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Apple Board’s ‘Steve Jobs Dilemma’




Abstract
Issuess
The case is structured to achieve the following teaching objectives:
- Understand the role of the board of directors and its relationship with the CEO;
- Understand the significance of CEO succession planning in a company such as Apple and the role of the board in CEO succession planning;
- Understand issues related to the board’s obligations and accountability to the Shareholders;
- Discuss and debate whether the board of directors at Apple was too much in the shadow of the CEO Steve Jobs and how this could be rectified;
- Discuss and debate whether Apple should amend its corporate governance guidelines to adopt and disclose a CEO succession planning policy.
Contents |
Introduction |
About Apple |
Corporate Governance And Apple |
Job's Health Raises Governance Concerns |
Jobs Goes On Indefinite Leave Again |
Clamor For Succession Plan |
Company's Response |
The Showdown | Should The Board Have A Rethink? |
Exhibit |
Keywords
Corporate governance; Role of the board of directors; Board’s relationship with the CEO; Board’s obligations and accountability to the Shareholders; Succession planning; CEO succession planning policy; Power and politics; Secrecy; Full disclosure; Privacy; Competitive advantage; Apple; Steve Jobs