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I like the Chinese saying that, 'if you don't want people to know, just don't do it'.
It's a good reading,
The only weakness of the book is that she misses some of the dirt (the prostitution ring busted the same week as the drug ring at Sharon Woods Technical Center, for example) and some of the weaknesses of the company (low pay among technical people, driving out experienced people to bring in legions of temps with no loyalty to the company, and much more).
Procter isn't unique in its problems, but if they are not addressed honestly and in a timely fashion, in the long term, the company is in trouble. This 'elephant' does not dance, and they cannot go on buying good companies and running those brands into the ground while gutting research and innovation in-house.
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Fiction or non-fiction, the story needs to be a 'page turner.' For example, the author glossed over the aborted attempt to move marketing headquarters from Rochester to D.C. The dramatic moment was a semi, drapped with a protest message by local merchants, parked in front of Kodak Headquarters during a board of directors meeting. The board freaked and the move was over in a Kodak moment. The author destroys CEO Kay Whitmore's financial judgement, but omitted an infamous memo by Jack Thomas, Whitmore's president, to all employees to reduce everything from postage stamps to toilet paper to achieve fourth quarter earnings. Wall Street howled and the stock went down with the stamps.
Without the real drama, Ms. Swasy dabbles in a variety of mundane opinions by employeees, insiders and the community. The Class of '93, a group of layoff victims, revisited often in the book, was not generally a sympathetic group. This is especially true of the Coutures, a yuppie couple impacted by layoffs, who sang, 'The world owes me a living,' throughout the book.
Swasy's biggest challenge is that the Kodak story is far from being complete. The battle with Fuji, the shift to digital, and the change in culture may one day yield a dramatic business case and drama. 'Changing Focus' is a blurred attempt, which falls short.
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