JOBS MADE JOHNSON LOOK LIKE A GENIUS, PENNEY’S DEBACLE PROVES OTHERWISE $AAPL $JCP $TGT
There has always been a debate about who was the real genius behind Apple Stores. Was it Steve Jobs or Ron Johnson? Now the debate is settled. The debacle at J.C.Penney strongly suggests that the real genius behind Apple Stores was Jobs, not Johnson. Unlike other disciplines, to be a genius in business, one has to be a multi-faceted genius. There is no doubt that Ron Johnson has demonstrated streaks of genius in some aspects of business, but he has failed at certain essential facets that lead to success in business. At Apple, Jobs had correctly concluded that he needed his own stores to