Monday, January 30, 2012

Kodak is at death's door; Fujifilm, its old rival, is thriving. Why?

a very good case from Economist on how technology change has driven some companies to disappear and some others to come out stronger ..

Quote :
Unlike people, companies can in theory live for ever. But most die young, because the corporate world, unlike society at large, is a fight to the death. Fujifilm has mastered new tactics and survived. Film went from 60% of its profits in 2000 to basically nothing, yet it found new sources of revenue. Kodak, along with many a great company before it, appears simply to have run its course. After 132 years it is poised, like an old photo, to fade away. : Unquote


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