Luke Donald, the world’s number one golfer, misses the green by a mile as he plays from amongst the 250ft high sand dunes in Abu Dhabi’s Liwa Desert at the entrance to Rub Al Khali (The Empty Quarter) at the Abu Dhabi Golf Club on January 24, 2012 in Abu Dhabi, United Arab Emirates. (David Cannon/Getty Images)
How Kodak Squandered Every Single Digital Opportunity It Had
The most immediate takeaway from the fall of Kodak is clear: Don’t be afraid to cannibalize your own business in the name of progress. This is seen time and again in the digital revolution: Sony’s reluctance to develop a competent digital Walkman left an opening for the iPod. Blockbuster laughed off Netflix in the early days, then went bankrupt when it couldn’t compete with its Web-based competitor. And iPads may be eating up some Mac sales, but Apple’s bottom line is stronger than ever.



