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Evolution Through Creating Unique Value Proposition
Rochester Institute of Technology RIT Scholar Works Theses Thesis/Dissertation Collections 4-19-2015 Evolution through Creating Unique Value Proposition: The aC se of the Business Transformation and Value Proposition Development of Swiss Watchmaking Industry Domagoj Pavlek [email protected] Follow this and additional works at: http://scholarworks.rit.edu/theses Recommended Citation Pavlek, Domagoj, "Evolution through Creating Unique Value Proposition: The asC e of the Business Transformation and Value Proposition Development of Swiss Watchmaking Industry" (2015). Thesis. Rochester Institute of Technology. Accessed from This Master's Project is brought to you for free and open access by the Thesis/Dissertation Collections at RIT Scholar Works. It has been accepted for inclusion in Theses by an authorized administrator of RIT Scholar Works. For more information, please contact [email protected]. Running head: SWISS WATCHMAKING VALUE PROPOSITION 1 Evolution through Creating Unique Value Proposition: The Case of the Business Transformation and Value Proposition Development of Swiss Watchmaking Industry By Domagoj Pavlek A Capstone Project Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Science in Service Leadership and Innovation Department of Service Systems College of Applied Science and Technology Rochester Institute of Technology-Croatia Zagreb, Croatia April 19, 2015 SWISS WATCHMAKING VALUE PROPOSITION 2 Committee Approval: Jennifer Matic Date Capstone Advisor SWISS WATCHMAKING VALUE PROPOSITION 3 Abstract The project aims to determine how mature, re-identified and transformed industries that have appeared again, consequently create new value proposition on the market rather than simply restore old market positions and offerings. This study examines the case of the Swiss watchmaking as an industry that had gone through turmoil and cycles of re-development and explores content of various sources which can legitimize its changed identity and transformed business model. -
Horologicaltm TIMES February 2003
HoROLOGICALTM TIMES February 2003 American Watchmakers-Clockmakers Institute ~ DOUBLE FLANGE Plastic Envelope MASTER ASSORTMEN't~"""""'==... Holder '*Esfuger &CO ;;;;;;;;;;;;;;;;;;;;;;?~t;;OI~;IJI~ DoubleMaster Flange ~~ Assortment ~::; #82.2006 This new envelope • 36 different sizes holder keeps your repair and • Includes 1.3, 1.5, 1.8 dia. storage envelopes organized and ready for quick retrieval and identification. Made of clear acrylic with Combines a full range of sizes, three dividers to hold envelopes in order. Measures 6mm to 24mm, in three thickness- 105/s" X 33/s" X 3'h". 0 1.30mm, 1.50mm, 1.80mm. In a hinged plastic box. Refills available. (Reg. Price $65.00) PLAIN Job Envelopes Heavy Duty • Helps Protect Jobs' SHORT-END 3-1/8" X 5-1/2" Buckle Spring Bars Very handy to have and can be rubber stamped with your name & address. Identifies your work when you send ~ Es<;l lJ ~r &Co. sample orders to your supplier SHORT-END BuCKlE SPRING BAR and helps prevent misdirected orders. All have gummed flaps. ASSORTMENT 0 82.100 Brown #61.114 • White #61.116 SJ35o SJJOOO s24oo Box of 500 Lots of 5000 2 Boxes (1 000) • Contains 100 pieces • 10 different sizes (Reg. Price $22.50) A very popular selection of spring bars Watch & designed to fit foldover buckles on Seiko, Citizen and others. The BESTFIT Supplied in a handy, ten bottle assortment box. Jewelry Repair Watch and Jewelry Repair Record Book Record Book SUPER-THIN Stainless Steel * Complete Information: • Name & address of owner • Tag & record number Spring Bar Assorbnent • Dates: received -repaired- delivered ·-:~~~~~11 450 Pieces- ONLY 1.2JDJD THICK! • Received by- Delivered to • Complete description: Case- Case#, Movement# -Markings • Repairs made -Charges - Special information '* E.'i'ilir~'t'r & c:c .>. -
Watch Material ASSORTMENTS for Professional Watchmakers
SKU 900.109 05/2019 MY CAS-KER ACCOUNT NUMBER watch material ASSORTMENTS for professional watchmakers Assortments Page Battery Kits & Batteries 67-68 Battery Parts 46 Bracelet Parts 8-11 Bracelet Springs 8 Pins 9-10 Lugs 11 T-Bars 11 End Pcs/Connect Links 12 Clasps & Buckles 2-7 Buckle Extenders 2 Butterfly Clasps 2 Seiko Style Clasps 3 Clasps for Metal Bands 5-6 Buckles for Leather Straps 4 Strap Keepers 4 Crowns 23-32 Waterproof Crowns 23-26 Dustproof Crowns 27 Screwdown Crowns 28 Genuine/Generic 29-30 Jeweled Crowns 31 Pocket Watch Crowns 30 Crystals 50-66 Min Glass-Flat Dome 57-58 Sapphire Crystals 58-59 Fancy Crystals 60-61 Magnifiers 62 G-S Plastic Crystals 64-66 Dial Dots, Feet & Strips 45 Gaskets 35-40 Caseback Gaskets 35-37 Crystal Gaskets 38-39 Other 40 Hands 41-44 Dauphine Hands 41 Luminous Hands 41, 43 Stick/Baton Hands 42 Other 44 Incabloc Jewels/Springs 45 Mvmt Holder/Case Ring/ Case Clamps 45 Optical Supplies 47 Pins for Case Hinges 45 Pocket Watch Bows 49 Pushers (Chronograph/Digital & Button Clips) 32 Screws 18-20 Case Screws 18 Bracelet/Clasp Screws 19 Other 20 Spring Bars 13-17 Double Flange 13-14 Double Shoulder 14 Short Tip (for Clasps) 15 Generic to fit RLX 16 Other 16-17 Stems & Extenders 33-34 Stones (Foil Back & CZ) 48 1-800-487-0408 / CASKER.COM Tubes (Case & Crown) 21-22 BUCKLE EXTENDERS & BUTTERFLY CLASPS Buckle Extender Extenders with a step feature for bracelet Buckle Extender Assortment of 12 includes 1 each. -
Elmasteam 45 Basic Steam Jet Cleaning with Reliability and Quality - Made in Germany
■ Made ■ in ■ Germany Ultrasonics.Steam.Ultraclean. Watches and jewellery Elmasteam 45 basic Steam jet cleaning with reliability and quality - Made in Germany ■ Professional 4.5 bar steam pressure with long steam availability due to high heat output ■ High reliability and long service life of the steam tank ■ Quality product made by Elma, with 3 years warranty* ■ Compact design - space saving tabletop model or with wall brackets ■ TÜV type approved according to DIN 61010-1 and CE-certified 800.452.7769 • 101 Commercial Street, Suite 200, Plainview NY 11803 [email protected] • kassoy.com www.elma-ultrasonic.com Elmasteam 45 basic with fixed nozzle or flexible hand piece Elmasteam 45 basic is the ideal steam cleaning machine for watch and jewellery making workshops for the cleaning of worn and mounted jewellery as well as for watch straps, chains and rings with set stones. Cleaned with steam and/or in combination with ultrasound, the cleaned jewellery shines again after just a very short time. During production steps, polishing pastes are easily cleaned off with Elmasteam 45 basic. There are two versions of Elmasteam 45 basic: a. with fixed nozzle: This enables working with both hands. Ideal for holding chains or straps securely and also for detaching the smallest dirt particles from inside the chain links. b. with flexible hand piece (HP): Using this, the product to be cleaned can be held with the steam tweezers and sprayed all-round quickly and effectively. Ideal for rings - also with set stones. (Be careful with fashion jewellery with glued stones.) The hand piece fits well in the hand and has been designed in accordance with ergonomics principles for longer use. -
The Deloitte Swiss Watch Industry Study 2020 an Accelerated Transformation the Deloitte Swiss Watch Industry Study 2020 | an Accelerated Transformation
The Deloitte Swiss Watch Industry Study 2020 An accelerated transformation The Deloitte Swiss Watch Industry Study 2020 | An accelerated transformation About the study This report is the seventh edition of the Deloitte study on the Swiss watch industry. It is based on an online survey and interviews conducted between mid-August and mid-September 2020 with 55 senior executives in the watch industry. The study is also based on an online survey of 5,800 consumers in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States. The year 2020 marks 175 years of Deloitte making an impact that matters. Today Deloitte is a thriving global organisation, which has grown to more than 300,000 people proudly carrying forth a legacy of connection and collaboration. We’re not trusted because we’ve existed for 175 years. We’ve existed for 175 years because we’re trustworthy. That’s our legacy. That’s our future. 02 The Deloitte Swiss Watch Industry Study 2020 | An accelerated transformation Contents 1. Key findings 04 2. Industry overview 05 2.1 COVID-19: Unexpected and unprecedented 05 2.2 Quartz watches: Continuing drop in exports and sales 07 2.3 China: Key for recovery and growth 09 3. Looking ahead 11 3.1 Beyond the pandemic 11 3.2 The Far East and high-end are vital for growth 12 4. Challenges remain 13 4.1 External risks: Protests and politics 13 4.2 Smartwatches: Industry missed the boat 14 5. Business strategies 18 5.1 Digitalising for a ’consumer first’ world 18 5.2 The pre-owned market heats up 23 5.3 Sustainability: The future is green 25 6. -
Magazine PATEK PHILIPPE
A TUFTS COMMUNICATIONS FINE JEWELRY PUBLICATION C.D.PEACOCK MAGAZINE • OVER 180 YEARS IN CHICAGO AUTUMN/HOLIDAY 2018 ISSUE 3 C.D.Peacockmagazine ROLEX Philanthropy CARTIER Classic Style MIKIMOTO A Lustrous Milestone World Timer by PATEK PHILIPPE HEARTS ON FIRE Put a ring on it FALL 2018 • ISSUE 3 Since 1837, C.D.Peacock has been the Chicago area’s premier source of fine diamonds. At C.D.Peacock we believe that a Scustomer, like a fine diamond, should be forever. Our position as a prominent International jeweler enables our access to the finest diamonds the world has to offer at the best value. We’ve based our reputation on it for over a century. Warmest greetings from all of us at C.D.Peacock. Each year we look forward to the opportunity to share with you our vision and passion that is translated into our exquisite jewelry. In this issue, you will find 2019 trends, profiles on a few of our favorite designers and Swiss watch brands, exotic travel destinations, and much more. While we strive to always stay ahead of the curve to bring you the latest jewelry designs and Wwatch innovations from around the world, at the heart of it all, we are still a family-owned business. At C.D.Peacock we believe in the traditional values of honesty, integrity, customer service, and philanthropy. We still hand-select each item we offer in our stores and have earned a reputation of tremendous international respect within the industry. This holiday season and beyond, we welcome the opportunity to help you select the perfect gift to honor those who give special meaning to your life. -
This Clock Is a Rather Curious the Movement Is That of a a Combination
MINERAL GLASS CRYSTALS 36 pc. Assortment Clear Styrene Storage Box Contains 1 Each of Most Popular Sizes From 19.0 to 32.0 $45.00 72 pc. Assortment Clear Styrene Storage Box Contains 1 Each of Most Popular Refills Available Sizes From 14.0 to 35.0 On All Sizes $90.00 :. JJl(r1tvfolet Gfa:ss A~hesive Jn ., 'N-e~ilie . Pofot Tobe · Perfect for MinenifGlass Crystals - dire$ -iA. secondbn ~un or ultraviolet µgh{'DS~~~ cfa#ty as gl;lss. Stock Up At These Low Prices - Good Through November 10th FE 5120 Use For Ronda 3572 Y480 $6.50 V237 $6.50 Y481 $6.95 V238 $6.95 Y482 $6.95 V243 $6.95 51/2 x 63/4 $9.95 FREE - List of Quartz Movements With Interchangeability, Hand Sizes, Measurements, etc. CALL TOLL FREE 1-800-328-0205 IN MN 1-800-392-0334 24-HOUR FAX ORDERING 612-452-4298 FREE Information Available *Quartz Movements * Crystals & Fittings * * Resale Merchandise * Findings * Serving The Trade Since 1923 * Stones* Tools & Supplies* VOLUME13,NUMBER11 NOVEMBER 1989 "Ask Huck" HOROLOGICAL Series Begins 25 Official Publication of the American Watchmakers Institute ROBERT F. BISHOP 2 PRESIDENT'S MESSAGE HENRY B. FRIED QUESTIONS & ANSWERS Railroad 6 Emile Perre t Movement JOE CROOKS BENCH TIPS 10 The Hamilton Electric Sangamo Clock Grade MARVIN E. WHITNEY MILITARY TIME 12 Deck Watch, Waltham Model 1622-S-12 Timepieces WES DOOR SHOP TALK 14 Making Watch Crystals JOHN R. PLEWES 18 REPAIRING CLOCK HANDS 42 CHARLES CLEVES OLD WATCHES 20 Reality Sets In ROBERT D. PORTER WATCHES INSIDE & OUT 24 A Snap, Crackle, & Pop Solution J.M. -
The Case of Switzerland and the World Watch Industry *
469 Technological discontinuities and flexible production networks: The case of Switzerland and the world watch industry * Amy Glasmeier tain and augment their competitiveness in a global Unrr~rs~t~of Texas at Austin, Texas, USA economy. On the eve of the electronics revolution, the Swiss watch production system, centered in the mountainous Jura region, was flexible, cost The twentieth-century history of the Swiss watch industry effective, and extremely profitable. Both horizon- illustrates how cultures and industrial production systems ex- tally and vertically disintegrated, the Swiss system perience great difficulty adapting to external change at differ- offered enormous variety while maintaining qual- ent points in time. The current emphasis on production net- ity and timeliness of delivery. “The multiplicity of works - unique reservoirs of potential technological innovation realized through cooperation rather than competition among enterprises, and the competition and emulation firms - lacks a detailed appreciation of historic networks, and that characterized the industry, yielded a product in particular their fragile character in times of economic of superior quality known the world over for high turmoil. While networks can and do promote innovation within fashion, design, and precision” [21, p. 481. an existing technological framework, historical experience sug- Beginning in the 1970s when foreign competi- gests their fragmented, atomistic structure is subject to dis- organization and disintegration during periods of technological tion hurdled technological frontiers in watch change. An exclusive focus on “production” ignores other movements, advancing from mechanical to elec- constraints that are powerful forces governing the reaction tric, electronic, digital and finally quartz technol- abilities of regions. Previous research has largely relied on a ogy, the Jura’s undisputed dominance ended. -
A History of the Citizen Watch Company, from the Pages of Watchtime Magazine
THE WORLD OF FINE WATCHES SPOTLIGHT www.watchtime.com A HISTORY OF THE CITIZEN WATCH COMPANY, FROM THE PAGES OF WATCHTIME MAGAZINE CCIITTIIZZEENN THe HisTory of ciTizen One of the original Citizen pocket watches that went on THE sale in December 1924 CITIZEN WATCH STORY How a Tokyo jeweler’s experiment in making pocket watches 84 years ago led to the creation of a global watch colossus n the 1920s, the young Emperor of Japan, than the imports. To that end, Yamazaki found - Goto. The mayor was a friend of Yamazaki’s. Hirohito, received a gift that reportedly de - ed in 1918 the Shokosha Watch Research Insti - When the fledgling watch manufacturer was I lighted him. The gift was from Kamekichi tute in Tokyo’s Totsuka district. Using Swiss ma - searching for a name for his product, he asked Yamazaki, a Tokyo jeweler, who had an ambi - chinery, Yamazaki and his team began experi - Goto for ideas. Goto suggested Citizen. A tion to manufacture pocket watches in Japan. menting in the production of pocket watches. watch is, to a great extent, a luxury item, he ex - The Japanese watch market at that time By the end of 1924, they began commercial plained, but Yamazaki was aiming to make af - was dominated by foreign makes, primarily production of their first product, the Caliber fordable watches. It was Goto’s hope that every Swiss brands, followed by Americans like 16 pocket watch, which they sold under the citizen would benefit from and enjoy the time - Waltham and Elgin. Yamazaki felt the time brand name Citizen. -
Dynamics and Control of Resistive Wall Modes with Magnetic Feedback Control Coils: Experiment and Theory
1 IAEA-CN-116 EX/P5-13 Dynamics and Control of Resistive Wall Modes with Magnetic Feedback Control Coils: Experiment and Theory M. E. Mauel, J. Bialek, A. H. Boozer, C. Cates, R. James, O. Katsuro-Hopkins, A. Klein, Y. Liu, D. A. Maurer, D. Maslovsky, G. A. Navratil, T. S. Pedersen, M. Shilov, and N. Stillits Department of Applied Physics and Applied Mathematics Columbia University, New York, NY 10027, USA e-mail contact of main author: [email protected] Abstract. Fundamental theory, experimental observations, and modeling of resistive wall mode (RWM) dynamics and active feedback control are reported. In the RWM, the plasma responds to and interacts with external current-carrying conductors. Although this response is complex, it is still possible to construct simple but accurate models for kink dynamics by combining separate determinations for the external currents, using the VALEN code, and for the plasma’s inductance matrix, using an MHD code such as DCON. These computations have been performed for wall-stabilized kink modes in the HBT-EP device, and they illustrate a remarkable feature of the theory: when the plasma’s inductance matrix is dominated by a single eigenmode and when the surrounding current-carrying structures are properly characterized, then the resonant kink response is represented by a small number of parameters. In HBT-EP, RWM dynamics are studied by programming quasi-static and rapid “phase-flip” changes of the external magnetic perturbation and directly measuring the plasma response as a function of kink stability and plasma rotation. The response evolves in time, is easily measured, and involves excitation of both the wall-stabilized kink and the RWM. -
Overview Release
Chicago Architecture Biennial’s Fourth Edition, The Available City Opens to the Public on Friday, September 17 CHICAGO (August 25, 2021) – The fourth edition of the Chicago Architecture Biennial (CAB) will open to the public on September 17, responding to an urban design framework that proposes connecting community residents, architects, and designers to develop and create spaces that reflect the needs of communities and neighborhoods. Over 80 contributors from more than 18 countries will respond to this framework through site-specific architectural projects, exhibitions, and programs across eight neighborhoods in Chicago and in the digital sphere. Curated by the Biennial’s 2021 Artistic Director—designer, researcher, and educator David Brown—The Available City will present projects and programs that ask and respond to the question of who gets to participate in the design of the city by exploring new perspectives and approaches to policies. The Available City illuminates the potential for immediate new possibilities, highlights improvisational organizers of the city, and underscores the exponential impact of small elements in aggregate. The Biennial is free and open to the public beginning on Friday, September 17. It will be on view at sites and in locations throughout the city, activated through in-person and online programming through December 18, 2021. Mayor Lori E. Lightfoot commented, “The Biennial always represents a remarkable time for our city, when residents, visitors, cultural organizations, and businesses come together to explore new ideas and potential for Chicago and cities worldwide. It is inspiring to see the projects and ideas developed by Chicago residents and the contributors highlighting the potential for vacant spaces. -
The Impact of the Quartz Crisis in Switzerland Tate Twinam Department of Economics College of William
Trade Shocks and Growth: The Impact of the Quartz Crisis in Switzerland Tate Twinam Department of Economics College of William & Mary Abstract. Agglomeration economies and clustering effects are a key driver of urban growth. They can also be a source of vulnerability when cities and regions specialize in export- intensive industries. Foreign competition and technological change can threaten the survival of exporters, and shocks to these industries can have long-run effects on the communities which rely on them. In this paper, I study the impact of a rapid and large-scale trade shock: The quartz crisis, which devastated the globally dominant Swiss watch industry in the 1970s. I document the geographic agglomeration pattern of the industry and the impact of the crisis on exports, employment, and wages. Using a differences-in-differences strategy, I show that this trade shock led to a large and rapid loss of population in affected areas, and a long-run change in growth patterns. I explore the mechanisms behind this population change, including the role of manufacturing employment and immigration. I discuss the implications of these results for theories of urban growth, and contrast them with recent work on the China shock in Europe and the United States. 1. Introduction Agglomeration economies are widely recognized as a key driver of urban and regional growth. They can also be a source of resilience. Path dependence in the location of eco- nomic activity has allowed many regions to survive and grow despite the irrelevance of their initial natural advantages or immense physical devastation stemming from wars or natural disasters.