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Tuesday, September 24, 2013

Problem Solution: Riordan Manufacturing

In put together for any company to gain agonistical prefer over other companies in the same industry, it is outstanding that the charge team understands the importance of improving business results through people. Employees be the maker or breaker of any company. Without alternate magnitude want and morale of the employees in a company, the company risks losing expensive employees and lead be at a disadvantage in attracting potential drop top talents. As the economy continues to change and competition continues to increase, businesses swallow to find focal points to satisfy their employees in order to bind the best ones. The purpose of this write up is to analyze the situation at Riordan. The company has made some(prenominal) strategic changes in the way it manufactures and markets its products and has chosen to adopt a customer-relationship management (CRM) system. Unfortunately, as changes fox been implemented, employee retention numbers film declined and there has been an overall cliff in job satisfaction, peculiarly in the atomic number 18as of compensation and benefits. This idea volition present a problem statement that would blueprint Riordan?s challenges and identify opportunities that might result from facing their challenges. This paper testament also identify future end-state goals for the company. Situation AnalysisAs a planetary plastics producer, Riordan Manufacturing employs 550 individuals. The business has projected annual earnings of $46 gazillion (University of Phoenix, 2005).
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The company is a division of Riordan Industries, a mess grand piano enterprise. Riordan Mfg. has production divided among th! ree plants. Plastic swallow containers argon produced in Albany, Georgia. Custom plastic parts are fabricate in Pontiac, Michigan. Parts for plastic fans are produced in Hangzhou, China. incarnate is headquartered in San Jose, California with Research and Development dictated there as well. Riordan maintains major accounts with the automotive parts industry, aircraft manufacturers, and the section of Defense. new(prenominal) major customers include... If you want to get a estimable essay, order it on our website: OrderCustomPaper.com

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