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Polaroid successes and failures

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Page 1: Polaroid successes and failures
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Polaroid Corporation is an American-based

international consumer electronics and eyewear

company, originally founded in 1937 by Edwin H.

Land. It is most famous for its instant film cameras,

which reached the market in 1948.

- was an American scientist and inventor

- invented Polaroid film

- has patent applications over 500

- established Polaroid Corporation in 1937

Page 3: Polaroid successes and failures

- Polaroid made a deal with navy.

- By 1942 the wartime economy had tripled

Polaroid's size.

- Polaroid produced a number of other

products for the Armed Forces

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- About 1 million films

- Polaroid expanded to Japan

- The first color Polaroid film

came into stores in 1963.

- monopoly in the market

-21,000 employees

- sale increase by 20 % and

reached $500 million

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what is core competency?

Core competency defined as a unique ability that

a company acquires its founders or develops that

cannot be easily imitated.

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- innovative

- foresight

- creative

- social skills

-Motivation

-…

"An essential aspect of creativity is no

being afraid to fail"

Edwin LAND

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Gillettes’ Razor&Blades

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The system couldn’t renew itself. This led them

into bankruptcy.

Polaroid shares decreased from $60 to 28 cent

on the New York Stock Exchange

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Second bankruptcy (2008)

Polaroid achieved to shine even in the worst

period.It branded LCDs and plasma televisions

and portable DVD players appeared on the

market. So, their brand name survived.

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-The new holding corporation for Polaroid, PLR IP

Holdings in 2009.

-Completely, they adapted to digital age via Polaroid

PoGo™ and Polaroid Two.

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-Be quick !

- Focus on values, not products

- Stay creative

- new strategy, same business model

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