19. How the mighty have fallen

If you do not change direction,
you may end up where you are heading.

Lao Tzu

 

How the mighty have fallen!

2 Samuel 1:27

 

Eastman Kodak filed for bankruptcy today. Seems amazing, but it's been coming. While much of the analysis in the media will focus on competition from Japan in the 1980s, a failure to shift successfully from film to digital, and the sinking U.S. economy, it's true that other companies have been able to adapt to changing situations. My professional photographer husband remarked, "I could have told them what they needed to do twenty-five years ago: listen to their customers. They were such an incredibly arrogant company."