Friday, June 7, 2019
Jobsââ¬â¢ Passing Will Have No Effect on Appleââ¬â¢s Trajectory Essay Example for Free
Jobs Passing Will Have No Effect on apples Trajectory EssayRemembering that Ill be dead soon is the most important tool Ive ever encountered to help me make the big choices in life Steve Jobs, 2005 Stanford Commencement Ceremony The domain of a function lost a luminary when Steve Jobs died on October 5, 2011. Jobs was a visionary drawing card and is often credited for Apples amazing turnaround in the mid-nineties. For many a nonher(prenominal) years, the world perceived Jobs and Apple as integrally linked. As a result, consumers and investors now question Apples future and worry that the ships company corporationnot put up without Jobs. Since Jobs passing, Tim Cook has been projected to continue Apples success. While Apple could potentially suffer long-term consequences from this switch, the more probable alternative is that the company will boom because Cook is stronger leader than Jobs and can elevate Apple to a 10x level. Leadership DNA and the Collins 10X characteris ticsVital characteristics of a Level 5 leader embarrass a strong belief in perception, extreme perseverance towards vision, and empathy for police squad members by relying on emotional tidings. While Jobs succeeded in many of these areas, he did not possess the entire package of leadership skills. Jobs was widely quoted for saying, Most important, have the courage to follow your heart and intuition. This persevering attitude and strong sense of intuition helped make Apple the successful company that it is today. But Jobs was also known for showing little concern for the emotional needs of team members. According to Fortune, he was considered one of Silicon Valleys leading egomaniacs. This lack of empathy prevented Jobs from being a Level 5 leader. According to Collins, the leaders who run 10x companies display extreme consistency of motion with values, goals, performance standards and methods Jobs definitely fit these criteria and was known for being fanatical about discipline. He maintained the highest performance standards, which haveed him to push Apple to innovate on a constant basis. In addition, Jobs demonstrated both productive paranoia and empirical creativity throughout much of his career. He worked tirelessly with his product development teams. Whether it was the release of the Apple IIe or the release of the iPad, Jobs always obsessed over every detail of the projects and demanded that Apple release only the finest products. Jobs saw market opportunities in many unlike avenues and pioneered the idea of the Apple Store. His extreme attention to detail required him to oversee every nuisance of a project. However, discipline and vision are not affluent to create a 10x company.According to Collins, 10x companies require more than ambitious goals and determination. 10X organizations require Level 5 leaders who are able to put all their hotness and ambition into a cause or company larger than themselves. Jobs motivation was grounded in egotism and personal aggrandizement, and he was more concerned with putting a dent in the universe than building an organization bigger than himself. Jobs was never able to elevate Apple to a 10x organizational because he was never a Level 5 leader. As a result, Tim Cook, a potential Level 5 leader, has an opportunity to test his skills and raise Apple to an organizational level that Jobs could never achieve. Tim Cooks LeadershipTim Cook has demonstrated multiple characteristics of a Level 5 leader. We believe Apple will be in a better mail service for sustained success under Cooks leadership. Cook was recruited out of Compaq (Level 1 Leadership) to Apple in 1998 with a mandate to clean up the terrible state of Apples manufacturing, distribution, and supply apparatus. Cooks leadership on this crucial transition was exemplary. He demands the highest work product from himself and his employees (Level 4 Leadership). In addition, Cook can effectively manage individuals (Level 3 Leadership) and on e key to his success as COO at Apple was his reliance on a tight-knit team of operations executives who have been with him since he joined the company. Cook has steadily been increasing his responsibilities since 2000, actively contributing to many different areas of the company (Level 2 Leadership).Even though Tim Cook has been a CEO only for a short time, he has shown himself to be a potential Level 5 leader. Unlike Jobs, Cook takes on a humble leadership style. Cook is modest and does not crave the spotlight. He also accepts responsibility and admits Apples mistakes. In fact, Cook is automatic to take ownership of errors made by the company, even when he could have blamed it on his employees. Also, Tim Cook has clearly demonstrated his willingness to communicate with investors and employees. This was a task that Jobs frequently struggled with as he had a tendency to keep tight reins on company information. In contrast to Jobs, Cook possesses humility, modesty, openness to commun ication skills, which allow him to trust his workforce and build a company that is bigger than himself. This skillset provides a strong foundation for a Level 5 leader. ConclusionSteve Jobs was an innovative leader however, he did not achieve the status of a Level 5 leader. As a result, Jobs did not elevate apple to a 10x level. Jobs lacked humility, modesty, emotional intelligence and respect for others, which are crucial for a Level 5 leader. However, Tim Cook seems to garner all of these qualities. In the long run, stock prices are a rumination of trust in the growth of the company and the leadership team. We believe that Cooks team is at a much better position to conduct the Apple legacy forward than it was under Jobs. Therefore, Jobs passing will have no long-term effects on Apples trajectory and the company now has a better chance to reach a 10x level. 1 . http//news.stanford.edu/news/2005/june15/jobs-061505.html 2 . Id. 3 . http//archive.is/20120604/http//money.cnn.com/mag azines/fortune/fortune_archive/2007/03/19/8402325/index.htm 4 . Collins groovy by Choice Page 36 5 . Collins Great by Choice Page 37 6 . http//money.cnn.com/2008/11/09/technology/cook_apple.fortune/index.htm, pp. 1 7 . http//money.cnn.com/2008/11/09/technology/cook_apple.fortune/index.htm, pp. 2 8 . http//articles.washingtonpost.com/2012-10-31/national/35500675_1_john-browett-scott-forstall-craig-federighi 9 . http//www.usatoday.com/story/tech/2012/10/04/steve-jobs-apple-year-later/1577271/ 10 . http//articles.washingtonpost.com/2012-10-31/national/35500675_1_john-browett-scott-forstall-craig-federighi 11 .
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