The Dim Lighting Company

880 WordsDec 13, 20114 Pages
Case Analysis: The Dim Lighting Company Macro Dim Lighting Company needs to review all of the pros and cons of moving forward with this project. The changes of the industry are determining that they cannot sit back and wait for a better time within their company to develop new products that will compete with the competition and possibly lead them above the competition. They have to decide whether they will be proactive and continue forward with the development of new products or if they will be reactive and get the equipment necessary to continue doing what they are doing. Ultimately, they need to look at the future to decide what the best decision for now is. Raising current profits is necessary but without the development of the new…show more content…
They should look at all aspects of the development, both good and bad. Working with Mr. Spinks they should look to try and save as much money as they can in the development of the product. Mr. Spinks should be an integral part of this project since it is his ideas that are going to influence the issue. When submitting a proposal for funding, he should include the money necessary for current equipment upgrades. Without those upgrades they may not last long enough for the project to even reach production. Recommendations Mr. West should reach out to the parent company for funding. With all of the work done with Mr. Spinks and the accountant he should be able to present them with the necessary information to back up his decision to both move forward with the project development and upgrade the equipment. If, in the end, they cannot come up with the funding necessary then the budget committee needs to start over and manage to work the budget out so that the equipment that most direly needs to be replaced can be and the project can move forward even if it takes longer than originally planned. He has to move forward with both the equipment upgrades needs now and the development of the new product. Only with both can he guarantee that they can last throughout the next few years until the product development in
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