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I’ve always appreciated the numerous salient points in this 2012 Economist blog post comparing how Kodak and Fuji Filmfilm responded to the ascendency of digital cameras:

https://www.economist.com/business/2012/01/14/the-last-kodak...

or

https://archive.ph/W9MMG

The article succinctly captures the responses of the companies, consumers, and the stock market. The lessons demonstrated by the relevant actors are ones I’ve carried with me in my own business work and shared with others when appropriate.



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