a real Kodak moment...
Posted on 01/04/2012 3:38:53 PM PST by jimbo123
Looks like he delivered on Obama’s appointment to the jobs council.
After all, Perez just killed 19,000 jobs. That’s progress for this administration.
ROTFLAMAO!
Other members of the communist in chiefs illustrious “Jobs Council”
Members
Jeffrey Immelt, Chair
Ursula M. Burns
Steve Case
Kenneth I. Chenault
John Doerr
Roger W. Ferguson
Mark T. Gallogly
Joseph T. Hansen
Lewis Hay
Gary Kelly
Ellen Kullman
A.G. Lafley
Eric Lander
Monica Lozano
Jim McNerney
Darlene Miller
Paul Otellini
Richard D. Parsons
Antonio M. Perez
Penny Pritzker
Brian Roberts
Matthew Rose
Sheryl Sandberg
Richard Trumka
Laura D’Andrea Tyson
Robert Wolf
Christopher Che
Trumka is a degenerate marxist crook union thug and card carrying member of the CPUSA, Perez has bankrupted Kodak, “Facebook” and “America on Line” are not real companies, and how about that Xerox stock!
In fact, you could make a fortune selling short the stock of this collection of haute bourgeoisie imbeciles, maybe that Kenyan muslim arch criminal in the White House is good for something after all!
Kodak missed the boat on technology change. Obama had nothing to do with their failure.
Natural selection process works in business too...
lol!!!!!!!!! Where’s their “Messiah” now?! hahaahaha
The failure of Kodak to embrace the digital photography revolution is a ACM case study used in universities around the world. Here’s the link to the 2009 case study: http://dl.acm.org/citation.cfm?id=1518217
The case study was written using reference to a book published in 1997, already predicting this day:
Changing Focus: Kodak and the Battle to Save a Great American Company [Illustrated] [Hardcover]
Alecia Swasy (Author)
http://www.amazon.com/Changing-Focus-Battle-American-Company/dp/0812924630
Also, check out this slideshow for those not familiar with Kodak’s decline:
http://www.slideshare.net/Christiansandstrom/kodak-bureaucracy-and-digital-imaging
“Kodak drove my father in law into bankrupcy in the late 1950s so all I can say is, “What goes around, comes around!”
Shedding no tears for them.”
I hear you, man. Countrywide wouldn’t hire my wife back in the 90s. I shorted them in 2007 and bought a really nice car with the proceeds. I love it.
a real Kodak moment...
Sad. Kodak was part of my childhood.
Their easy-share digital photography was well designed and great for the beginner.
In 1997 I was at a party in suburban Atlanta. I had with me my Olympus 300DL – truly a first generation consumer digital camera. Fixed lens, tethered operation (no memory cards for storage), used disposable batteries (and ate them regularly) and produced an image that would be bettered by the cheapest cell phone available today. Pathetically bad in retrospect, but kinda leading edge at the time. Cost $899.
At the party is a veteran Kodak employee, and the conversation turned to Kodak’s preparation for digital photography. This fellow tells me confidently that their internal projections showed that the number of digital photographs taken would not exceed the number of film photos taken until about 2005. I think it actually came at the end of 1999. When the changeover occurred, it happened much faster then they could have imagined. And they were caught flatfooted.
I recall going into camera specialty stores back in the 60’s and 70’s and walking through hundreds of square feet that were Kodak products like paper and developer, mounting adhesives, etc. etc. etc. You knew that went away quickly. And then you started to notice dentists and physicians shifting to digital x-ray imagery. It’s just too bad they couldn’t change directions faster. What a waste of a brand!
You are correct. Excuse my knee jerk comments about Obama. He did not cause the demise of Eastman Kodak. The demise is sad to many who indulged in the analog technology of silver halide. To me it is a tragedy because I own some superb film cameras that will soon find it as hard to find film and processing as it will for one to find an incandescent light bulb.
I do know why Kodak failed. They built their business on the idea that one could click the photo and they would do the rest. Now one can also do the rest. Kodak failed to take advantage of the concept that when one did the rest, that Kodak could have made sure that one could do it best using Kodak products. A simple concept that was lost in the complexities of process and business model necessary for the silver-halide technology to do the rest.
Thanks for the reality check.
“Kodak missed the boat on technology change.”
They did, and the most amazing thing about it is, KODAK invented digital photography! It was THEIR technology they missed the boat on! It just blows my freaking mind!
Then they divested themselves of darn near every business they were in EXCEPT film!
What the hell were these people thinking?????
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