From its start-up until the present, Apple’s corporate structure hasn’t changed a lot. Before his death, Steve Jobs was the one to make the calls regarding all the decisions; everything had to be passed through him. The company’s decision making processes were and still are centralized, in which the CEO makes all the decisions but it is incorporating more of a collaborative approach. The company is doing so by encouraging its hardware and software teams to collaborate. This approach however, never existed when Jobs was the CEO. Apple is considered a centralized company because it makes high capital investments that encourage centralization. It is highly competitive, offers high technology products, has a homogeneous product line, low product diversification, and has a lot of experience doing international business. Furthermore, it is organized on different basis; functional, divisional and geographical. Its functional structure is that the innovations and visions essentially come from top management and flow down the organization. Top management includes the board of directors in which they oversee and ensure that shareholders’ interests are being served for a long-term. Also, its functional structure is departmentalized and includes marketing, engineering, manufacturing, financing, IT, research and development. Its divisional functions include the products the company is offering, the market it is operating in and geographical areas. Apple has four product categories; the
Apple is a global company represented in many parts of the world, but born in the United States by computer wizards by the names of Steve Jobs and Steve Wozniak who founded the company back in 1976 (Capon, 2008). The organization deals with the design and sale of computer hardware, software and offers tech support to its customers. Examples of the hardware the company manufactures and sells include mobile phones, personal computers, iPads, tablets and iTunes with associated brands, like the MacBook and iPhones that represent Apple’s driving force towards its success. It is recognized as a brand leader in consumer electronics by the world in terms of quality and customer satisfaction and despite the wide product range, Apple manages each product in a distinct way that is a single business unit (Mittan, 2010).
Apple has prospered internally and it is necessary to consider both strengths and weaknesses. Apple has lots of strengths, the major of them being it’s impressive brand reputation, Apple managed to position the brand as “premium products” for “elite” people. Customers are loyal and tend to stay in Apple’s ecosystem. Apple’s self-reinforcing ecosystem, it has a diverse ecosystem which integrates various hardware and software products into one large interactive space. Status of top innovator, Apple is perceived as the leading innovator and its products are highly anticipated. Apple’s very strong financial performance, high profit margins and very high liquidity. It’s network of retail stores, high-quality customer service helps to create advanced user experience. A powerful marketing strategy, Apple’s team masterly uses various marketing techniques to create a hype for their products and to strengthen the brand.
World leading corporations and tech companies are operating in the United States of America. Since 2010, Apple has been one of the most valuable among other companies in the world. When people hear Apple, they imagine Iphone or Macbook and other gadgets of Apple Company, not a fruit. World number one Supply chain company for past 7 years. Apple runs their products successfully in the market since they launched iPod on October 23, 2001. Only 14 years have passed and now Apple has a huge amount of manufacturing. Different types and variety of product. All of this 14 years Tim Cook was in charge of operating management and supply chain, he played a key role in Apple’s success. How
However, they may face the limitation on the firms’ development. Apple is based on a hybrid hierarchical structure (mixed with other organizational structures (Meyer, 2015). Meyer (2015) depicts that companies’ main framework is based on innovation and the leadership of Steve Jobs but for that type of leadership only works if the structure allows it to do so. Due to leadership change to Tim Cook, there are some changes made in the organizational structure in order to suit the market and its demands (Meyer, 2015). Despite the leadership change in Apple Inc. it may well enhance Apple’s capabilities will grow rapidly in creative and design (Meyer, 2015).
Apple Inc. is a global computer manufacturing company that is going through major changes in its organizational culture and it’s organizational structure due to several events of the past few years.(Apple is going through major restructuring to regain control of its operations and finances in order to stay competitive on the global market. .
Apple Incorporation is a multinational company that deals with technological products and is found in the United States. The company creates communication devices, consumer products, and entertainment products for example iPad, iPhone, and iPod. Apple Incorporation was launched in 1976 and has its headquarters in Cupertino, California. Steve Jobs, Ronald Wayne, and Steve Wozniak were the founders of the company (DuBrin, 2012). Apple Incorporation is the second largest company in the world that deals with information technology. It operates in more than fifteen countries and has multiple retail stores that rely on an estimate of 72,800 employees who are employed in a full-time capacity.
Apple’s core business was computers and even though they had new products like iPod, iPad, and iPhone which would out sale their computers per Gamble & Thompson (2010). But Apple’s strategic plan was to venture and improve all over their markets especially the computers. Because the computers started the business and was the reason why they had been in business functioning on its own
Throughout history there have been many successful companies as well as companies that have been a debacle. The success of the company has to do with the management and how it executes its strategy. If the management is ineffective, the company will most likely fail; however, if the company has good management it is more likely to prosper. There are many responsibilities that a manager must complete, chief among them are the four functions of management are planning, organizing, leading, and controlling (PowerPoint). In order for the company to be successful the management must fulfill all four functions. In some case not all four functions are met to expectation, with the results that the company to be not as successful as it could be if they
Standing behind Board of Director, like other companies, Apple has CFO, COO, Legal, Operations, Retails, Product Marketing and Global Communication. Besides, Apple is also structured by specialized departments such as Design, Hardware, iOS Software, Software Engineering. Apple is considered as an organizational hierarchy.
What the structure of apple company is customized management institution,the ice of bureaucratic hurdles was broken by this creative simplifies structure. It is the creative culture that Apple Company has launched the new technology new products come out every year.
This report is based on the case study 'Apple Inc. 's Corporate Culture: The Good the Bad and the Ugly '. The report tried to investigate and find out what is good and what is detrimental to the organisational culture in terms of Human Resource strategy and practice in Apple Inc. The conceptual investigation was totally focused on Human Resource Management perspective issues of Apple, though the case study has included wide areas of analysis including Apple 's operations, marketing, accounts etc.
In our everyday lives, communication is very important in human interaction and is a quintessential element in building relationships. Same rules apply in the corporate world. An organisation must be able to communicate effectively to its concerned parties; this is known as corporate communication.
The Apple Company satisfies most of its employees using its comprehensive compensation plan that includes all workers irrespective of their positions. To start with, it is among the most profitable companies in the world and it focuses on the manufacturing and designing of software and electronics. Additionally, its most popular hardware devices are iPod, Mac Book, iMac, and iPhone, which make significant contributions to the company’s profits. The software devices that it manufactures are iTunes, audio tools, Mac Os X operating system, Final cut studio, and the logic studio. The combination of the software and hardware results in some of the most valuable and efficient electronic devices that serve multiple functions, increase the demand for the products, and answers the question of why it owns more than 250 retail shops in 10 countries. To remain the leading business in the production of electronic devices, the Apple Company invests billions of dollars in compensating employees since they play a vital role in stimulating the company’s growth. Besides, it provides bonuses and benefits aimed at making their lives comfortable when working at the company, after termination, and retirement. The compensation plan also covers health issues that standout when compared to health covers in companies such as Google. Evaluating the compensation plans against employee and consumer satisfaction is crucial when measuring the plan’s usefulness.
This research paper is about Apple Inc. Apple Inc. is a 39-year-old American information technology company selling consumer electronics like phones, Computers, tablets etc. It is a company of innovation by Steve Jobs, Ronald Wayne and Steve Wozniak ,which has completely changed the world. It is currently the world’s second largest IT Company after Samsung and is first in the United States according to the value, which is over $700 billion.
Apple Inc. is the most revered corporation of the USA, both in terms of brand equity and market capitalization. The company’s international competitive strategy is focused on the innovative product development, which Apple controls through its eight business segments: Portables, Desktops, iPads, iPhones, Music related products and services, peripherals and hardware (Lam et al. 2005).