Case 5: Sony Shockwave In Search of the Next Hit Product Questions 1. Discuss the importance of product innovation to the future success of Sony in regard to the changing marketing environment environment. 2. Conduct a SWOT analysis on Sony. 3. What are the strategic options available to Sony‚ in y ‚ the wake of “Sony Shock”? Furthermore‚ recommend a course of action for Sony. Q1. Importance of Product Innovation to Sony s Sony’s Future Success Product innovation enables Sony to: • Retain
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Course: Leadership Instructor: Mr. Youssef Nassar Prepared by Daoud Matta‚ Class 13 Date: September 23‚ 2012 Samman has been so far a successful entrepreneur. He established CMCS‚ expanded it to new territories with a wide range of products and services‚ and built reputation and brand recognition. With the ambition to continue growing further‚ he is concerned about losing control of the business‚ about staff retention‚ and about changing his management style. Sammam adopts an “autocratic
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PORTERS FIVE FORCES ANALYSIS OF SONY CORPORATION 1. Threats of new Entry (Low): Electronic industry needs huge amount of capitals. High scale economy and constant innovation is another barrier to a new entrant. Moreover‚ the government policy acts as entry barrier for a new company. 2. Bargaining Power of Buyer (High): For Sony Corp. product the bargaining power of buyers very high as there is almost no switching cost from one brand to another. And the information technology provides the
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Vertical Integration Back in 2002‚ Sony geared themselves toward a vertical strategy as reported by Rob Weisenthal‚ VP and CFO of Sony Corp. of America‚ “Under the USA umbrella‚ we undertook a number of vertical initiatives for each operating division. These have already produced significant operational streamlining and financial performance improvements.” As discussed in his release‚ Weisenthal talked about Sony Pictures Entertainment and their strategy to restructure television operations‚ where
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Closing Case Chapter 7 1. Why did both Sony and Toshiba perceive it to be so important to get an early lead in sales? Based on past format wars‚ the trend had been “winner takes all.” With that in mind‚ Sony and Toshiba attempted to get as many early adopters as possible and secure early sales so that more people would recognize and buy their particular format over the other in the future. Whichever company achieved the quickest jump start would see an accelerated demand for its format and
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Brian T Castagna Wilmington University BBM 402 Sony Case Study 1. Sony had been so successful in the past with the Walkman‚ Playstation‚ and other electronics because they were innovative and new for their time. They helped reshape the music and gaming industry as we know it today. Without such developments‚ technology might not be where it is today. Sony’s competition was also vastly different. At the time of the Walkman‚ there were no other major competitors and the purchase of CBS Records
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Cash Flow OMM 622: Financial Decision-Making Instructor: Felix Lao September 30‚ 2013 The first thing any accountant looks for with a company financial is the bottom line. It is operating in the positive or negative and how much work will need to be done if it is not positive. Cash flow reflects how much cash is generated from the products and services sold by a company. Cash flow calculations involve making adjustments to net income by adding and subtracting the
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electronic industry works. As technology keeps getting better and better in our modern days‚ all electronic manufacturers should also come out with more innovative products as the technology grows. This will allow the electronic companies from all around the world to gain competitive advantage. The corporation which I had chosen to analyze is Sony‚ one of the leading and most
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Mission Statement Sony Corp: “At Sony‚ our mission is to be a company that inspires and fulfills your curiosity. Our unlimited passion for technology‚ content and services‚ and relentless pursuit of innovation‚ drives us to deliver ground-breaking new excitement and entertainment in ways that only Sony can. Creating unique new cultures and experiences. Everything we do‚ is to move you emotionally” Team Names (Arwa Kadour – NAM013 )- (Shahad Altallhi –NAM005) – (Samar Albarakati - NAM068)-( Orjwan
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Sony Mobile Communications Strategy - A method or plan chosen to bring about a desired future‚ such as achievement of a goal or solution to a problem. (http://www.businessdictionary.com/definition/strategy.html ) Strategic planning - A systematic process of envisioning a desired future‚ and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them. (http://www.businessdictionary.com/definition/strategic-planning.html ) Vision - An aspirational description of
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