Problem Solution: Riordan Manufacturing
Riordan Manufacturing (Riordan) is addressing shifting business strategies that mensurate quick product adaptations, streamlined organizational structures, and team-based work. In addition, ecumenical markets are experiencing a severe talent shortage. Riordan reacts to uneven win and declining sales by making strategic changes in its manufacturing and merchandise efforts. Adopting a team based focus, Riordan encounters unexpected difficulties. Unfortunately, decreased handicraft satisfaction and reduced productivity have been Riordans riposte.
aft(prenominal) extensive management meetings and employee observes, Riordans CEO presents the following findings from a human resource (HR) consultant: The organization will need to address its existing HR systems to determine if it effectively supports its strategic goals. Employees have expressed much dissatisfaction with insufficiency of professional challenges and lack of opportunities to advance. Additionally, lack of trust is mounting as employees view their mind process as inconsistent, subjective, and supporting individual performance. Riordans hypercritical talent has also voiced a desire to judge employment elsewhere as competitors offer better stipend compensation.
This critical talent would also take sensitive proprietorship information to competitors.
Situation Analysis
Issue and Opportunity Identification
Riordan is a $46 million dollar global plastics producer with three mathematical product plants located in Georgia, Michigan, and China. Riordan has experienced slumping sales and erratic scratch the previous two years. Determined to correct this trajectory, leadership pore its strategy on a team-based CRM system.
Given the current reward system that recognizes seniority, positions, and cost-of-living increases, Riordan watches as employee morale diminishes. In addition, an annual employee survey displays decreased global job satisfaction. As a reply of itsIf you want to get a full essay, order it on our website: Orderessay
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