There is no one correct way to run a company. Steve Jobs is a very special person. There are a lot of things we all could learn from him. Saw this in a summary of the things he did which was unusual in running the company that now has the largest market cap after Exxon. My comments in colour:1) Partner with the enemy                    Can  you imagine Pepsi and Coca-Cola getting together? Or Verizon and   AT&T? That's how strange it was when Apple and Microsoft announced   their partnership at the 1997 Macworld Expo.  After 12 years of financial loss, Jobs needed to get Apple money, and   quickly. So he turned to Bill Gates, who made a $150 million  investment  in Apple.
 "The era of competition between Apple and Microsoft is over as far as I'm concerned," Jobs said.   "This is about getting Apple healthy, this is about Apple being able  to  make incredibly great contributions to the industry and to prosper   again.”
2) Put sex in products                    A great salesman, Jobs knew the importance of aesthetics; he realized Apple's products looked dated.  In 1998, Jobs called a meeting at Apple, sat everyone down and said,   "You know what's wrong with this company? The products SUCK -- there's   no sex in them."
 Today, Apple is credited for creating the most beautiful technology, from colorful iMacs to sleek iPads.
I don't think its sex but sexy. Macs beautiful design lines, same with the Iphones, they are sexy.
3) Change the original vision and business plan                    Apple began as a computer-only company, but Jobs knew it needed to broaden its approach if it wanted to become truly successful.  Apple began expanding its products beyond just computers with the  release of Final Cut Pro, followed by MP3 players, music, iPhones and  iPads.
 Jobs changed the company's name from Apple Computer, Inc. to Apple Inc. in 2007 to symbolize the new, broader vision. 
Other retailers were not giving Apple products adequate positioning.  Jobs' solution? The Apple Store. Scattered throughout the world, these successful outlets are now the "darlings of the retail computer industry". 
Well, not every company can do that  if they do not yet have a range of desirable products. Sometimes, we  can still change the way we distribute our products, our channels, are  we bound by old trusted relationships which may not be so effective now.
5) Tell customers what they want instead of asking for feedback                  Jobs does not use focus groups. Instead, he tells customers what they want before they know they want it.  "[Apple has] a great track record for making you want -- and buy -- things you thought you didn't need," says Carl Howe,  director of consumer research for Yankee Group. Last year when the iPad was announced, people gawked. Nearly 20 million sales later,  it's not so funny.
6) Connect dots                           Apple  releases products that are innovative in and of themselves, but  they  are also integrated visions.  iPods mesh beautifully with iTunes;  iPads  and iPhones collaborate with the app store. According to Jobs,  "creativity is just connecting things."  Apple frequently shows how the sum is greater than all of the parts.
7) Don't hire cookie cutter employees                           Ivy league graduates aren't the only people who can run companies.  "Part of what made the Macintosh great was that the people working on   it were musicians, and poets, and artists, and zoologists, and   historians who also happened to be the best computer scientists in the   world," Jobs said. 
8) Encourage others to think differently                           Apples' "Think Different"  ad campaign in the late 1990's was one of the most effective of all time. It stimulated innovation and reinvention, which is what Apple, today, is all about.
9) Don't elaborate
                             Simplicity is bliss.  Apple's designer Johnathan Ives confirms this strategy:    "We are absolutely consumed by trying to develop a solution that is   very simple, because as physical beings we understand clarity."
10) Sell dreams, not products
                  
 Jobs gets people hooked on a feeling. It's not the products his customers buy, it's what the products represent. Remember, people first and foremost care about themselves, so make products they can relate to.
11) Trust your gut                             Steve  Jobs said in his Stanford commencement speech: "Have the courage  to  follow your heart and your intuition. They somehow already know what   you truly want to become."
 
4 comments:
Thanks for this, Dali. Quality blog here.
Thanks for the very interesting sharing. :)
Is there any good and accurate autobiography about this great great man out there?
hi there, i ve been following your blog for some time now.
They are very original and new in the sense that one can tell this kind of material is definitely not from textbook, but rather from experience. Keep them coming :)
I also blog - do drop by www.dimpledbrain.com I am certain we can learn more from one another.
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