Archived posting to the Leica Users Group, 1998/07/09
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]>From: LEICAMAN56@aol.com >Date: Wed, 8 Jul 1998 23:33:30 EDT >Subject: Re: [Leica] Is Big Brother Listening? >Some bad news from Solms. S=F6nke Peters, M Product Manager and maintai= ner of >the Solms website, has left the company effective June 30th. He was a g= ood >friend and a strong supporter of the LUG and the LHSA. He will be sorel= y >missed. > >More bad news from Solms: Klaus Dieter Hoffman, CEO of Leica Camera, ha= s been >sacked. Apparently as a result of poor stock performance in the last tw= o >quarters. It seems that someone needed to take the blame. Rather unfai= r, >since most of Leica's stock woes can be directly traced to poor sales in= the >Pacific Rim. =20 Comment :I was told that the main reason is the S1 which is a primary strategic mistake justifying the sack of the CEO. No sales whereas costs of production have inflated dangerously.Why ? The S1 is an equipment good for museums, research centers, etc ; not for individuals. Now, since Leic= a is independent from the swiss holding, the target given to the former by the latter was the market of consumer goods.Instead of the S1, Leica woul= d have to produce the...marvelous Fuji MX-700, the digital camera Oskar Barnack would like to imagine. Another reason :poor sales in Germany and in France (the salesmanager of Leica France has been sacked) because of a lack of marketing management.I= n conclusion,i recommend to the Staff a careful reading of Kotler's book on the subject. Dominique Pellissier