Kodak's business model and profit formula differed between its film and digital businesses. Throughout its history, Kodak employed various strategies but struggled prior to 2012. While it had important resources, none passed all tests for sustainable advantage. Kodak's financial statements from 2007-2011 revealed weaknesses, and it was forced into bankruptcy in 2012 due to challenges in digital transition. Its restructuring may allow it to emerge stronger.
Kodak's business model and profit formula differed between its film and digital businesses. Throughout its history, Kodak employed various strategies but struggled prior to 2012. While it had important resources, none passed all tests for sustainable advantage. Kodak's financial statements from 2007-2011 revealed weaknesses, and it was forced into bankruptcy in 2012 due to challenges in digital transition. Its restructuring may allow it to emerge stronger.
Kodak's business model and profit formula differed between its film and digital businesses. Throughout its history, Kodak employed various strategies but struggled prior to 2012. While it had important resources, none passed all tests for sustainable advantage. Kodak's financial statements from 2007-2011 revealed weaknesses, and it was forced into bankruptcy in 2012 due to challenges in digital transition. Its restructuring may allow it to emerge stronger.
Post-Bankruptcy Strategy Be Successful? ASSIGNMENT QUESTIONS 1. Discuss the key elements of Eastman Kodaks business model in film photography. How did its customer value proposition and profit formula for its digital image capture business differ from its film business 2. Throughout its history what various strategies did Kodak employ? What was Kodaks strategy prior to 2012? 3. What are Kodaks competitively important resources and capabilities? Which of its resources have the greatest competitive power? Are any of its resources and capabilities able to pass all four VRIN tests for sustainable competitive advantage? Have the companys resources and capabilities been managed dynamically? Explain. 4. What does an analysis of Eastman Kodaks financial statements for 2007 - 2011 reveal about the strength of its business model and strategy? Were any of its three business units stronger than others? Explain. 5. What are the primary reasons that Eastman Kodak was forced into bankruptcy in 2012? Does it appear that the companys restructuring will allow it to emerge from bankruptcy as a stronger rival in the digital imaging and printing industry? 6. What recommendations would you make to Eastman Kodak to bolster its standing in the commercial and consumer printing industry? What should be done to strengthen the companys competitive position in its other segments and improve its financial performance?
To What Extent Did Kodak's Failure To Adapt To Changing Market Conditions Impact Its Long-Term Business Sustainability and Competitive Position in The Photography Industry-Kate