My great aunt had a killer portfolio. Almost every stock that she owned shares in were considered blue chip at the time, with one of her most prized stock holdings being that of Eastman Kodak. Kodak, at that time in the 1960's, was a safe investment that returned good dividends - after all who wasn't taking pictures and getting them developed at the drugstore?
It was my aunt I was thinking of as I was reading of the recent downward spiral of Kodak, on the brink of bankruptcy, trying to sell off its vast patent holdings to stay afloat. In a recent article in the Toronto Star, entitled "The last picture show", David Olive points out that companies that become complacent risk losing everything, especially today, where technology touches every aspect of our lives.
How do you keep relevant in today's fast changing environment? Brian Nichelson outlines 4 steps in "Keeping Up with Technology", by developing a technology awareness strategy. It's easier than you would think and many of the resources he suggested are available at the library, including magazines, newspapers, the Internet and seeking out knowledgeable colleagues.
Check out a few recent additions to our collection on business technology management:
Interested in the storied history of Kodak and the man who founded it? Try some of these titles: