You know... I see Ive, Phil and Cue as Apple's Mccartney. Hair force one, the hardware engineers, other software engineers, Scott were Apple's Lennon.
When Steve was alive, there was a balance in power. Since he died, Cook had to be CEO (face of the company, not part of the brain anymore. Beancounter), Scott is gone, and Ive/Phil/Cue got way more power. The balance was destroyed.
Consequence? The best beancounter on the planet has no one to put him in check, and despite having the best software and hardware engineers in the world, they are powerless against Ive, Phil and Eddy. Everything that comes out of Phil's mouth is pure ********. Ive needs someone to control his genius otherwise it all becomes excessive and narcissistic (rose gold. It's pink, dude.). Cue... I know nothing about him, but I know that he was in control of the MAS and iTunes and he killed both of them, as far as potential is concerned.
Steve itself doesn't seem very important to me. Apple was 100% the work of fantastic talented people. Steve wasn't a great engineer, or a great designer, or great at management. But he was great at putting those Paul Mccartney in check.
We see the result in Apple having the best products and ecosystem (iPhone 6s/6s plus/iPhone SE/iPad Pros/rMBP/iMac) and also the most useless, overpriced, outdated, foolish piece of garbage in the whole tech industry (Every iOS device being sold with 1GB of RAM or 16GB of onboard storage, HDD Macs, Macs with TN Panels, cMBP, Mac Pro with rebranded cheapass """""""""firepros"""""" and not pro at all.).
It all makes sense to me. Seeing Ive in that picture only intensifies this feeling.
I don't agree with all of this, but I agree that senior management is unbalanced. Tim Cook is probably the world's best bean counter, and it's not hard to see why Jobs admired him so much. Apple's best-in-class manufacturing arrangements, its presence in other countries, its tax and financial positioning, etc. all wouldn't be what they are but for Cook's work. But under Jobs, all of that was secondary to the core mission of making the best products in the world. By contrast, it often seems now like the products are there to serve Apple's bottom line -- something that's inevitably true but cannot be the working mission.
Also, you're right that Ive is at his best when there is a check on his impulses -- in other words, design, though key to what Apple does, cannot drive the show. The best example of this is the famous "walk" that Jobs had with Ive before the "sunflower" iMac was introduced. Ive apparently had delivered a pristine design, but one that Jobs rejected entirely because of technological/useability concerns. The "sunflower," one of Ive's best designs ever, replaced that rejected design. And apparently, the rejected design had enough merit that it was retooled and improved for a later iMac. The lesson is that Ive was able to improve what he was doing when challenged by someone who, though not a designer, understood completely what the product should be about.