A Business Leader I Admire and Why.

“The people who are crazy enough to think they can change the world are the ones who do.”

Leadership is about making others better as a result of your presence and making sure that impact lasts

in your absence. In this story, we’ll portray the person because maybe you know his name, not his

story. You’ve heard what he has done, not what he has been through.

Setup

Everything began and evolved in the state of California. Steve Jobs, the genius, was born in 1955 in

California. He was raised in an adoptive home after his birth and later adopted. He was a brilliant boy

who loved gadgets, which led him to become a co-founder of Apple and a founding father of the Pixar

animation studios. In early 1974, he dropped out of Reed College in Portland and went to work for

Atari Corporation as a computer game artist, raising enough money to go on a Buddhist pilgrimage to

India.

Steve Jobs was a man who never fell back and never underestimated his desire to accomplish his goals.

He produced some of the world's best devices, which are now recognized as world leaders in cell

phone technology. Steve Jobs was a very modest man when it came to earnings, he is said to have

contributed $52 million to AIDS charities. Steve Jobs was unconcerned with earnings, taking just $1 a

year in compensation, and instead focused on creating innovative goods that would impress customers

and developing new technology. He didn't set out to become a billionaire when he started his

company; instead, he wanted to make better things.

Confrontation

Jobs got back in touch with Stephen Wozniak, a childhood high school classmate who worked for

Hewlett-Packard Corporation when he returned to Silicon Valley in the autumn of 1974. When

Wozniak told Jobs about developing electronic logic board, Jobs proposed to start a company together,

which they accomplished after HP rejected Wozniak's concept in 1976. The logic board for the Apple I
was installed in the Jobs' family garage with funds raised from the sale of Jobs' Volkswagen minibus

and Wozniak's programmable calculator. Jobs was among the first business owners to realize that the

desktop computer would cater to a wide variety of people. Wozniak produced an upgraded model, the

Apple II, along with a keyboard.

Despite his lack of business attire, Jobs was able to gain sponsorship, distribution, and advertising for

Apple Computer. The device was an instant hit, and the firm saw a record-breaking initial stock

offering in 1981, and it entered the Fortune 500 list of America's best firms in 1983.

Jobs was outspoken about his support for the Macintosh, or Mac. Jobs privileged his engineers and

tended to them as artists, but his style was abrasive; at one point, he requested that an internal circuit

board be redesigned merely because he found it unappealing. The first Macs, on the other hand, were

underused and costly, with few technological features, resulting in poor sales. Apple incrementally

upgraded the machine until it became the company's backbone for all future programming interfaces.

However, Jobs' perceived inability to correct the issue soon escalated internal conflicts, and Sculley

forced Apple's board of directors to dismiss the company's prominent cofounder in 1985.

Jobs quickly founded NeXT Inc., which specialized in strong workstation computers for the education

industry. Ross Perot, a Texan entrepreneur, and Canon Inc., a Japanese electronics firm, were among

his investors. Meanwhile, Jobs purchased a majority stake in Pixar, a computer graphics corporation,

in 1986. Over the next decade, Jobs expanded Pixar into a large animation company that, among other

aspects, released Toy Story, the first full-length computer-animated feature film, in 1995. Jobs became

a billionaire during Pixar's initial public offering that year. In 2006, he sold the studio to the Walt

Disney Company.

Apple was on the edge of bankruptcy in late 1996, owing to massive financial losses. When Gilbert

Amelio, Apple's new CEO, found that the corporation had struggled to produce an acceptable

substitute for the Macintosh's obsolete operating system, he decided to buy NeXT and add Jobs back to

Apple as a consultant.
However, Apple's board of directors grew dissatisfied by Amelio's failure to turn the company's

finances around, and in June 1997, the company's precocious cofounder was approached to lead it once

more.

Jobs launched the iMac in 1998, one-piece device that provided high-speed computing at a low price

and started a wave with high-fashion computers. The iMac became the nation's best-selling personal

computer by the end of the year, and Jobs was able to report consistent earnings for the business. Jobs

began redefining Apple for the twenty-first century in 2001. Apple launched iTunes in that year,

computer software for playing music and upgrading it to the MP3 digital format, which is widely used

in computers and other digital devices. Apple launched the iPod, a portable MP3 player, and it soon

became the industry leader. Jobs formally changed the company's name to Apple Inc. on January 9,

2007, in acknowledgment of the growing shift in the company's market.

Jobs was diagnosed with a severe form of pancreatic cancer in 2003. Jobs returned to operating Apple

after a brief recovery. Jobs had a liver transplant, according to the Wall Street Journal in June 2009. He

stepped down as CEO in August but remained chairman. Two months later, he passed away.

Resolution

Finally, Steve Jobs was an insightful creator, an ideological leader, and an excellent manager. His

business philosophy gave Apple a new lease on life, and his innovative ideas acted as a gravitational

force for the company.

Anything can come down to one concept when looking at Jobs' outlook on life, genius management

style, and vision for the computer industry's growth. In reality, people should be passionate about their

work and completely committed to it which deliberately makes them the admirable leader.

Robinson, T.R., Henry, E., Pirie, W.L., Broihahn, M.A. (2015), International Financial Statement Analysis. 3rd ed.

Hoboken, New Jersey: Wiley.