No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, April 21, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Steve Jobs taught Gap’s former CEO that micromanaging can be a good thing

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 3 mins read
A A
Steve Jobs taught Gap’s former CEO that micromanaging can be a good thing
Share on FacebookShare on TwitterShare on LInkedIn



One of the great debates in leadership is how much managing is too much. Psychologists argue micromanagement is harmful, saying it stifles creativity, dampens motivation, and reduces productivity. 

But some of the greats in business have shown micromanaging can lead to great success. Take Steve Jobs, for example. The former CEO of Apple, who died in 2011 from pancreatic cancer, continues to be revered as one of the greatest leaders in business history, but he’s also among some of the most famous micromanagers. 

“He’s a corporate dictator who makes every critical decision—and oodles of seemingly noncritical calls too, from the design of the shuttle buses that ferry employees to and from San Francisco to what food will be served in the cafeteria,” Adam Lashinsky wrote in a Fortune article about Jobs published just about a month before his death.

But Jobs and other business leaders have shown micromanaging works and that it gets a bad rap. In an episode of the Opening Bid podcast with Yahoo Finance executive editor Brian Sozzi, former Gap CEO Mickey Drexler made the case for this management practice, saying it was one of his major leadership takeaways from working with Jobs on the board of Apple.

Jobs was “unique, once-in-a-lifetime, and [his death] a loss to America,” Drexler said. “He was a difficult person, mercurial, incredibly creative, and made sure the screws on all the products were horizontal.” Jobs also backed a “no-bozos policy,” or hiring people who actually knew how to manage others and get results. 

“Micromanaging is what it is. If you’re managing as a leader, set the tone. I’m proud to be a micromanager for what a customer sees, feels, and hears,” said Drexler, who also previously served as the CEO of J. Crew and currently serves as the chairman of Alex Mill. “So yes, I do micromanage, but [also] provide leadership. People know what is important.” 

Merchandising mastermind Drexler also previously worked at Ann Taylor, Bloomingdale’s, and Macy’s, and served on Apple’s board from 1999 to 2015.

When Drexler first started serving on the board at Apple, Gap was worth $15 billion, which was bigger than Apple at the time. 

Apple is now a behemoth worth $4 trillion, with Jobs’ fingerprints still seen on its devices. Much of Jobs’ success had to do with bringing products to the market customers didn’t even know they wanted. 

“Some people say, ‘Give the customers what they want.’ But that’s not my approach,” Jobs once said. “Our job is to figure out what they’re going to want before they do.”

By a slightly different token, Drexler is more focused on responding to customer concerns while also planning expectations for the future.

“I think the world’s become kind of average in its standards,” Drexler said. “But average is not good enough to me. It’s [about] managing a customer’s expectations and what they should get: best-of-class. Don’t give a customer a reason not to buy something.”

And while Drexler said he learned from Jobs, he’s stayed true to his own leadership style.

“I didn’t learn to be extremely demanding [from Jobs],” Drexler said. “That’s what I’ve always been: a tough boss.” 

A version of this story appeared on Fortune.com on December 9, 2024.



Source link

Tags: CEOgapsgoodJobsMicromanagingSteveTaught
ShareTweetShare
Previous Post

FC Barcelona Slammed For Crypto Deal With Andrew Tate Links

Next Post

Are Daily Dividend Stocks Real?

Related Posts

edit post
Spanish Mountain Gold to divest 1.5% royalty to Wheaton

Spanish Mountain Gold to divest 1.5% royalty to Wheaton

by TheAdviserMagazine
April 21, 2026
0

Spanish Mountain Gold has signed a royalty agreement with Wheaton Precious Metals to sell a 1.5% net smelter returns royalty...

edit post
Kevin Warsh’s opening statement: Inflation is a choice, independence essential

Kevin Warsh’s opening statement: Inflation is a choice, independence essential

by TheAdviserMagazine
April 21, 2026
0

In a matter of hours, former Fed Governor Kevin Warsh will appear before the Senate Banking Committee in his first...

edit post
Morning Bid: Tech overwhelms Iran tension

Morning Bid: Tech overwhelms Iran tension

by TheAdviserMagazine
April 21, 2026
0

By Mike Dolan April 21 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance...

edit post
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes

Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes

by TheAdviserMagazine
April 21, 2026
0

The derivatives business is undergoing a structural reset after major regulatory changes in FY25, with growth now shaped by a...

edit post
U.S. Energy Sec says gas prices won’t go below  until 2027. Trump says he’s ‘totally wrong’

U.S. Energy Sec says gas prices won’t go below $3 until 2027. Trump says he’s ‘totally wrong’

by TheAdviserMagazine
April 21, 2026
0

After U.S. gas prices soared to over $4 a gallon this month, Americans are cautiously exhaling a long-held breath that...

edit post
Tata Steel shares jump 12% so far in April. Here’s why Nomura stays bullish on India’s steel sector

Tata Steel shares jump 12% so far in April. Here’s why Nomura stays bullish on India’s steel sector

by TheAdviserMagazine
April 21, 2026
0

Shares of Tata Steel have gained around 12% so far in April, nearing their record high, with international brokerage Nomura...

Next Post
edit post
Are Daily Dividend Stocks Real?

Are Daily Dividend Stocks Real?

edit post
The Anti-Capitalist Mentality of the Estado Novo

The Anti-Capitalist Mentality of the Estado Novo

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Why Revenue Operations Is the Key to Scalable Growth

Why Revenue Operations Is the Key to Scalable Growth

0
edit post
Software for Managing Co-op Advertising: The 2026 Guide to Automated Channel Growth

Software for Managing Co-op Advertising: The 2026 Guide to Automated Channel Growth

0
edit post
Lessons Learned From How Mega-RIAs Are Scaling Their People To Support Growth: #FASuccess Ep 486 With Lisa Crafford

Lessons Learned From How Mega-RIAs Are Scaling Their People To Support Growth: #FASuccess Ep 486 With Lisa Crafford

0
edit post
Ripple maps out XRPL quantum defense plan with 2028 target

Ripple maps out XRPL quantum defense plan with 2028 target

0
edit post
How America Could Soon Be Oversupplied with Homes

How America Could Soon Be Oversupplied with Homes

0
edit post
BCB Bancorp Releases Q1 2026 Financial Results

BCB Bancorp Releases Q1 2026 Financial Results

0
edit post
Ripple maps out XRPL quantum defense plan with 2028 target

Ripple maps out XRPL quantum defense plan with 2028 target

April 21, 2026
edit post
BCB Bancorp Releases Q1 2026 Financial Results

BCB Bancorp Releases Q1 2026 Financial Results

April 21, 2026
edit post
Spanish Mountain Gold to divest 1.5% royalty to Wheaton

Spanish Mountain Gold to divest 1.5% royalty to Wheaton

April 21, 2026
edit post
Why Revenue Operations Is the Key to Scalable Growth

Why Revenue Operations Is the Key to Scalable Growth

April 21, 2026
edit post
US Foods – USFD: Niedrige Margen, aber stetiges Umsatz- und Gewinnwachstum!

US Foods – USFD: Niedrige Margen, aber stetiges Umsatz- und Gewinnwachstum!

April 21, 2026
edit post
The Winners (and Losers) in Trump’s ‘Big Beautiful’ Tax Bill

The Winners (and Losers) in Trump’s ‘Big Beautiful’ Tax Bill

April 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Ripple maps out XRPL quantum defense plan with 2028 target
  • BCB Bancorp Releases Q1 2026 Financial Results
  • Spanish Mountain Gold to divest 1.5% royalty to Wheaton
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.