Riordan Problem Solution

Problem Solution: Riordan Manufacturing Riordan Manufacturing is a global plastics producer that employs 550 nation with projected annual earnings of $46 million. Riordan is an industry attracter in the field of plastics injection molding, and has top design capabilities and creates ripe plastic designs that have earned international acclaim. Riordan has facilities in California, Georgia, Michigan, and a global presence in Hang Zhou, China. Riordans death chair is the primary stakeholder and founder of the company and his focus is on increase sales and financial profits, while increasing the value of his investments, as he gets closer to retirement. Through past successful traffic strategies, Riordan is today a Fortune 1000 enterprise with revenues in the excess of $1 billion. Due to recent declines in sales, Riordan enforced a change to the internal sales process and select a customer-relationship management system, in addition making changes to the manufacturing and marketing of their products. Additionally, Riordan is experience low employee motivation and job satisfaction levels, which ar also affecting productivity internally. This paper go forth dissertate the current situation, investigate the stakeholders perspectives, and determine end-state goals for Riordan.

In addition, this paper will recommend alternate solutions, discuss the risk involved, and will choose and plan the implementation of an optimal solution. Situation Analysis trim down and Opportunity Identification A recent annual employee survey conducted by the human resource director revealed a decrease in overall job satisfaction especially in the areas of recompense and benefits. There has also been a decrease in employee retention due to changes from outsourcing manufacturing processes to a new manufacturing facility in China. Riordans President and the Chief Executive Officer (CEO) of the company bank that the employees of the company are well taken care of when it comes to... If you extremity to get a full essay, order it on our website: Orderessay

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