Apple’s motivation system - 1258 Words

Apple’s motivation system I. Why is Apple tops in its industry. Apple, a technology company that produces smart phones, tablets and portable music players, the retail stories has been in existence since 2001 and now has 394 stores worldwide with over 76100 employees in 14 countries, is considered to be the most successful electronics company in the world. As the most innovative and admired company in the world, what’s the key element of Apple’s success? It’s success owning to its relentless pursuit of customer delighting innovation and its excellent sales group. An innovative organizations like Apple that employees’ (especially those in RD department) motivation is a key success factor and hence the employees plays a significant role†¦show more content†¦IV. How do Apple’s reward system motivate employees? It’s not a secret that Apple has plentiful rewards for its employee, however, the aim of distributing the rewards is to get high performance from employees. Then, how does Apple use rewards to get innovation and productivity from employees? I think this question needs to relate to Apple’s corporate philosophy—building a performance culture, which requires significant differentiation based on performance, and it’s clear that in this culture, the top performers and those who are working on mission-critical products are treated significantly differently. The rewards for motivating top executives The rewards for executives are stock option and bonus, since stock option, which cannot be sell at one time, as a primary motivator could forces executives to focus on the company’s performance. Because the company’s performance and its stock price are tied tightly up with the money he or she could get. (e.g. Apple rewarded executives with $ 60 million stock granted in 2011 before the launching of iPhone 5) The rewards for motivating full-time employees The rewards for full-time employees vary from additional vacationShow MoreRelatedInstagram1918 Words   |  8 Pagesmeet ups, got interested in his idea and agreed to invest $250,000 needed to start the company with the only condition, he wanted Systrom to bring in cofounder. He contacted Mike Krieger, another Stanford graduate with a majored degree in symbolic system, and proposed to join Burbn as cofounder. Mike got interested in this offer. It was the first check in service that he actually liked, so he accepted the offer. Systrom was able to identify a gap in a market place; it was decided to create photo-Read MoreCisco Systems, Inc.: Collaborating on New Product Introduction12030 Words   |  49 PagesCASE: GS-66 DATE: 06/05/09 CISCO SYSTEMS, INC.: COLLABORATING ON NEW PRODUCT INTRODUCTION On November 13, 2007, more than 100 employees of Cisco Systems, Inc. assembled in classic Cisco fashion: they dialed in from multiple locations around the world for an important meeting. The purpose of the gathering was to get the green light from senior management to manufacture a new high-end router that would make the giant networking company more competitive in an age of surging Internet traffic

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Sunny Delight Free Essays

They first released an advert that was a national phenomenon and it sold lots of bottles. Sunny D claimed it tasted as good as Coke but also a healthy alternative that would clench the thirst of children. The advert was so powerful that it became the nation’s 3rd bestselling drink in 3 months of being released and in 1 999; it sold 200 million bottles in the year, leading to large supermarkets doubling and tripling their orders. We will write a custom essay sample on Sunny Delight or any similar topic only for you Order Now The reason it was so good was because it claimed it was fresh and fresh means healthy so parents anted to buy them for their kids because they wanted drinks to be healthy and good for their kids and that is what it seemed. However, people started reading the labels and telling other people to read the label which lead to lots Of people finding bad things about Sunny Delight. People started finding out that Sunny D had only 5% juice and the other 95% was things like water, food coloring and other dodgy things. There was also a high amount of sugar which parents didn’t want. After finding this out, parents started buying alternatives. One day a 4 year old girl from Wales who drank a litter and a half f Sunny D a day woke up one day and found her skin had turned orange and got sent to hospital. By the time 2001 came around, their sales have halved and they went from 3rd in the UK to 42nd in the space of 3 years. Sales have never recovered from it. If Sunny Delight were to release another advert, they would need to change their company to become healthier; they also need to not put as much sugar in each bottle. They need to be patient, to slowly get their customers trust back again. Their adverts should be truthful and not claim to be something they’re not. How to cite Sunny Delight, Papers