What some people forget is that a company can not achieve maximum efficiency and value when run as a democracy. I have been in too many organisations as a consultant where the CEO or COO gave their teams too much freedom. Their teams were a mirror of themselves, meaning weak managers. As a result decisions that desperately needed to be made were postponed because "everyone and their dog" needed their say in it. This costs a lot of money, takes a lot of time and often because of politics also is detriment to the quality of the product.
A decisive CEO, who know his product, the market and has the power to lead a large company is exactly what I as a shareholder would want. Steve could probably work on his people skills, but to me as a shareholder and a customer he delivers results. As long as working conditions for everyone employed by Apple are acceptable, I couldn't care less whether the iPhone engineers had to rework their product a zillion times. It means we as customers don't have to fiddle around with products like WM 6.5 where you need a stylus to activate the multitouch system