THE CASE OF EASTMAN KODAK : MEETING THE DIGITAL CHALLENGE MODULE LEADER- DR HANS SCHLAPPA MODULE- CONTEMPORARY STRATEGIC MANAGEMENT DEGREE- MSc in BUSINESS PSYCHOLOGY AUTHOR- SIRIWAN DARARATTANAROJ STUDENT NUMBER- 09249400 SUBMISSION DATE - 22/11/2010 THE WORD LIMIT FOR THIS COURSEWORK IS 1500 WORDS THE NUMBER OF WORDS USED IN THIS COURSEWORK SUBMISSION IS 1515 The purpose of this essay is to assess the balance of planned and emergent approaches that Eastman Kodak
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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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Eastman Kodak Company: Funtime Film Written Case The market for camera films is very competitive. During the five year period from 1988 to 1993‚ Kodak’s market share fell from 76% to 70%. In response‚ Kodak decided to revamp its product line to include Funtime Film‚ a seasonal offering at a low price point. In this case‚ you are asked to decide whether the new product line strategy will lead to a reversal in Kodak’s market share decline. In preparing this case‚ consider the
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Funtime The idea of funtime is to have no advertisement support‚ offered in limited quantities at certain off peak season times and sold only in value packs. Its availability will be the main concern and it will cause customers to get confused and retailers will be agitated by the confused customers. Options Regarding Funtime Launch Funtime time off peak season The launch will definitely attract customers as buying a name brand at cheaper price is what most of the people are looking for. But product
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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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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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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 FUNTIME ANALYSIS 1. Diagnosis of the reasons for Kodak’s market share loss and assessment of likely development of the market if Kodak maintained the status quo. Answer: Kodak had been experiencing a loss on market share from 76% to 70% over the past five years‚ which was caused by the action of its competitors like Fuji Photo Film Co. and Konica Corp.‚ wooing consumers with low-priced versions. If Kodak did nothing to deal with the situation‚ either in pricing or creating something
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Introduction Eastman Kodak Company‚ commonly known as Kodak is an American multinational imaging and photographic equipment‚ materials and services company headquartered in Rochester‚ New York‚ United States. It was founded by George Eastman in 1889. Kodak is best known for photographic film products. During most of the 20th century Kodak held a dominant position in this sector. In fact‚ Eastman Kodak Co. is one of the dominant market share holders within the camera and other photography-related
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Professor: Grace Zimmerman Case: Eastman Kodak Kodak as a brand had a Unit market share of 70% in a market of 670 million film rolls produced annually. I assume that Kodak Ektar accounted for 30% of the 70%‚ which equals to 21% of the whole market share‚ also equals to 140.7 million sales. The revenue can be calculated by multiplying this sales number by retail price‚ which is $600.79 million. Given the gross margin of 70%‚ the cost of each roll‚ $1.28‚ can be calculated. Kodak Royal Gold‚ which was
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