Apple’s Systemic Approach To Innovation
Apple is widely considered as the #1 innovative company in the world. The
innovation strategy involves terrific new products and
innovative business models.
The company delivers consumers with a succession of presents – great
software in fabulous hardware in beautiful packaging (“really good ideas
wrapped up in other really good ideas,” as Michael Lopp, senior engineering
manager at Apple puts it). Apple also pioneers into a new business spaces
and creates new market niches. The company created
game-changing innovations such as the iPod, iTunes, iPhone, and iPad.
innovation leaders think in terms of platforms and pipelines and
relentlessly push the pace of innovation. Competitors that chase Apple's
latest release find themselves behind when just a few months later Apple
introduces its latest and greatest offering.
Focusing on where they can make a significant contribution Apple hires
who want to make the best things in the world.
Innovative Business Models
Apple doesn’t just focus on building
innovative and beautiful products. It builds
innovative business models too. The iPod and iPhone would not
have had nearly as much impact if they hadn't been matched with iTunes and
the App Store respectively...
Apple’s Innovation System
Apple’s commitment to innovation is
process driven. The most successful products at Apple were started with
only a few people with no formal structure or hierarchy and little corporate
oversight. Yet, “to turn really interesting ideas and fledgling technologies
into a company that can continue to innovate for years, it requires a lot of
Steve Jobs. Apple has
built an effective
innovation system to
harnesses creativity in its people,
stimulate new ideas, streamline the
design process, and launch successful,
profitable new innovations.
Apple's Design Process
Apple has repeatedly demonstrated with its
innovation management what a success user friendliness and
design can generate.
Genius ergonomics make Apple products effortless to
use. “Design is not just what it looks like and feels like. Design is how it
said Steve Jobs...
Apple leverages its
diverse culture, innovation processes, partners and networks to seize
the new opportunities in the marketplace and grow its business
partnerships are an important part of the Apple’s
venture investing and
acquisition strategy is not very aggressive
To stay ahead, Apple usually
over-invests in its
The company makes fewer acquisitions than their competitors. When Apple does
buy companies, it's almost always tight lipped about how they will fit into
its strategy and how easily their technologies can be integrated into
existing company projects. Yet, some acquisitions stand out in terms of
adding important features to existing product lines or opening doors into