Executive Summary
3
Part One – Critically Evaluate the Key Features of Apple’s Industry
5
Part Two – Discuss how Leadership in Apple Influenced Strategic Innovation
8
Part Three – Critically assess Steve Jobs as a strategic leader at Apple
12
Conclusions
15
Appendices
17
References
20
2
Executive Summary
“Increasingly, though, we live in an irregular world, where irregular people take advantage of irregular events and use irregular means to produce irregular products that yield irregular profits.” – The Future of
Management: Gary Hamel; Bill Breen, 2007.
During his time as CEO of Apple, Steve Jobs displayed the attributes outlined in many leadership theories. In some ways he was charismatic, powerful, supportive, flexible and indeed, transformational. However, in others, he was directive, dictatorial and also used reward and punishment techniques to inspire his followers and to propel the organisation to become one of the leading companies in the world today. [Forbes, 2011]
The case study – Strategic Leadership and Innovation at Apple Inc – by Professor Loizos Heracleous and Angeliki Papachroni, which we have been asked to focus on for the purposes of this assignment, demonstrates quite clearly the fluctuating fortunes of the company when Jobs was in a leading role within the organisation and when he parted ways with the company for a period of 12 years (1985-1997). The difference in the direction of the business, not to mention its value and profitability, is quite remarkable. We have discussed this further in section 3 (See page 12).
We have also looked closely at other players in the industry and identified key features that each stakeholder must contend with if they are to continue to succeed. One of the more interesting points in this regard is how adaptable each of the organisations discussed within the case study has become and how individual leaders have embraced change
References: Adner, R. (2012) Amazon vs. Apple: Competing Ecosystem Strategies. HBR Blog Network, [blog] March 19, 2012, Available at: http://blogs.hbr.org/cs/2012/03/amazon_vs_apple_competing_ecos.html [Accessed: March 21, 2012]. Apple (2012) Apple Corporate Information, [online] Available at: http://investor.apple.com/fag.cfm?FaqSetlD=6 [Accessed: 24th March 2012] Balakrishnan Nair, D Balgoun, J. and Hailey, H. (2004) Exploring Strategic Change. 2nd ed. Harlow: Pearson Education. Barnard, C. (1952) A Definition of Authority. In R.K. Merton, A.P. Gray, B. Hockey & H.C. Selven (Eds), Reader in bureaucracy. New York: Fress Press. Bass, B. (1985) Leadership and performance beyond expectations. Vol 12. April 1985. Free Press Bennis, W Bloomberg Businessweek (2010) Apple Inc. - Timothy D. Cook. [online] [Accessed: 8/4/2012]. Bloomberg Businessweek (2012) Virginia M. Rometty . [online] [Accessed: 8/4/2012]. Bloomberg Businessweek Technology (2012) Larry Page. [online] [Accessed: 8/4/2012]. Bloomsberg Businessweek (2012) Steve A. Ballmer. [online] [Accessed: 8/4/2012]. Cusumano, M. (2011) The Legacy of Steve Jobs. Communications of the ACM, 54 (12), p.26-28. Datamonitor (2011) Apple Inc. Company Profile. Datamonitor, p.2-9. Dunphy, D. and Stace, D. (1993) The Strategic Management of Corporate Change. New South Wales: Sage Publications, p.908. EDU in Review (2010) Mark Zuckerberg 's Educational Background. [online] [Accessed: 8/4/2012]. 21 Fastcompany.com (2011) The Great Tech War Of 2012 | Fast Company. [online] Available at: http://www.fastcompany.com/magazine/160/tech-wars-2012-amazonapple-google-facebook [Accessed: 21 March 2012]. Finkle, T. and Mallin, M. (2010) Steve Jobs and Apple, Inc. Journal of the International Academy for Case Studies, 16 (7), p.31-40. Finnie, S. (2011) Steve Jobs Indelible Mark. Computerworld, 45 (19), p.40. Fisher, D. (2011) Buy Apple and Aetna. Forbes, p.56-58. Forbes (2012) Jeff Bezos. [online] [Accessed: 8/4/2012]. Fortune (2004) The Education of Michael Dell. [online] [Accessed: 8/4/2012]. Grossman, L. (2005) How Apple Does It. Time, 166 (17), p.66-70. Grossman et al. (2005) How Apple does it. ASC, 166 (17). Gary Hamel; Bill Breen (2007) The Future Of Management; Harvard Business School, p.153. Helft, M. (2011) Steve Jobs ' Real Legacy: Apple Inc. Fortune, 164 (5), p.59-65. Heracleous, L. and Papachroni, A. (2009) Strategic Leadership and Innovation at Apple Inc. Warwick Business School. Horgan, R. et al. (1994) What we know about personality: Leadership and effectiveness. American Psychologist, 49, p.493-504. House, R. (1971) A Path-Goal Theory of Leader Effectiveness. Administrative Science Quarterly, 16. p.321-339. Insidecrm (2009) 11 Effective Strategies Apple Uses to Create Loyal Customers. [online] Available at: www.insidecrm.com/features/strategies-apple-loyal-customers/ [Accessed: 25th March 2012]. Jeroen P.J. (2007),"How leaders