Discuss imaxs business strategy

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Reference no: EM131853520

You are looking for a solution to the IMAX: Larger Than Life Ivey Case. The questions I have to answer are:

1.Analyze IMAX's general and industry enviroments and identify the opportunities and challenges it faces.

2.Discuss IMAX's business strategy and analyze how IMAX's resources, capabilities and competencies support its business and corporate strategies.

3.Why was IMAX changing its business and corporate strategies? Could IMAX thrive as a niche player that onle made large format films and systems?

4.Evaluate changes in IMAX's business and corporate strategies. Have the changes been effective? Could increasing the number of Holloywood movies released in IMAX format dilute the IMAX brand?

Case Summary: IMAX was involved in several aspects of the large-format film business: production, distribution, theatre operations, system development and leasing.

The case illustrates IMAX's use of its unique capabilities to pursue a focused differentiation strategy. IMAX was initially focused on large format films that were educational yet entertaining, and the theatres were located in institutions such as museums, aquariums and national parks.

However, IMAX found that its growth and profitability were constrained by its niche strategy. In response, IMAX sought to grow by expanding into multiplexes. Additionally, IMAX expanded its film portfolio by converting Hollywood movies, such as Harry Potter and Superman, into the large film format.

This shift in strategy was supported by the development of two technological capabilities - DMR for conversion of standard 35 mm film into large format, and DMX to convert standard multiplexes to IMAX systems. The shift in strategy was partially successful, but carried the risk of IMAX losing its unique reputation.

Reference no: EM131853520

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