Apple Inc is selected
for the task of the business strategy evaluation because it’s well known and
leading Company having vast diversity according to its product lines. It is
also running massive operations as well as vast size. The strategy evaluation
shows the Apple’s value discipline, its grand strategy and generic strategy.
Apple’s value discipline
This concept is introduced
by the Koch, Treacy and Weiersema (2010) and it also follows the studies of the
Micheal Poreter. This theories describes
every companies must be follow the three dimension as;
Product leadership,
Customer Intimacy and Operational excellence are included in these three dimensions.
By using these three dimensions apple is focusing on the product lairdship
whereas the other two parts will be maintain according to the standards of the
industry (Teece, 2010).
Apple Inc’s Generic Strategy
This strategy is referring as an approach
which is used Apple strategic planning which is adopted for improving their
position in the particular industry or market. The Apple Inc is particularly
divided in to four basic strategies as;
Low cost Provider
strategy: It is realized by the Apple
Inc. that there is high demand for low budget consumer electronic, That’s why
the ibook and IMac computer were designed to meeting the requirements of the
buyers because it have low cost (McGrath, 2013).
Grand strategy evaluation of Apple Inc
Grand strategy of the Apple
Inc can be evaluated by the strategy matrix which is based on the two evaluate dimensions;
it includes the growth of the competitive position and market industry. The four quadrant matrix is used for
discussing the grand strategy evaluation of Apple Inc it also shows the Apple
Inc must use these strategy in the respective
quadrant
Quadrant II
Market
Penetration
Product Development
Divestiture
Weak Competitive Position
Market
Development
Horizontal Integration
|
Quadrant I
Integration
Market
Penetration
Product
Integration
Diversification
Strong Competitive Position
Market
/ product Development
|
Quadrant III
Diversification
Liquidation
Retrenchment
Divestiture
|
Quadrant IV
Joint
Venture
Diversification
|
This four quadrant
matrix represents the evaluation the strategies of Apple Inc smartly but in
details (Tilles, 2017).
References of Strategy evaluation of Apple Inc
McGrath, R. G. (2013). . The end of competitive advantage:
How to keep your strategy moving as fast as your business. . Harvard
Business Review Press.
Teece, D. J. (2010). .
Business models, business strategy and innovation. Long range planning,, 43(2,3),
172-194.
Tilles, S. (2017). How
to Evaluate Corporate Strategy. hbr.org.