Wednesday, January 30, 2019
Appleââ¬â¢s Competitive Advantage Clearly Lies
orchard apple trees private-enterprise(a) advantage neatenly lies in its organizational culture. besides the leadership for maintaining the specific cultural orientation comes from Steve Jobs vision of the future direction of product development. Without his leadership, the gild might not be in a stake to develop products that will render the market.This has been the core competency of the lodge. By transforming the market dynamics, the social club has managed to create a market leadership position. Therefore new product development has been the captious success factor at Apple and the guiding force buttocks the success of this strategy has been Steve Jobs vision.Once he relinquishes his position, it is not clear whether Apple would be able to maintain its competitive advantage. In this respect, the issues of successiveness planning become relevant. If Apple is to make its competitive advantage sustainable, thusly it would have to develop the necessary kind capital t hat would maintain the companys urge in new product development.According to Michael Porters framework for strategy formulation, a business organization has three strategies at its disposal for developing a competitive advantage differentiation, cost minimisation and quick response.The problem with these strategies is that they cannot lead to the development of a sustainable competitive advantage because they can be easily copied by competitor organizations.However when it comes to the competitive advantage rooted in the organizational culture, then it becomes sustainable because the organizational culture in each company is unique, wherefore the best practices in this regard may not be immediately transferable.This unique organizational culture at Apple has been created by Steve Jobs vision for the continuous melioration process. Essenti exclusivelyy he is implementing the strategy of differentiation through a continuous process of new product development.However it is his lead ership which facilitates the continuous process of managing agitate which new product development entails. Therefore whether the company would survive Steve Jobs diversion is a valid question.The general public is understandably of the opinion that Apple will lose its competitive advantage once Jobs no long provides the creative force. The sh ar prices of the company fluctuate depending on the health creator of the CEO. In order to boost public confidence, the management of the company should clearly develop its internal resources so that dependence on Steve Jobs leadership may be slowly diminished.However no matter how much of strategic human resource management the company practices, its glory days may be gone with the departure of Steve Jobs. His vision guided the product development strategies of the company and they were the core competencies of the company.Once this mental connect with the market is no longer there, the company may no longer be in a position to develop pro ducts that will draw an enthusiastic response from the market. Apples competitive advantage is based on reshaping markets and rethinking products to the core. The implementation of both these strategies has been set by Steve Jobs vision.The critical need for Apple at the moment is to put up a rigorous process of succession planning. The company needs to enkindle manpower from external sources in order to maintain the innovative essence of the company. The most important strategy for the company is to maintain the strategy of differentiation. However the innovative cultural orientation must be maintained.The management should therefore develop human capital accordingly. Employees must be made to manipulate how their work links to the strategic focus of the company, so that they can be involved in the new product development process. In this respect, the importance of creative thinking must be stressed at all times.In this respect, the management has to invest in training and de velopment programs. Once the employees are involved in the decision making process, it will be enriched and as a result, the company will be able to maintain its momentum in continuing to develop revolutionary products.Dess, Gregory G., et al. (2007). Strategic Management Creating hawkish Advantage. McGraw Hill/Irwin.
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