO, having led Bain & Company, eBay and the digital workflow company ServiceNow. In January 2020, after having been on Nike’s board of directors since 2014, he moved to Oregon when he became the company’s fourth chief executive, following co-founder Phil Knight, William Perez and Mark Parker.
Since taking Nike’s top job, Donahoe has had his work cut out for him. Before he became CEO, there had been negative reports in the media on Nike’s treatment of female employees and female athlete partners. Donahoe has set a target of filling 45 percent of roles at the vice president level and higher with women by 2025. He also aims to have 30 percent representation of racial and ethnic minorities at the director level and above in Nike’s U.S. workforce. He had planned to go on a 100-day global “listening tour” that, due to the pandemic, he had to complete virtually. This past week, Nike closed its corporate offices around the world to give employees time off to rest and recharge.
“In many ways, Nike’s viewed as a real leader in advocating for diversity externally,” he says. “We want to make sure we’re also a leader internally.”
What time do you usually wake up on Mondays?
I’m a creature of habit. I wake up at 5:45 every weekday morning. The first thing I do is drink 33 ounces (approx. 1-litre) of water and two cups of coffee, and then I stretch using the Hyperice Hypervolt [a massage recovery device]. I meditate for 10 minutes and then I have a Nike personal trainer—his name’s JC Cook. I work out from 7 to 8, four mornings a week with him.
What day do you take off?
That varies. I have learned a lot from a guy we have at Nike, Ryan Flaherty, who is an elite trainer and has looked at the data about what elite athletes do. And he talks about the five facets of sport, which are movement, sleep, nutrition, mindset and recovery, recovery being really important. So we just kind of gauge how my body’s feeling any given week, or sometimes I have early meetings—that tends to dictate it too.
How many hours of sleep do you get per night?
I’ve accepted that I need sleep. Earlier in my career, I told myself I don’t really need that much sleep. And the reality is sleep’s really important. And so I target getting seven-plus hours a night. Sometimes that’s unrealistic, so I target getting 70 hours every 10 days.
What do you eat for breakfast to start the week off right?
I have a protein shake, and then once I get to the office I’ll have a Chobani yogurt and a banana.
Is there a time of day or the week that you’re most creative?
The morning would be my best time. There are some mornings where I’ll stay home for the first couple of hours with no meetings, either to reflect or to collect my thoughts or if I have to write something. On a Monday morning, you have to have a plan for the week, so usually on Sunday, I’ll sit down and look at my week and try to just for a few moments reflect on what are the most important things I want to get done for the week. I’ve learned over my career to be more conscious of where are the moments I’m going to prepare for things, and schedule those in, legitimize those things—including the times I want to be creative.
When you’re reflecting, what does that look like for you?
I took a year off, a sabbatical so to speak, in 2015, and I did a 10-day silent Buddhist retreat up at Spirit Rock [a meditation centre in Woodacre, California] with [author and Buddhist practitioner] Jack Kornfield. Jack’s been a wonderful spiritual counsellor and adviser. What I’ve been doing a lot lately is gratitude practice. What we know from brain sciences and Buddhism teachings is you can, in fact, train your brain. Your brain becomes more negative over time because negative experiences stick in our brains. So you can counteract that by being more conscious of things you’re appreciative of, of the good things in your life. And so I just think, What am I grateful for in the broad sense of my life? What am I grateful for in the previous day? What am I looking forward to that I’m going to enjoy in the coming day? It’s a good exercise. For so many years, I was very diligent about physical working out. But what I’ve learned in my sort of later years, the last five to 10, is the importance of what you might call a workout of the mind. It’s that notion of mindfulness, and it needs the same kind of discipline and focus that the physical side needs.
What changes have you made as Nike CEO so far?
Digital is infusing every element of our consumers’ lives. So whether it’s a Nike Training Club, Nike Run Club, our activity apps or the SNKRS app or the Nike mobile app, consumers have led us to that and we’ve tried to make sure we’re right there with them in all aspects of their lives.
Do you have a guiding philosophy?
I’m an advocate of servant leadership. When I understand that everything I’m doing is in service to a purpose, in service to others, I have a wellspring of motivation and inspiration even through periods of adversity. Just staying connected with this notion of, we’re on earth to serve others. My leadership role models have always been head coaches—you think about Phil Jackson, Coach K [Mike Krzyzewski], John Thompson, Tara [VanDerveer], who just won the NCAA [women’s basketball] championship—they’re leaders that lead from almost behind, serving their players, serving their programs, serving a broader cause. The power of service has been a recurring lesson throughout my life, my career.
What lessons did you learn about running a company during the pandemic?
I think change and uncertainty are the new normal…so just accepting and then dealing with continuous change and uncertainty. Second, the importance of being really clear on your values, because you need a rudder. At Nike, early on in the pandemic, we reflected on our values, and that’s what drove our decision to provide pay continuity to all of our store athletes [retail employees]. Even in the months when all of our stores were closed, it was a no-brainer for us. It was an investment of [around] $500 million, but it was absolutely the right thing to do. The third thing is the importance of communication and transparency. While leading a Zoom life is taxing in many ways, what Zoom has been able to do is, I’m in front of 25,000 people once a month on Zoom. And then the last thing it’s reinforced for me as a leader is the power of authenticity and vulnerability, because I don’t have the answers many times, whether it’s around the pandemic or racial and social injustice issues or geopolitical issues. But I think there’s a real power and a real need to just show up and be authentic, be vulnerable and be present.
How does Nike think about appealing to a Gen Z audience?
We talk about our consumer muse being the young person who’s 16 to 24 years old. This generation, they want their individuality. They want to be understood and respected for who they are, and that can vary across race, gender, point of view, background. They don’t want to be labelled, and yet they also want to be part of a community. They want diversity, equity and inclusiveness; they want that to be their world. It’s such an interesting time to both try to understand the unique qualities of each individual but have that not be divisive, have that be community building…. I come away with a great deal of hope when we listen to Gen Z because they’re stepping up in ways where they’ll be responsible leaders of this world in the next 10, 20, 30, 40 years.
This interview has been edited and condensed for clarity.
“Every morning, I stretch using the Hyperice for 20 minutes.”
“I have an app on my phone…even commuting into work, I’ll just do gratitude practice, which in this moment in time is a really helpful and useful thing.”
“The Space Hippie takes trash (literally!) and transforms it into a great shoe with a unique aesthetic.”
“A multivitamin, vitamin B, vitamin D or curcumin…. I almost don’t even know what’s in the handful of things I take; I’m willing to try anything.”
“A Monday morning, it’s not that different than many others: Start with 33 ounces of water.”
Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: August 30, 2021.
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
New research tackles the source of financial conflict and what we can do about it
When couples argue over money, the real source of the conflict usually isn’t on their bank statement.
Financial disagreements tend to be stand-ins for deeper issues in our relationships, researchers and couples counsellors said, since the way we use money is a reflection of our values, character and beliefs. Persistent fights over spending and saving often doom romantic partnerships: Even if you fix the money problem, the underlying issues remain.
To understand what the fights are really about, new research from social scientists at Carleton University in Ottawa began with a unique data set: more than 1,000 posts culled from a relationship forum on the social-media platform Reddit. Money was a major thread in the posts, which largely broke down into complaints about one-sided decision-making, uneven contributions, a lack of shared values and perceived unfairness or irresponsibility.
By analysing and categorising the candid messages, then interviewing hundreds of couples, the researchers said they have isolated some of the recurring patterns behind financial conflicts.
The research found that when partners disagree about mundane expenses, such as grocery bills and shop receipts, they tend to have better relationships. Fights about fair contributions to household finances and perceived financial irresponsibility are particularly detrimental, however.
While there is no cure-all to resolve the disputes, the antidote in many cases is to talk about money more, not less, said Johanna Peetz, a professor of psychology at Carleton who co-authored the study.
“You should discuss finances more in relationships, because then small things won’t escalate into bigger problems,” she said.
A partner might insist on taking a vacation the other can’t afford. Another married couple might want to separate their previously combined finances. Couples might also realize they no longer share values they originally brought to the relationship.
Differentiating between your own viewpoint on the money fight from that of your partner is no easy feat, said Thomas Faupl, a marriage and family psychotherapist in San Francisco. Where one person sees an easily solvable problem—overspending on groceries—the other might see an irrevocable rift in the relationship.
Faupl, who specialises in helping couples work through financial difficulties, said many partners succeed in finding common ground that can keep them connected amid heated discussions. Identifying recurring themes in the most frequent conflicts also helps.
“There is something very visceral about money, and for a lot of people, it has to do with security and power,” he said. “There’s permutations on the theme, and that could be around responsibility, it could be around control, it could be around power, it could be around fairness.”
Barbara Krenzer and John Stone first began their relationship more than three decades ago. Early on in their conversations, the Syracuse, N.Y.-based couple opened up about what they both felt to be most important in life: spending quality time with family and investing in lifelong memories.
“We didn’t buy into the big lifestyle,” Krenzer said. “Time is so important and we both valued that.”
For Krenzer and Stone, committing to that shared value meant making sacrifices. Krenzer, a physician, reduced her work hours while raising their three children. Stone trained as an attorney, but once Krenzer went back to full-time work, he looked for a job that let him spend the mornings with the children.
“Compromise: That’s a word they don’t say enough with marriage,” Krenzer said. “You have to get beyond the love and say, ‘Do I want to compromise for them and find that middle ground?’”
Talking about numbers behind a behaviour can help bring a couple out of a fight and back to earth, Faupl said. One partner might rue the other’s tightfistedness, but a discussion of the numbers reveals the supposed tightwad is diligently saving money for the couple’s shared future.
“I get under the hood with people so we can get black-and-white numbers on the table,” he said. “Are these conversations accurate, or are they somehow emotionally based?”
Couples might follow tenets of good financial management and build wealth together, but conflict is bound to arise if one partner feels the other isn’t honouring that shared commitment, Faupl said.
“If your partner helps with your savings goals, then that feels instrumental to your own goals, and that is a powerful drive for feeling close to the partner and valuing that relationship,” he said.
When it comes to sticking out the hard times, “sharing values is important, even more so than sharing personality traits,” Peetz said. In her own research, Peetz found that romantic partners who disagreed about shared values could one day split up as a result.
“That is the crux of the conflict often: They each have a different definition,” she said of themes such as fairness and responsibility.
And sometimes, it is worth it to really dig into the potentially difficult conversations around big money decisions. When things are working well, coming together to achieve these common goals—such as saving for your own retirement or preparing for your children’s financial future—will create intimacy, not money strife.
“That is a powerful drive for feeling close to the partner and valuing that relationship,” she said.
Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’