A brief report on organizational structure and work place practice of Apple Inc, is presented. Extraordinary leadership quality demonstrated by Steve Jobs, whose intense drive for knowledge and perfection has revolutionized mobile phone, computer, music, communication and other industries is truly appreciated.
Apple Inc, an American multinational company with a market capitalization of over $ 672 billion and annual revenue of $182 billion was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. From its very first inception in 1976 till date Apple has been leading the personal computer revolution. This company has not only provided electronic instruments, it has changed the lifestyle and thinking of millions of people worldwide. Its organizational structure led by legendary Steve Jobs is collaborative and inclusive. With over 115,000 full time employees, it is the largest technology company in the world in terms of total assets. (1) It can be a very challenging place to work as it attracts and motivates top talents. In the past decade Apple Inc. has been able to…show more content…
In Apple an average employee salary is $108,483 per year as compared an average American salary of $54,629 per year. Along side addressing priority needs, Apple Inc. also targets the higher-order needs. As an example of assuring the esteem need, Apple inc. rewarded its employees by giving them a free Iphone, it is not only a benefit to employee but also an effective motivator because it would increase employee responsibilities when they see the end consequence of their effort. At the highest needs in Maslow’s hierarchy, Apple has successfully motivated its workers by creating further opportunities for employees to take part in education and development program. This way Apple is investing on their employees which the employees benefit
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