Eastman Kodak – “From the best to the worst”

Pros

Some of the best technical people in the in the world-wide imaging community worked in the research labs. Both on the photographic film side and the digital imaging side, most technical professionals were very cooperative and simply great to work with.

Cons

From about the third level management and up, managers had a sense of entitlement and seemed to have been placed in their positions for reasons other than competence. However, first line and second level managers, from my experience, were technically competent and sympathetic to non-management employees.

Advice to Senior Management

You knew from the 1970s that digital imaging was going to eventually become dominant in every photographic field. The current stock price is $3 per share. How could you screw up so badly?