Friday, January 6, 2012

Kodak May Soon File for Bankruptcy

INNOVATE OR DIE

There was news today that Kodak, an iconic US company and brand, may soon file protection under Chapter ll (bankruptcy).  It has lost money over several years and its stocks were dumped by investors recently. This is another bad event for US economy and the employment picture in USA

Some questions:

l.  What are the environmental forces that forced Kodak to lose money?

2.  What should it have done?

3.  Who benefited from Kodak's fall?

4.  What other enterprises are in the same situation as Kodak?   What should they do?

5.  If you are appointed turn around CEO of Kodak, what will you do?

6.  Why is NU6 relevant to this situation?

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