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Sony Playstation

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Sony Playstation
Sony play-station

Vision:To create exciting new digital entertainment experiences for consumers by bringing together cutting-edge products with latest generation content and services. | Mission:Sony is committed to developing a wide range of innovative products and multimedia services that challenge the way consumers access and enjoy digital entertainment. By ensuring synergy between businesses within the organisation, Sony is constantly striving to create exciting new worlds of entertainment that can be experienced on a variety of different products. Values:A key focus for Sony is to strengthen its all-important electronics business and maintain market leadership in high profile areas such as televisions, digital imaging, home video equipment and portable audio. To achieve this, Sony is pursuing three corporate initiatives: * The Customer Viewpoint Initiative emphasises the importance to staff of viewing Sony, its products and services from a customer perspective. * The Technology Nr. 1 Initiative focuses on reinforcing Sony’s cutting-edge technologies in the areas targeted for maximum investment of resources, including televisions, home video equipment, digital imaging equipment and Walkman®. * The 'Genba' Initiative aims at strengthening frontline operations (‘genba’ in Japanese) such as design locations, manufacturing facilities and sales offices.PEST analysis:PEST analysis stands for "Political, Economic, Social, and Technologicalanalysis" and describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. We added an L for legal issues, because in the gaming industry there are additional restrictions especially referring to the content.Political: * Different taxes and currencies → have impact on revenue * USK, PEGI (age restrictions)[ Unterhaltungssoftware Selbstkontrolle and Pan European Game Information] * provide easier software development kits (it was hard to program for the

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    A SWOT and PEST analysis indicates that economic and social circumstances are favourable for Sony’s products and during this time Sony’s traditional strengths such as its diversity, global presence and spirit of innovation have ensured that the company remains a key force but there also exists a number of weaknesses such as it’s culture of ‘super-excellence’, resistance to (internal) change, missed opportunities such as the MP3 player market & new gaming demographics and an over-reliance on the success of too few new products. Fortunately threats such as a HD-DVD/Blue-Ray standardisation war and competitor competition in the next round of the cyclic console war have been partially handled through alliances with other companies to attempt to maximise the potential demand for Sony products in these important sectors. However it is critical for Sony to recognise its weaknesses, taking appropriate action and continue to not only consider it’s current competitors but it must also keep an awareness of new emerging Asian competitors that we have termed ‘Chony’.…

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