January 5, 2012
Kodak Preparing for Chapter 11 Filing


Sad. But this should be a lesson for today’s larger tech companies: keep innovating or die a slow, dull death.

And as a bonus lesson: patent lawsuits will not save you.

This was something inevitable, like the death of the typewriter.  I found this excerpt interesting:

Such uncertainty was once unthinkable at Kodak, whose near-monopoly on film produced high margins that the company shared with its workers. On “wage dividend days,” a tradition started by Kodak founder George Eastman, the company would pay out bonuses to all workers based on its results, and employees would use the checks to buy cars and celebrate at fancy restaurants.

Former employees say the company was the Apple Inc. or Google Inc. of its time. Robert Shanebrook, 64 years old, who started at the company in 1967 and was most recently world-wide product manager for professional photographic film, recalls young talent traipsing through Kodak’s sprawling corporate campus. At lunch, they would crowd the auditorium to watch a daily movie at an on-site theater. Other employees would play basketball on the company courts.

Read the line I marked in bold font.  Without knowing more, George Eastman is seemed to be a really classy guy, an executive ahead of his time.

1:02am  |   URL: http://tmblr.co/ZlVyHyEI12yr
Filed under: management 
June 30, 2011

Organizational charts for tech companies. (via @mrandre)
Actually, I think they got it exactly right.

I found this amusing, it features org. charts of major tech companies.


Organizational charts for tech companies. (via @mrandre)

Actually, I think they got it exactly right.

I found this amusing, it features org. charts of major tech companies.

(Source: teradome)

January 12, 2011

David Stern needs to realize that people are going to games so watch referees.  The arrogance of NBA referees is astounding and they are single-handedly destroying the NBA with the support of David Stern.

NBA Refs currently:

  • Can give fouls and throw out NBA players and coaches for completely subjective actions
  • Are generally the worst officials of any major sport

NBA fans currently view NBA Refs as:

  • being biased towards major markets
  • being biased towards specific players (Dwyane Wade getting mysterious foul shots for phantom fouls against the Mavericks in the Finals a few years ago is a great example)
  • being incompetent in general

As a manager, you would that David Stern would seek to improve his product (basketball games) by improving the officiating, instead he has:

  • fined players and coaches for criticizing officials, even when the criticism is justified.  This action further discourages fans from watching what they perceive to be increasingly a rigged product where their favorite team has no chance
  • refused to acknowledge that poor officiating in the NBA is a problem

August 25, 2010
"Your CFO comes to you and says that he wants to continue developing as a manager. He says that he would like to eventually become a COO and would like to know what skills he must demonstrate in order to earn that position in your company. Being a positive leader, you would like to encourage him to pursue his dream. You tell him that you think that he’d be a fine COO some day and that he should work to develop a few more skills. In addition, you tell him that he’ll need to be a strong enough leader, such that other executives in the company will want to work for him. A week later, one of your other executives comes to you in a panic. She says that the CFO just asked her if she’d work for him. She says that he said that you are grooming him to be the COO and that’s his final step. Did that just happen? Welcome to the big time."

welcome to the big time indeed

running a company is hard

How to Minimize Politics in Your Company // ben’s blog

(via fred-wilson)

Go read the full blog post!  It’s an amazing piece on corporate politics which also features logical analysis on different potential corporate politics conflicts as well as recommendations for each conflict encountered (recommendations are also backed by very tight reasoning).