In a recent article entitled: "Life after Steve Jobs: What to Expect from the Next Generation at Apple" it discusses the challenges to Apple after Steve Jobs' passing. It explains the culture at Apple being a "high risk endeavor" as it is more controlling than it's competitors, which requires Apple's products to be "truly superior." While Apple and Pixar have been consistently successful in this approach, the question now is, can they continue to do this over the long term, or will the culture need to undergo some changes?
Therefore, the risks are much higher for Apple than for say, for Microsoft, Google or even Facebook. The question is what happens now that the "one person Visionary" has passed, and it will now become an amalgam of a team Vision?
Innovation will need to continue to be a key to success or else the strategy and team may need to change. Senior Management will definitely have it's challenges. Only time will play it's cards out....but the World will anxiously await to see the next products from the crucible of Apple and Pixar. Wouldn't we like to be a fly on the wall during the upcoming Strategic and Succession Planning sessions? What do you think will be the in the companies' futures, both shorter term and long term? The game will be an interesting one, to say the least.
Link to the article:
http://knowledge.wharton.upenn.edu/article.cfm?articleid=2859
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