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What you quoted from me was my reply to a post which actually was discussing production. Sorry, but you weren't a participant in that particular discussion; so you may have missed that point.Your ability to keep missing the point is impressive. ... This has nothing to do with production...
Who is making the recent decisions like closing up the U.S. service facility, opening DJI/Hasselblad stores, and bypassing retailers to sell direct to consumer? Do you believe these are initiatives launched in Sweden?To some the terms 'subsidiary vs division' may sound like a distinction without a difference, but legally and financially they are distinctly different and separate in important ways. DJI acquired controlling interest in Hasselblad at the beginning of 2017 and as a result control of its executive board.
They remain, however, distinct individual companies with income, expenses, liabilities, assets, and accounting.
Subsidiary, division, and "business unit" are definitely all business terms which have specific meanings and effects. Hasselblad is a subsidiary of a holding company of which DJI is the ultimate parent as I stated earlier....Division is a managerial and financial reporting term where the scope varies business by business; and Hasselblad most certainly is a so-called "BU" business unit within DJI.
As I already stated...Who is making the recent decisions like closing up the U.S. service facility, opening DJI/Hasselblad stores, and bypassing retailers to sell direct to consumer? Do you believe these are initiatives launched in Sweden?
It's pretty straightforward with regard to who has ultimate control of the ship. I don't think there's any controversy to be found here.DJI is the ultimate parent company thru its indirect channels of investment in Hasselblad's parent holding company and its stock, but as a subsidiary rather than a division.
To some the terms 'subsidiary vs division' may sound like a distinction without a difference, but legally and financially they are distinctly different and separate in important ways. DJI acquired controlling interest in Hasselblad at the beginning of 2017 and as a result control of its executive board. They remain, however, distinct individual companies with separate product lines, finances, income, expenses, liabilities, assets, and accounting.
So you’re saying DJI is calling the shots?As I already stated...
It's pretty straightforward with regard to who has ultimate control of the ship. I don't think there's any controversy to be found here.
What is it you are still confused about? DJI owns the controlling shares in Hasselblad and therefore exercises ultimate control over its direction thru the executive board. But DJI isn't a person and neither is Hasselblad. They are companies which employ individual people who are "calling the shots".So you’re saying DJI is calling the shots?
That's only true for lenses DJI may buy for DJI products. Hasselblad is responsible for writing the checks to their lens suppliers. Another difference when it comes to writing checks......DJI pays the outside supplier but avoids the costs to manufacture the lenses....
I'm done with this merry-go-round and am jumping off here.
TR is absolutely correct in his description. Anyone with any real world experience in the corporate world would know how parent companies interact with subsidiaries.TT - that's a bit of a long-winded, evasive, diffuse answer – so do you think therefore DJI decided to change Hasselblad's distribution model, impacting small dealers across the globe? Or do you have "no idea" who is doing what and just adding some "general" info?
Nobody knows and it is inexplicable why you would care. It would be very unfortunate if you and Mr. Spinnler were to turn this forum into a replica of that MF Forum that you moderate over at DPReview that is consumed with negativity about all things Hasselblad.Who is making the recent decisions like closing up the U.S. service facility, opening DJI/Hasselblad stores, and bypassing retailers to sell direct to consumer? Do you believe these are initiatives launched in Sweden?
Hi HowardNobody knows and it is inexplicable why you would care. It would be very unfortunate if you and Mr. Spinnler were to turn this forum into a replica of that MF Forum that you moderate over at DPReview that is consumed with negativity about all things Hasselblad.
What is it you are still confused about? DJI owns the controlling shares in Hasselblad and therefore exercises ultimate control over its direction thru the executive board. But DJI isn't a person and neither is Hasselblad. They are companies which employ individual people who are "calling the shots".
I have no idea who the individual people are assigned with decision making authority over various business activities like finance, marketing, distribution, service, production, etc. My guess is there are various managers. Individuals are responsible for "calling the shots" and making decisions for which they take the credit or blame just like any other business.
I attempted to clarify for you — or anyone else who may be confused by the difference between a subsidiary and a division (or a business unit) — that Hasselblad is a subsidiary with DJI as the ultimate parent company and not a division operating within DJI. The structural differences are important or they wouldn't exist.
They are separate legal and financial corporate entities. They are each responsible for their own corporate business expenses, debts, and liabilities. So when you wrote...
That's only true for lenses DJI may buy for DJI products. Hasselblad is responsible for writing the checks to their lens suppliers. Another difference when it comes to writing checks...
Hasselblad has had several owners since Victor sold the company in 1976. Since then it has operated as a subsidiary of: Säfveån AB, Incentive AB, UBS Capital, Shriro Group, Ventizz Capital, and since 2017 DJI. There are employees who have worked for Hasselblad thru multiple owners. One constant is they were employees whose paychecks came from Hasselblad regardless of who the current controlling shareholder and ultimate owner may have been.
Hasselblad employees work for Hasselblad. DJI employees work for DJI. It's one of the differences between working for a subsidiary and working at a division. It isn't that complicated and I supplied links earlier with fuller explanations for anyone interested or still confused. I'm done with this merry-go-round and am jumping off here.
The confusion appears to be on your part, where you have conflated separate legal and accounting relationship with autonomy regarding decision-making.What is it you are still confused about? DJI owns the controlling shares in Hasselblad and therefore exercises ultimate control over its direction thru the executive board. But DJI isn't a person and neither is Hasselblad. They are companies which employ individual people who are "calling the shots".
I have no idea who the individual people are assigned with decision making authority over various business activities like finance, marketing, distribution, service, production, etc. My guess is there are various managers. Individuals are responsible for "calling the shots" and making decisions for which they take the credit or blame just like any other business.
I attempted to clarify for you — or anyone else who may be confused by the difference between a subsidiary and a division (or a business unit) — that Hasselblad is a subsidiary with DJI as the ultimate parent company and not a division operating within DJI. The structural differences are important or they wouldn't exist.
They are separate legal and financial corporate entities. They are each responsible for their own corporate business expenses, debts, and liabilities. So when you wrote...
That's only true for lenses DJI may buy for DJI products. Hasselblad is responsible for writing the checks to their lens suppliers. Another difference when it comes to writing checks...
Hasselblad has had several owners since Victor sold the company in 1976. Since then it has operated as a subsidiary of: Säfveån AB, Incentive AB, UBS Capital, Shriro Group, Ventizz Capital, and since 2017 DJI. There are employees who have worked for Hasselblad thru multiple owners. One constant is they were employees whose paychecks came from Hasselblad regardless of who the current controlling shareholder and ultimate owner may have been.
Hasselblad employees work for Hasselblad. DJI employees work for DJI. It's one of the differences between working for a subsidiary and working at a division. It isn't that complicated and I supplied links earlier with fuller explanations for anyone interested or still confused. I'm done with this merry-go-round and am jumping off here.
I've got one if those..... There is nothing like a projected 21/4 transparency. A real visual treat!Who knew that Hasselblad projection was a thing?
View attachment 212183
Nicely written. I owned a 501CM once and it is one of the big regrets I have to have sold it.Speaking of projections ...
Captured Dreams: A Hasselblad Love Story
In the summer of '85, when my photography business was finding its footing, fate intervened in the form of a chance encounter at KEH Camera Brokers. Back in those days, if you lived in the Atlanta area, you could walk into KEH and go through their bins. My heart yearned for a Hasselblad, a symbol of professionalism and artistic excellence, but my wallet whispered tales of financial strain.
A commotion at the counter caught my attention as I stood amidst the array of lenses and bodies. A man, his frustration palpable, lamented the meager offer the buyer proposed for his beloved Hasselblad kit. With lenses spread before him like treasures on display, he turned to me, a stranger, and posed an unexpected proposition.
"Would you purchase it for $1,500?" he asked, his voice desperation tinged with hope. I hesitated, torn between desire and practicality, but $1,500 was half of what it was all worth. My husband, sensing the gravity of the moment, nodded in silent encouragement.
"Yes," I replied, my voice steadier than my racing heart. "But times are tough. I couldn't afford it all at once."
To my astonishment, he offered a lifeline. "Payments," he suggested, a glimmer of kindness in his eyes. And so, with a handshake and exchanged numbers, a pact was made.
That Hasselblad, with its distinctive click and precision, became more than a camera. It was a beacon of possibility, a talisman of dreams yet to unfold. With each click of the shutter, my vision crystallized, and my artistry honed.
From weddings to portraits, my Hasselblad was my steadfast companion, capturing moments of joy and difficult lighting scenarios with equal grace. As my business flourished, so too did my collection of Hasselblad bodies and lenses, each a testament to the journey we had embarked upon together.
Through the decades, amidst shifts in ownership and seismic changes in technology, my allegiance remained unwavering. It was not merely a camera system but a conduit for my creativity, aspirations, and income.
Today, as I look back toward forty years of partnership with Hasselblad, I am filled with gratitude. I am grateful for the guardian angel who saw potential where others saw only uncertainty. I am grateful for the camera system that never faltered, never wavered, and always exceeded expectations: my loyal partner in the business.
So, here's to the dreamers and the believers, the ones who dare to chase their passions against all odds. And here's to Hasselblad, the steadfast companion on a journey of a lifetime.
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I'd love to hear your Hasselblad story, too. For in every click of the shutter lies a tale waiting to be told.