mo Motivating Employees Motivating Employees In today’s professional world an important part of business education is motivational theory; the motivation of employees will be discussed in this paper both intrinsic and extrinsic‚ I will explain how management can motivate their employees. Many things come into play when you get a job; some people know when they are hired that they should do their best‚ because that’s what is to be expected from them. Other people when they are hired feel
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Transitory employees are defined as experienced‚ skilled workers who have less than five years of tenure with their current employer. There are two types of transitory employees: Intra-industry and Extra-industry. An intra-industry transitory employee already possesses knowledge of the business/industry language and technical aspects of the job and only requires training in their new company’s culture and ways of doing business. Sources for these candidates can be either: • Internal—transfers
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the steadily increasing threat from competition. Kodak needs to come up with a strategy for corrective action so as to arrest this decline‚ regain market share and increase share holder value. Kodak’s strategy is to reposition itself by targeting a new segment of price sensitive customers and re-segmenting the super premium customers’ space by including a wider segment of special occasion customers. Supporting facts for the problem statement: Kodak has overwhelming market domination‚ but its US market
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programme (internal and external) Training and development plan • Skills needing to be developed within the organisation • Number of recruited trainees required or internal trainees to be developed • Programmes for transferring or retraining employees to meet skill shortages‚avoid teh need for redundancies or aid flexibility Succession plan • Programmes for identification and development of promotable individuals • Plans to develope replacements for key management posts Productivity plan •
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Speaking of a change‚ is doubt that most of the people in the world will be undelightful hearing of it. That is a normal nature of how people respond to change at first. But later‚ when they finally realized the benefits of change‚ they might be considering themselves getting involves to it. First‚ lets look to the following figure which I took it from the internet. The figure of 25 companies’ reports shows the distribution of scores on 1 to scale of participants which they were asked to rate
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EASTMAN KODAK : MEETING THE DIGITAL CHALLANGE The case basically opens up with information regarding the present time. The information is presented in chronological order based on the company’s CEOs. It first provides with a history of the company’s creation. It moves on to the diversification of Kodak’s core competency‚ traditional photography to digital imaging and data storage. As stated earlier‚ the case studies has been segmented based on the company heads and their strategies and achievements
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Relevant Facts: Kodak has a long history that spans over 130 years. Founder George Eastman patents photographic film stored in a roll in 1884. In 1888 he implemented the first camera to complement his film roll. Kodak was then founded in Rochester‚ New York in the early 1890’s and by 1900 the Brownie camera was made a sparked photography to the masses. In 1975 Kodak was the first company to build a functioning digital camera that stored images on a cassette tape. In 2004 Kodak stopped selling film
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Eastman Kodak Meeting the Digital Challenges Eastman Kodak is suffering from profit margin losses and technological changes in the photo world. Film has always been a high profit product for Kodak‚ but the margins and sales are rapidly reducing. Kodak is shifting the focus to digital printing market to save itself from financial ruins. The new CEO‚ Antonio Perez has been appointed to make Kodak the industry leader. Based on the analysis below‚ which analyzes the current environment and identifying
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Title: Eastman Kodak Company: Funtime Films Question: Is Kodak doing the right thing with the decision to have line proliferation: Kodak Gold Plus‚ Kodak Royal Gold and Kodak Funtime? Support your statement if yes‚ if no‚ please provide practical suggestions what to do instead. Kodak is (in 1993) the dominant market player in U.S. with market share of 70%. In last 5 years the market share of Kodak decreased by 6 %. The main competitors are Fuji Photo Film Co (11% market share) and Konica
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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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