Kodak has filed for Chapter 11 bankruptcy protection on January 19th. Once an ‎innovative leader that transformed photography for the mass market, it is today ‎a wreck that has left a number of major entertainment companies and many ‎others with millions of dollars in unpaid bills. Some might argue that it had a ‎decent strategy plan (arguable) that was based on a through and ‎comprehensive planning process, and others will say that Kodak had a detailed ‎ERM (Enterprise Risk Management) plan. But something big clearly went wrong.‎

A drama is unfolding in Ontario with its air ambulance service, in which senior ‎managers and the Board have been fired amid allegations of using public money ‎to further private investments. ‎