The Business Day column at the New York Times has a longish article on the steps Kodak is taking to make itself turn a profit. Reporter Quentin Hardy follows recently installed CEO Jeff Clarke who is trying to leverage Kodak’s still significant patent portfolio and, more importantly, its ability to solve real world problems right now with its skills at handling films and nano technology.
Clarke is said to be “shocked” that the company has done so little to make something of the significant R&D its scientists have made over the years, including the first digital sensors in a working camera.
Clark also notes how the company’s $800 million market capitalization is now a sixth of sports cam maker GoPro.
One odd bit is George Eastman’s rather practical view about ending his own Kodak moment (a Lugar pistol was involved).
You can read the article here.