Article

2012-01-07 Economy

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Posted by Fred 2012-01-07 00:00|| || Front Page|| [6 views ] Top

#1 No surprise here - at Penn State, my Case Group [among others] did a detailed presentation in front of Kodak Reps warning that Kodak must change or else face its own demise.

CAN'T SAY THEY WERE WEREN'T WARNED.

Posted by JosephMendiola 2012-01-07 00:10|| 2012-01-07 00:10|| Front Page Top

#2 That is the most legible JM comment ever. You should consider writing like that more often, I might stop automatically skipping your posts.

Posted by gromky 2012-01-07 04:46|| 2012-01-07 04:46|| Front Page Top

#3 Save their 40mpixle imager production line!

Posted by Water Modem 2012-01-07 06:17|| 2012-01-07 06:17|| Front Page Top

#4 I worked at Kodak as an IS consultant for most of '96 -'97.

The one thing that twists my knickers in situations like this are the long line of simpletons that come out with the "We warned them, they didn't listen" crap. Same thing about DEC where I worked for 14 yrs. before they crashed and burned in the late '80s - early '90s.

Both Kodak and DEC knew what the issues were and caught on to the danger. What they couldn't do is find the right way out of the maze. I'm not absolving the people there but it is way too complicated for the brain-dead "they should have gone digital" type of commentary.

Oh, BTW, Rochester NY doesn't get all that much snow in the winter despite being on a Great Lake.

Posted by AlanC 2012-01-07 10:01|| 2012-01-07 10:01|| Front Page Top

#5 Awesomeness of Capitalism removing the un-needed. Imagine this happening in a un-needed Government department with 150,000 employees?

Posted by Bright Pebbles 2012-01-07 11:13|| 2012-01-07 11:13|| Front Page Top

#6 What they couldn't do is find the right way out of the maze.

Business or political institutions both. It's institutional behavior. The ability to truly reinvent oneself is not that prevalent. Either there's a collapse or a revolution. Neither of which are usually pretty for those who are involved in the process. It takes leadership. Unfortunately too many confuse management with leadership.

Posted by Procopius2k 2012-01-07 11:22|| 2012-01-07 11:22|| Front Page Top

#7 Oh, BTW, Rochester NY doesn't get all that much snow in the winter despite being on a Great Lake.

So true, AlanC. That's because the snow falls on Buffalo and the Southtowns area, leaving Rochester in a snow shadow, so to speak. In fact, Mr. Wife's parents' house in Lackawanna on the southwest side of Buffalo gets about a foot more snow than my mother's house on the northeast side of the city.

Posted by trailing wife 2012-01-07 11:52|| 2012-01-07 11:52|| Front Page Top

#8 So true TW. Rochester is between the snow plumes off Erie and Ontario. After the former, before the latter. Buffalo and Syracuse get clobbered.

Proco you are so right. There were many people at Kodak and DEC that saw the problems. Many also saw answers. The problem was which answers were right?

Just because there's more than one answer doesn't mean that all answers are right. Trying to turn around any large institution takes time even if you get it right; and time is something that the high velocity environment of high tech just doesn't afford you.

Posted by AlanC 2012-01-07 12:06|| 2012-01-07 12:06|| Front Page Top

#9 No bailout? I guess they weren't too big to fail.

Posted by Abu Uluque 2012-01-07 13:32|| 2012-01-07 13:32|| Front Page Top

#10 No, no bailout. But the Kodak CEO now works for Obama in a newly created bureaucracy!

Posted by newc 2012-01-07 14:02|| 2012-01-07 14:02|| Front Page Top

#11 Yesss! That's it, the new Photo Czar.

Posted by Clilet Darling of the Ostrogoths8010 2012-01-07 14:35|| 2012-01-07 14:35|| Front Page Top

#12 I'm sure the remaining company officers and executives are busily looting the company as we speak. Lets see an executive compensation report and then I'll decide whether to feel 'sorry' for them or not. To lazy to go and look for it myself, so f*ck em. Too bad for the 19K sorry smucks that do nothing but go to work and break their backs for them every day. That's the only sad part in my book.

Posted by bigjim-CA 2012-01-07 21:51|| 2012-01-07 21:51|| Front Page Top

#13 Kodak made the sensor for the fabulous Leica M9.

They deserve to survive.

Posted by European Conservative 2012-01-07 22:12|| 2012-01-07 22:12|| Front Page Top

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