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Very tough for Kodak to recover. What's amazing is how ahead of the game they were. Digital cameras in 1975. Fischer was also ahead of the game, and they sca
by mathattack 15y ago
Very tough for Kodak to recover. What's amazing is how ahead of the game they were. Digital cameras in 1975. Fischer was also ahead of the game, and they scaled back because their short term earnings suffered. In a way they remind me of another aging Rochester company - Xerox.
Regarding other comments about the town... If you're a specialist in a small or medium sized city, and not willing to move, you are at risk. This is true if you are branding specialist in Cincinnati, a Russian literature specialist in Albuquerque, an also if you're an imaging specialist in Rochester. The idea that a company can protect you because it is large is obsolete. By encouraging that thinking, they are making their demise all the more likely.