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Steve’s Business Philosophy and Values

"Being the richest man in the cemetery doesnt matter to me. Going to bed at night saying weve done something wonderful, thats what matters to me." Steve Jobs

Photo: www.macrumors.com
Steve and I (Jay Elliot, Former Senior VP of Apple) spent a lot of time discussing the core of the companys values. He kept emphasizing that they had to reflect the nature of a start-up company and of a company driven by innovation, entrepreneurship, and products that truly satisfied the user. He wanted the company to be based on values, and he wanted values that would remind everyone not to compromise the integrity of the product in the name of profit. He wanted the company to be an innovator and a premier manufacturer of personal computersbut as the value leader, not the price leader.
He also wanted the statement to be based on two further premises:

Achieving our goals is important to us.

We are equally concerned with the way we reach those goals.

We had long discussions about what should be included in a values statement for Apple.What I ame up with, following his guidance, was a document that began by stating the business principles and then presented a set of values.

The business principles included these items:
  • To follow the principles of human engineering to build friendlyproducts whose simplicity and ease of use make them natural extensions of their owners.
  • To create a worldwide customer service organization to service retailers, distributors, and technical support centers, unmatched in the industry.


When we had finished our work, the set of values included these:

Value 1Empathy for the users
Offer superior products that fill real needs and provide lasting value. We are interested in solving customer problems, while not compromising ethics or integrity in the name of profit.

Value 2Aggressiveness
Set aggressive goals and drive ourselves hard to achieve them. Recognize this is a unique time when our products will change the way people work and live.

Value 3Positive social contribution
Make a positive social contribution. As a corporate citizen, we should be an economic, intellectual, and social asset in communities where we operate. But beyond that we expect to make this world a better place to live. We build products that extend human capability.

Value 4Innovation and Vision
Innovation and Vision to build our company by providing products that are new and needed. We accept the risk inherent in following our vision and work to develop leadership products.

Value 5Individual performance
We expect individual commitment and performance above the standard for industry. Only then can we make profits that permit the investment in other corporate objectives.

Value 6Team spirit
Teamwork is essential to the success of Apple, for each job is too big to be done by only one person. Individuals are encouraged to interact with all levels of management, sharing ideas and suggestions to improve Apples effectiveness and our contribution to quality of life.

Value 7Quality
We care about what we do. We build into Apple products a level of quality, performance, and value to earn the respect and loyalty of our customers.

Value 8Individual reward
We recognize each persons contribution to Apples success and we share the financial rewards that flow from high performance. We recognize that rewards must be psychological as well as financial and strive for an atmosphere where each individual can share the adventure and excitement of working at Apple.

Value 9Great management
The attitudes of a manager toward people are of primary importance. Employees should be able to trust the motives and integrity of their supervisors. It is the responsibility of management to create a productive environment where Apple values flourish.


These values became part of everyday communication and a standard by which employees could measure how they themselves and their management were performing.

Source --- Leading Apple with Steve Jobs: Management Lessons from a Controversial Genius by Jay Elliot, Former Senior VP of Apple (2012)

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