An analysis of the Dowling Flexible Metals Company diversification strategy.
Written in 2005; 900 words; 0 sources; $ 35.95
Paper Summary:
This paper discusses the Dowling Flexible Metals Company case in which the Dowling company developed with relative rapidity from its beginnings in a small garage. The paper describes how they started out as a company fabricating dyes for making minor component metal parts for automobiles. When it was decided that diversification was necessary, so as not to be tied so closely to the automobile, the company started to expand into new markets with new metal products. The paper examines how the company now has problems that need to be addressed.
From the Paper:
"The Dowling Flexible Metals Company developed with relative rapidity from its beginnings in a small garage. What started out as a company fabricating dies for making minor component metal parts for automobiles. When it was decided that diversification was necessary so as not to be tied so closely to the automobile, the company started to expand into new markets with new metal products. The company grew rapidly after that and in 1980 found itself with greater size, more debt, and a number of problems that had not been addressed during the period of growth. The immediate issue is to examine the company and to recommend how to make things run better."
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