Internal capabilities of Kodak

Kodak

Internal Analysis

Strengths and Weaknesses

Internal analysis of the organization 's strengths and weaknesses is one of the most critical aspects of evaluating the core competencies of the firm . The analysis of this type not only allows organization 's to identify its competencies which can further create competitive advantage for it

Kodak 's strength lies in the fact that it is a very well known and trusted brand with strong brand equity . Its products suit almost every niche of the market allowing consumers to purchase its high priced as

br well as low priced cameras . Its portable camera and poloride camera is still the market leader and as such its disposable camera is a market leader

However , Kodak is in a market which is fast changing and due to its historical superiority over traditional camera and other market , new companies have been able to produce more successful move into digital cameras thus erasing the need for having photo films produced by Kodak

VRIO Framework

VRIO Framework outline that if a firm 's resources are hard to imitate and are costly and somewhat rare , it becomes easier for firms to gain and manage its competitive advantage for longer period of time

Kodak 's Poloride Camera was one of the initiatives which provided it enough market power over others in this segment . However , that rarity of the product as well as superiority vanished with the introduction of electronic cameras and companies like Kodak has to adjust to a new environment and new...