Jim Sharp, president of Extrusion Technology, describes the first five years at the company he bought an aluminum extrusion. It begins with the first day that he presented to employees in 1987 and assured the continuity of the company. Over the next two years, his efforts to make the company profitable included spending cuts, decertifying union, and developing relationships with suppliers. Sharp has learned from mistakes in forecasting inventory of aluminum and capital equipment purchases a new product line, the market never developed. At the end of five years, Extrusion Technology was profitable and good for growth. "Hide
by H. Kent Bowen, Barbara Feinberg Source: Harvard Business School 12 pages. Publication Date: April 24, 1998. Prod. #: 698096-PDF-ENG