Submitted by: Submitted by liyuncca
Views: 1568
Words: 1783
Pages: 8
Category: Business and Industry
Date Submitted: 03/28/2011 10:05 PM
1. How well has Steve Jobs done as Apple’s CEO? Has he done a good job of performing the five tasks of strategic management discussed in Chapter 2? Why or why not? What grade would you give him?
Steve Jobs has done an amazing job of performing the five tasks of strategic management. I would give him an A. Under his leadership, Apple has not only turned continuous loss to profit, but became a major player in both MP3 player industry and computer industry. Jobs and his management team have a clear vision and objectives for Apple at all organizational levels.
Developing a strategic vision
Introducing innovative, high-quality consumer electronics to the masses” and “impressive performance and leadership in innovation into the future”
Core Value
* Innovation
* Top-notch quality
* Easy to use
* seamless integration
Setting objectives
* Short term: Turn around Apple financially
* Long-term : Become a market leader in consumer electronics
Objectives at all levels
* Finance
* Production R&D
* Marketing
* Distribution
* Technology
* C/S
Crafting a Strategy
Corporate Strategy
Emphasis on R&D and strategic acquisition to grow
Business Strategy
Leverage its unique ability to provide customers with easy-of-use, seamless integration, and innovative products and services
Strategy at all levels
* Finance
* Production R&D
* Marketing
* Distribution
* Technology
* C/S
Implementing the Strategy
Short-term:
Corporate Governance
New board of directors
Marketing: Aggressive advertising campaign
Strategic Alliance with Microsoft
Distribution: Ended licensing agreement and started direct to consumers over the web and by phone
Monitoring, evaluating, and making correction
Long Term:
Corporate Governance
Structural changes to ridding unprofitable segments
Production Innovation
Position iMac in lower-end market; iPod, iTunes, iPhone, iPad...