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Strategic Proposal - Phase 3 - Group Number - 14
Strategic Proposal - Phase 3 - Group Number - 14
Strategic Proposal - Phase 3 - Group Number - 14
GROUP
212053_14
invest their resources in staff training. , keeping them updated, with new ideas that
tactics and indicators that allow to know, that they require changes in the company
Next, the study and identification of the problems of the kodak photography
strategies.
OBJETIVES
GENERAL OBJETIVE
identify the problems in the kodak case and generate possible solution
strategies
SPECIFIC OBJETIVES
• Understand the article KODAK case and make a problem tree with problem,
causes and consequences of the situation faced by the company in the
case.
• Record and post to YouTube a 2-3 minute video billboard featuring the
problem of case firm, specifically mentioning.
• Development of the strategic proposal of the company in the case
DEVELOPMENT OF THE ACTIVITY
KODAK CASE
Lack of allies in the industry
Loss of clients
Unsustainable company
Lack of success
Leonard Navas G
212053_14
29 octubr
3. Record and post in YouTube a 2 - 3 minutes video where the student appears
himself with the hand draw billboard presenting in English the problem of the
company in the case, mentioning:
Link: https://youtu.be/SXKU_axMedM
Link:
3. Lilibeth Guerra
Link:
4. Andres Archila
Link:
Collaborative
6. Post the topic selection in the Discussion forum – Unit 2, according to the
following chart, also, identify who will be in charge of delivering the final
document at the Evaluation Environment:
This proposal is consolidated in the following chart and posted by each student in
the Discussion forum – Unit 2 at the Learning Environment:
STRATEGY PROPOSAL
Student name: Viviana Marcela Perez Gomez
Case title: KODAK CASE
7.3 All students in the group read the proposals from all members and decide
which one is the most suitable for the situation faced by the company in the
case and post the selection in the following chart at the Discussion forum –
Unit 2 (The selection will be done by the students who have participated at
least one week before the activity closes, or before if it is possible, other
students who appear later will accept the previous selection):
STRATEGY CHOICE
Group Number: 14
Student name Selected strategy
Student 1. Viviana Marcela Pérez G. Porter´s Generic Strategy – Focus
Student 2. Lilibeth Guerra Porter´s Generic Strategy – Focus
Student 3. Name
Student 4. Name
Student 5. Name
7.4. Each student reads and reviews the following reference for Unit 2 at the
Learning Environment: Masters, G. M. (2019). Simultaneous Short- Term and
Long-Range Planning: Does your organization have the right strategic plan?
According to the strategy chosen by the group to solve the situation in the
case, and extra information gathered from internet, the group drafts a
strategic plan to execute that strategy including (3) three goals, completing
the following chart:
STRATEGIC PLAN
CASE TITLE: KODAK CASE
GROUP NUMBER: 14
Selected Strategy short Adoption of this strategy requires Kodak to lower the prices
description: and use different marketing and promotional strategies to push
the sales in the existing customer market. The organization
offers various price discounts and deals, frequently runs the
promotional campaigns and offers the product in new attractive
packages to achieve sales growth target while staying in the
same market. Aggressive marketing tactics are required when
using this strategy in a competitive consumer market.
Company´s Mission: Kodak's mission is the manufacture and sale of goods and
services that generate the resources to meet the 3
fundamental objectives of the corporation: shareholder
satisfaction, customer satisfaction, employee satisfaction.
Company´s Vision: To continue being the undisputed leader in the image market.
7.5. Once the Strategic Plan is done, each student reads and reviews the
following references for Unit 2 at the Learning Environment: Kaplan, R. S., &
Norton, D. P. (2007). Using the Balanced Scorecard as a Strategic
Management System According to the tactics included in the strategic plan
developed previously, and extra information gathered from internet, the
group builds a Balanced Scorecard including two (2) indicators per goal for
each of the four (4) perspectives to control the execution of the new strategy
proposed for the workforce problem faced by the company, according to the
following chart:
BALANCED SCORECARD
CASE TITLE: KODAK CASE
GROUP NUMBER: 14
DATE: OCTOBER 27, 2020
Selected Strategy Adoption of this strategy requires Kodak to lower the prices and use
short description: different marketing and promotional strategies to push the sales in the
existing customer market. The organization offers various price discounts
and deals, frequently runs the promotional campaigns and offers the
product in new attractive packages to achieve sales growth target while
staying in the same market. Aggressive marketing tactics are required
when using this strategy in a competitive consumer market
Goal 1: Focus on Strategies/Tactics Financial Perspective:
overall strategy Objectives should focus Indicator 1: Generate cost savings
on the broader and efficiency.
organizational strategy Indicator 2: Improve profitability
This will facilitate the margin.
organization in keeping in
view the broader purpose Internal Business Process
and at the same time Indicator 1: Competitiveness
work towards achieving Indicators
quantifiable goals and Indicator 2: Productivity Indicators
objectives
By keeping in view Learning and Growth:
strategic focus, Eastman Indicator 1: Human capital: skills,
Kodak Company also talent and knowledge
maintains proximity with Indicator 2: Information capital:
the vision of the databases, information systems,
organization and works networks and technological
towards enhancing the infrastructure.
performance of the
organization Customer:
Indicator 1: Customer service and
satisfaction.
Indicator 2: Brand recognition.
CONCLUSIONS
The present work allowed us to understand in a practical, specific way and from
a real case how strategies influence so that a company remains current and
competitive in the market, taking into account the plan to execute it and the
Hales, G., & Mclarney, C. (2017). Uber’s Competitive Advantage vis-à-vis Porter’s
Generic Strategies. IUP Journal of Management Research, 16(4), 7–22. Retrieved
from: https://bibliotecavirtual.unad.edu.co/login?url=https://search-ebscohost-
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direct=true&db=buh&AN=126823931&lang=es&site=ehost-live
Jeyarathmm, M. Strategic Management. (pp. 122-130) Global Media, 2007.
ProQuest Ebook Central. Retrieved from: https://ebookcentral-proquest-
com.bibliotecavirtual.unad.edu.co/lib/unad-ebooks/reader.action?
docID=3011305&ppg=131