In my March 6 memo‚ I discussed the need for Kodak to revamp its core strategy and regain popularity. Eastman Kodak has been the leader of photography and printing products for nearly 130 years. Over the last few years Kodak has been in distress due to its poor fundamental shift into the digital age. Lack of strategic creativity led Kodak to misunderstand the industry in which it was operating. This lack of strategic creativity was costly for Kodak. This memo will explore the options I briefly
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Eastman Kodak’s (EK) Mission Statement At Kodak‚ we believe that by doing well by shareholders also means doing right by customers‚ employees‚ neighbors‚ and suppliers. With that in mind‚ Kodak operates its facilities‚ and designs and markets its products and services ‚ not only to increase shareholder value‚ but also to promote development of the individual‚ the well being of the community‚ and respect for the environment. Kodak Values & Mission All of us at Kodak work from a set of core
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1 The Rise and Fall of Kodak Company Promise Anukem Eastern Nazarene College BS433- Business Policy and Strategy BS 163 December 6‚ 2011 THE PROJECT PAPER 2 The Kodak Company was founded by George Eastman‚ an America who was so attracted to still photography and cameras. He saw the Still camera
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Kodak and Fujifilm Kodak and Fujifilm are well known companies in the households in the United States and across the world. Few people know the actual history of both companies and the competition they have been in over the years. It’s an interesting history on how both companies started and how they have developed and challenged each other over the years. George Eastman‚ who was the founder of Kodak‚ started his business career as a 14-year old boy when he had to quit school and work to
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Kodak Company‚ founded by George Eastman‚ is a worldwide US corporation that produces imaging and photographic equipment such as digital cameras‚ imaging systems and sensors and photographic film. Eastman decided the name of the company should be short‚ unique and easy to pronounce. Originally the name was “Nodak” chosen by David Houston‚ a fellow photographic inventor who later sold several patents to roll film camera concepts to Eastman. Houston chose “Nodak” as a nickname of his home state North
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Merck & Co.‚ Inc (A) (The summary is based on the article in Vol. I and does not include the extra readings given by the professor) This case is a classic example of enterprises trying to balance their business of increasing profits and expected social responsibilities. This dilemma is further accentuated when the company happens to be a pharma company whose decisions directly affect people’s lives. The Dilemma: A possible drug for River Blindness‚ a disease which affects almost 85 million
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Eastman Kodak and Fujifilm Sandra Greene BUS 302 Professor Cheryl J. Johnson 2 Feb‚ 2013 Eastman Kodak and Fujifilm 1. Describe the history and core business of each company. Kodak was considered the Google of its day. It was founded in 1880 and known for its pioneering technology and innovative marketing. “You press the button‚ we do the rest‚” was its slogan in 1888. By 1976 Kodak accounted for 90% of film and 85% of camera sales in
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Introduction Eastman Kodak is one of the largest film camera producers in the world which found by George Eastman in New York‚ 1880. Within the century‚ Kodak quickly became a household name and its photo-finishing process became the industry standard. With the advent of digital technology in 1980s‚ Kodak faced a challenge in digital transform development‚ and it experienced a sharp decrease in its market share and sales between 1980 and 2003. They began to make a statement that "Digital photography
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Kodak Case Study and Analysis February 27‚2012 1. Has Kodak followed the same generic strategy before and after 1993? What do you feel is the best generic strategy for the digital imaging business? Printer industry? Prior to 1993 I would say that Kodak’s generic strategy was broad differentiation. They were a well established company in business for more than 100 years‚ had a very strong brand identity‚ very strong reputation for their research and development‚ and a very broad distribution
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Kodak and the Digital Revolution Table of Contents: 1. Introduction 2. Problem Statement 3. Key Issues 4. Alternatives 5. Summary 1. Introduction: The official history of the company‚ headquartered in Rochester‚ New York‚ Kodak invented in the 1880 dry-plate formula and a machine for preparing large numbers of plate. Through the advent of color film‚ expansion to China and the introduction of new products‚ Kodak reached $1 billion sales in 1962 and controlled 90 %
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