Posted by NY 986 on January 07, 2017 at 09:49:54 from (184.53.48.156):
In Reply to: Re: Farm Equipment R D posted by northvale pa on January 07, 2017 at 09:13:17:
Two of my mother's uncles were engineers for Kodak from the 1960's through the 1980's. The engineers put management on notice many many times about new technologies that would push film aside and management would not listen. It could have been done early enough that the R & D would have barely been a blip on the bottom line to pursue digital technology. By the time management really stood up and noticed the R & D would have been a significant pull on the bottom line and Wall Street was watching every company and putting out profit warnings scaring investors if they bought a pack too many of pencils and note pads.
As said in the other thread IH's problems were obvious to those at Corporate as early as the early 1960's. A friend of my fathers said that any year that the ag division had a bad performance there was always one stock holder group that pushed very hard to get IH out of ag products or at least seriously reduce offerings to the most profitable lines.
It is only hindsight to us outsiders versus the people who were there for the front row seats.
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