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Organization's Innovative Culture (Apple Inc.)
Achievement of success for any company is attained by the level of innovative products and services it produces. This is achieved by relentless investment in the research and development department. Innovation increases the number of customers and also the loyalty of the customers. Apple Company is well renowned for its innovation and continuous unveiling of innovative products and services.
Organization
Different from majority of the other organizations and companies, Apple Inc. does not have a published vision statement. However, the organization's vision statement is conveyed to the public by its leaders. This is completely dissimilar from any other company. However, this can be deemed to be radical and avant-garde, meaning that the vision of the company is changing at all times which might be perceived as a significant aspect as the global technological world today keeps changing. The mission statement of Apple Inc. states that "Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad" (Apple Inc. website). The business strategies of the company are indeed aligned to the mission...
This can be seen by the constant innovation of products almost every year. For instance, Apple recently unveiled its latest smartphone iPhone 5S and is in the preparation of unveiling iPhone 6 in the forthcoming. The company has also involved itself with iCloud, which is yet another innovative product (Zylla-Woellner, 2010).
Resource and Competencies
The main organizational competency of Apple Inc. is an experienced set of management who steer the organization to success. The decision-making authority is centralized around the executive team which helps in the designing of the products of the team and the decision making of the company. The company has a central executive committee which has great cooperation and works tirelessly in the designing of the products of the company and makes the major decisions that are needed for the company (O'Grady, 2009). The decision-making authority is centralized around the executive team which helps in the designing of the products of the team and the decision making of the company. The company is organized on the basis of projects and also geography. For example, it can be structured to be an iPhone marketing project in India. Innovation and an experienced top level management are the core competencies of the company. These two help in the creation and designing of the software and hardware of the company which are the main driving forces of Apple Inc. The level…
References
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O'Grady, J. (2009). Apple Inc. Westport: Greenwood Publishing Press.
Sadler, P. (1993). Strategic Management. London: Konan Page Limited.
Schmitz, H. (2005). Value Chain Analysis for Policy-makers and Practitioners. Geneva: International Labour Organization.
Apple Inc. The Apple II Company Background Mission & Vision Apple's Five Force Model Current Rivalry Threat of New Entrants Bargaining Power of Suppliers Bargaining Power of Buyers Threat of Substitute Products Apple Inc. is the world's most formidable company. The company has grown to become one the world's most admirable companies through a deep dedication to innovation. The strategy in the last decade has revolved around the "digital hub" strategy that places the computer in the center of a
Table 2: Distribution of Revenue by Product Area Source: (Apple Investor Relations, 2008) (Prudential Equity Group LLC, 2006) Planning The cornerstone of Apple's planning processes is the continual development of products and services that compliment the product and services ecosystem shown in Figure 1 (Apple Investor Relations, 2008) (Prudential Equity Group LLC, 2006). Figure 1: Apple Product and Services Ecosystem Source: (Apple Investor Relations, 2008) (Prudential Equity Group LLC, 2006) For Apple, their future planning revolves
One wrong decision can destroy years of hard work and requires years to recover. Failures to innovate come in two forms: failures of imagination and failures to execute (Govindarajan and Trimble 2010). With certainty, investors want growth, growth, and more growth. To achieve this, Apple strives to infuse creative thinking in its innovations, and it must deliver products and services fast enough or risk losing market share. Infrastructure Steve Jobs made
Apple Inc. Globalization initiatives have contributed to the need for many companies across the globe to expand their businesses beyond the local or domestic markets. The focus of this article is to analyze Apple, Inc., an American multinational that operates in several countries in the world. It begins with an analysis of the strategies for competing in international markets and how the firm is organized to gain regional or global
Organizational behavior is a study that encompasses the examination and analysis of the influence that persons, groups, and structure have on behavior within organizations with the main intent of employing such understanding on behavior so as to make organizations function in a more effective manner. In other words, it is the analysis of what individuals undertake in an organization and how their behavior has an influence on the performance of
74 and a cash ratio of 2.03. Apple has no long-term debt and a 2-to-1 debt ratio (MSN Moneycentral, 2010). Apple has relatively few weaknesses. The company's emphasis on software, marketing and design has left it with a weakness in hardware. Apple products do not have the superior lifespans one would expect from a product commanding a premium price tag. Another weakness is the dependence on leadership. Apple without Steve Jobs simply