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Managing The Transition From Maturity To Decline: Diamond Power Corporation
Part 1 of Paper ....m its humble beginnings in 1903 to its decline in
1991.
The birth of Diamond came with the invention of the hand cranked soot
blower. As the years and technology progressed, so did the Diamond soot blower.
Along with this main product, Diamond also added several other products to its
line, but none had the profitabilit.... Part 2 of Paper ....ime, production efficiency and technology were not enough. Diamond eventually
had to add foreign sales, customer service, and replacement part production to
its original plan to keep ahead of the game. By the 1970's, the mission to
supply replacement parts and service became one of Diamond's top priorities as
it opened parts and service plants in New Jersey, Georgia, Ohio, Texan, Colorado,
North Dakota, California, and Washington.
Diamond Power's goals over the years seem to stay pretty congru.... |
Number of words: 1659 - Approximate pages: 7 |
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