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Bmec 21-Answers in Unit 1
Bmec 21-Answers in Unit 1
BSTM-3B
BMEC 21-TTH, 7:30-9:00AM
PRETEST
Directions: Read the following questions and encircle the letter of the correct answer.
ANSWER: THE FOUR POSITIVE STRATEGIC MOVES THAT FUJI MADE ARE;
FIRST-RATE TECHNOLOGY, A SOUND FINANCIAL FOOTING, A REPUTABLE
BRAND, AN EXCELLENCE IN ITS DIVERSE WORKFORCE. THESE FOUR
STRATEGIC THAT MADE BY FUJI IS HAD A GOOD MANAGEMENT RESOURCES.
ASSESSMENT
CASE STUDY ASSESSMENT Make an assessment on the Kodak Case that you have read.
What is the major lesson you can take away from this case study? Use the space for your
writing. Use the space below as your draft.
THE MAJOR LESSON THAT I CAN TAKE AWAY FROM THIS STUDY ARE;
Don't get trapped by your business model. One fatal flaw of Kodak's efforts in
photography is they primarily focused on photography.
Start innovating before you need to. "The challenge -- I call it 'The Innovator's
Paradox' -- is that when you have the freedom to change, you don't feel the
urgency.
Place multiple small bets, not just one big bet. "It's always hard to know which
idea is going to be 'The One,' especially in fast-changing industries.
Don't go it alone. "Almost every great company became great by beating back a
group of similarly minded startups.
According to Anthony: The lesson of Kodak is that innovation is just hard stuff,
and that even an insightful company can go wrong if it doesn't push far enough,
fast enough into uncomfortable territory.