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The internal and external managerial labor markets

Read the mini case “Can You Follow an Icon and Succeed? Apple and Tim Cook after Steve Jobs and answer to the followings” on page 408 of the textbook and provide an APA formatted written paper, minimum of four (4) pages (and at least six (6) peer-reviewed resources in support of your arguments) and answer the following questions:

Please evaluate a CEO’s job, and what makes a CEO’s job so complex? Use the challenges Tim Cook faces as Steve Jobs’ successor to provide examples that support your answer.
Tim Cook came from Apple’s internal managerial labor market to succeed Steve Jobs. According to your analysis, do you think that using the internal managerial labor market is the best approach to follow when replacing S. Jobs?
Use materials in the chapter regarding the internal and external managerial labor markets to explain your answer.
Given their different leadership styles of Steve Jobs and Tim Cook, describe the differences you found in Apple’s culture under Tim Cook’s leadership compared to the culture in Apple when Steve Jobs was CEO.
Using the information in this Mini-Case as well as you found additional materials through your searches, how do you evaluate Tim Cook as a CEO?
Is he an effective strategic leader or not? Use examples from the chapter’s discussion of “Key Strategic Leadership Actions” to justify your answer to this question.

Sample Solution

It is also evident from in-depth analysis of the Chairman’s report published in the annual report of Access Intelligence that the company wants to provide integrated solution for communication. The company has also been focusing on increasing quality contracts and release loss making contracts. This is one of the most important reasons where there were sales decline in the year 2017. Since the company wants to make product for the future ; it is aiming to develop product which shall enable to disrupt the reputation & Communication management industry which will help to augment the artificial intelligence capabilities, for recommending clients with the most suitable communication strategy and at the same time building communication platforms for the future. The company is also well aware of the different kinds of risk that they are exposed such as competitive, liquidity and credit risk. Key personnel risk and capital risk both are also seeking attention of the brand. It is for mitigating these risks, the management team of Access Intelligence takes appropriate measures such as risk in the product that they are marketing. This shall enable them to become market leader in the industry segment , grow the sales team across the group in a controlled manner and also putting emphasis on training and development of the personnel. As a measure for the credit risk, the company constantly tracking the clients for payments. In order to mitigate the capital risk, Access Intelligence is disposing non-core assets and makes a proper investment decisions through incorporating various techniques for evaluating the investments in projects. Therefore, Access Intelligence is aiming for developing product which shall enable to provide an integrated automated and decision making capability based on communication software products, power of artificial intelligence and through machine learning. This will enable to disrupt the industry by empowering clients with cutting edge communication management product for managing brands. So by enabling a competent product development and proper emphasis on sales force, the company is aiming to deliver best value for the investor’s investment in the company.
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