Furthermore, this section also proposes an appropriate strategy for the company to use for its future expansion projects. A very important fact about Apple products today is that these products are globally spread. Employees are encouraged to learn on the job. Their vision called the Formula for Success included: reorganization, financial success, target internal communications, and to integrate system of strategic, operational, and financial indicators. An aspirational framework for strategic human resource management.
It provides different services to the customer through its Apple Store online, App Store, iTunes Store, iBook and MobileMe. Internal Environment of Apple Inc. Turnaround strategy involves an organization backing out of an earlier strategic decision in order to reverse the process of decline in the company. By being more transparent and improving qualitative research, Apple can continue to create innovative products despite the passing of Steve Jobs. Jobs did not only take a forceful lead in marketing Apple products, but also was the main force behind the creation of new products in the market. Also feasibility is measured whether strategy could work with in practice. The company requires employees who are hard working and committed to the activities of the enterprise.
One of the biggest questions that must be addressed, is will this change align with the strategic goals of the company? By placing such products in the market, Apple Inc. Senior executives are responsible for the development and execution of the strategic plan even though they usually do not formulate or implement the entire plan Bateman, 2004. It provides an opportunity for training and development. Almost all iPhone users will buy another iPhone, says survey. Apple products are easy to use and carry around, majority of its products are light, small and very easy to carry around and it has a major advantage of product diversity, there is something for every one of all ages. This implies that these products have a higher demand in the market, but they bring in little returns for the business.
Finally, these all these strategy implementation processes are involved with initial start-up cost and Apple should allocate appropriate finances for these implementation activities. The company also embraces agility. Resource utilization and management provides organizations with the benefit of having a highly visual, intuitive and transparent resource overview. They are also given bonuses for working with experienced talents in the industry Grant, 2016. Product Apple offers premium products at premium prices while still maintaining large market share and high profit margins. I got an A and everyone was happy.
Publication Date: January 11, 2010 Apple Inc. In order to achieve this objective, this paper discusses different elements of strategic planning, the various issues involved in strategic planning, and different ways or techniques that organizations can use to organize and strategies effectively. It has become a product that defines one's identity in how they desire to be seen by society that is a person who is highly innovative, intelligent, stylish and apart of the in crowd. Apple uses a unique approach to assigning roles to different teams Grant, 2016. Stakeholder includes a whole array of parties, which are crucial for an organization. The increasing number of customers will help in the growth of the company. Brandon Burnette 6-21-2015 Apple Inc.
The key to successful implementation is to give the employee with enough resources and sensitive materials while empowering them to think outside of the previously established confines. Other Products and Services Desktops, Xserve, Notebooks. The recruitment process is designed in such a way that only employees who fit the organizational culture are hired. Conclusion In conclusion, it can be inferred that Apple Inc follows effective international strategies, market entry modes and perform effective international activities in overseas markets. In 2007, after thirty years, the organization changed its name from Apple Computer to Apple Inc. Too they will have to operate with a sense of no complacency and not let current success limit future potential. The strategic human resource management approach used by Apple Inc.
This is both a defensive and offensive move for Apple. If the entry of the product in the market is done when there is already much similar type of products in the market as a competitor. This is one of the most crucial factors in order to become and remain profitable and… 1810 Words 8 Pages Strategic Analysis of Apple Inc Introduction It is beyond all doubt that Apple Inc is one of the most successful and well-known companied all over the world nowadays. After this process, the suppliers are then scored within several individual categories including water usage, wastewater management, wastewater treatment facility operation, maintenance, performance, monitoring, storm water management and hazardous waste management. In a nutshell, strategic planning is a disciplined attempt to produce essential decisions and actions that guide and shape what an organization is, its activities and purpose of its existence, with a focus on the future. Apple is not interested in lowering up-front costs in order to drive products; instead their focus has been on providing the highest quality, most technologically innovative product possible.
Although Apple Inc has remained highly successful, it has continued to face stiff competition from rival technology companies like Nokia and Samsung. According to a Harris Poll report, Samsung now is even more popular than Apple among the American consumers, not saying about Asia Pacific region Mourdoukoutas, n. Other indicators include customer satisfaction and product quality which are used for forecasting revenue and profit growth. ? The human resource management of Apple Inc is charged with various responsibilities including recruitment and selection, leadership development, incentive compensation, employee development, and employee relations among others Storey, 2014. Last accessed 20th March 2012. Biz Brain is one of the most used online. Today, there is a necessity to know and understand the 'why' of business, because the 'why' enables the knowledge power to anticipate business opportunities and be proactive.
Consistent with the strategic plan, the company will be able to grow and succeed for the next three years if it intensifies on corporate social responsibility especially in developing nations, ensures product customization and ventures into the developing nations markets in order to boost sales revenues. Such expansion and business growth are achieved through intensive strategies for growth. Globally, the corporation has over 70, 000 full time permanent employees and around 3000 temporary employees. The scope of their strategy is broad targeting customers ranging from unsophisticated beginner users to specials needs power-users. The leadership of Apple devices especially in developing countries will indicate the success of this strategic plan. The program directs the following areas of concern: short-term goals, specific functional tactics, outsource nonessential functions, and plan an effective reward.