This document provides a timeline of key events in Sony's history from 1946 to 1996. It was established in 1946 as Tokyo Tsushin Kogyo and launched Japan's first transistor radio in 1955. The company changed its name to Sony in 1958. It expanded globally through founding Sony Corporation of America in 1960. Sony launched many innovations including the first transistor television in 1960 and Walkman personal stereo in 1979. The document also outlines Sony's organizational structure, core businesses, financial performance, competencies and various business processes relating to areas like time pacing, modularity, co-evolution, branding, value chain and supply chain management.
The Analysis Of Business Strategy and Objectives Of SONYAmelia Jones
Read this report to know about the foundation and development of SONY. It also explains about the business strategy and the development objects of the term.
The Analysis Of Business Strategy and Objectives Of SONYAmelia Jones
Read this report to know about the foundation and development of SONY. It also explains about the business strategy and the development objects of the term.
This is the PowerPoint presentation of a Marketing/Business Plan me and four of my classmates made for Sony\'s consumer electronics market for our Marketing Management class.
Sony Corporation is a leading Japanese manufacturer of electronic devices, games and entertainment products which incurred huge amount of loss for four consecutive years. The company declared that it incurred a total loss of 6.4 billion dollars for the year end in March 2012. The company’s main weakness lies in the numerous product lines In addition to this problem, the company also faces both internal and external challenges. Thus, a SWOT analysis and Porter’s Five Forces Analysis is carried out to understand the basic strengths and weaknesses of the organization. This helped to find out the basic reason behind the poor performance of Sony Corporation. Based on the analysis, a-five year recommendation plan have been framed that consist of four basic steps. Following this plan would help the organization to improve it current position in market.
This is the PowerPoint presentation of a Marketing/Business Plan me and four of my classmates made for Sony\'s consumer electronics market for our Marketing Management class.
Sony Corporation is a leading Japanese manufacturer of electronic devices, games and entertainment products which incurred huge amount of loss for four consecutive years. The company declared that it incurred a total loss of 6.4 billion dollars for the year end in March 2012. The company’s main weakness lies in the numerous product lines In addition to this problem, the company also faces both internal and external challenges. Thus, a SWOT analysis and Porter’s Five Forces Analysis is carried out to understand the basic strengths and weaknesses of the organization. This helped to find out the basic reason behind the poor performance of Sony Corporation. Based on the analysis, a-five year recommendation plan have been framed that consist of four basic steps. Following this plan would help the organization to improve it current position in market.
One of the most recognized brand names in the world today, Sony Corporation, Japan, established its India operations in November 1994, focusing on the sales and marketing of Sony products in the country. In a span of 19 years, Sony India has exemplified the quest for excellence in the world of digital lifestyle becoming the country’s foremost consumer electronics brand. With relentless commitment to quality, consistent dedication to customer satisfaction and unparalleled standards of service, Sony India is recognized as a benchmark for new age technology, superior quality, digital concepts and personalized service that has ensured loyal customers and nationwide acclaim in the industry.
Sony India is one of the most recognized consumer electronics brand in the country, with a reputation for new age technology, digital concepts and excellent after sales service. In India, Sony has its footprint across all major towns and cities in the country through a distribution network comprising of over 20,000 dealers and distributors, more than 300 exclusive Sony outlets and 25 branch locations. Sony India also has a strong service presence across the country with 365 service outlets. Manned by customer friendly and informed sales persons, Sony’s exclusive stores ‘Sony Canter’ are fast becoming the most visible face of the company in India. A distinctive feature of Sony’s service is their highly motivated and well-trained staffs that provide the kind of attentive and sensitive service that is rare today.
Sony is committed to ensuring that both the products and the marketing activities employed truly make a difference to people’s lifestyles and offer them new dimensions of enjoyment. Relentless commitment to quality, continuous dedication to customer satisfaction and unparalleled standards of service is what differentiates us from countless competitors and reflects a true image of all that is Sony.
A TALE OF THREE COMPANIES THE SURVIVAL STRATEGIES OF SONY, HI.docxransayo
A TALE OF THREE COMPANIES: THE SURVIVAL STRATEGIES OF SONY, HITACHI ANO CANON
313-134-1
glorious histories, are now simply outdated. Indeed, a recent study conducted by
an electronic appliances analyst concluded that Japanese firms make more than
half of the components used in the iPhone 5. Sony, Toshiba, and Sharp provide
goods such as camera image sensors, memory devices, and display panels to
the world leader in technology, Apple.
Japanese Crisis Management
Nevertheless, we cannot deny that the Japanese electronics industry as a whole
is on a downward slope. Most firms in Japan share the features mentioned
above, and so have been exposed to the same problems in recent years.
However, they have not all reacted in the same way. The world economic crisis
has made Japanese business leaders think about new ways to adapt in a world
where the competition is increasingly global. Japanese firms all prefer Japanese
management styles, but many of them have realized that they need to change
and adapt faster to the rapidly evolving international business environment.
And they have not all chosen the same strategies. The next sections will
describe the cases of three major players in the Japanese electronics industry,
as well as their survival strategies: these are Sony, Hitachi, and Canon. Despite
similar roots, they are all attempting to adjust their businesses in different ways in
a global market full of challenges and opportunities.
Sony
History
On 7 May 1946, Masaru Ibuka (an engineer) and Akio Morita (a physicist)
invested the equivalent of ¥190,000 to start a company with just twenty
employees. It was called "Tokyo Tsushin Kogyo" and was established in
Nihonbashi in Tokyo. The company initially specialized in research and
manufacturing ot telecommunications and measuring equipment. The name
"SONY" came later and was created by combining sonus, which is Latin for
"sonic," with "sonny," meaning a youthful boy with a free and innovativespirit. It
as chosen for its simple pronunciation that could be easily articulated In any
:nguage. The new name perfectly suited the company, which wanted to project
the image of a group of young people with energy and passion for unlimited
creation.
Sony developed strongly after 1954, when the company obtained a license to
d t . t s a basic electronic component which had been Invented Inpro uce ransts or , .'
., before The following year it began seiling the first radioAmerica SIXyears . .
d t· Iy with transistors In 1960 Sony Amenca was created, andreceptor ma e en Ire ., . I d
th pany opened subsidiaries in Hong Kong and SWitzer an .shortly after, e com . . . h
. mbol of power the Sony bUilding was opened In t e
SIX years later, as a sy ,
5
271
"""'f'
274 International Business Strategy
the interconnectivity between the c
imaging, games, and mobile techno
I! the upcoming years. They are proje
operating income in 2015. As for th
abandon them or create partnershi
On 27 October 2011, Sony took fu.
SAP LUMIRA TECHNIVERSITY 2014 DEMO JAM PREESNTATION: RISK ANALYSIS OF CROPS G...Nirav Desai
RISK ANALYSIS OF CROPS GROWN IN INDIA.
Reference paper: Agricultural Insurance in India: Problems and Prospects by S. S. Raju and Ramesh Chand
India has been able to produce enough wheat and rice to feed a population of more than 1 billion people with a low co-efficient of variation of 10 for more than 20 years. That is a great achievement. Higher risks in certain states is due to lower availability of water. Alternatives to wheat and rice in high risk states can be identified by correlation analysis as shown here.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
1. SONY CORP.
A CASE STUDY
PREPARED BY: NIRAV DESAI (14030141023) MBA-IT 2014-16
COURSE: PRINCIPLES AND PRACTISE OF IT ENABLED MANAGEMENT
INSTRUCTOR: PROF. SUPRATIK GHATAK (SYMBIOSIS INSTITUTE OF COMPUTER STUDIES AND RESEARCH)
2. TIMELINE [1]:
YEAR MONTH EVENTS
1946 MAY ESTD. BY THE NAME OF TOKYO TSUSHIN KOGYO (TOTSUKO)BY AKIO
MORITA
1950 JULY LAUNCHES ‘G-TYPE’, JAPAN’S FIRST MAGNETIC TAPE RECORDER
1953 OCT CONCLUDES TRANSISTOR LICENSE AGREEMENT WITH WESTERN ELECTRIC
1955 AUG LAUNCHES ‘TR-55’, JAPAN’S FIRST TRANSISTOR RADIO
1958 JAN CHANGES THE COMPANY NAME TO SONY
1960 FEB FOUNDS SONY CORPORATION OF AMERICA
1960 MAY LAUNCHES WORLD’S FIRST TRANSISTOR TELEVISION
1961 JUNE ISSUES ADR (AMERICAN DEPOSITORY RECEIPTS) IN U.S.A.
1963 JULY LAUNCHES WORLD’S FIRST TRANSISTOR, COMPACT SIZE VCR
1968 MAR FOUNDS CBS/SONY RECORDS WITH CBS (SONY MUSIC ENTERTAINMENT)
1968 OCT LAUNCHES ‘TRINITRON’ COLOR TV
1971 OCT LAUNCHES ¾ INCH, U-MATIC VCR
3. TIMELINE (CONTD.) [1]:
DATE MONTH EVENT
1972 AUG COMMENCES OPERATION AT COLOR TV ASSEMBLY PLANT IN CALIFORNIA
1975 MAY LAUNCHES HOME USE 1/2 –INCH ‘BETAMAX’ VCR
1979 JULY LAUNCHES FIRST PERSONAL HEADPHONE STEREO ‘WALKMAN’
1979 AUG FOUNDS SONY PRUDENTIAL LIFE INSURANCE
1982 OCT LAUNCHES WORLD’S FIRST CD PLAYER
1982 NOV LAUNCHES ‘BETACAM’, A SINGLE UNIT, ½ INCH, BRAODCAST USE
CAMERA
1985 JAN LAUNCHES SINGLE UNIT 8MM VIDEO CAMERA
1987 MAR LAUNCHES DIGITAL AUDIO TAPE (DAT)
1989 APR LAUNCHES HIGH RESOLUTION, HIGH BAND SYSTEM 8MM VIDEO SERIES
1989 JUNE LAUNCHES ‘CCD-TR55’ LIGHTWEIGHT COMPACT SIZE SINGLE UNIT 8MM
VIDEO
1989 NOV ACQUIRES COLUMBIA PICTURES
1990 DEC LAUNCHES ‘HD TRINITRON’, 36 INCH, COLOR HDTV FOR HOME USE
4. TIMELINE (CONTD.) [1]:
YEAR MONTH EVENT
1991 OCT LAUNCHES ‘KIRARA BASSO’ SERIES WITH SUPER TRINITRON PICTURE TUBE
1992 NOV LAUNCHES MINIDISC SYSTEM
1993 OCT LAUNCHES ‘DIGITAL BETACAM’ SYSTEM, BROADCAST USE,
COMPONENT DIGITAL VCR
1993 NOV FOUNDS SONY COMPUTER ENTERTAINMENT
1994 DECEMBER LAUNCHES PLAYSTATION I
1996 MAY 50TH ANNIVERSARY OF SONY CORPORATION
REFERENCE [1]:
The Sony Corporation: A Case Study in Transnational Media Management
by Richard A. Gershon, Western Michigan University, U.S.A.
and Tsutomu Kanayama, Sophia University, Japan
JMM – The International Journal on Media Management – Vol. 4 – No. 2 : (105 – 117) 2002
5. ORGANISATIONAL STRUCTURE AND CORE BUSINESSES: [1]
AUDIO EQUIPMENT: CD PLAYERS, MD SYSTEMS, DAT RECORDERS,
STEREO COMPONENTS, CAR AUDIO, ETC.
VIDEO EQUIPMENT: DVD PLAYERS, DIGITAL STILL CAMERAS,
BROADCAST AND PROFESSIONAL USE VIDEO EQUIPMENT
TELEVISIONS: TRINITRON AND WEGA COLOR TV TELEVISIONS, HDTV
RELATED EQUIPMENT, PERSONAL LCD MONITORS, PROFESSIONAL USE
MONITORS AND PROJECTORS
INFORMATION: VAIO PERSONAL COMPUTERS, COMPUTER
PERIPHERALS
ELECTRONIC COMPONENTS: SEMICONDUCTORS, LCDs, CRTs,
OPTICAL PICKUPS, BATTERIES
6. ORGANISATIONAL STRUCTURE AND CORE BUSINESSES: [1]
MUSIC: SONY MUSIC ENTERTAINMENT INC. (SMEI) AND SONY MUSIC
ENTERTAINMENT (JAPAN). COLUMBIA RECORDS, EPIC RECORDS AND
SONY CLASSICAL ARE SOME OF THE LABELS OWNED
FILM: SONY PICTURES ENTERTAINMENT. IT CONSISTS OF COLUMIBA
TRISTAR MOTION PICTURE GROUP, COLUMBIA TRISTAR TELEVISION
GROUP AND SONY PICTURES DIGITAL ENTERTAINMENT
GAMES: SONY COMPUTER ENTERTAINMENT. PLAYSTATION IS THEIR
MAIN PRODUCT LINE HERE (PS4 LAUNCHED ON 15 NOVEMBER, 2013)
INSURANCE: FINANCIAL SERVICES, AUTOMOBILE AND LIFE
INSURANCE.
7. FINANCIAL PERFORMANCE [2]:
300000
200000
100000
0
-100000
-200000
-300000
-400000
-500000
Income and Revenue for SONY over last 4 years
Jan-11 Jan-12 Jan-13 Jan-14
Operating Income Income after tax Net Income
8. CORE COMPETENCIES [3]:
COLLECTIVE LEARNING IN THE ORGANISATION ESP. HOW TO CO-ORDINATE
DIVERSE PRODUCTION SKILLS AND INTEGRATE MULTIPLE
STREAMS OF TECHNOLOGIES
SONY’S CAPACITY TO MINIATURIZE: TO BRING MINIATURIZATION TO
PRODUCTS, SONY MUST ENSURE THAT TECHNOLOGISTS, ENGINEERS AND
MARKETERS HAVE A SHARED UNDERSTANDING OF CUSTOMER NEEDS
AND TECHNOLOGICAL POSSIBILITIES.
CONTROL OVER CORE PRODUCTS IS CRITICAL TO SHAPE THE EVOLUTION
OF APPLICATIONS AND END MARKETS.
SONY REDUCED EMPHASIS ON VCRS WHERE SOUTH KOREANS WERE
MORE SUCCESSFUL.
BETAMAX VIDEO RECORDING STANDARD WAS A DISASTER.
SPENT MORE EFFORT ON THE 8MM CAMCORDER WHERE IT WAS NUMBER
2 AFTER MATSUSHITA.
REFERENCE [3]:
The Core Competence of a Corporation
Prahalad and Hamel
Harvar Business Review May-June 1990 (Also: HBR on Mc Kinsey Award Winners)
9. BUSINESS PROCESSES 1: TIME PACING [4]
TIME PACING: A STRATEGY FOR COMPETING IN FAST CHANGING
UNPREDICTABLE MARKETS BY SCHEDULING CHANGE AT PREDICTABLE
TIME INTERVALS.
SINCE INTRODUCTION OF THE WALKMAN IN 1979, SONY HAS RELEASED
KEY TECHNOLOGIES SUCH AS TAPE DRIVE MECHANISMS, HEADPHONES,
BATTERIES, ETC. AT 1 PER YEAR.
LAUNCHED 20 NEW MODELS PER YEAR
IN JAPAN WHERE COMPETITION WAS STRONG, PACING WAS VERY RIGID.
WHERE SONY HAS A POSITION OF STRENGTH, LESS VARIETY DUE TO
SLOWER PACE.
KEEPS MODELS IN MARKET PLACE LONGER THAN COMPETITORS.
LAUNCHED THE WALKMAN SIMULTANEOUSLY IN EUROPE, USA AND
JAPAN.
Reference [4]:
Time Pacing –Eisenhardt and Browne
Harvard Business Review March-April 1998
Also: HBR on Managing Uncertainity
10. BUSINESS PROCESSES 2: MODULARITY [4]
MODULARITY ALLOWED SONY’S WALKMAN SERIES TO TIME PACE ON
SCHEDULE.
BASED ON HOW DIFFERENT CUSTOMER GROUPS USE THE WALKMAN,
6 MODELS DESIGNED: PLAYBACK ONLY, PLAYBACK AND RECORD,
PLAYBACK AND TUNER, PROFESSIONAL PLAYBACK, PROFESSIONAL
PLAYBACK AND RECORD AND SPORTS.
STANDARD DESIGN ELEMENTS SUCH AS COLOR, STYLING AND
COMPONENTS LIKE BATTERIES WERE ADDED.
DEPENDING ON THE COMPETITIVE DYNAMICS IN THE MARKET, THE
COMPANY COULD CHOOSE BETWEEN FASTER BUT PARTIAL RE-DESIGN
OR A SLOWER BUT COMPLETE RE-DESIGN.
Reference [4]:
Time Pacing –Eisenhardt and Browne
Harvard Business Review March-April 1998
Also: HBR on Managing Uncertainity
11. BUSINESS PROCESSES 3: CO-EVOLUTION AND
PATCHING [5]
CO-EVOLUTION IS THE METHOD OF MAKING SYNERGIES IN BUSINESSES
WORK TOGETHER.
SONY SCORED A HIT IN 1990S WITH ‘MEN IN BLACK’. AROUND SAME
TIME, DISNEY CAME OUT WITH ‘LION KING’. THEY BOTH FOLLOWED VERY
DIFFERENT STRATEGIES TO MARKETING.
DISNEY USED SYNERGIES IN RETAIL AND SOLD LION KING THEMED
MERCHANDISE.
SONY’S MANAGERS WERE NOT ABLE TO PATCH THE BUSINESS ACROSS TO
THE RETAIL SIDE LIKE DISNEY.
SONY’S WALKMAN PRODUCTS DEPEND ON MEDIA CONTENT, BUT
CUSTOMERS ARE UNWILLING TO LISTEN TO SONY-PRODUCED MUSIC JUST
BECAUSE THEY HAVE A WALKMAN.
LONG DISTANCE RELATIONSHIPS BETWEEN MANAGERS FROM TOKYO TO
NEW YORK WERE DIFFICULT.
Reference [5]: Co-evolving: At Last A Way To Make Synergies Work
-Eisenhardt, Galvani
Jan-Feb 2000: Harvard Business Review
Also: HBR on Organisational Learning
12. BUSINESS PROCESSES 5: BRANDING [6]
SONY BRAND HOLDS CLEAR ADVANTAGE IN PRODUCT SUPERIORITY AND
MATCHES COMPETITORS LEVEL OF SERVICE.
SONY USES A TOP DOWN APPROACH TO BRANDING. THEY BEGIN WITH A
GLOBAL BRAND STRATEGY AND COUNTRY STRATEGIES FOLLOW FROM
THAT.
THE COUNTRY BRAND TEAM HAS THE BURDEN TO JUSTIFY ANY
DEPARTURES FROM THE GLOBAL BRAND STRATEGY.
BRAND CHAMPION: A SENIOR EXECUTIVE OR A CEO WHO SERVES AS THE
BRANDS PRIMARY ADVOCATE.
A BRAND CHAMPION HAS CREDIBILITY AND RESPECT.
LOGO OF SONY STANDS FOR HIGH LEVEL OF COMPETENCE, QUALITY
AND CARE FOR DETAIL SHARED BY ALL THE PRODUCTS THAT ARE SOLD
WITH THE SONY NAME.
Reference [6]:
The Lure of Global Branding
Aaker and Joachimsthaler Nov-Dec 1999 Harvard Business Review
Also: HBR or Marketing
13. BUSINESS PROCESSES 6: MANAGING THE VALUE
CHAIN [7]
SONY CORPORATION HAS ESTABLISHED MEGA STORES IN CITIES SUCH
AS CHICAGO, LONDON AND TOKYO.
SONY AUTHORISED SERVICE CENTERS AND SHOW ROOMS CAN BE
SEEN IN MOST MAJOR CITIES IN INDIA.
1994 SONY ANNOUNCED MEASURES FOR LEAN MANUFACTURING.
NO NEW MAJOR INNOVATIONS ANNOUNCED. THIS MARKED A
SIGNIFICANT SHIFT IN THE STRATEGY FOR SONY.
FOR RETAILING DVDS THROUGH BLOCKBUSTER, SONY DEVELOPED A
REVENUE SHARING AGREEMENT WHERE IN THE DVDS ARE SOLD TO
STORE OWNERS FOR A MEAGRE $3 AND 50% OF THE REVENUES ARE
COLLECTED BY SONY TRISTAR PICTURES.
Reference [7]:
From Lean Production to Lean Enterprise: Womack and Jones
March-April 1994 Harvard Business Review
Also: HBR on Managing the Value Chain
14. BUSINESS PROCESSES 6: SUPPLY CHAIN
MANAGEMENT[8]
WHEN MICROSOFT DECIDED TO ENTER THE VIDEO GAME MARKET, IT
CHOSE TO OURSOURCE HARDWARE PRODUCTION TO SINGAPORE
BASED FLEXTRONICS IN EARLY 2001.
FLEXTRONICS OUTSOURCED MANUFACTURING TO HIGH WAGE AND
HIGH SKILLED ECONOMIES IN MEXICO AND HUNGARY.
XBOX WAS FIRST TO LAUNCH IN 2001 AND GOT A GOOD HEADSTART.
THEREAFTER, SONY OFFERED DEEP DISCOUNTS ON THE PS2 GAMING
CONSOLE.
FLEXTRONICS SHIPPED ALL MANUFACTURING TO CHINA TO FURTHER
CUT COSTS AND REDUCE THE OFFERED PRICE OF XBOX.
BY 2003, XBOX HAD ARRESTED 20% SHARE OF THE VIDEO GAME
MARKET FROM PS2.
Reference [8]: The Triple A Supply Chain: Lu October 2004
Harvard Business Review
Also: HBR on Supply Chain Management