INTRODUCTION Apple Inc. 2010 was founded in 1976 by Steve Jobs and Steve Wozniak as Apple Computer. It was best known for its Macintosh PC. Despite its strong brand, rapid growth and high profits in late 1980s, the company almost went bankrupt in 1996. Jobs rebranded it as Apple Inc with innovative non-PC products starting early 2000’s. pg.
Immediate Issue(s) or Problem(s) The main issue in the case is about the conflict of interest when Mr. De Guzman and the two other directors who processed the transactions convinced Dr. Gonzales to sell the shares to them instead when Cheap Pharma cannot pursue the plan due the problem in one of its factories. With this, it turned out that the directors took advantage of the weakness of the company they are serving. 2. Basic Issue(s) or Associated Issue(s) In every company, it is the responsibility
A general description of the organization and its history Apple Computers was formed in 1976 in Cupertino, California by fellow workers Jobs, Steve Wozniak and Ronald Wayne. Through the following decade the company went from strength to extent, contending with opponent organization Microsoft for a share of the PC market. Apple best known items incorporate the Macintosh line of PCs, the ipod, the iphone and ipad. In 1985, Jobs was pushed out of the organization after pressures amongst him and CEO John Sculley approached their peak. The following decade demonstrated troublesome for apple however, with decrease profits and record stock lows, Jobs came back to the overlap in 1997, setting the phase for maybe the best 'second act' anybody could
Someone had to save the company by making a huge turnaround strategy. The company was counting on the sales of Macintosh, but it could not compete with cheaper Microsoft PCs, and wide-spread dominating operating system Windows. Sales were down; the company losing its market share, and Steve jobs was kicked out of the company. The new CEO took a desperate measure and brought Steve Jobs to save the company. Jobs saved the company by executing a turnaround strategy that included: taking a $150 million cash infusion from rival Microsoft in exchange for rights to ship Microsoft Office and Internet Explorer on the Macintosh, turning away from Apple’s failing original vision of a computer-only company and began creating the cornerstone of the turnaround iMacs, iPods, and iPhones, and finally, when conventional wisdom suggested shedding real estate, not acquiring it, Jobs opened Apple Stores putting his products front and center.
Based on my research show that now the Apple company product which is Mac still in the question mark stage because of the market share is still not stable in a time and also the potential of the Mac haven’t get verify. Next iPad, iPad is unexpected moving into the stars stage area. Compare between with Mac those consumer is pushing away Mac and attract by iPad, just because the iPad is user friendly and the price is more acceptable for those consumer. The next is cash cow stage area which are the stage iPhone and iPod stay in, after product iPhone and iPod is introduced become popular in the whole world. Last is Apple TV, after the question mark stage straight drop to dogs because of the expectation from the customer to the Apple TV, but the result show Apple TV are not acceptable by customer because of prices are not suitable and the MacOS system work in the TV is complicate
I say this because the CEO of Home Depot performed poorly in one aspect so the means to measure his success were changed to reflect the accomplishments from a different perspective. Alan Murray in the Wall Street Journal said “Take the case of Home Depot CEO Robert Nardelli, quickly becoming a favorite target of critics of excessive pay. A footnote in his company's 2004 proxy statement says his long-term incentive pay will be calculated by looking at "total return to shareholders over the three-year performance period" and comparing that to "an established peer group of retailers." By that measure, he has bombed. Home Depot's stock has fallen since he took over in December 2000; meanwhile, rival Lowe's shares have soared.
In the interview, he stated that Innovation was the only way out of the crisis that Apple had found themselves in for quite some time. Steve Jobs gradually began to change the bad financial situation in 1998 when he regularly liquidated projects he did not find sustainable. In the same period, rumors among the employees occurred, after a couple of incidents in the elevator where Steve Jobs had liquidated projects and fired people based on a talk about them and the project they were working on. For Steve Jobs it was all about dropping costly and pointless projects, which Apple had assumed under changing directors, and instead focusing on the innovative and visionary. I would classify this kind of leadership as authoritarian.
SWOT analysis tool can analysis Apple Inc.’s internal environment. It shows the greatest advantage that allows companies to stand in the market and confront the threats of other competitors. 1. Strengths - Strong brand image Being a leadership position in the electronics industry that requires the brand equity to be high. The value of Apple Inc. brand appraised at the US $118.9 billion in 2015.
Meanwhile, Jobs was the mastermind behind Apple Inc. as he was the Chief Executive Officer (CEO), a top manager of Apple Inc. He has to make wide decisions to accomplish his goals, “Computer for the Rest of Us” by establishing them and executing them. That is why, as a manager according to the Mintzberg, plays many roles which include interpersonal, informational and decisional roles. For interpersonal role, we know very well Steve Jobs
For example, when the upper management for Gray Electric decided that producing cell phones would only hurt their landline phone sales. At the end, they realized that sales of their landline phones were decreasing every year. So, they began produce a new cell phone. Q 4) Discuss the short-term and long-term impact of Steve Jobs' death on Apple's corporate culture. What, if anything, regarding corporate culture should be taken into consideration when designing an organization's succession plan(s)?