Write a 525- to 700-word paper in which your team identifies 2-3 organizations that have missed opportunities for innovation and/ are on the verge of closing down because a more innovative competitor has overtaken the market.
Analyze innovative strategies that were missed by the organization, and explain how the organization either ignored or missed opportunities for innovation.
List and discuss 2-3 innovative strategies that the organization could use today to potentially rebuild its entrepreneurial culture.
Format your paper consistent with APA guidelines.
***Please write about Kodak as one organization and pick one other organization***
They were the largest photo printing company til the early 90s. Kodak failed and filed for bankruptcy in 2012 for the following reasons:
– Was overcome by Fuji and failed to adjust to competition.
– Failed to capitalize on digital camera as soon as they came out.
– Failed to adapt to shifting market – social media and smartphone reduced demand for print photo.
– Ventured into expensive printers when print needs were minimizing.
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