Diamond in the Rough (A) Harvard Case Solution & Analysis

Diamond Technology Partners, a consulting firm based in Chicago, was founded in 1994 by Mel Bergstein and Chris Moffitt, with the investment of the founding partners and guarantees Scientifics. In April 1996, immediately after the financial year, the two largest customers to abandon the project, representing 50% of revenues for the previous quarter. A few weeks earlier, the management was to raise $ 50 million revenue forecast for the year, has hired 28 new employees to start next September and promised to employees at year-end bonuses. Management is also expected that the company will go public in the next 12 months. Bergstein wonders whether there is a future for Diamond. "Hide
by Thomas J. DeLong, Catherine Conneely Source: Harvard Business School 19 pages. Publication Date: 01 May 1998. Prod. #: 898115-PDF-ENG

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