A few days ago I heard a terrific speech by Kodak’s CMO, Jeffrey Hayzlett. If you watch it, you’ll find that it starts 14 minutes into the clip.
Hayzlett is perhaps the most prolific Twitterer of all Fortune 500 CMOs, and he had much to say about social media. But it was Kodak’s attention to market strategy that turned my head. Orchestras have feared irrelevancy for decades. But how do our challenges stack up against Kodak’s? Five years ago Kodak sold $15 billion of film. This year consumer film sales will be less than $200 million.
Leaping Over Hurdles
Yet Kodak has reinvented itself as a digital imaging firm which is now 80% business-to-business. Sales are now $10 billion, with record profits and double-digit growth. That’s a heck of a turnaround. And that’s in a brutal economy. Continue reading






