Assignment # 3: A New Strategy for Kodak BUS599 Strategic Management 1. Establish five (5) key objectives for Eastman Kodak that encompasses the operational‚ financial‚ human resource aspects of the business. Next‚ argue that each of the established objectives is essential to the success of the company within the Cloud service industry. Kodak is one of the many companies that has succumbed to a disruptive technology some call the digital divide. They recently
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CONTENT PAGE Page 1. INTRODUCTION 1.1 Organizational “Metamorphosis” 1.2 Focusing the “Focus” 1.3 Legacy of Kodak 1.4 The Kodak “Plunge” 2. TECHNO-VATION 2.1 Literature Review (Technology and Innovation) 2.2 Analysis 3. CULTURAL BLUEPRINT 3.1 Literature Review (Organisational Culture) 3.2 Analysis 4. CHANGE RESISTANCE 4.1 Literature Review (Change Management
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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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change Kodak experienced as a means to maintain success and in this digital driven and diverse economy. George Eastman’s wish was to make "photography as convenient as the pencil" and began by creating the first handheld camera which could take pictures with a push of a button in 1889 (Kodak‚ 2008). He built the company’s success with his own ingenuity and his advertising campaign where he coined the slogan‚ "you press the button‚ we do the rest." (Kodak‚ 2008‚ para. 28) Since then Eastman and the
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These four men‚ George Eastman‚ J.P. Morgan‚ John Rockefeller‚ and Andrew Carnegie were all Captains of Industry. They are all considered Captains of Industry because they all donated huge portions of their wealth to society. George Eastman treated his workers with respect and dignity‚ giving them fair pay‚ reasonable hours‚ and the best benefits he could manage‚ as the writer states. Both the reading and the website show examples of the places he donated to‚ such as large sums of his money to children’s
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Company Kodak and Polaroid are both extremely different firms. Polaroid has only one specialization and that is the instant photo market. Kodak on the other hand has reaches in all photo related industries. Kodak had high fixed costs due to their in-house production while Polaroid opted to be flexible and loose by subcontracting most of its production facilities. Therefore‚ Kodak had to reach a certain level of market volume in order to break even and become profitable. Polaroid‚ on the other
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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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solo Charles Eastman is a Dakota‚ who was a student that became a doctor and lived as an American. His approach with this book in my opinion was the importance for the Indian people to adapt to white culture while still upholding both cultural and traditional ways of life. Ohiyesa is the reason of significance in this read. His trials and triumphant experiences paved the way for what the Indian could be an equal and superior in a society that viewed Indian people as inferior. Ohiyesa shows that
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Kodak Case Study 2) Compare traditional photography to digital imaging. What are the main structual differences? How have value creation and value capture changed from traditional to digital photography? The main difference between traditional photography and digital imaging is that digital imaging doesn’t need physical films to take pictures and papers to see the pictures taken. This changed the customer experience of the whole process of enjoying pictures as below. Traditional Photography
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