Market Leader

 

Case Studies  Apple Computers

 

Master of Business Synergies

Synergistic Business Model and Disruptive Value Innovation

 

 

 

Apple’s Innovative Business Models

Apple is widely considered as the #1 innovative company in the world. The company’s innovation strategy involves terrific new-to-the-world products and innovative business models.

 

Apple invented,  designed and created many stylish innovative products that propelled the company to the top of its industry. But the shift was not only a matter of product innovation. Innovation lies also in Apple’s innovative business models – new synergistic ways to create deliver, and capture value.

 

 

 

For instance, the iPod and iPhone would not have had nearly as much impact if they hadn't been matched with iTunes and the App Store respectively. Systemic innovation integration is at the heart of Apple’s success.

Apple's New Business Models and Value Innovation Case Studies Product Innovation Business Model Apple Computers New Business Models, Value Innovation

Proactive Innovation

Value Innovation

Synergy Innovation

 

Steve Jobs advice quotes

Design is not just what it looks like and feels like. Design is how it works.

Steve Jobs

Apple

 

 

Apple works across traditional industry boundaries to create a successful innovation-friendly ecosystem. The company is in hardware, in software, in entertainment, and in logistics, and have mastered parts of all those industries. The App Store, for instance, the world’s largest collection of mobile applications, offers hundreds of thousands ways to make iPhone even better. iTunes, innovative software with a powerful business model, shows that people would pay for music if the price is right and the interface is simple enough.

 

Apple’s innovative value proposition “The product as an experience” stimulated great ideas when company leaders were contemplating a new business model.

For instance, Apple pioneered into a new business space and defined a workable business model for downloading music.

 

STAND OUT from the Competition

Surprise to Win

 

Steve Jobs advice quotes

We’re gambling on our vision, and we’d rather do that than make ‘me-too’ products.

Steve Jobs

Apple

 

 

Another key driver of Apple’s financial success is growing adoption of Apple products for business use. Saving time and minimizing frustration are the essence of Apple’s brand promise. This value proposition converts users of other products to the Apple brand. Apple's innovation strategy also involves great in-store service.

 

 

According to the Boston Consulting Group, a “combination of product innovation and business model innovation (BMI) put Apple at the center or a market approximately 30 times larger than its original market." It also helped expand the company’s share of the traditional computer market, as new customers became so attached to their iPads and IPhones that they took another look at Apple computers.

 

Steve Jobs advice quotes

To turn really interesting ideas and fledgling technologies into a company that can continue to innovate for years, it requires a lot of disciplines.

Steve Jobs

Apple