Maximizing Profit, Passion and Product to Hit Your Business Sweet Spot Zone
Apple's Hedgehog Concept

Author: Pierre Basson

Apple chief operating officer,, Tim Cook sang the praises of the iPad, outlining the company’s plans for retail expansion, at a recently  talk before investors at the Goldman Sachs Technology & Internet Conference in San Francisco.

Besides their huge market share gains, where they are now the biggest in the Mobile market ahead of Sony, Nokia, LG, Motorola. etc.

In regard to the PC market Tim Cook said " I think people in general, they think enterprise is bigger than consumer. But it's not. In PCs, it's 10%, which is sizable, but consumers are over 60%. Our heart, soul and DNA is in the consumer. It just so happens there are consumers working in enterprises who want to use these products."  Clearly the one thing emerging is that Apple has always focused on the user experience being simple, easy and reliable - consistent delivery of less rather than inconsistent delivery of more. Their one thing is clearly about CUSTOMER EXPERIENCE, as the driver of their economic engine.

But what takes the cake comes next. This excerpt from Tim Cook's address to the shareholders is powerful.

"We are the most focused company that I know of or have read of or have any knowledge of!

We say NO to good ideas every day. We say NO to good ideas in order to keep the amount of things we focus on very small in number so that we can put enormous energy behind the ones we do choose. This table that you are sitting at today, can probably fit every product on it that Apple makes, yet Apple's revenue last year was over $40 billion."

He goes on to indicate how this ONE THING has become the corporate culture and is the key to their success." I think any other company that could say that is an oil company. That's not just saying yes to the right products, it's saying no to many products that are good ideas, but just not nearly as good as the other ones. I think it is so ingrained in our company that this hubris you talk about that happens to companies that are successful and who whose sole role in life is to get bigger, I can tell you that the management team at Apple would never let that happen. That's not what we're about. W always keep only a small list of things to focus on."

Discover how you can benefit in your business form Apple's Hedgehog Concept.

Author Bio. Pierre Basson is an executive mentor and profitability coach known for his focus on finding and leveraging your sweet spots in your business.

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