UCLan MD4044 Assignment 2: Steve Jobs Entrepreneurial Analysis

This report provides an analysis of Steve Jobs, examining his entrepreneurial skills, achievements, and weaknesses. It details his strong vision, risk-taking agility, and leadership in the context of the Apple company. The report also highlights the negative aspects of his personality and leadership style. Key aspects covered include his birth and background, his role as CEO of Apple, and his contributions to technological innovation. The report references academic sources to support its claims and provides a comprehensive overview of Jobs' impact on the business world. The report is written for the MD4044 Entrepreneurship Theory and Practice course at UCLan, fulfilling the requirements of Assignment 2.

STEVE JOBS

ABOUT STEVE JOBS
• Born in the year of 1955, dated
February 24 (Heracleous & Klaering,
2017).
• Born in the region of San Francisco,
California
• Raised in the san Francisco Bay area
by his unreal parents, since he was
an adopted child to them.
• Renowned as an American business
magnate as well as an investor.
• He joined Reed College and was
recorded to drop from the college in
the same year.
• Jobs along with Wozniak then co-
founded Apple in the year of 1976
(Becraft, 2016).

ACHIEVEMENTS OF STEVE
JOBS
• Renowned as the CEO of the Apple company which is famous as
the leading industry in the field of technological innovations.
• Awarded with the National Medal of Technology from Ronald
Reagon – president of America in the year of 1984.
• Recorded to achieve the award for best public service in the
categorisation of “GREATEST PUBLIC SERVICE BY AN INDIVIDUAL
OF 35 YEARS AND ABOVE” in the year of 1987.
• Steve Jobs was named as the “MOST POWERFUL PERSON IN
BUSINESS” in the year of 2007 dated November 2007 in the
Forbes magazine.

ENTREPRENEURIAL SKILLS
POSSESSED BY STEVE JOBS
• STRONG VISION – Steve Jobs is known to have a strong vision about the
business requirement and skills. If it was not so Apple would not have
been at the paradigm it is at the place today even after the death of its
founder. Apple was known to start with only a minor of computer product
and now is considered as the world’s largest technological innovations
company (Kane, 2015).
• RISK TAKING AGILITY – Steve Jobs is considerably known as the business
person who is always ready to take up the risks and sustaining the
business. This can be proved by stating that at the time when Steve Jobs
had planned to debut Apple iPhones in the market of technological
communication, Blackberry was known to capture and cultivate the
complete market of wireless technology. However, the strategies of Steve
led to the fall of its rival Blackberry and gained competency in the market
(Teece, Peteraf & Leih, 2016).

DARK SIDES OF STEVE JOBS
• A talented individual contributor but a terrible and ineffective leader.
• Excitable liar.
• Mean and vindictive.
• Not a pleasant personality to be around with.

REFERENCES
• Becraft, M. B. (2016). Steve Jobs: A Biography. ABC-CLIO.
• Heracleous, L., & Klaering, L. A. (2017). The circle of life:
Rhetoric of identification in Steve Jobs' Stanford
speech. Journal of Business Research, 79, 31-40.
• Kane, Y. I. (2015). Haunted Empire: Apple After Steve Jobs.
Harper Business.
• Teece, D., Peteraf, M., & Leih, S. (2016). Dynamic capabilities
and organizational agility: Risk, uncertainty, and strategy in the
innovation economy. California Management Review, 58(4), 13-
35.

THANK YOU!!