From ‘Trust Steve’ to ‘Trust team’
The death of Steve Jobs has put Apple's small board at crossroads. The first signs of the future will be whether they choose an independent chairman and expand the number of directors.business Updated: Oct 07, 2011 23:19 IST
The death of Steve Jobs has put Apple's small board at crossroads. The first signs of the future will be whether they choose an independent chairman and expand the number of directors.
Apple directors were seen offering advice to the chief executive rather than overseeing Jobs. "The old message was 'trust Steve,' the new message has to be 'trust the team,'" said Jim Post, a professor of corporate governance at Boston University School of Management. "The board needs to be expanded. They need to bring on additional independent talent ..., people who were not living in Steve's shadow," he said.
Apple's time frame for finding a new chairman - and even whether it is seeking one - is unclear. A spokesman declined to comment. Previously, Apple had no chairman.
Apple's board, with just seven members, is one of the smallest in the industry.
So, Apple CEO Tim Cook, who is a likely candidate for chairman, arguably has enough to do for now.
Depth behind design
The beauty of Apple products secured Steve Jobs a place in history long before his death, but design professionals said the depth of his influence on their profession goes much deeper than the minimalist look of an iPhone, said architects.
The Mac and the iPod, the iPhone and the iPad are already recognised as iconic products of the digital age.
His enduring influence may be more in how his products unlock creativity and change how we view the world - and what we want and make the world to be.
First Published: Oct 07, 2011 23:15 IST