Kodak en la encrucijada: La transición de fotografía en película a fotografía digital Antecedentes: • Septiembre 2003‚ director general de Kodak anuncio a los inversionistas que tras declive en las ventas en tres años‚ la empresa dejaría de invertir en el negocio de películas fotográficas para el consumidor y se dedicaría cambiar a una empresa de crecimiento digital. • A pesar de invertir más de 4 millones de dólares en investigaciones sobre el aspecto digital y otras tecnologías relacionadas
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Kodak and the Digital Revolution GMAN 509 Strategic Management of Technological Innovation Summary In 1976 Kodak controlled 90% of the film market and 85% of camera sales in the United States. By 1992 the share of film market decreased by 5%. In 1991 they launched the first professional digital camera. In 1998 they spent $1.2 billion to two joint ventures with the Chinese government and by 1999 became number two in digital cameras in the United States with a 27% market share. In 2001 it launched
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Kodak’s current position in digital imaging is focused on three areas: 1. Image capture (digital cameras) – cameras are still not boosting profits‚ but Kodak has secured 15% of the market‚ and have boosted advertising spending towards s more integrated marketing effort 2. Services (online photo manipulation) - spent significant dollars on R&D developing software 3. Image output (digital kiosks‚ inkjet printers‚ paper and inks) – network of 19‚000 kiosks at retail stores are highly profitable
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KODAK PEST Political US copyright law requires all photo shops to refrain from printing or releasing digital images taken by professional photographers without a copyright release (2005; 2005). The company operates in different countries around the world therefore it needs to comply with those countries regulations for example‚ taxation policy and employment laws. The company has to take into account the stability of the government in countries where it operates to try and minimize political
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Second Industrial Revolution‚ signifies a thought-provoking evolution of change in America. In 1887‚ an entrepreneur‚ and inventor from New Yorker‚ by the name of George Eastman‚ came up with the slogan‚ “You press the button‚ we do the rest.” This slogan distinguishes one of the best discoveries during this time. George Eastman invented a single box with a single shutter speed and fixed focus lens. It was a wooden‚ light-tight box with a simple lens and shutter that was filled with film. For years
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films (Grayson‚ “How Color Changed the Movies). Following the timeline of the development of color in film‚ after the Lumière brothers in 1903‚ Kodak‚ an emerging photography company‚ introduces kodacolor in 1928. Again‚ in 1932‚ the Lumière brothers come up with an improvement of the autochrome process called
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GEORGE EASTMAN This paper is on a man who had very humble beginnings and through his ingenuity and curiosity was able to enhance the culture we live in‚ even today through his inventions in photography. For without his invention of the roll film‚ photography might be a much more difficult process than we are used to in this day and age. Mr. George Eastman was born on July 12‚ 1854‚ in Waterville‚ NY. His father‚ George Washington Eastman‚ ran a business school where he taught bookkeeping
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KODAK FUNTIME ANALYSIS 1. Diagnosis of the reasons for Kodak’s market share loss and assessment of likely development of the market if Kodak maintained the status quo. Answer: Kodak had been experiencing a loss on market share from 76% to 70% over the past five years‚ which was caused by the action of its competitors like Fuji Photo Film Co. and Konica Corp.‚ wooing consumers with low-priced versions. If Kodak did nothing to deal with the situation‚ either in pricing or creating something
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1. Kodak Stakeholder Impact Analysis Shareholders The shareholders of Kodak want a good return on their investment. Kodak has been exhausting resources through acquisitions and joint ventures with other companies‚ which leads to decreased shareholder profits. Kodak lost over $1.7 billion in already manufactured cameras and a patent suit where Polaroid sued them for violations on seven of their patents which also led to decreased shareholder profits. Competition was increasing in all areas and
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PRICING STRATEGIES AT HP AND KODAK When marketing products‚ it is very unlikely that consumers will purchase every products created. The days of creating products and marketing to all consumers are over. Customers have wants and needs and they know where to go and find their wants and needs. The objective to a successful marketing campaign is to separate your product from the competition. Michael Porter developed a model to formulate strategy’s to gain competitive advantages over the competition
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