Soon after Kodak Inc announced that the firm had filed for Chapter 11 bankruptcy protection, this article written by a former banker & economist was published in StarBizWeek dated 11 February 2012.
I read the article with great interest & wonder how soon the company I work for will fall victim to similar predicament due to complacency & pure stubbornness. Worse still, we were not known for any breakthrough inventions/innovations which would result in creative destruction.
No wonder we're known to be the follower, slowly falling behind & being crushed by rival brands. We may be lucky to be still standing "kinda" strong for now, sure bet that we'll be cannibalised in 5 years time. Pure disappointment...
Credits: The Star, Saturday 11 February 2012
Credits: The Star, Saturday 11 February 2012
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