Question: ( According to Podolny ( 2 0 2 4 ) , Apple Inc. is a global tech giant known for its skilled workforce, strong leadership,
According to Podolny Apple Inc. is a global tech giant known for its skilled workforce, strong leadership, and innovative culture. It operates in various jurisdictions with different regulatory frameworks and is influenced by political, economic, social, technological, environmental, and legal factors. Apple invests heavily in R&D sustainability, and reduces its environmental footprint. It also engages in legal battles over patents, privacy issues, and market competition. Understanding these environments helps Apple anticipate changes, innovate strategically, and maintain its competitive edge in the global technology market.
Ziad discussed that Apple Inc. faces several potential changes in the future, including technological advancements in AI ARVR and G technology, increasing consumer focus on sustainability, market expansion and globalization, digital transformation, and customer experience. Managers must stay updated on emerging technologies, invest in R&D and foster partnerships with tech leaders to drive innovation. They must prioritize sustainability in product design, supply chain operations, and corporate strategy, set ambitious goals for renewable energy use and carbon neutrality, and communicate sustainability efforts transparently. To navigate diverse market conditions, Apple must conduct thorough market research, diversify supply chain sources, and strengthen government relations. Digital transformation is also influencing customer interactions, and managers must prioritize digital innovation, datadriven decisionmaking, and personalized customer experiences. To address these changes, Apple should invest in leadership development programs, foster agility and flexibility, form strategic partnerships, embed ethical practices, and promote continuous learning and adaptation. By addressing these changes, Apple can position itself to thrive in a rapidly evolving global marketplace. Negotiates and add some extra important stuff in the above paragraph.
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