Kodak's failure to respond to the threat of digital photography has always been a classic example of an innovators dilemma fail... but after reading this I realize it was far worse than I thought.
Having been given 30-40 years of financial data on the effect of digital photography squeezing them out of one lucrative sector they wasted all that unique foreknowledge on ignoring digital photography in the consumer space as well.
Having been given 30-40 years of financial data on the effect of digital photography squeezing them out of one lucrative sector they wasted all that unique foreknowledge on ignoring digital photography in the consumer space as well.