From: Bruce Walker

On Wed, Dec 21, 2011 at 2:14 PM, Bob W <[email protected]> wrote:
http://www.marketplace.org/topics/business/economy-40/decline-kodak-
offers-lessons-us-business

A story on Marketplace, transcript and audio. Interesting reader
comments also.

Tom C.
they say it offers a lesson for US business, but IBM did the same thing -
twice (DOS and Oracle) - and has managed to recover.

B
But IBM merely had to hire and/or shift software architects and
developers into the rebuilding project and jump-start it. The
infrastructure for computer software is all there.

This article is pointing out how, if you let entire product categories
go, then the manufacturing know-how, the staff, designers, all the
infrastructure goes too. Think about another category that was big up
until the 1970's then disappeared from North America: televisions and
hifi. If the US wanted to build that consumer electronics again, it
would have to start absolutely from scratch. There's nothing there. No
supply chain, no designers, no manufacturing, nada. All TVs and hifi
stuff is now made in the Pac Rim somewhere.

Most of your computer components too. There may be some assembly plants left in the U.S.

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