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What Went
Wrong???
By: Hiritansh and Reetika
Mentored by: Shubham Goyal
Agenda.
Company 1
2
01 What Went
Wrong?
02 Lessons to
Learn
03
Company 2
04 Rise and Fall
05 What Went
Wrong?
06
Guess the
Brand.
-Formerly known as Research in Motion
-Specialized in secure communications
and mobile productivity
-At its peak in September 2011, there
were 85 million subscribers
-Gained market share in the mobile
industry by concentrating on email
-Also had a famous messenger that
dominated th market before Whatsapp
3
About
From 2000 onwards, BlackBerry released a slew of phones, each
building on from the last, adding in new features, improved specs, and
better technology. The company’s presence grew, mostly powered by
businesses looking to improve the productivity of their workforces, and
by the close of the mid-2000s, BlackBerry was not only the biggest
phone brand on the planet but it was also one of the fastest-growing
businesses on the market.
In 2009, BlackBerry was named the fastest-growing business on the
planet. “Thanks to a big rise in the popularity of its Blackberry
handsets,” noted the BBC, “profits at RIM have grown 84% over the
past three years, while its revenues have expanded 77%, and it has
seen a total return of 45%.” During the same period of time, Apple was
ranked 39th and Google 68th.
About
In the mid-2000s, BlackBerry essentially brought on-the-go-email to the
masses. Prior to this, you needed to be at a work station or on your
laptop. Other phones did do email. But not quite as well as BlackBerry,
as RIM really dived deep on the BlackBerry’s email capabilities in order
to make it the benchmark by which all other mobile devices were
compared.
Helped in no small part by the fact that ALL BlackBerry phones had
physical QWERTY keyboards, RIM’s mobile business grew and grew,
dwarfing its competitors and making brands like Nokia fret about their
market share. And most of RIM’s initial surge in growth was powered by
business users. Once BlackBerry started going after consumers too,
things really started to take off…
About
Take this report from GFK in 2010: BlackBerry handsets accounted for
28.2% of all smartphone sales in 2010. On top of this, RIM also
managed to gain 36% of the Christmas sales, with over 500,000 sales
for the period. During this time, RIM’s BlackBerry App World also grew
500% year on year, although it still only had around 17,000 apps (more
on this later, though).
What Went Wrong???
Fall of a Giant
From 2000 onwards, BlackBerry released a slew of phones, each
building on from the last, adding in new features, improved specs, and
better technology. The company’s presence grew, mostly powered by
businesses looking to improve the productivity of their workforces, and
by the close of the mid-2000s, BlackBerry was not only the biggest
phone brand on the planet but it was also one of the fastest-growing
businesses on the market.
In 2009, BlackBerry was named the fastest-growing business on the
planet. “Thanks to a big rise in the popularity of its Blackberry
handsets,” noted the BBC, “profits at RIM have grown 84% over the
past three years, while its revenues have expanded 77%, and it has
seen a total return of 45%.” During the same period of time, Apple was
ranked 39th and Google 68th.
Key
Reason 1.
Steve
Jobs
Co-Founder and then CEO,
Apple
Remember the Day
9th January 2007
13
The moment Steve Jobs showed the iPhone
off, though, every other company suddenly
had to contend and compete with it. And
very much in public. Every reaction, every
step, every misstep, all under a giant,
glaring spotlight.
Key
Reason 2.
Ignoring
Touchscreen
And Sticking to the Keyboard
See the Phone and Guess
When It was Released?
17
The Qwerty keyboard was instrumental in the fall of the
BlackBerry. BlackBerry held a rigid determination to keep
a physical Qwerty keyboard on their devices. The Qwerty
took up prime real estate that could have otherwise been
used by a screen. They stuck with the design and banking
on their past success with “lightning fast” emails and
instant messaging.
Unfortunately, their physical keyboard was static. It
couldn’t modify itself to adjust for a user’s behavior or an
app’s requirements. Smartphones that you see today don’t
have that problem.
Competing for the same market, Apple included a full
touchscreen interface on their iPhone. It covered the face,
corner to corner, side to side. Their approach stuck and
added to the BlackBerry downfall.
Key
Reason 3.
BlackBerry
OS
And it’s app store
See the Phone and Guess
When It was Released?
20
• RIM, like apple, created an app store for their devices which was called
the Blackberry App World store (later Blackberry store), but unlike
apple, it was not successful as it failed to attract developers to develop
apps for their platform.
• Blackberry OS provided a good functionality browser, but it was very
slow and loaded the wallpapers and pictures too slowly, which
sometimes irritates the users.
• Blackberry mainly focused its OS on corporate users. They forgot their
daily average users, and because of that, many users get bored fast
using their devices which also made users not stick with their devices
for too long.
• Blackberry forced people to invest in their company by buying and
installing their enterprise software in phones to tap into the device's
full potential.
• Less open sources than any android made it difficult for developers to
develop.
Lessons to learn.
Adapt Improvise overcome
This line from US Marine Corporation and is a real Mantra about how to Survive
in a Competitive Market
INVEST IN
RESEARCH
ANTICIPATE
CHANGE
BE FLEXIBLE
UNDERSTAND
THE MARKET
23
Innovation is the ability
to see change as an
opportunity not a threat.
“
STEVE JOBS
24
About Kodak
Kodak is an American company popularly known for
making printing machines, films, camera, etc. Its main
business segments are Print Systems, Enterprise Inkjet
Systems, Micro 3D Printing and Packaging, Software
and Solutions, and Film. It is best known for
photographic film products.
For nearly a century Kodak completely owned the
nostalgia market
The Rise
Kodak followed the razor and blades business model of selling
inexpensive cameras and making large margins from consumables –
film, chemicals, and paper. As late as 1976, Kodak commanded 90%
of film sales and 85% of camera sales in the U.S.
Flow of
events
28
01
Business strategy that
says to the customer,
"You push the button
and we do the rest”
02
Acquired whole bunch
of camera companies
and became dominant
in camera and films
market.
03
Vertical integration-
You bought your Kodak
camera where you put
Kodak film inside and-
Well if you brought your
film in to get it
developed, you brought
it to a Kodak store
04
HIT Products -
cameras like the
Brownie and the
Instamatic, to
engineering feats in
film like Kodachrome
and Ektachrome were
a hit.
05
Founded by George
Eastman and Henry A.
Strong in 1888 with a
vision for camera to be as
easy to use as the pencil
• Employment peaked in the
eighties at like 150,000. This
wasn't just a fortune 500
company, this was a fortune
50 company.
• Diversification-
• Because of the chemicals
used in film, they also
developed blood analyzers,
x-rays, pharmaceutical
manufacturing and copiers
29
The Fall
30
Avoiding the Transition to digital
signaled the beginning of
Kodak’s decline
Flow of
events
31
01
By the time the 90s,
push into digital was in
full force. CEO Georg
Fischer(1993 to 1999)
pumped $2 billion into
research and
development for digital
technology.
02
FAILED PRODUCTS -
And each attempt was
a flop whether it was
the massively
overpriced DCS 100,
the photo CD , DC 20,
an incredibly cheap
camera , disc camera
03
Selling its entire office
imaging business, its
digital printer and copier
division and turning its
chemical division into
Eastman Chemical to
pay debt
04
In 1987, the company
employed 145,000
people at its enormous
facility in Rochester. 20
years later in 2020, that
number has fallen all
the way down to 4,900
and it keeps on
shrinking
05
DIGITAL CAMERA - In
1976 Kodak engineer
Steven Sasson, invented
the prototype for digital
camera.
In 2003, under new CEO Antonio Pérez,,the company once again made the
claim that Kodak would become the leader in digital cameras. Kodak is
back!
BUT
They didn't have the right culture to sell cameras. Margins related to the use of
digital cameras are a disaster as Film generates a profit of as much as 70 cents
on the dollar. Digital imaging might make a nickel.
“
32
• Kodak had a 27% market-leading share in 1999 that
dropped to 15% by 2003. In 2007, Kodak was No. 4 in
U.S. digital camera sales with a 9.6% share, and by
2010, they held 7% in seventh place
behind Canon,Sony,Nikon and others.
• With the failure to successfully pivot to digital complete,
on January 19th, 2012 Kodak filed for bankruptcy.
“
33
•Missed Opportunities in digital
photography
•Strategic failure to execute.
Fear of cannibalizing that core
business, of killing the golden
goose
Ignoring Market research
Digital cameras are low barrier to entry
market with tight margins
Japanese competitor Fujifilm entered
the U.S. market with lower-priced film
and supplies
•Fuji went from a 10% share in the
early 1990s to 17% in 1997
Way Forward
• In January 2013, the Court approved financing for Kodak to emerge
from bankruptcy by mid 2013.
• Kodak sold many of its patents for approximately $525,000,000 to a
group of companies.
• On September 3, 2013, the company emerged from bankruptcy having
shed its large legacy liabilities and exited several businesses.
• Crypto company.-Kodak is launching its own cryptocurrency
KodakCoin. The cryptocurrency system will allow photographers to
register work that they can license and then receive payment.
• And now apparently it's a Pharmaceutical company.-In 2020, the
American film giant has made headlines for it's foray into, of all things,
pharmaceuticals. Specifically to treat COVID-19, with the help of the
$765 million U.S. government loan.
36
Thank you.

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What Went Wrong.pptx

  • 1. What Went Wrong??? By: Hiritansh and Reetika Mentored by: Shubham Goyal
  • 2. Agenda. Company 1 2 01 What Went Wrong? 02 Lessons to Learn 03 Company 2 04 Rise and Fall 05 What Went Wrong? 06
  • 3. Guess the Brand. -Formerly known as Research in Motion -Specialized in secure communications and mobile productivity -At its peak in September 2011, there were 85 million subscribers -Gained market share in the mobile industry by concentrating on email -Also had a famous messenger that dominated th market before Whatsapp 3
  • 4.
  • 5. About From 2000 onwards, BlackBerry released a slew of phones, each building on from the last, adding in new features, improved specs, and better technology. The company’s presence grew, mostly powered by businesses looking to improve the productivity of their workforces, and by the close of the mid-2000s, BlackBerry was not only the biggest phone brand on the planet but it was also one of the fastest-growing businesses on the market. In 2009, BlackBerry was named the fastest-growing business on the planet. “Thanks to a big rise in the popularity of its Blackberry handsets,” noted the BBC, “profits at RIM have grown 84% over the past three years, while its revenues have expanded 77%, and it has seen a total return of 45%.” During the same period of time, Apple was ranked 39th and Google 68th.
  • 6. About In the mid-2000s, BlackBerry essentially brought on-the-go-email to the masses. Prior to this, you needed to be at a work station or on your laptop. Other phones did do email. But not quite as well as BlackBerry, as RIM really dived deep on the BlackBerry’s email capabilities in order to make it the benchmark by which all other mobile devices were compared. Helped in no small part by the fact that ALL BlackBerry phones had physical QWERTY keyboards, RIM’s mobile business grew and grew, dwarfing its competitors and making brands like Nokia fret about their market share. And most of RIM’s initial surge in growth was powered by business users. Once BlackBerry started going after consumers too, things really started to take off…
  • 7. About Take this report from GFK in 2010: BlackBerry handsets accounted for 28.2% of all smartphone sales in 2010. On top of this, RIM also managed to gain 36% of the Christmas sales, with over 500,000 sales for the period. During this time, RIM’s BlackBerry App World also grew 500% year on year, although it still only had around 17,000 apps (more on this later, though).
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  • 11. Fall of a Giant From 2000 onwards, BlackBerry released a slew of phones, each building on from the last, adding in new features, improved specs, and better technology. The company’s presence grew, mostly powered by businesses looking to improve the productivity of their workforces, and by the close of the mid-2000s, BlackBerry was not only the biggest phone brand on the planet but it was also one of the fastest-growing businesses on the market. In 2009, BlackBerry was named the fastest-growing business on the planet. “Thanks to a big rise in the popularity of its Blackberry handsets,” noted the BBC, “profits at RIM have grown 84% over the past three years, while its revenues have expanded 77%, and it has seen a total return of 45%.” During the same period of time, Apple was ranked 39th and Google 68th.
  • 12.
  • 13. Key Reason 1. Steve Jobs Co-Founder and then CEO, Apple Remember the Day 9th January 2007 13
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  • 16. The moment Steve Jobs showed the iPhone off, though, every other company suddenly had to contend and compete with it. And very much in public. Every reaction, every step, every misstep, all under a giant, glaring spotlight.
  • 17. Key Reason 2. Ignoring Touchscreen And Sticking to the Keyboard See the Phone and Guess When It was Released? 17
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  • 19. The Qwerty keyboard was instrumental in the fall of the BlackBerry. BlackBerry held a rigid determination to keep a physical Qwerty keyboard on their devices. The Qwerty took up prime real estate that could have otherwise been used by a screen. They stuck with the design and banking on their past success with “lightning fast” emails and instant messaging. Unfortunately, their physical keyboard was static. It couldn’t modify itself to adjust for a user’s behavior or an app’s requirements. Smartphones that you see today don’t have that problem. Competing for the same market, Apple included a full touchscreen interface on their iPhone. It covered the face, corner to corner, side to side. Their approach stuck and added to the BlackBerry downfall.
  • 20. Key Reason 3. BlackBerry OS And it’s app store See the Phone and Guess When It was Released? 20
  • 21. • RIM, like apple, created an app store for their devices which was called the Blackberry App World store (later Blackberry store), but unlike apple, it was not successful as it failed to attract developers to develop apps for their platform. • Blackberry OS provided a good functionality browser, but it was very slow and loaded the wallpapers and pictures too slowly, which sometimes irritates the users. • Blackberry mainly focused its OS on corporate users. They forgot their daily average users, and because of that, many users get bored fast using their devices which also made users not stick with their devices for too long. • Blackberry forced people to invest in their company by buying and installing their enterprise software in phones to tap into the device's full potential. • Less open sources than any android made it difficult for developers to develop.
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  • 23. Lessons to learn. Adapt Improvise overcome This line from US Marine Corporation and is a real Mantra about how to Survive in a Competitive Market INVEST IN RESEARCH ANTICIPATE CHANGE BE FLEXIBLE UNDERSTAND THE MARKET 23
  • 24. Innovation is the ability to see change as an opportunity not a threat. “ STEVE JOBS 24
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  • 26. About Kodak Kodak is an American company popularly known for making printing machines, films, camera, etc. Its main business segments are Print Systems, Enterprise Inkjet Systems, Micro 3D Printing and Packaging, Software and Solutions, and Film. It is best known for photographic film products. For nearly a century Kodak completely owned the nostalgia market
  • 27. The Rise Kodak followed the razor and blades business model of selling inexpensive cameras and making large margins from consumables – film, chemicals, and paper. As late as 1976, Kodak commanded 90% of film sales and 85% of camera sales in the U.S.
  • 28. Flow of events 28 01 Business strategy that says to the customer, "You push the button and we do the rest” 02 Acquired whole bunch of camera companies and became dominant in camera and films market. 03 Vertical integration- You bought your Kodak camera where you put Kodak film inside and- Well if you brought your film in to get it developed, you brought it to a Kodak store 04 HIT Products - cameras like the Brownie and the Instamatic, to engineering feats in film like Kodachrome and Ektachrome were a hit. 05 Founded by George Eastman and Henry A. Strong in 1888 with a vision for camera to be as easy to use as the pencil
  • 29. • Employment peaked in the eighties at like 150,000. This wasn't just a fortune 500 company, this was a fortune 50 company. • Diversification- • Because of the chemicals used in film, they also developed blood analyzers, x-rays, pharmaceutical manufacturing and copiers 29
  • 30. The Fall 30 Avoiding the Transition to digital signaled the beginning of Kodak’s decline
  • 31. Flow of events 31 01 By the time the 90s, push into digital was in full force. CEO Georg Fischer(1993 to 1999) pumped $2 billion into research and development for digital technology. 02 FAILED PRODUCTS - And each attempt was a flop whether it was the massively overpriced DCS 100, the photo CD , DC 20, an incredibly cheap camera , disc camera 03 Selling its entire office imaging business, its digital printer and copier division and turning its chemical division into Eastman Chemical to pay debt 04 In 1987, the company employed 145,000 people at its enormous facility in Rochester. 20 years later in 2020, that number has fallen all the way down to 4,900 and it keeps on shrinking 05 DIGITAL CAMERA - In 1976 Kodak engineer Steven Sasson, invented the prototype for digital camera.
  • 32. In 2003, under new CEO Antonio Pérez,,the company once again made the claim that Kodak would become the leader in digital cameras. Kodak is back! BUT They didn't have the right culture to sell cameras. Margins related to the use of digital cameras are a disaster as Film generates a profit of as much as 70 cents on the dollar. Digital imaging might make a nickel. “ 32
  • 33. • Kodak had a 27% market-leading share in 1999 that dropped to 15% by 2003. In 2007, Kodak was No. 4 in U.S. digital camera sales with a 9.6% share, and by 2010, they held 7% in seventh place behind Canon,Sony,Nikon and others. • With the failure to successfully pivot to digital complete, on January 19th, 2012 Kodak filed for bankruptcy. “ 33
  • 34. •Missed Opportunities in digital photography •Strategic failure to execute. Fear of cannibalizing that core business, of killing the golden goose
  • 35. Ignoring Market research Digital cameras are low barrier to entry market with tight margins Japanese competitor Fujifilm entered the U.S. market with lower-priced film and supplies •Fuji went from a 10% share in the early 1990s to 17% in 1997
  • 36. Way Forward • In January 2013, the Court approved financing for Kodak to emerge from bankruptcy by mid 2013. • Kodak sold many of its patents for approximately $525,000,000 to a group of companies. • On September 3, 2013, the company emerged from bankruptcy having shed its large legacy liabilities and exited several businesses. • Crypto company.-Kodak is launching its own cryptocurrency KodakCoin. The cryptocurrency system will allow photographers to register work that they can license and then receive payment. • And now apparently it's a Pharmaceutical company.-In 2020, the American film giant has made headlines for it's foray into, of all things, pharmaceuticals. Specifically to treat COVID-19, with the help of the $765 million U.S. government loan. 36