David DiSalvo, on how Kodak failed to react to market forces in time:
The fall of the company that George Eastman built is perhaps the most salient commentary on the new economy in recent memory, and tells an unfortunate story about much of America’s industrial base. Monolithic, inflexible and unable to keep up with the shifts and turns of disruptive technology, once great companies like Kodak can’t survive without exhaustive restructuring. Hopefully, other U.S. companies have been watching and learning.