Eastman Kodak's Bruce Russell: real estate through a wide-angle lens

Article Abstract:

Kodak's Finance VP Bruce Russell was tasked to reorganize the corporation's real estate. Russell's lack of knowledge about real estate operations did not deter him from making a cost-effective manager. He had to condider the diversity of Kodak's operations which include manufacturing of films, cameras, copiers, printers, imaging peripherals, graphic-arts equipment, chemicals, health care products and pharmaceuticals. Russell forged alliances with Binswanger, CB Commercial, Goldman Sachs and LaSalle Partner to handle Kodak's owned and leased assets. Management of the different Kodak facilities was also decentralized enabling each to contain real estate costs.

Photographic equipment and supplies, Analysis, Conglomerate corporations, Real estate management, Buildings and facilities, Eastman Kodak Co.

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Eastman Chemical CEO Earnest Deavenport: restructuring to go global

Article Abstract:

Eastman Chemical Co's chief executive officer (CEO) Earnest Deavenport details the restructuring process undertaken by the firm. The strong track record of Eastman in the US market actually spurred such restructuring process since further growth will be difficult to achieve without an international presence. Thus, aggressive globalization has become a key plank in the company's ambitious restructuring. Deavenport admits, though, that new blood coursing through Eastman's top management supplied the impetus for reorganization. While the basic reorganization is complete, the larger process of structuring is evolutionary.

Plastics materials and resins, Chemical preparations, not elsewhere classified, Management, Cover Story, Chemical industry, Deavenport, Earnest W., Jr., Eastman Chemical International Ltd.

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New IDRC research: Mike Bell's model for 'Globalizing and Integrating Corporate Infrastructure'

Article Abstract:

International Development Research Council's former president, Mike Bell, has released his work on corporate infrastructure integration through the organization. Entitled 'Globalizing and Integrating Corporate Infrastructure: The New Corporate Real Estate Imperative', the research delves into how corporations should manage their property holdings in view of the changes in the manufacturing sector and in global economics. The basic premise of Bell's research is that a corporation's holdings should be managed according to the need for organizational proximity and the intensity of knowledge work.

Business Records Management, Research, Methods, Reports, Real estate, Business planning, Real property, International Development Research Council, Business records, Records management, Bell, Mike

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