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."

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Re:Incidentally...

[gopla]

After all, there isn't any reason why a company needs to struggle to perpetuate its existence forever(any more than a company would struggle to perpetuate the existence of a given product line forever).

That would be equivalent to euthanasia for companies. But there are real reason why it is not universally accepted. For all companies that have died there are enough examples that have struggeld and come out stronger. Nokia and Apple comes to mind immediatly. They diversified and successed beyond immagination.

The message is: don't quit too easily.

Re:Poor management

[symbolset]

I'm sure the argument was that if they promoted the new technology it would "cannibalize" their traditional revenue base. There is a lesson here.