Kodak operating within a fast growth industry has suffered from a shorter period of evolutionary change and was faced with revolutionary changes much sooner and as Greiner argues long-term growth of organisations is pushed by a large degree by revolutionary change.
But the business was later expropriated by the Left Wing government. This has been as a result of processes of globalisation opening up more markets and bringing more competition for the company.
It started an above average profitability operations in Argentina and made strong returns in years. Using the categories identified in chapter two of Seniorhow would you characterise the types of change these organisations have experienced.
Kodak has been extremely successful over the last Kodak pestle analysis in filmsales and film development.
Kodak develops products quickly due to its competitive environment. Legal Legal considerations are again more a concern directly for WaterCo in terms of the regulatory environment it must contend with as being a utility company providing services to the public.
In response, Kodak made more significant changes designed to reduce its costs and to recapture market share in the companys core products.
Efficiency of financial markets — Does Eastman Kodak Company needs to raise capital in local market? Background Eastman Kodak Company is a leading multinational manufacturing company in the world.
Weakness Its core competency could be innovative digital imaging when digital age was first coming but ithad no well developed or proven competency to fit the emerging demand. Kodak could bring new productsto consumers attention and to support these products with one of the worlds best knownand most widely respected brand names as a huge advantage in the market wheretechnological change created uncertainty for consumers.
Promotion Conclusion Overall, there seems to be a lack of buzz, energy, top-of-mind awareness, or fuel behind the Kodak brand.
Furthermore a distinct process which has led to changes in WaterCo has been the development of new safety standards in relation to the operation of the equipment it uses.
To conclude change in an organisation's architecture often determines the success of organisational change, Greiner, WaterCo itself was privatised in and is one of the major water companies in the UK with over employees.
Does the company have attractive market opportunities that are well suited with Kodaks resources? Kodak cannot afford to lose in the digital space as social media has the powerful effect of creating communities of ever-growing fans who evangelize the brand — all at a relatively low and fixed cost.
Digital cameras are familiar to the market and to Kodak. Weakness Its core competency could be innovative digital imaging when digital age was first coming but ithad no well developed or proven competency to fit the emerging demand.
Kodaks brand reputation wassupported by its massive. Skills are an essential factor for the company but the core of these skills needs to be retained in the face of increasing automation and complexity.
Changing global markets and cost pressures in the s and sthreatened the way of doing business. In promotions, Kodak needs to improve the level of energy behind the Kodak brand.
Flexibility in terms of labour in British firms has been mainly achieved by enlarging the scope of tasks Poole and Jenkin, and a relaxation of organisational boundaries, Geary, For Kodak principal legal influences arise out of considering the amount of countries which the company operates in. Threat and Weakness of the resources of the company Threat Kodaks greatest traditional competitor has been Fuji.
This is because customers have become more service sensitive as well as technique and quality orientated as a result of higher educational levels and income levels creating much more discerning customers in relation to these.
It is fair to say that future growth would seem to be very depended on the company engaging with and possessing the will to carry out future revolutionary changes, Bigelow, The gap between therevolution and evolution of the strategy should be minimized in order to be competitive.
As Greiner points out each of the growth phases begins with a period of evolution and followed with a revolutionary period which pushes the organisation into the next stage of growth for firms within the specified industry.PESTEL Analysis on KODAK *Logo protected by copyrights of Kodak Due to high stakes and financial liabilities, investors sued Kodak PESTEL Kodak-Stock Market Analysis Annual Report Lithographic aluminium is the core component or raw material.
Discontinued businesses – Personalized imaging and document imaging, digital capture and devices. PESTEL Analysis. In this essay two organisations are examined that of WaterCo, a British utility company and Kodak, an international consumer electronics company using a PESTEL analysis of the various factors involved in their organisational change.
Price declines of digital camera made it highly affordable for more consumers, resulting to even greater demands. Socio-cultural. more and more people are moving toward digital camera and films camera are now seen as old fashion. From the PESTEL analysis, it is identified that the operation and management activities of Eastman Kodak Company is affected by the several factors.
From the SWOT analysis, it is identified that company has a good position in the market and the brand name creates the possibilities to.
Pestle Analysis A pestle analysis is one of the most popular and effective methods of analysing the external macroeconomic factors that could impact on a business within a specific industry.
Commonly, a pestle analysis will be used alongside other analyses that focus on internal factors.
PESTEL Analysis on KODAK *Logo protected by copyrights of Kodak Due to high stakes and financial liabilities, investors sued Kodak PESTEL Kodak-Stock Market Analysis Annual Report Lithographic aluminium is the core component or raw material.
Discontinued businesses – Personalized imaging and document imaging, digital capture and devices.Download