As people around the world flocked to the nearest Apple store and to social networks to express their grief and appreciation after the death of Apple co-founder Steve Jobs, others turned their attention to the future prospects of the company he helped turn into an innovative tech juggernaut.

Under the leadership of Jobs, Apple’s board of directors took a backseat role in charting the tech giant’s course and keeping tabs on its executive team, but that’s all about to change, writes Lucy Marcus in a piece for Reuters.com. Marcus takes a closer look at what Apple’s CEO Tim Cook and the company’s board need to do to ensure the company continues to grow and innovate in the wake of Jobs’s death, from promptly choosing a new chair to diversifying its members as the company seeks further growth abroad.

Apple took the wraps off a new iPhone on Tuesday but may have left some fans and investors wishing for more than an updated version of last year’s iPhone 4 smartphone.

Apple CEO Tim Cook, who took the reins from the co-founder Steve Jobs in August, and his executive team showed off a souped-up device that comes with voice recognition and a better camera, but it looked identical to the last phone and did little to lift the bar for smartphones. Let us know below what you think of Apple’s latest device.