Divine Jewelry Co.: From Expansion To Survival

Marcia Lorena Rodríguez-Aldana

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Case Studies
19 A

After working for more than 10?years with a global company, in January 2006 the Guadalajara-based jewelry SME, Divine Jewelry Co. (DJC), was facing liquidity problems, overstock and a debt from a bank loan, among others. The planned expansion of DJC, a family business founded in 1980, had resulted in just the opposite. Daniel, the owner and CEO of DJC, was determined to reverse the company's precarious situation as soon as possible. Some of the questions he asked himself centered on what actions he should take to pay off liabilities and try to survive in the industry his business had held a place in for 25?years. Daniel wondered whether, to pay off debts and have sufficient liquidity to have working capital and move forward, it would be enough to make efforts to recover those clients they had stopped serving, along with getting new ones. In addition, he thought it was necessary to formulate a plan to use the remaining proceeds from the sale of the property if they had to dispose of it. The case is about analyzing the strategic management of a company, specifically its business model, considering the context of its industry. The case also illustrates the problems that arise from focusing on serving a single client.

Subjek

STRATEGIC MANAGEMENT
 

Katalog

Divine Jewelry Co.: From Expansion To Survival
ISSN: 2045-0621
28p.: pdf file.; 1.4 MB
English

Sirkulasi

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Pengarang

Marcia Lorena Rodríguez-Aldana
Perorangan
 
 

Penerbit

Emerald
New York
2024

Koleksi

Kompetensi

 

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