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Leanna Byrne

πŸ‘€ Speaker
308 total appearances
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Appearances Over Time

Podcast Appearances

Business Daily
Reinventing Kodak

What does Kodak do?

Business Daily
Reinventing Kodak

One of the most consequential decisions was to keep and reinvent in film, even when it was losing money.

Business Daily
Reinventing Kodak

Jim invested millions in equipment that had not been manufactured for decades, restoring production capacity and fixing how film was made and sold.

Business Daily
Reinventing Kodak

Did Jim ever consider scrapping that side of the business?

Business Daily
Reinventing Kodak

Would it have made his life easier to say goodbye?

Business Daily
Reinventing Kodak

That is a big name.

Business Daily
Reinventing Kodak

So for anyone who's returned to analogue film over the past few years, you can thank the acclaimed Hollywood director Christopher Nolan for having a word with Jim about it.

Business Daily
Reinventing Kodak

He must have been convincing because to revive technology that is on its way out costs a lot of time and a lot of money.

Business Daily
Reinventing Kodak

Alongside this, Kodak began using its manufacturing more intensively.

Business Daily
Reinventing Kodak

The same coating and chemical processes that make film possible, he says, can also be used far beyond photography.

Business Daily
Reinventing Kodak

It's investing about $20 million in a new manufacturing plant at the Eastman Business Park in Rochester, New York.

Business Daily
Reinventing Kodak

The facility is part of Kodak's Advanced Materials and Chemicals Division and will produce pharmaceutical products.

Business Daily
Reinventing Kodak

Seeing as tariffs is something manufacturers around the world are having to deal with, is it affecting Kodak's business?

Business Daily
Reinventing Kodak

So you've kind of got around it by not having to cross borders, is it?

Business Daily
Reinventing Kodak

Finally, Jim is known as the boss on the factory floor.

Business Daily
Reinventing Kodak

He spends a lot of time walking production lines, talking to the people who actually make Kodak's products.

Business Daily
Reinventing Kodak

So what does a boss who really values his staff think about AI?

Business Daily
Reinventing Kodak

And if you think of how Jim approached the Kodak turnaround, he doesn't seem like a guy to wait around.

Business Daily
Reinventing Kodak

Kodak today is smaller than it once was, but it's more focused.

Business Daily
Reinventing Kodak

It's no longer trying to be a consumer electronics brand or chase the next digital platform.