Situation Analysis: Riordan Manufacturing Frank Walker University of Phoenix MBA 530: Human capital letter Development Dr. Bill Lomardi March 8, 2009 Introduction The purpose of this paper is to discuss the results of my piazza analysis of plastics producer Riordan Manufacturing. Due to strategic changes in manufacturing and selling and a rewards and remuneration process that do not second those crude strategies, Riordan Manufacturing is faced with declining morale and work ethic. This paper leave analyze the issues in the political partys reward and compensation process and define opportunities for improvement in an end-stated goal that depart allow Riordan Manufacturing to do a positive outlook on its financial future. Situation Background Riordan Manufacturing is a global plastics producer which employs 550 passel spread across three states and China. The company is wholly own by Riordan Industries, a Fortune 1000 company with revenues in excess of $1 billion. Poor sales and uneven cabbage over the past two years prompted the company to perplex several strategic changes to its sales process and adopt a customer-relationship management (CRM) process.
Instead of being serviced by a integrity person, customers now have a sales team do up of a sales rep, product engineering specialiser and customer service rep. To improve their manufacturing process Riordan has adopted a Six Sigma process and is ISO9000 certified. Some work has been redirected to a new manufacturing facility in China, and plants have been restructured into self-directed work teams. (Scenario: Riordan Manufacturing, 2006). The company has a very diversified workforce made up of Baby boomers, Gen X and Gen Yers. All three demographic groups have different ideas on motivation and compensation. However, money in a persons pocket can fix many ills. This idea is back up by research that has concluded that, Organizations seeking the up-to-the-minute motivational technique may not realize that . . .... If you destiny to get a full essay, order it on our website: Orderessay
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