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Apples Approach Toward Innovation

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website:http://www.grin.com/en/e-book/167838/apple-s-approach-towards-innovation-and-creativity

title: apples approach toward innovation and creativity

author: Christoph Müller Rexter Sengah

year: 2010

pages :14

ISBN (eBook) 978-3-640-84770-9

ISBN (Book) 978-3-640-84391-6

Excerpt

Jobs who was ousted in 1985 was able to turn around the ailing company when he came back in 1997. Today, Apple is not only considered the most innovative company in the world, but also the most admired (BusinessWeek, 2009), (Fortune, 2009). But what is Steve Job’s secret formula of success? What has made Apple so successful? According to Research & Markets, as cited by Gene Quinn (2010),“Apple has managed to sustain its innovation efforts with calculated, consistent increases in R&D spending and rapid-fire launches of new products and upgrades. What lies behind Apple’s success is not luck - the company has very deliberately focused its efforts on generating better ideas faster.”

It is quite clear that innovation and creativity are the major drivers of Apple’s prosperity. But being innovative and creative is easier said than done. There are many aspects which need to be taken into account. What is key here is that the times where employees were seen as cogs in a machine have gone. Many studies have shown that there is a significant correlation between the management of people and organisational success. Per se, all people are endowed with the ability to solve complex problems and adapt to a changing environment (Tidd and Bessand, 2009, p. 99). But in order to make use of the inherent potential of employees and effectively foster innovation, companies need to adopt an enlightened approach and effectively deal with the people involved in order to become a truly innovative and creative organisation. Tidd and Bessand (2009, p. 100) perfectly

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