KODAK AT A CROSSROAD: THE TRANSITION FROM FILM-BASED TO DIGITAL PHOTOGRAPHY Case Objectives and Use After reading and studying this case‚ students should be able to (1) understand the forces of change that were reshaping the business environment for firms in the photography industry in the twenty-first century; (2) understand the risks involved in developing corporate level strategy when the cash cow business is in a declining market; and (3) Understand the risks involved in competing in a
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based on cameras that used films to capture images. Kodak had 90% market share of film’s market and 85% of camera’s market by that time. But in 1981 Sony’s plans to launch Mavica‚ world’s first digital camera‚ marked the beginning of a technological industry shock. Kodak’s executives where frightened that photography industry would die. To react to this change Kodak went trough seven different restructuring between 1983 and 1993. During that period Kodak developed its strategy based on three main pillars:
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How Kodak suffered due to a wrong decision. Kodak‚ because of its market dominance until the 1990s‚ was the one of the world’s top five most valuable brands. Kodak’s filing for Chapter 11 bankruptcy protection brings to an end over 130 years of a brand that our grandparents’ generation would have seen as revolutionising their lives. Kodak‚ the company that George Eastman started over 130 years ago was to become part of the lives of everyone who wanted to take pictures of events both special
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How to Write An Executive Summary? Whether you’ve put together a business plan or an investment proposal‚ you’re going to need an executive summary to preface your report. The summary should include the major details of your report‚ but it’s important not to bore the reader with minutia. Save the analysis‚ charts‚ numbers and glowing reviews for the report itself. This is the time to grab your reader’s attention and let them know what it is you do and why they should read the rest of your business
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Executive Summary The purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read the complete document. Therefore‚ the executive summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract to decide whether to read the complete
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An Executive Summary The term ‘executive summary’ is used to describe a short piece of writing that offers the key highlights contained in a longer report in such a way that readers can rapidly become acquainted with a large body of material without having to read it all. Its purpose is to highlight the problem or proposal covered‚ the main issue(s)‚ concise analysis and the conclusions or recommended action points for the reader. Whilst it is presented at the front of the report‚ it should
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Running head: EXECUTIVE SUMMARY Executive Summary Paper Amber Nye NRS 451 V Grand Canyon University 10/9/2011 Executive Summary Paper The Blackhorse Pike School District offers a lifesaving program for children to aid in saving lives using Automatic External Defibrillators (AED’s). Staff is also provided training in CPR and AED usage. The Blackhorse Pike School District presently provides education for over 4‚000 children each school year. This school has been ranked
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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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Executive Summaries are much like any other summary in that their main goal is to provide a condensed version of the content of a longer report. Definition of Executive Summary The executive summary is usually no longer than 10% of the original document. It can be anywhere from 1-10 pages long‚ depending on the report’s length. Executive summaries are written literally for an executive who most likely DOES NOT have the time to read the original. • Executive summaries make a recommendation • Accuracy
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Executive Summary: A Project for Quality Improvement and Cost Reduction Most of the health care organizations are very much interested in quality improvement activities since they are facing a big competition in the market. Quality improvement activities and the role of nurses in this area are increasing simultaneously. Since nurses are the primary care givers in the hospitals their influence in quality improvement is remarkable. Quality improvement is a formal method to bring the service to the
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