Riordan Manufacturing Free Essay, Term Paper and Book Report
Intro:
Riordan Manufacturing is a successful plastics manufacturing organization operating for at least a decade. Riordan has been very successful, but for the past couple of years the company has seen a decline in sales and profitability. Also employee morale and retention have also become a huge issue for Riordan. In order to develop a strategy to address Riordans problems, the company must identify the problems and opportunities that are present. Riordan Manufacturings should develop and have an open discussion for alternative solutions to help the company find issue resolution and provide focus on available opportunities. There are five main problems Riordan should be aware of:
Decline in sales and uneven profits.
Poor morale and increasing employee turnover (includes problems with training, compensation, lack of recognition, etc.)
Lack of leadership and unity within the leadership team.
Ineffective human resources department and initiatives.
Improvements with the internal issues (human capital) Riordan Manufacturing will become a much profitable a......
Word Count: 720
Page Count: 2.8 (250 words a page / double spaced)
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