Meanwhile, the case study of Kodak will supplement to each aspect. The term of ‘disruptive technology’ was first coined by Harvard Business School professor Clayton M. Christensen and he suggested that it is a new technology that unexpectedly replaces the existed technology (Techtarget.com 2006). Carefully speaking, this kind of innovation means another different value network to the existed one and generates a niche market, which will eventually disrupt the existing value network and market (Wikipedia.org 2011). The explanation suggests that the disruptive technology is obviously a threat to the incumbent successful firms. It is undoubted that most successful firms have failed to compete with the entrant firms because of the disruptive technology.
Research Paper The Westmore Family of Hollywood FTDM 10123: History of Film 21 October 2011 No family name in the history of Hollywood spans more decades and was involved in more productions than the Westmore’s. The family has had four generations work as make-up artists since George Henry Westmore’s creation of the first make-up department in Hollywood in 1917. The family began their careers right as the film industry in Hollywood was transforming from a novelty into one of the most financially significant aspects in America. George Westmore moved to Los Angeles in 1917 where he got a job at Selig Polyscope Studios. Soon after, he founded the very first make-up and hair department at Metro pictures.
The chain operates throughout the United States and in Canada, home to more than 30 stores. Old Navy accounts for approximately 40 percent of The Gap, Inc.'s $15.8 billion in sales. Origins The Gap, Inc. represented one of the most impressive success stories in the history of the U.S. retail business. The clothing chain was founded by Donald G. Fisher, whose frustration at finding a pair of jeans that fit led him to open his own clothing store in 1969. Fisher, a successful real estate developer, was 40 years old when he opened the first Gap store near San Francisco State University and attracted crowds of customers a generation his junior.
He went from rags to riches, gaining a fortune of £500 ,000, equivalent to $25 million today. On August 3, 1792 Richard Arkwright died and was buried at Cromford, near his original mill. Thomas Edison Thomas Edison was born on February 11, 1847 in Milan, Ohio, a community that was the largest wheat shipping center in the world. He was born into the middle class, the seventh and last child of Samuel and Nancy Edison. As most boys did back then, Edison started working at an early age; he was a newsboy selling newspaper.
Being a natural salesman, he quickly advanced from his original salary of $5 a month, and by age 22, he was partners with his half-brother in a grain business and distillery (Encyclopedia of World Biography, 2004). It was through this business that he first met John D.
Arnold's father was a successful businessman, and the family moved in the upper levels of Norwich society. When he was ten, Arnold was enrolled in a private school -Centurbury, which was very nearby. He’s always expected that he would eventually go to Yale. However, the deaths of his siblings two years later made his family fortunes go down, since his father took up drinking. By the time he was fourteen, there was no money for private education.
In this paper I will describe the history and core business of these two companies, compare and contrast their approaches to management in the aspect of innovation, evaluate both companies’ approach to ethics and social responsibility, discuss their adaption to changing market conditions, and recommend ways a company can build in flexibility to back up its decision making progress in adapting to changing market conditions. History and Core Business “You press the button, we do the rest.” This was George Eastman’s advertising slogan for his Kodak camera when his company, Eastman Kodak Company, was founded in 1888 (Bellis, 2013). Before then Mr. Eastman was in the photographic business, having begun the commercial manufacture of dry plates in 1880 (Bellis, 2013). The next year he and his partner, Henry A. Strong, opened the Eastman Dry Plate Company.
Within a year of returning to Arkansas Clinton began his political career he ran for the House of Representatives but was defeated by a narrow margin of 52% to 48% by the incumbent, John Paul Hammerschmidt. However Clinton was undeterred and two years later was elected to be the Attorney General of the state of Arkansas. Two years after that in 1978 Clinton furthered his political career by getting elected as Governor of Arkansas becoming the youngest governor in the country at the age of 32. I find it truly amazing that he was able to accomplish so much by the age of 32, he had done more than many have in a life time, and when you take into account that he was in school until he was 27, you really see just how incredibly successful Clinton in just five years of completing his
Surprisingly you would think nothing would get in the way of this continuously booming brand, but the exact opposite happened in 1977 when the company filed bankruptcy. It tried to re-open stores afterwards still under the A&F name but tried to make more modern products for sportswear clothing.
A good example of a person who has combined the skills and abilities of a filmmaker with a background in history is Ken Burns. As a documentary filmmaker, he has pioneered the use of archival material and still photographs in historical documentary films. With this technique, he has made history very accessible to a broad audience. Along with archival material, he also uses interviews with experts on the time period. These interviews help to make the history come alive.