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History shows iconic CEOs are tough acts to follow

“How does a company recover from the loss of an iconic leader like Steve Jobs at Apple Inc.?” Bill Rigby writes for Reuters. “Sometimes, it doesn’t.”

MacDailyNews Take: None of the examples Rigby is about to use were leaders like Steve Jobs. Neither were any of the companies like Apple Inc.

“Sony Corp. has never regained the dominance in consumer electronics it built under co-founder Akio Morita,” Rigby writes. “Microsoft Corp’s stock price hasn’t budged in the decade since Bill Gates stepped down as CEO.”

MacDailyNews Take: If you think Apple will go the way of Sony we have a bridge in Brooklyn you’ll just love. Apple become like Microsoft? What’s Cupertino going to do, poorly copy themselves to death?

Rigby writes, “The jury is still out on Jeff Immelt’s stewardship of General Electric after taking over from legendary boss Jack Welch.”

MacDailyNews Take: None of the companies cited by Rigby are run like startups, as is Apple. None of the examples in Rigby’s piece are good examples of possible directions Apple Inc. will take in the future. Apple’s best days are lie ahead.

Full article here.
 

[Thanks to MacDailyNews Reader “Webmasters Apprentice” for the heads up.]

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