Monday, January 31, 2011

Relationships

Don't let someone become a priority in your life,
when you are just an option in their life...
its become balanced.

Relationships work best when they are balanced. 

Best on your life

Some people always enjoy the best that life has to offer.
It's not because more good things come their way.

It's because they find and enjoy the good
in whatever that comes their way.

                                              

Sunday, January 30, 2011

Retrace our steps today for tomorrow.

If we had a chance to live the day once again,
All of us would have rectified all our mistakes.
But unfortunately we cannot do it.
Don’t regret that we can’t do so……………!

Start looking ahead for tomorrow.
It gives us another chance to retrace our steps……………….!
            
                                                                    ..............indika..................

What do you know about Apple Inc ©?

 www.apple.com

Apple's motto, "Think Differently," is a concept that the company does very well by creating innovative products that continue to define the world of computer design. Other computer manufacturers have attempted for decades to replicate the iconoclastic appeal of the Apple design. None have succeeded in the manner of  Apple.

When Steve Jobs assumed the post of CEO in 1998, he re-revolutionized the entire company. Apple introduced the iMac and iBook product lines for the more basic computer buyers and the PowerBook and G series computers for the advanced purchasers. Apple continues to forge ahead in design with the introduction of the iPod digital music player and the iTunes Web site for the sale and download of music.

Among giant rival firms, such as IBM, Apple is on the forefront of a revolution of technology, integrating music, images, and animation.

History :

Founded in 1976 in a garage in Santa Clara, California, Apple is the brainchild of Steve Wozniak and Steve Jobs, two college dropouts who sought to provide a user-friendly computer to a new and distinct market of small computer users. Between 1978 and 1980, sales increased from $7.8 million to $117 million, and in 1980 the company underwent its initial public stock offering. In 1983, Steve Wozinak left Apple. That same year Steve Jobs hired away John Sculley from Pepsi to be the company's president. After experiencing several product failures, Apple unveiled the Macintosh computer in 1984 to overwhelming success, setting the stage for Apple's rise and its recognition as a household name.
By 1985, relations between Sculley and Jobs became contentious. Finally, the board of directors sided with Sculley, and Steve Jobs was forced from the company he helped found. Additionally, while CEO of Apple, John Sculley ignored Microsoft founder Bill Gates's appeal for Apple to license the Macintosh operating system to Microsoft. Gates had hoped to make the Macintosh platform an industry standard.

However, with Sculley refusing to license the operating system, Gates purchased and developed the DOS operating system, which has become the international operating standard for more than 90 percent of all personal computers in the world.

By the late 1980s, competition from Microsoft's Windows operating system and the abject failure of Apple's Newton handheld computer caused the earnings of Apple to plunge, forcing a reduction in the Apple workforce and the resignation of John Sculley. In 1997, Gilbert Amelio, Apple's current CEO, orchestrated the purchase of the company NextStep from Apple founder Steve Jobs. The NeXT operating system was a vast improvement over the then outdated Macintosh operating system. At the time of the purchase, it was hoped that the NeXT operating system could be used to upgrade and overhaul the Macintosh operating system. However, sales in the corporate and education sectors continued to fall, and Apple was forced to trim its, workforce by 30 percent, canceling projects and trimming research costs.

In 1998, Apple CEO Gilbert Amelio was ousted, and Steve Jobs triumphantly returned as interim CEO-iCEO, as he referred to himself. Jobs took immediate control of Apple by forging a surprising relationship with Microsoft, which included releasing a Macintosh version of Microsoft's popular office software. To protect Apple's declining market share, Jobs rescinded the licensing of the Macintosh operating system from chief imitator Power Computing.

Apple also implemented other cost saving measures, including canceling the Newton handheld device and the production of printers. In addition, Jobs streamlined Apple's product line. Pryor to Jobs's return, Apple produced 12 versions of the Macintosh computer, none profitably. Jobs refocused Apple to concentrate on two markets: consumer and professional. The professional series of Macintosh computers would have the prefix "Power," such as the PowerMac desktop series and the powerBook laptop series. The consumer series would have the prefix "i" for Internet, such as the iMac desktop series and the iBook laptop series. Steve Jobs's real value for Apple has been his willingness to be innovative. Shortly after his return as CEO, Jobs oversaw the introduction of the iMac line of personal computers.

The iMac, with its innovative all-in-one design and choice of five colors, was a herald of changes and products to come. In a world that had seen the personal computer become anything but personal, the iMac was a sensation. Under Jobs, Apple is again the innovator of the computer market. His leadership has led to the adoption of USB and, later, Firewire ports for digital connection of the computer to peripherals.

It was Apple's introduction of the AirPort that heralded the coming of wireless interconnectivity. Apple's current line of products and services ranges from the tiny MacMini to the ultrapowerful PowerMac GS. Introduction of the iPod digital music player and the iTunes music site have again put Apple at the forefront of the digital computing age.




Friday, January 28, 2011

Learning from Failure


 Breakdown from governance and managerial optimization
Michael Eisner saved Walt Disney Company when he became the CEO in 1984. He implemented many creative and insightful strategic actions that turns around Disney’s fortunes. However Eisner’s leadership has been criticized in recent years because of the multitude of problems cumulating in the firm’s weak financial performance. Eisner has been criticized for exceptionally high levels of compensation, especially at times of weak firm performance, and for not developing a person to succeed him as a CEO. His last five or more years as CEO have been controversial.

Disney (and Eisner) has been criticized for having a weak board with many members having ties for Eisner. In fact, the board has awarded Eisner compensation at levels highly criticized in the media and has also taken no action against Eisner for his ineffective dictions, strategies and actions.

However, the situation at Disney changed in 2004. Powerful shareholders Roy Disney and the California Public employees’ retirement system (CalPERS), a large institutional investor, stated they would vote against reappointing Eisner as CEO. CalPERS representatives said that “We have lost complete confidence in Mr. Eisner’s strategic vision and leadership in creating shareholder value in the company.”

The vote of no confidence for Eisner as CEO was supported by 43% of the shareholders. Such a vote is almost unprecedented. While the board did not oust Eisner as CEO, they withdrew his position as the chairmen of the board gave it to George Mitchell, a former U.S. senator. While some feel that Eisner has “nine lives”, he may have used all of them. The board reported that it is developing detailed succession plane and is working to increase its independence from the CEO. Of course, a critical issue is the need for improvement in Disney’s performance. All of these actions may have influenced Eisner to state in late 2004 that he would step down as CEO in September 2006. However,  critics were not quieted until the board announced that it would hire a search firm no later than June 2005 to move forward with the succession plane.
Source : H.Yeager, 2004, Disney Board talking the right steps, Financial times, http://  www. ft.com, May 21; L.M Wilson, 2004, Eisner vote force Disney to catch up, New York Times, http:// www. Nytimes.com, March 10; B. Orwall & J.S Lublin, 2004, Disney Shareholders’ revolt widens, wall street Journal Online, http:// www. wsj.com, February 27; P.T Larsen, 2004, CalPERS turns against Disney’s Eisner, Financial Times, http:// www. ft.com, February 26; B. Orwall & J.S Lublin, 2004, Eisner’s critics now like the script: Roy Disney, Stanley Gold suspend bid to oust CEO after board pledges action, wall street Journal, September 29;B3.       

 Morale
Strategic leadership involves developing a vision for the firm, designing strategic actions to activate this vision, and empowering otters to carry out those strategic actions. Establishing the firm’s vision (and mission), developing a management team and planning for the succession, managing the resource portfolio, building and supporting an entrepreneurial culture, promoting integrity and ethical behavior, and using effective organizational controls are the actions of strategic leadership. 
A top management team is the group of managers responsible for developing and implementing firm’s strategies.  Strategic leaders shape an organization’s culture. In the current competitive environment, all the firms need to be innovative to remain competitive. Therefore, building an entrepreneurial culture is of particular importance to strategic leaders. An entrepreneurial culture encourages employees to identify and exploit new opportunities. It encouragers the creativity and risk taking and tolerates failures as results.  

Life...........!

You may have enough happiness to make you sweet, enough trials to make you strong,
enough sorrow to keep you human, and enough hope to make you happy.

The happiest of people don’t necessarily have the best of everything;
They just make the most of everything that comes along their way.

The brightest future will always be based on a forgotten past;
You can’t go forward in life until you let go of your past failures and heartaches.

Don’t count the years - count the memories….
Life is not measured by the number of breaths we take, but by the moments that take our breath away!

More over.............
Face your past without regret.
Handle your present with confidence.
Prepare for the future without fear.
Keep faith and drop the fear.
Don’t believe your doubts and never doubt your beliefs.

Life is wonderful if you know how to live it.


                                                                                                 ........indika........