4 ms·
Kodak was never an electronics company, or even a camera company. Nikon and Canon would have eaten their lunch.
by TorKlingberg 9y ago
Kodak was never an electronics company, or even a camera company. Nikon and Canon would have eaten their lunch.
- TheOtherHobbes 9y agoKodak literally invented the digital camera, and were significant in both consumer and professional digital photography in the early 00s. They missed by not innovating fast enough compared to the competition, not by ignoring the market. Unimaginative management was very definitely a problem - although to be fair, it's easy with hindsight to say they should have started developing digital much earlier, when in reality consumer digital photography only started to make commercial sense when computers and public networking became powerful enough to support it. That didn't happen until the later 90s. Until then, most computers lacked the photo quality displays we take for granted now.
- djsumdog 9y agoI can remember my oldest digital camera was a Kodak my parents bought me, with a CF card in it I believe.
- mulmen 9y agoWhat kind of company is 3M? Or IBM? Or GE? Management is responsible for the strategy and long term success of a business. Pivots are necessary and a core part of successful strategies.