For a venture group to be considered really effective, a huge amount of time needs to be spent in facilitating interaction between the portfolio companies and the corporation. You must learn by doing. We have made mistakes along the way. But we realized we could not succeed by studying too long and developing a rigid five-year plan. We have learned quickly and adjusted tactics while maintaining our vision of transforming Eastman into an organization focused on customers.
Strategy is execution.
The disagreements between the general contractor, Belcor Megan Group of Hackensack, N.J., and Robotic Parking Inc. of Pinellas Park, Fla., have delayed the opening of the facility. She declined to go into specifics on a timetable.