Reference no: EM13918761
All too often when a company is founded by a dynamic entrepreneur, such as Steve Jobs with Apple, and he leaves the company or passes away as in Mr. Job's case, there is a void left in the company and corporate performance declines. In addition, according to "How Has CEO Turnover changed?" "Kaplan and Minton, 2008) annual CEO turnover is 17.4%, meaning the average tenure of Chief Executive Officers in less than seven years. Thus Executive Succession is an important consideration for Boards of Directors.
1) Discuss Executive Succession in general from the aspect of how companies go about it and the effect that executive turnover has on corporate performance. List any sources that are used.
2) Review the attached article from the Wall Street Journal from Oct. 7, 2011, "Apple's Game Plan: Avoiding Culture Shock" attached below. Based on information in that article, as well as additional research on your part, answer the following questions below regarding Apple, which may apply to other companies as well as Apple.
Obviously, Steve Jobs was no product designer or software developer. So what critical functions did Steve Jobs have as CEO of Apple? Name at least six different key roles he played as Apple's leader. Specify at least six different key things he did on a day-to-day basis that set Apple apart from other firms. Of the six or more tasks you have listed, which ones can be "codified," that is, which ones can be formalized in such a way that they can be adequately carried out without Steve Jobs himself actually performing them? On a scale of 0-100, to what extent do you think Apple can confidently succeed in performing them without actually having Steve Jobs to do them?
TECHNOLOGY
OCTOBER 7, 2011
Apple's Game Plan: Avoiding Culture Shock
How to Preserve a CEO's Ethos? Company Had Nearly Decade to Prepare; Gathering a 'Top 100' and Starting a University
Read: https://online.wsj.com/article/SB10001424052970204294504576615261190142814.html#ixzz1cJMgEOlq
|
Moncton to vancouver with a connection in montreal
: Please don't forget to complete your signed statement of Academic Integrity within the body of your solution Submit a PDF of your type-written (i.e., not handwritten) solution (recall that a submission cannot be marked unless it is in PDF format).
|
|
Recent accounts receivable turnover
: Assets 2014 2013 Cash $ 2,800 $ 1,800 Accounts receivable 7,800 5,800 Inventory $ 28,000 $ 29,000 Assuming that net credit sales for the year 2014 totaled $153,000, what is the company's most recent accounts receivable turnover
|
|
Identify and describe eastman kodak key stakeholders
: Make an initial assessment of the degree to which core business funcitons are designed to enhance organizaitonal knowledge and capabilities that enable Kodak to create a sustained competitive advantage in the digital imaging industry; are there ga..
|
|
Decide a similarity measure between any two objects
: Select a reasonable size of objects to represent the population and Decide a similarity measure between any two objects - Explain the clustering difference between this clustering and the previous one.
|
|
Discuss executive succession in general from the aspect
: Discuss Executive Succession in general from the aspect of how companies go about it and the effect that executive turnover has on corporate performance. List any sources that are used.
|
|
Unpaid portion of salaries
: Record the journal entry necessary at December 31, 2005 to account for both the paid and unpaid portion of salaries.
|
|
Financial statement analysis of a public company
: Write a five-to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center.
|
|
Direct materials price variance
: Actual costs for the production of 7,000 faucets were $41,359.50 for materials (106,050 ounces purchased and used @ $.39 per ounce) and $21,560 for labor (98,000 minutes @ $.22 per minute). 1. Moreland's direct materials price variance is:
|
|
Theory about discrete vs. continuous
: Suppose the grading for a course project can only have 7 possible outcomes; 100, 90, 80, 70, 60, 50, and 0. Let the random variable X be the scores on the project. Suppose X has the following distribution:
|