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H_Fisher writes "Michael Hiltzik of the L.A. Times writes with a frank look at the decisions and changes that have led to Kodak's decline from top U.S. photography company to a company whose product is almost irrelevant. He writes: "[Kodak] executives couldn't foresee a future in which film had no role in image capture at all, nor come to grips with the lower profit margins or faster competitive pace of high-tech industries." He also notes that Kodak's story comes as a cautionary tale to giants like Google and Facebook." Link to Original Source
The degree of technical confidence is inversely proportional to the
level of management.