TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

BUSINESS 101 What Went Wrong With Kodak?

Category: Tourism, Posted:25 Mar 2012 | 06:00 am

From industrial wunderkind to bankruptcy, most any business should take a look at the saga of what want very very wrong with the collapse of the once admired Kodak.
A useful analysis on the subject has come out of Knowledge@Wharton on where the train when off the tracks and plunged into perpetual purgatory.
Despite a roll call of innovations and leading technology, company leadership which was unable to change with the markets is the main catalyst for disaster.
Despite heavy investment into R & D (research and development), interaction with management at a higher level caused a short circuit.
There was no attempt to match business strategies with new products or establish needs (case in point is Apple – who really needs an iPad, very few. But who really want's one. Almost everyone).
Ultimately the company kept a foot in its comfort zone of old comfortable product rather than heading into the brace new digital world.
Lessons learned. Keep evaluating, changing and adapting business models on a fast track basis. Snooze and you lose or else end up in the land of the big sleep.

Other News

Read more

Direct Bali Phuket Flights Return in Phuket

Category: Hotels|Tourism, Posted:14 Jun 2024 | 08:15 am The once popular Phuket Bali flight route will see AirAsia restart direct flights from 10th August 2024. AirAsia Indonesia will be the carrier and flight frequency will be three times a week. Bali hosted nearly 600,000 international visitors in May with Australia ranking 22.5% share, followed by India with 11.3% and China on the rise […]
Read more

Registration Open for Mind the Gap – Women & Diversity in Hospitality – A Learning Event

Category: Hotels|Tourism, Posted:13 Jun 2024 | 09:55 am Diversity, inclusiveness, and equality are core issues for the hospitality industry. C9 Hotelworks and the Phuket Hotels Association have organized a learning event titled ‘Mind the Gap, Women & Diversity in Hospitality on Saturday 31st August at the SAii Laguna Phuket. Join us in this unique, candid, and insightful half-day session that takes a closer […]
Read more

Samui’s Booming Villa Rental Marketed Featured in New C9 Hotelworks Report

Category: Hotels|Real estate, Posted:11 Jun 2024 | 07:04 am Standalone villas shake up traditional hospitality supply as the market rises. Increasing demand for multi-bedroom accommodation growing, coupled with a preference for spacious and private villas according to new research from C9 Hotelworks in their new Samui Villa Rental Market Review. In recent years, private villas rented as vacation homes have emerged as a significant […]
SiaJai logo

Thailand's Leading Homecare Marketplace