The factors relating to competition and market participants are needed to be considered in this case. Diversification: Apple in this segment should develop new strategies towards to avoid the risks by developing new products and entering in other segments. The company should consider the existent demand and economic factors as they can create issues. AC 1.3 Explain different planning techniques that organizations can use Planning techniques are useful in creating different plans and strategies of an organization that can increase its efficiency. The various planning techniques can be explained in the context of Apple Inc are given below: BCG growth Matrix: The Boston Consulting Group Growth matrix is regarded as one of the most efficient planning techniques that the managers of an organization utilize for the purpose of planning the product portfolio of the organization.
Lean approach gained much attention after it proved to be extremely useful for Toyota as it intended to have the enterprise think first and foremost about maximizing the value that its products and services can bring to the client. This change proved to be very advantageous for Apple has it helped in decreasing waste and inefficiencies not only in physical materials but also in time and cost. Apple is considered to be understaffed by most of the critiques but the reason behind that is that the company wants to maximize productivity even with limited resources. This can be related to setting unrealistic deadlines for each task by the upper management. As much as this is debated upon, the basic goal behind this is to increase employee productivity and to maximize their contribution and efforts given a limited time frame.
Top management do the following five strategic management process, they set the goals the organisation needs to achieve giving direction, they analysis internal and external environments, strategy formulation, strategy implementation and strategy review and control or monitoring. Although gaining market share has not been part of Apple Inc. they have been careful not to deviate from their core strategy, which is producing profitable, high quality, innovative and advanced products. Part of Apple’s strategic management has been to ensure that hen they release a new device example, a new iPhone or iPad, it is best product in the world in that product segment. This has helped Apple to continue charging a high premium on their products, thus becoming profitable and maintaining a competitive and innovative advantage over their
has made structural changes like embracing decentralization in decision making, encouraging creativity at all levels so as to better suit market demands. Apple Inc. consists of eight board members, The Chief Executive Officer, Senior vice presidents, Vice presidents as well as other team leads. The main features of their organizational structure are functional based grouping and product based grouping. The Senior VPs handle different functions as marketing, branding, advertising, sales while the VPs handle different product lines such as the IPADS, IPODS, MACBOOKS etc and they all report to the CEO. These features only permit flexibility to an extent and therefore hindering rapid changes because major decision making still has to come from the CEO Tim
The top management of Apple Inc. realizes that the company cannot penetrate into the market unless they penetrate into the minds of customers. Apple Inc. focuses on its internal employees; the company provides an environment to its employees so that they can set their thoughts on innovative ideas to improve Apple products. According to "Apple Inc. Stakeholders" (2016),”Employees are the second-priority stakeholders in Apple’s approach to corporate social responsibility. This stakeholder group is composed of employees at Apple’s facilities. Employees as a stakeholder group are important because they directly determine Apple’s human resource capabilities to innovate and develop profitable products” (para.
Apple Inc is the company about technologies which it is the brand that have in costumer’s attention. The CEO for the Apple Inc. is Tim Cook which he is the continue legacy after Steve Jobs. In a nutshell, the Apple Inc. has their own goal which it is to obtain stellar products and services within tight timeframes at a cost that represents the best possible value to our customers and shareholders. It seems like a daunting tasks but Apple Inc. still want to continually set higher goals for the best quality for their products . The product of Apple Inc. such as Ipad, Iphone, Ipod, laptops and other.
You will need a basic roadmap on where you are now, and where you are going. For example, if providing excellent customer service were your main objective, you would need to come up with a strategy to make sure the customers are satisfied in every way. Question 4.6 (P.C.4.6) Determine customer service strategies that establish relationship-marketing criteria. As apple is already very famous among the people around the globe so that its relationship is already very good. They always provide plenty of things in their products so that their customers cannot go away to any other brand.
Great team building could lead to a good communication and deliver against all promise. In OBS, it is always the business first, technology solution second. One of OBS aims is to help the clients’ business life easier. Our experts take an end to end view of the clients’ solutions, no matter in packaged, tailored integrated, managed or in the cloud. And translate theses solutions into business
Leaders embodied with golden circle idea understands consumer aspect in belief of people buy not from what you do but why you do it. Apple’s competitor are all equally qualified do business with consumers, in fact they believe that recipe for success is achieved through finance, right employee, and right market conditions. Without these three elements it is difficult; however, Apple’s goal is to do business
There is no shortage of evidence that every single company is using Human Resource Management strategies based on their organizational activities. Because in the face of increasing competitive organizations have to concentrate on the value of investments in human resources as a major source of competitive advantage. Even if business strategy is a common conversation in the executive suite, using Human Resource Management strategies will be much more beneficial for staff functions within companies, as they often need to justify their need for resources and their contribution to the company. In this report I will strive to explain about Human Resource Management issues and its relevance to today’s work organizations, especially BMW company.