1 Reason Businesses Fail to Change Their Business Model

Very interesting look at the failure of Eastman Kodak, to handle a successful  transformation of their business into the digital world, by Scott Anthony (@ScottDAnthony).

The right lessons from Kodak are subtle. Companies often see the disruptive forces affecting their industry. They frequently divert sufficient resources to participate in emerging markets. Their failure is usually an inability to truly embrace the new business models the disruptive change opens up. Kodak created a digital camera, invested in the technology, and even understood that photos would be shared online. Where they failed was in realizing that online photo sharing was the new business, not just a way to expand the printing business.