Weaknesses	
  
	
  
• Kodak	
  has	
  small	
  share	
  in	
  market	
  
• Poor	
  strategic	
  decisions:	
  resistance	
  to	
  change,	
  
didn’t	
  move	
  to	
  digital	
  world,	
  didn’t	
  listen	
  to	
  
voices	
  within	
  company	
  
• Kodak	
  describes	
  benefits	
  of	
  film	
  in	
  the	
  same	
  
language	
  today	
  
• Plans	
  to	
  phase	
  out	
  of	
  the	
  market	
  for	
  dedicated	
  
capture	
  devices	
  (digital	
  cameras,	
  pocket	
  video	
  
cameras,	
  digital	
  frame	
  pictures)	
  
• Reviews	
  for	
  recently	
  launched	
  Kodak	
  IM5	
  
(simplistic	
  android	
  smartphone,	
  targeted	
  at	
  older	
  
people/	
  photography	
  enthusiasts)	
  already	
  
negative,	
  going	
  in	
  wrong	
  direction	
  &	
  not	
  taking	
  
full	
  advantage	
  of	
  market	
  
	
  
	
  
Opportunities	
  
	
  
• Build	
  customer	
  trust	
  in	
  digital	
  that	
  Kodak	
  already	
  
has	
  in	
  film	
  and	
  focus	
  on	
  core	
  business	
  
• Rebranding:	
  communication	
  and	
  stakeholder	
  
involvement	
  by	
  capturing	
  new	
  and	
  unique	
  
growth	
  opportunities	
  
• Develop	
  new	
  technologies	
  and	
  products	
  
• Adapt	
  with	
  consumers’	
  needs	
  and	
  perceptions	
  
• Kodak	
  can	
  refashion	
  itself	
  as	
  an	
  innovative	
  
technology	
  company	
  while	
  preserving	
  its	
  well-­‐
known	
  brand	
  
• Fastest	
  growing	
  part	
  of	
  printing	
  industry	
  is	
  3D	
  
• Digital	
  image,	
  new	
  alliance,	
  online	
  photo	
  sharing	
  
&	
  storage	
  
• Transform	
  into	
  more	
  agile	
  and	
  forward-­‐	
  thinking	
  
technology	
  company,	
  grow	
  power	
  relevance	
  of	
  
Kodak	
  &	
  value	
  in	
  marketplace	
  
• Communication	
  &	
  manipulation	
  of	
  images	
  will	
  
grow	
  in	
  relevance:	
  leverage	
  trustworthiness	
  to	
  
create	
  new	
  sources	
  of	
  value	
  
• Deliver	
  value	
  in	
  different	
  ways,	
  apply	
  design	
  
thinking	
  &	
  methodology	
  to	
  communications	
  &	
  
corporate	
  strategy	
  
• CONSUMER	
  
	
  
Threats	
  
	
  
• Commercial	
  printing	
  &	
  packaging	
  business	
  is	
  
highly	
  fragmented,	
  competitive	
  industry	
  
• Savvy	
  consumers	
  have	
  found	
  high	
  quality	
  and	
  
cheap	
  cartridges	
  for	
  ink	
  printers	
  
• Parts	
  of	
  printing	
  industry	
  are	
  declining	
  
• High	
  competitors	
  such	
  as	
  Fujifilm,	
  Sony,	
  Canon	
  
• Smartphones	
  continuing	
  to	
  erode	
  sales	
  of	
  
cameras	
  and	
  equipment	
  	
  
	
  
Strengths	
  
	
  
• Kodak	
  invented	
  the	
  digital	
  camera	
  (1975)	
  
• Built	
  on	
  a	
  culture	
  of	
  innovation	
  and	
  change	
  
• Specialty	
  ‘print-­‐on	
  demand’	
  
• ‘There’s	
  a	
  kind	
  of	
  emotional	
  connection	
  to	
  Kodak	
  
for	
  many	
  people;	
  it	
  became	
  a	
  curator	
  of	
  memories’	
  
• Delivering	
  leading	
  solutions	
  for	
  today’s	
  business	
  
customers	
  
• ‘Kodak	
  has	
  a	
  great	
  heritage	
  and	
  great	
  competency	
  
around	
  science	
  
• Stands	
  for	
  science	
  &	
  technology	
  
• Past	
  campaigns	
  involved	
  consumer	
  in	
  many	
  
ways:	
  what	
  should	
  be	
  photographed,	
  when	
  &	
  who	
  
(establishing	
  need	
  to	
  preserve	
  significant	
  
occasions)	
  
• Key	
  success	
  factors:	
  technological	
  capabilities,	
  
reputation	
  for	
  producing	
  high-­‐quality	
  optical	
  
devices	
  &	
  consumer	
  electronics,	
  multiple	
  
segments	
  of	
  industry	
  value	
  chain	
  
• Supply	
  Hollywood’s	
  six	
  major	
  studios	
  with	
  film	
  
• Film	
  business	
  is	
  mostly	
  symbol	
  of	
  old	
  Kodak	
  	
  

Swot analysis

  • 1.
        Weaknesses     • Kodak  has  small  share  in  market   • Poor  strategic  decisions:  resistance  to  change,   didn’t  move  to  digital  world,  didn’t  listen  to   voices  within  company   • Kodak  describes  benefits  of  film  in  the  same   language  today   • Plans  to  phase  out  of  the  market  for  dedicated   capture  devices  (digital  cameras,  pocket  video   cameras,  digital  frame  pictures)   • Reviews  for  recently  launched  Kodak  IM5   (simplistic  android  smartphone,  targeted  at  older   people/  photography  enthusiasts)  already   negative,  going  in  wrong  direction  &  not  taking   full  advantage  of  market       Opportunities     • Build  customer  trust  in  digital  that  Kodak  already   has  in  film  and  focus  on  core  business   • Rebranding:  communication  and  stakeholder   involvement  by  capturing  new  and  unique   growth  opportunities   • Develop  new  technologies  and  products   • Adapt  with  consumers’  needs  and  perceptions   • Kodak  can  refashion  itself  as  an  innovative   technology  company  while  preserving  its  well-­‐ known  brand   • Fastest  growing  part  of  printing  industry  is  3D   • Digital  image,  new  alliance,  online  photo  sharing   &  storage   • Transform  into  more  agile  and  forward-­‐  thinking   technology  company,  grow  power  relevance  of   Kodak  &  value  in  marketplace   • Communication  &  manipulation  of  images  will   grow  in  relevance:  leverage  trustworthiness  to   create  new  sources  of  value   • Deliver  value  in  different  ways,  apply  design   thinking  &  methodology  to  communications  &   corporate  strategy   • CONSUMER     Threats     • Commercial  printing  &  packaging  business  is   highly  fragmented,  competitive  industry   • Savvy  consumers  have  found  high  quality  and   cheap  cartridges  for  ink  printers   • Parts  of  printing  industry  are  declining   • High  competitors  such  as  Fujifilm,  Sony,  Canon   • Smartphones  continuing  to  erode  sales  of   cameras  and  equipment       Strengths     • Kodak  invented  the  digital  camera  (1975)   • Built  on  a  culture  of  innovation  and  change   • Specialty  ‘print-­‐on  demand’   • ‘There’s  a  kind  of  emotional  connection  to  Kodak   for  many  people;  it  became  a  curator  of  memories’   • Delivering  leading  solutions  for  today’s  business   customers   • ‘Kodak  has  a  great  heritage  and  great  competency   around  science   • Stands  for  science  &  technology   • Past  campaigns  involved  consumer  in  many   ways:  what  should  be  photographed,  when  &  who   (establishing  need  to  preserve  significant   occasions)   • Key  success  factors:  technological  capabilities,   reputation  for  producing  high-­‐quality  optical   devices  &  consumer  electronics,  multiple   segments  of  industry  value  chain   • Supply  Hollywood’s  six  major  studios  with  film   • Film  business  is  mostly  symbol  of  old  Kodak