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How Nike Built an Enduring Board Culture
Lucas and Luna dive into one of corporate governance's most fascinating case studies: Nike's board of directors. They explore how a sneaker company built a board culture that survived founder Phil Knight's outsized influence, navigated crisis succession, and produced decades of strategic clarity. Lucas reveals the specific governance mechanisms — from the 'Gulf War letter' test to the director independence standards Nike pioneered — that kept the board functional when other founder-led boards implode. Luna presses on what happens when culture becomes orthodoxy, and…
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