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Apple success story
Apple success story
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4. Communicate for understanding and buy in. This fourth step is now a part of the “implement it” phase. It is necessary to make sure that the members understand the changes that will be made and why these changes are necessary. Effective communication will result into better acceptance by the members, and the more members that accept and adapt the change, the easier it will be to convince and influence the remaining people who continue to resist it. Even though Tim Cook was very vocal in his vision and new core values for the company, little has been said about why does Apple needs to undergo a cultural change. It was hinted that Cook would not be able handle the old corporate culture as he was more of a coach that trusts his players than a mastermind of all great things in the company (Lashanky, 2015). Steve Jobs played the role …show more content…
Produce short-term wins. Short-term wins in the sense that even the smallest results matter. When setting a long-term objective, it is crucial that the company creates short-term objectives which can be accomplished along the way. These short-term objectives not only function as a measurable basis for the achievement of the long-term goal, but also serves as motivational packets for members. These motivational packets continuously boost the morale of the members, making them more and more effective as they move closer to the long-term goal, which is the transition to and the creation of a new culture. Short-term wins for Apple can be in the form of increase in sales, or as what is currently happening, increase in stock prices. According to Lashanky (2012), Apple’s stock performance has improved ever since Cook was put in place. It was said that Jobs rarely show himself to stockholders, and dividends are minimal. However, Cook changed Apple to become friendly not just to its employees, but also its stockholders. Apple’s social actions could also have contributed in enticing more investors to buy Apple stocks.
7. Don’t let
Apple Computer Inc designs, manufactures, and markets personal computers and related personal computing and communication solutions. The return of Steve Jobs, the companies founder, as CEO has pulled the company’s stock price up 775-percent through his launch of innovative products such as the iMac computer line. On January 5, 2000, Jobs announced that he was dropping interim from his CEO title and taking the job full-time. With this news and Apple’s new products such as the iBook, a portable pc and Quick TV, an internet television access feature, Apple Computer is headed for success and is sure to increase their share in the computer market.
Apple (from an interview with CEO Tim Cook): “We believe that we are on the face of the earth to make great products and that’s not changing. We are constantly focusing on innovating. We believe in the simple not the complex. We believe that we need to own and control the primary technologies behind the products that we make, and participate only in markets where we can make a significant contribution. We believe in saying no to thousands of projects, so that we can really focus on the few that are truly important and meaningful to us. We believe in deep collaboration and cross-pollination of our groups, which allow us to innovate in a way that others cannot. And frankly, we don’t settle for anything less than excellence in every group in the company, and we have the self-honesty to admit when we’re wrong and the courage to change. And I think regardless of who is in what job those values are so embedded in this company that Apple will do extremely well.”
4.3: Explain how to work with an individual and others to agree how active participation will be implemented.
Within the last decade Apple has become one of the largest growing companies in the world and the largest valued company in the United States. According to a recent article in The Guardian, a global financial news website, “Apple set a record by becoming the first company to be valued at over $700bn (£446bn).” (Fletcher, N. 2014) This comes as no surprise to the average computer aficionado and shareholder as Apple has been making a name for itself since its inception. From its earliest Macintosh models to today’s iPhones, Apple has been a trailblazer for software, technology and revolutionizing the way we communicate on a Macro level. Their dedication to innovation, quality and service has made them
These products, built upon incredible foresight and attention to detail, carried tremendous customer loyalty and high margins. Apple management must bridge the perceived innovation gap with some sort of product breakthrough. Otherwise, it is reasonable for the company to accept lower Street expectations built upon the premise that while the company remains an exceptional production, distribution and branded business, the days of unparalleled enterprising innovation and leadership may be ebbing. The best things to do, by Cook, would be to have a VP that replace the innovation brought by Jobs and be in charge only on innovation.
Apple Inc is a multinational organization in America and has its headquarters in California. The organization specializes in the design as well as development of consumer electronics including: computer software 's, and also personal computers. The organization has for long been offering a broad range of communication mobile communication as well as its own company software’s. The organization has quite an upright name in the business world. For a long period it has been producing quality product and their designers really bring out uniqueness in their products (Linzmayer, 2004). Apple Inc has established itself as being the world’s leader in innovation. Thus according to statistics; it is classified as being the fourth most valuable technology
Steve Jobs one of the founding fathers of Apple Inc used strategic planning to his advantage by making Apple’s mission a simple one- bringing easy to use computers to the general market, revolutionizing the computer market. In 2007, after thirty years, the organization changed its name from Apple Computer to Apple Inc., this was a significant move because the organization became more independent, and it was no longer known as a vendor to Macintosh personal computer line (Yoffie & Slind, 2008). This strategic move paid off; a year and half later, Apple Inc.’s third quarter net profit of $1.07 billion on a $7.46 billion in revenue (Yoffie & Slind, 2008). SWOT Analysis of Apple, Inc. Strengths (Competitive Advantage)
Apple has made reasonable management of its human and material resources since its innovational approach demands effective strategic allocation of its resources to the development and utilization of its productive resources to support its innovative investment strategies. Effective strategic control brings power to Apple’s decision-makers to allocate its resources to confront the technological, market, and competitive uncertainties which are inherent in the innovation
even cause offence if not marketed or designed in a manner appropriate to that particular
is yet to reach its maximum potential. Truly a unique entity in its accomplishments and organization, apple through the conviction and leadership of Steve Jobs its founder and then CEO; have pioneered the revolution of mobile technology. When it comes to strength, apple Inc, has a great marketing team with great marketing and advertisement capabilities, strong brand awareness, a strong and extensive distribution channel, and most of all a vertical integration and the most obvious which is customer loyalty. With the acquisition of valuable companies such as Beats, WhatsApp, mobile payment systems with the IPhone 6, wearable gadgets like the IWatch, apple uses these opportunities to satisfy its loyal
Apple Inc. is located in Cupertino, California and was established in 1976. Apple Inc. designs, manufactures and markets mobile and media devices, personal computers and portable digital music players. They also sell a variety of related software, services, and networking solutions. As of this writing, Apple Inc. is the first United States Company to reach a market valuation of over seven hundred billion dollars (Higgins 2015).
Remove barriers: If follow these steps and reach this point in the change process, and will discuss the vision and build the support of all levels of the organization. The Organization shall review the organizational structure, job descriptions, compensation and performance systems to ensure they are in line with this vision. Create urgency for change to occur, it is useful if the whole society really wants. Develop a sense of urgency about the need for change. This can help the company Alphabet Games spark of motivation to get things moving. It will help to identify potential threats, and develop scenarios showing what could happen in the future. It also examines
Steve’s eye for the beauty within technology and his passion for the user experience are they key factors to Apples success. Steve jobs had a rather unique and controversial leadership style that was highly scrutinized by his board of directors as wells as his employees, but ultimately led to the companies success. Jobs leadership could be defined by saying he used the Relational Leadership Model or the Transformational Leadership Model, or even the Great Man Leadership Model, but the truth was that Steve Jobs did not fit into just one of these model. Jobs had a philosophy and leadership style that was authentic and indecent which caused a great deal of friction within Apple. Jobs was known for scourging his employees, working them to death, and then throw them away when he was done with them.
We think Steve Jobs was a successful leader because he was imaginative, passionate about his job, he had the ability to push employees to create new things, had confidence, and believed in collaboration. Under Steve Jobs' leadership Apple was an innovative company and under Tim Cook's leadership Apple is now being seen as more of charitable, socially and ethically responsible company. While [he’s heard the repeated refrains that “Apple can’t innovate under Tim,” that the company needed a low-cost iPhone to thwart the progress of Google’s Android, that Cook never could replicate the Jobs magic—and therefore that Apple never again would be “insanely great.” ] (Lashinsky, 2015), he hasn’t changed his methods since Jobs’ passing and continues to lead in a way that he believes will raise Apple’s value in the eyes of society.
The money factor is a bad way of motivating the top employees. Employees need to work because they love the job and not because they are motivated by a financial reward. In order to motivate the top employees in the company, Apple needs to reward them without involving the money aspect this is because a top employee motivated to work because of a financial reward would achieve less than that working due to other motivational factors other than money in addition, the money aspect will only work for the short-term goals and not the long-term goals Apple could retain the top employees in the company in several ways firstly, apple company should offer services such as dare care services. Day care service may seem like a minute aspect that would not impress the top employees. However, most employees are affected by children related problems. A