Philip Knight: Nike Finally Does ItAaron Bernstein
After years of pressure to stop abusive practices in Nike's overseas plants, CEO Philip Knight has decided to revamp labor policies. In doing so, he becomes the one applying pressure--on other U.S. companies to match his new standards. On May 12, Knight pledged to raise the minimum worker age and let human rights groups help monitor its foreign plants, which employ half a million workers. Nike also will issue summaries of the groups' conclusions and use U.S. safety and health standards.
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