Nobody downloaded yet

Analysis of Innovation at Panasonic - Research Paper Example

Comments (0) Cite this document
Summary
Innovation at Panasonic 1) Panasonic is one of the most renowned companies of the world, ranked number 89 according to Forbes in terms of its size and revenue. The Japanese company was found in 1918 and is one of the biggest electronics manufacturers in the industry…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.3% of users find it useful
Analysis of Innovation at Panasonic
Read TextPreview

Extract of sample "Analysis of Innovation at Panasonic"

Download file to see previous pages It promotes a very environmentally friendly image which is a positive and helpful point in promotional activities (Forbes, 2011; Panasonic Website, 2011). When discussing the company’s rich profile of successful products even in today’s competitive world with equally good competitors like Sony, Samsung, Toshiba and Canon, Panasonic has been a very technologically sound and growing firm with consistent improvement and innovation in its products. Panasonic owes much of its success to it Research and Development Centre which has helped it in creating technology oriented products that were a success. Some of these products include SD Memory cards and DVDs. Their Usability Centers established all over the world ensure that the products features and functionality is perfectly in line with the expectations of the company and the consumer. With the help of these, the products that are sold to the final user are competitive and successful in terms of their usage. Panasonic has been successful at gauging consumer insight and boosting sales due to its impressive technological advancements, producing products that amaze consumers and competitors in the technological industry (Panasonic Annual Report, 2011; Panasonic Website, 2011). ...
Panasonic wants to reduce wastage and increase efficiency in its processes. It wants to reduce its costs and believes that recycling products will bring an environmental protection to the world as a whole. Panasonic is showing its initiatives that it has taken for its “Green Business Innovation” for conservation of energy and efficiently utilizing resources available. Panasonic wants to convert most of this world into a 3D phenomenon which includes personal and professional lives of people. The company has set up a Panasonic Booth for showcasing its plans for becoming the best Green Business Innovator by 2018. The booth constitutes of an Eco Corner which emphasizes on the creation of solutions based on energy conservation usage and storage. The ultimate goal of the eco corner is to promote a lifestyle which is ‘greener’. The Panasonic booth also has a 3D HD presentation wall that airs the full line of products of Panasonic which are 3D solutions, and appear to be a great experience for those who visit. There is also a Digital Imagery corner and Television Internet service providers followed by a Home theatre corner, AV Solutions and Energy Solutions Zone, all promoting Green Business Innovation. The company’s Annual Report 2011 has shown a steady increase in its Sales all over the world owing to the cutting edge technology usage and its effective promotion. The company was involved in aggressive selling throughout the year and made its way because of its latest digital AVC Networks that constitute of the latest technology products such as camcorders, digital cameras, DVDs, Blue ray technology and other recording/storage items. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Analysis of Innovation at Panasonic Research Paper”, n.d.)
Analysis of Innovation at Panasonic Research Paper. Retrieved from https://studentshare.org/business/1446150-analysis-of-innovation-at-panasonic
(Analysis of Innovation at Panasonic Research Paper)
Analysis of Innovation at Panasonic Research Paper. https://studentshare.org/business/1446150-analysis-of-innovation-at-panasonic.
“Analysis of Innovation at Panasonic Research Paper”, n.d. https://studentshare.org/business/1446150-analysis-of-innovation-at-panasonic.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Analysis of Innovation at Panasonic

Innovation

...the tendency for innovation in creating a competitive advantage for generating a higher level of profitability. A model for strategic decision making was developed by Seaden, Guolla, Doutriaux & Nash (2003) relating business environment variables (i.e. rapid technological change, competitive threats, consumer/competitor predictability, number of suppliers, and material obsolescence) and business strategy variables (i.e. human resources, marketing, and technology), to the resultant variables (i.e. competitive advantage and profitability), through innovative practices in business and technology. The model is depicted in the diagram following. Conceptual model for analysis of...
19 Pages(4750 words)Literature review

Innovation and Leadership- Critical Analysis

...? Innovation and Change Table of Contents Introduction 3 Leadership and its importance 4 Innovation and Leadership- Critical Analysis 7 Conclusion 12Reference 16 Introduction Due to its ability to have wide spread impact, innovation has emerged as an essential topic in the study of economics, entrepreneurship, business and technology. Innovation aids comfort, convenience and efficiency of everyday life in society. With the world getting increasingly globalised along rapid strides in technological development organizations are exposed to cut throat competition and global competitive pressures. Consequently organizations are increasingly faced with the need...
14 Pages(3500 words)Assignment

Innovation

...? Innovation Contents Contents 2 Introduction 3 Current Business Situation 3 Stakeholders 6 Recommendation 6 Implementation 8 Reference 10 Introduction The creating of an organization is fundamental to the process of innovation. Innovation itself constitutes the part of a system that produces it. Therefore, the ability of an organization to innovate utilizing its resources and technology is an important condition for the success of any organization. But the introduction of new technology often creates a complex situation for the organizations which leads to the changes in managerial practices within the organization and also emergence of new forms (Lam, 2004, p.3). In the...
4 Pages(1000 words)Term Paper

Panasonic- Participation Strategy in Brazil

...and a reduction in the overall production costs (Strange 2002, p.296). Thereby, Panasonic opted for the establishment of an overseas factory as an entry mode in Brazil. There are many advantages of a Greenfield venture such as this, as discussed previously. Fortunately Panasonic had the resources and the experience it needed to set up an overseas plant in Brazil. The change in the policy favouring the entry of foreign firms, along with the capital at disposable, made establishment of the plant a preferred mode of entry. However, the drawback of this mode of entry, as explained theoretically, manifested itself practically in the operations of Panasonic. Reference List Anonym (2008). An...
4 Pages(1000 words)Essay

Panasonic supply chain security

...to ensure that the management staff can be able to monitor goods from the time they are loaded into the vehicle up to the moment they are offloaded at the destination of the vehicle. This security measure helps to guarantee to a great percentage the safety of goods and to ensure that the entire load arrives at its destination safe and sound. Inspection solution is another way that Panasonic provides security to its clients during a transportation process. Software driven Toughbook mobile computers is an innovative method of securing sustenance during transportation of goods. The gadget is GPS enabled and has a wireless connection to ensure remote connectivity and monitoring of large trucks or mobile...
6 Pages(1500 words)Essay

Panasonic

... business by 1922. It was in May 2003 that the officials decided that “Panasonic” would be the global brand name for all products of the company, with brand slogan as “Panasonic ideas for life” (Panasonic, 2013c). Panasonic was already the brand name for the companies’ loud speakers back in 1955, and that is why it was named “pan” and “sonic”. Panasonic became the national brand name in the last decade, and all outdoor signs were also altered correspondingly. Now, Panasonic has become a corporate brand that offers a wide variety of spectacular products and services. With hard work, dedication and innovation as the founding principles of the company, Panasonic has become one of the giant companies that offer a myriad of products... that are...
9 Pages(2250 words)Essay

Innovation

...Innovation A technology driven company is an organization whose main objective is to come up with better technology (During, Oakey, &Kauser, 2005). This is what attracts customers to these organizations, furthermore an example of a technology driven organization is Esri international and Apple. A market driven company ensures that it is able to get market for their products by focusing on the market and customers. For example, Cisco is a market driven company. The company’s every decision is based on its customers, and it always tries to ensure that the customers benefit from their products and strategies. The main difference between technology driven and innovative driven companies is that technology...
1 Pages(250 words)Essay

Innovation

...Participation in Open Innovation Project May 28, Table of Contents Introduction 7 Introduction 7 1. Definition and evolution of open innovation 7 1.2. Stages in open innovation projects 9 1.3. Types of open innovation 11 2. Participation in openIDEO 11 2. Participation in openIDEO 11 2.1. Details of my participation 13 3. Conclusions 17 3. Conclusions 17 References 19 References 19 Appendix 23 Appendix 23 List of Figures A.1. Home page of the project (OpenIDEO, 2014) 23 A.2. List of my activities in the forum 25 A.3. Screen shot of my first post on the forum 27 A.4. Another post in the forum 27 A.5. First step in the idea submission process 27 A.6. Second step in completing the form 29 A.7. Last step in completing the form 31 A.8... . The...
6 Pages(1500 words)Assignment

Innovation

...change, technology such as workplace surveillance results in timely completion of tasks with improved efficiency and effectiveness. However, these desired organisational goals of implementing this technology should mind the values and norms or the employees. Failure to take this into account will render the organisation less appealing to work in resulting in high employee turnover. Needs Analysis The principle of technological determinism portends that employees will change their social structures and values based on the existing technologies. In order for the manager to introduce the new technology and follow this principle, it is critical to analyse a few steps that will achieve the desirable changes from the...
8 Pages(2000 words)Essay

Case Analysis: Panasonic and Japan's Changing Culture

...Case Analysis: Panasonic and Japan's Changing Culture Summary The case offers an insight into the consumer electronics giant Company Panasonic and how it has for so many years been at the forefront of the rise of Japan as a nation to the status of one of the major economic power. The case outlines the existing traditional business cultures of customer loyalty and hard work among employees that help star many companies to prosperity for years. In return companies offered all stakeholders proper benefits as incentives in housing, salaries and general well -being. In critical analysis the case, study it provides for evidence of relationship between cultures in a society...
3 Pages(750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Analysis of Innovation at Panasonic for FREE!

Contact Us