15 Questions You Need to Ask about Apple Inc.

Here are those 15 questions regarding Apple Inc. (as a start-up) that we (Billal Naeem, Osama Hafeez and I) tried to address and answer in our talk on Apple. Your insights and ideas are most welcome.

1. What was the underlying vision(s) in the minds of Apple's founders that led to its birth and further sustenance?

2. How did they implemented their naive ideas, and how did they manage their initial but crucial days?

3. From where did the funding of such IT firm come; and how did Apple finance its business venture?

4. How did Apple gain a competitive edge/advantage in its early days over its direct rivals, such as IBM?

5. What were the factors that made Apple so popular among its targeted market which resulted in 334 million of dollars a sale revenue in only a few years?

6. Is Apple a game changing player; or does it just play the game it find?

7. What are Blue Oceans? It is said that blue oceans of business universe are such areas where the growth potential, value-creation, and profits are unprecedented. Did Apple created any such blue oceans? (Due to time shortage we couldn't shed some light on this part, it has been explained in the previous post.)

8. Cutting from your past to invent what's new is a trap many managers often fail to see and become a victim of. Did Apple ever fall into this trap?

9. In order to create a win-win situation for yourself and your competitors, you've to embrace your worst enemies: Did Apple recognize the possibility of such a win-win strategy?

10. Apple has a name in spending on R&D. Has R&D helped Apple grow? Did Apple resort to R&D in most crucial times like of downturns?

11. Focus is critical for effective leadership. How does Steve jobs provide focus in Apple?

12. Apple's success is not completely based on leadership, of course there has to come a lot of contribution from the bottom. What is the main criteria by which Steve Jobs hire people?

13. How do Steve Jobs co-ordinate, or in other words how does he ensure that the organization stays on its vision?

14. Why do we love Macs?

15. What is the organizational culture in Apple?

Please give us your feedback.

Review of Talk given by Khurram Javed Mir

Last wednesday we had an awesome talk given by Khurram javed Mir former CMO of Kraysis and presently CMO (cheif Marketing officer) of Kualitatem. The key points that he highlighted from his own experience were:

1. Team work is utmost important, you need to have coherent stakes inorder to run an enterprise. He also said, if your are having conflicts between the top tier management then you should better withdraw rather then carrying on the business. Team comprises of non-techy and techy people, the essence of the succes of the business depends upon the co-ordination of the team because you can't do everything yourself

2. Idea

He talked about that behind every disaster there is an opportunity. I think we all remember the Rikshaw idea that he gave. Along with an idea you need to have a strong determination and you need to have a flare which keeps you on the road. He talked about exploiting the right oppurtunity at the right time. He talked about idea process which was about idea generation and implementation of that idea at the right time.

3. Money

You need not to have a money-motive behind establishing an enterprise, because that will eventually drown your entreprise. You need to have some strong flare which keeps you motivated to keep up a business

4. Research?

Before going onto the market you need to have a rigorous research about your market and atleast you should know that you are plunging into right direction

Comment plz.

FEA

Osama Hafeez