I fail to see a real successful path Kodak could have taken. Ultimately they had a huge business in place around an industry that essentially disappeared.
They did see it coming, and tried to diversify, but it is very difficult to do that successfully. When your existing business is huge and incredibly high margin, it's very hard to replicate that in a different business.
Originally Posted by mf15
Very sad indeed. Another case of gross managerial incompetence contributinng to the demise of American industry.