Analyzing Managerial Decisions: Eastman Kodak 1) What factors motivated Kodak to change its organizational architecture? When Kodak began making changes to its organizational architecture in 1984‚ its current architecture did not fit the business environment for the industry. The largest factor that motivated Kodak to make this change was increased competition and decreased market share. Until the early 1980’s‚ Kodak owned the film production market with very little competition. This suddenly changed
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Kodak and Fujifilm Assignment 1: Kodak and Fujifilm Gyongyi Molnar Professor David Penkrot Strayer University- BUS 302 November 3‚ 2013 Describe the history and core business of each company. Kodak‚ formerly known as Eastman Kodak Company‚ was founded by George Eastman in 1888. The company’s early success was based on the launch of its revolutionary camera which simplified the photo taking process (Kodak‚ n.d.). Kodak’s main focus was photography and imaging‚ and its products ranged from
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Eastman Kodak Company: Funtime Film 1. Diagnose the reasons for Kodak’s market share loss and make your assessment of the likely development of the market if Kodak maintained the status quo. Kodak has been losing market share for the past five years to the point it has gone from 76% to 70%. The underlying causes that have generated such losses and have ultimately led consumers to favor competing brands with larger growth are: I. Consumers are tending to view film as a commodity‚ often
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Kodak’s Resource and Capabilities For Kodak‚ identifying its resources and capabilities is critical to redefine its sustainable competitive advantages in this technologically fast-moving field. After almost a century of global leadership in the photographic industry‚ Kodak is a well-recognized brand name worldwide. This respected brand image will enhance Kodak’s ability to introduce new products to consumers especially in a market where technological change creates barriers and uncertainty to
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Eastman Kodak George Eastman‚ founder of Eastman Kodak‚ developed the first fully portable camera in 1888. With strict business principles and innovative products he had created a new market with Eastman Kodak as the market leader. Decades later‚ Eastman Kodak was confronted with serious competitors in its traditional camera and film business. Several Diversifications gave Eastman Kodak temporarily leading positions in different fields in commercial imaging‚ medical imaging‚ image storage‚ thermal
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Datamonitor’s Eastman Kodak Company - SWOT Analysis Company Profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations‚ history and products‚ and provides summary analysis of its key revenue lines and strategy. Eastman Kodak Company manufactures and markets a range of consumer and professional imaging products. The company primarily operates in the US‚ Europe‚ Middle East and Africa. It is headquartered in
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Problem of the case CEO of Kodak had to set out new strategy for film products‚ because during January 17 and January 24‚ 1994‚ Kodak lost 8% in value on rumors if a price cut. Kodak was still a dominant in photo film market‚ but he had a lot of competitors like Fuji Co. and Konica Corp. They were offering consumers lower priced products. Market share of Kodak was falling from about 76% to 70% over the past five years. Kodak introduced new product‚ Funtime Film‚ which would be priced at lower
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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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Explain the demise of Kodak. Eastman Kodak is an iconic American photography brand which has been in operation since 1880 (Kodak 2012). Kodak created and influenced the photographic industry through an effective marketing strategy. This contributed to Kodak becoming the dominant firm in the industry for almost a century. Ironically the first digital camera was invented by Kodak‚ which happened to be the undoing of this successful company. Since 2003 Kodak has had to reduce its workforce by around
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Case Study: Eastman Kodak AdministratorJanuary 27‚ 2012Case Studies Kodak’s last chance for survival ~ a recommendation on strategic direction Author: Tony Lan Foreword During 2011‚ Kodak was under intense pressure to survive in the digital imaging business. As professor Burley describes‚ ‘Kodak was caught in a perfect storm of not only technological‚ but also social and economic change’ (Neate‚ 2012). As of Thursday 19 January 2012‚ Kodak filed for bankruptcy protection (Neate‚ 2012) and has until
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