Leadership style is another core competence at Apple that has ensured effectiveness and efficiency in developing innovative products. The period of 2008 was financially critical as the global was experiencing a financial crisis. Many companies faced economic challenges regarding the management of resources, including financial and human capital. Most importantly, Apple was strategic in adopting the transformational leadership style, which has ensured organizational sustainability. For instance, the firm has facilitated talent management in its recruitment practices. The approach has encouraged innovation at Apple, recording high profit-margins.
Stakeholder satisfaction is another core competence that has ensured success in a competitive industry. The company ensures the fulfillment of critical requirements amongst its stakeholder. For instance, innovation has ensured that customers acquire high-end products such as smartwatches, applications, and handheld devices. Similarly, Apple also facilitates conducive working environments for its diverse workforce to sustain creativity and innovativeness among employees.
Liberal approaches to conflict manage
ment constitute a critical element of stakeholder satisfaction. It has been useful to Apple during major disagreements that halt vital production activities. In addition, the core competence has been instrumental for the organization since its inception in 976 to 2008. Stakeholder satisfaction improves cohesion and interaction as the vital contribution of an innovative working environment.
VRIO (Barney) model
It is useful to note that Apple, Inc. has remained profitable by integrating core organizational management competencies. The 2008 and 200 case studies indicate the effectiveness of innovation in implementing continuity plans among technology companies. The firm in the discussion was established during the same time as other multinational corporations such as Dell and Microsoft Inc. However, the firm has ensured high levels of innovation, which lead to the production of devices as evidenced in smartphones. Leadership style has ensured that creative employees with commendable innovative talent are retained in the organization. Managing the workforce has been critical in sustaining quality production of devices making the firm highly profitable.