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Mity-Lite (recently renamed Mity Enterprises) was accustomed to delivering consistent 20% annual earnings growth.
FORBES: The Race To Embrace
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Worse, Mity-Lite entrusted its 49% -owned Arkansas affiliate, DO Group, to handle integration--but without designating goals and responsibilities.
FORBES: The Race To Embrace
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Mity-Lite contracted with a half-dozen consultants, who decided not to join the combined company and had little incentive to smooth out the transition.
FORBES: The Race To Embrace
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Orem, Utah-based Mity-Lite did--and it probably cost the company a spot on the 200 Best (where it had landed five of the six previous years).
FORBES: The Race To Embrace