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I spent 7 years (02-09) working for Kodak in their Windsor, CO manufacturing plant. It was an incredible lesson in [not] taking risks that I'll never forget. T
by thisjustinm 11y ago
I spent 7 years (02-09) working for Kodak in their Windsor, CO manufacturing plant. It was an incredible lesson in [not] taking risks that I'll never forget.
The writing was certainly on the wall about the digital photography revolution when I started but nevertheless every year the story was the same as the losses continued to mount: "Digital continues to eat into our film business faster than we have predicted. We've accelerated our plans [to switch to digital] for next year."
Meanwhile, in the middle of all that I remember picking up the WSJ and reading an interview with Netflix's Reed Hastings. They had just debuted streaming and were fielding questions from reporters asking if they were worried about cannibalizing their successful DVD business. Reed's response was "We have to obsolete ourselves before someone else does."
I cut the article out and hung it in my office at Kodak with that quote highlighted. It was pretty well faded when I finally took it down, laid off as a part of another "digital transformation" restructuring.