As of yesterday Kodak has brought on board a new CEO after the company recently came out of bankruptcy. I sincerely hope the best for all the folks who work for Kodak.
Having been down this same road once with a company I worked for, it's never an easy out.
Posted by Paul DeCesare on March 14, 2014 at 4:17 AM
Been there too. My concern for Kodak is, what's their product and market? We loved their film two decades ago and they make some great photographic papers, but both of those categories have HUGE competition in the form of (obviously) digital sensors and enormous amounts of inkjet papers. I'm trying to understand where they will compete, which can be quite difficult. I wish the best for this new CEO, he's got a challenge ahead of him. It would seem quite odd to us middle-agers to not have Kodak around, but look how we almost lost Chevrolet and Hostess and other USA staples. Crazy times.
Paul, I was in the corporate telecom world during the most tumultuous times after the Carter Act ruling in 1969. This was followed up with Judge Green divestiture ruling and break up of all the Ma Bells. I kind of see some of those desperate crossovers in grabbing at straws management going on in many companies these days.
However, as telecommunications was always a totally necessary item for both business, military, police, fire, hospitals, etc. there was never any fear of it not being bought and requiring service. Film fell into that similar need for a variety of reasons especially documentary, until the digital capture revolution.
Kodak and other film vendors these days just stay in their niche and try to compete with the limited number of film suppliers at this point. Thankfully, there still is usage by enough to keep things alive. In fact, an analog only site I visit grows daily and I've seen it increase to almost 70k users recently. There is a bit of strength in numbers there.
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3 repliesHaving been down this same road once with a company I worked for, it's never an easy out.
Kodak New CEO
However, as telecommunications was always a totally necessary item for both business, military, police, fire, hospitals, etc. there was never any fear of it not being bought and requiring service. Film fell into that similar need for a variety of reasons especially documentary, until the digital capture revolution.
Kodak and other film vendors these days just stay in their niche and try to compete with the limited number of film suppliers at this point. Thankfully, there still is usage by enough to keep things alive. In fact, an analog only site I visit grows daily and I've seen it increase to almost 70k users recently. There is a bit of strength in numbers there.