Saddened by the demise of once great companies


Kodak, Nokia, RIM, Hewlett-Packard.Invisible hand

Four names that once represented powerful companies who could do no wrong. Today, they are struggling to remain relevant – or to even survive.

The current (Kodak)chief executive, Antonio M. Perez, has tried to reinvigorate the company by focusing on inkjet printers, commercial printing and the company’s vast portfolio of patents, which the company has licensed and are now attempting to sell.

But Mr. Perez’s strategy has caused the company to burn through cash, and analyst Shannon Cross, of Cross Research, said it was only a matter of time before the cash ran out.” (Source: New York Times)

H-P is paying millions to failed leaders. RIM can’t seem to make a product anyone wants (e.g Playbook) and Nokia has the same problem.

Interesting times we live in, don’t you think?

What do you think? We love comments and those who share.

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Jeff Ogden (@fearlesscomp) is the President of the B2B lead generation consultancy Find New Customers. Find New Customers helps companies dramatically improve revenue results by transforming the way they attract, engage and win new customers. Contact Find New Customers by calling (516) 495-9350 or sending an email to sales at findnewcustomers.com.

“If more companies listened to (Find New Customers) a lot more would be sold.” Dan McDade, Pointclear.

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