A Tale of Two Companies

Rick Zeman writes "They've had the best of times, and now they're living through the worst of times. The Washington Post talks about the dissolution of both Kodak's and Polaroid's business models, what Kodak can learn from Polaroid's earlier mistakes, and the resurrection of some classic Polaroid tech by private entrepreneurs."

Comments

Re:Wrong Example

[geoskd]

Pity, so many people lost jobs because of a few retarded managers at the top of their companies.

There are two classes of people at Polaroid and Kodak who got the axe. The first are the technicians, engineers and related staff. Those people were going to lose their jobs regardless, as the products they made were no longer wanted. The other class of people at Kodak and Polaroid were the managers, supervisors and non-technical staff. Those people can get jobs elsewhere (and most of them have). Very few people lost their jobs who wouldn't have been let go when these companies transitioned to new technologies, except managers, who can hardly be said to be innocent victims.

-=Geoskd