CASE: Kodak Business Imaging Systems Divisions By Problem How does a multinational corporation choose between various manufacturing sites for its products? Kodak’s business Imaging Systems Division designed‚ manufactured‚ marketed and sold microfilm readers and printers. More than 50% of reader/printer businesses were outside the U.S. Kodak’s readers and printers were manufactured in two plants; Rochester‚ NY and Manus‚ Brazil. The Rochester plant served the world market except Brazil. The
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My topic is vision. • First of all‚ I’d like to clarify what vision means through a little story o I took a trip to Sea World in San Antonio with my family over the weekend and in preparing for this speech I tried a little experiment with Ariel‚ my 9-year old daughter. “Ariel”‚ I said‚ “we are go to drive 3.5 hours on I-10 East‚ stay in a Fairfield Suites overnight‚ spend 8 hours in Sea World‚ drive 30 minutes to another hotel‚ spend 6 hours in San Antonio and then 3 hours on I-10 West back
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Kodak’s current position in digital imaging is focused on three areas: 1. Image capture (digital cameras) – cameras are still not boosting profits‚ but Kodak has secured 15% of the market‚ and have boosted advertising spending towards s more integrated marketing effort 2. Services (online photo manipulation) - spent significant dollars on R&D developing software 3. Image output (digital kiosks‚ inkjet printers‚ paper and inks) – network of 19‚000 kiosks at retail stores are highly profitable
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declares our purpose as a company and serves as the standard against which we weigh our actions and decisions. * To refresh the world... * To inspire moments of optimism and happiness... * To create value and make a difference. Our Vision Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable‚ quality growth. * People: Be a great place to work where people are inspired
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A case study of Kodak is been given as an example because Kodak has gone through a transition phase in a period between 1980 ’s to 1990 ’s ‚ due to introduction of new technology in the field of photography specially digital photography. Kodak was the only one that developed many of the components of digital photography‚ yet the new form of photographic technology has had a serious‚ unconstructive impact on the firm business. 2.0 The need for the "change" George Eastman Kodak Company developed
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Kodak Files for Bankruptcy Introduction After years of financial turmoil‚ Kodak has decided to file for chapter 11 bankruptcy‚ which allows a company to reorganize itself‚ as of January 2012 in order to boost its cash position and stay in business (Dobbin‚ 2012). The bankruptcy is as a result of Kodak being in its final stage of layoffs and downsizing after two years (Kishore‚ 2012). Since 2003‚ over 47‚000 jobs have been cut along with thirteen factories being shut down (Kishore‚ 2012). Background
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Kodak and Fujifilm Management Concepts Professor Nekia Hackworth Ife Morrison 5/8/2014 In 1879 George Eastman traveled to London to obtain a patent on his plate coating machine. The patent was granted a year later. Once the patent was granted Mr. Eastman got an investor at the name of Henry A. Strong. Soon after‚ Henry Strong and Mr. Eastman decided to go into business together. They created a company called Eastman Dry Plate Company. At that time Mr. Eastman quit his job
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Kodak History: Current CEO is Antonio M. Perez. Originally founded in 1881 as “Eastman Dry Plate Company”. Eastman invented the first cameras suitable for non-expert use. In 1888 the name Kodak was born and the Kodak camera was on the market. In 1892 the company was re-named Eastman Kodak and the name has remained the same. Kodak contributed to the introduction to color motion pictures in 1928 by inventing the film with the capabilities to do so. In 1929 Kodak introduced the first motion picture
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planned and implemented properly‚ strategic management can establishcritical direction and guides the allocation of resources to achieve long-term organizational objectives. Before an organization can focus on the strategic management of its objectives‚ there mustbe a vision and mission. According to David‚ a vision statement directs the association toward future goal or achievement in the long term and provides the foundation for developing a mission statement. An organization ’s mission is referred
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PROBLEM STATEMENT Kodak is the photo film market leader since 1994 but the company is loosing share‚ in the past five years in United States has decrease from 76% to 70%‚ the main reason is the growing share of brands with lower prices. In January of 1994 Kodak is analyzing if launching a lower price product is the best alternative to stop loosing share. DIAGNOSIS As said before Kodak is loosing market share and looks like if the company doesn’t do something the tendency is going to be the same
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