Friday, October 7, 2011
Apple's New Age
The major news of the past few days has been the premature passing of Steve Jobs. I have found this extra interesting considering the case study we did of Apple a week or so ago. It led me to think about what is going to happen to Apple now that Mr. Jobs has died. Last time he wasn't in control it almost led to the demise of the company. However, I found it interesting to see that Apple believes they have done a good job laying a good foundation for the future. It made me think about what Good To Great talks about in having leaders that can build good foundations. I read two articles in the Wall Street Journal, " Apple Fights On Without Muse" and "Apple Game Plan: Avoid Cultural Shock". Both of these articles try to look at the future of this giant company and analysis their future. Some of the things that the company is trying to do to keep the spirit of Jobs in the company is to create an "Apple University", keep the top executives there longer, and give incentives to leaders. Steve Jobs did an excellent job building a culture of growth and expectations. It appears he has taken the necessary steps to allow the company to flourish, however, only time will tell. Stocks fell following the announcment of his death and also a lackluster media showing when many believed the IPhone 5 was coming out. However, it seems they can rebound from this.
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