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Managing The Transition From Maturity To Decline: Diamond Power Corporation
Beginning of Essay
This case study, prepared by Richard C. Scameborn, follows the Diamond
Power Specialty Company from 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 pro .... Middle of Essay
.... as it continued working,
basically stayed the same up until the addition of competition into the market.
At this point, Diamond had to revise its mission to include technological
advances to stay ahead of it main competitor, Copes-Vulcan. With the passage of
time, 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,
N ....
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Words: 1659 - Pages: 7
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