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Adidas CEO Bjørn Gulden says this key strategy turned the company around

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Why This Matters

Adidas's turnaround under CEO Bjørn Gulden highlights how leadership culture and internal decision-making processes can directly impact a major brand's financial recovery. His comments offer a window into corporate strategy that other struggling companies and executives may look to replicate. This matters to consumers as it signals renewed innovation and product focus from a major sportswear brand.

Key Takeaways
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Gulden spoke about his leadership approach at the Fast Company Innovation Festival. The key to Adidas’s recent revival? Getting rid of all the “no-sayers,” CEO Bjørn Gulden told an audience at the Fast Company Innovation Festival in New York. He credits this strategy for turning the brand around after a tumultuous period.