This website uses cookies to ensure you have the best experience. Learn more

Problem Solution: Riordan Essay

6142 words - 25 pages

AbstractRiordan is a global manufacturer of plastic parts. The company has recently become ISO 9000 certified, implemented six sigma, a new CRM system, and a team approach to sales. Profits are unsteady and sales are in a two-year decline. Employee dissatisfaction is growing at an alarming rate. Citing dissonance between the rewards and performance requirements, employees are uncertain and the turnover rate has increased.Riordan Manufacturing Corporation is under pressure to revamp HR practices to boost employee morale and retain employees. This paper applies the technique of the nine-step model to benchmark solutions to problems existing in Riordan Manufacturing Corporation. Research focuses on HR strategies on employee motivation and reward. Each solution was substantiated by details and took into account all stakeholder perspectives. Risks associated with solutions are also identified and mitigation plan are proposed. Based on the research conducted, it is recommended that human resources at Riordan Manufacturing Corporation should take immediate actions to help organization and improve organization effectiveness by building a high performance workforce.Riordan must identify the underlying problems and find solutions to motivate employees and reverse the decline. Compounding the problem is the fact that the employees are from three different generations, with differing values and motivations. Riordan must develop incentives that will be perceived as fair and equitable, and encourage employee developmentProblem Solution: InterClean CorporationSituation Background (Step 1)Riordan is a plastics manufacturing company that has recently made several changes in the way it manufactures and distributes products. The company recently implemented a Six Sigma quality approach, and is now ISO9000 certified. This has changed the processes and procedures in the way goods are manufactured. The company has also adopted team approach to sales. Customer-segment sales teams include a sales person, a product engineer and a customer service rep. In response to declining sales over the last two years, the company has adopted a customer-relationship management system.As these changes have been implemented, employee satisfaction and retention numbers has declined. Employee surveys show a decrease in job satisfaction, compensation and benefits. Management is divided on how to approach the problem. Each of the managers sees the problem form their own functional perspective. Each area of the company has identified a disconnect between the required performance and the resulting reward. The Employee survey indicates falling ratings in compensation fairness, personal opportunity, and overall job satisfaction.Management has hired Human Capital Consulting to conduct an analysis to identify the underlying issues of employee dissatisfaction, and to recommend potential solutions. The consultant has identified several problem areas and opportunities for improvement. They have...

Find Another Essay On Problem Solution: Riordan

Problem Solution: Riordan Essay

4888 words - 20 pages Problem Solution: Riordan PAGE \* MERGEFORMAT 11 Running head: PROBLEM SOLUTION: RIORDANProblem Solution: RiordanRiordan Manufacturing recently expanded the production facility to China. The organization had to look at hiring various individual from different countries because of competition. Therefore, the organization will have to tackle and overcome the cultural differences these employees bring. The paper will present the events of the

Problem Solution: Riordan Manufacturing Essay

4745 words - 19 pages that they have a weak person in a lead role. By observing how effective the director is working with the consultant, they will be better able to gauge the situation. If it appears that the problem is an organizational chart issue, it can be addressed sooner. Riordan should wait until the changes are completed to replace the HR director.Optimal SolutionThe optimal solution in this scenario is to combine alternatives one and three for immediate

Riordan Problem Solution

3951 words - 16 pages Problem Solution: Riordan Manufacturing PAGE \* MERGEFORMAT 19 Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURINGProblem Solution: Riordan ManufacturingUniversity of PhoenixProblem Solution: Riordan ManufacturingRiordan Manufacturing (Riordan) is a global plastics manufacturer with annual earnings of $46 million, producing plastic beverage containers, custom plastic parts, plastic fan parts, and research and development, (Scenario, 2010

Problem Solution: Riordan Manufacturing

4481 words - 18 pages plastic automotive fan parts in Hangzhou, China. The corporate headquarters is located in San Jose, California. Recent declining sales and profits are possible symptoms of growing employee morale and retention problems. This paper will describe the situation facing Riordan, identify the issues and opportunities facing the company, define a clear problem statement and describe the end state vision. I will then propose and select alternative solutions

Riordan Problem Solution and Defense

4600 words - 18 pages Problem Solution: Riordan PAGE \* MERGEFORMAT 10 Running head: PROBLEM SOLUTION: RIORDANProblem Solution: RiordanJanie LundayUniversity of PhoenixProblem Solution: RiordanRiordan Manufacturing, Inc (Riordan) is an industry leader in the field of plastic injection molding and global plastics manufacturer, wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. The company employs 550 people with

Strategic Plan Development

1332 words - 5 pages for them. Riordan is undoubtedly a leader in their industry and their aspiration and mission is to continue to be a leader in the industry while developing innovative ideas and being a solution to their clients and not a problem. They also are striving to be an enormous company with knowledgeable employees who are extraordinarily informed of the workings of the business and products.TQMTotal Quality Management is a strategic level objective for

Corporate Compliance Plan

1342 words - 5 pages through an Alternative Dispute Resolution (ADR). Using an ADR is an inexpensive way of resolving issues. The ADR is a well known solution that enables organizations to settle issues outside of a courtroom. The ADR is less stressful, faster, and a cheaper way of settling issues. The ADR Riordan can use is mediation and arbitration. Mediation is a form of ADR where the parties meet together with a third party who will listen to all parties and assist

Strategic Plan Development Paper - Riordan Manufacturing

1285 words - 5 pages leader in their field. Riordan also wants to achieve success through providing great support to their customers and helping solve issues for them. Riordan is clearly a leader in their industry and its goal and mission is to continue to be a leader in its organization while developing new ideas and being a solution to its customer and not a problem. They also are striving to be a great company with knowledgeable employees that are very

ERP for Riordan Manufacturing: Project Planning and Implementation

2369 words - 9 pages , China, Riordan has the capacity to fulfill plastic industry needs around the world. Riordan Manufacturing is wholly owned by Riordan Industries, a Fortune 1000 enterprise.Riordan requires replacement of unlike finance and accounting systems and the deployment of a common integrated finance and accounting infrastructure spanning all of the Riordan Manufacturing divisions. The planned solution for this project is a newly deployed finance and

Process Identification and Analysis Paper

1263 words - 5 pages before it goes to package and shipping.Quality toolsIn Riordan's quest for perfect first time quality they will have to employ specific quality tools to collect and present data. In reaching the goal of zero defects, this calls for revealing and solving problems at the source. Therefore, stratification is one analysis tool Riordan can use to investigate the cause of the problem. Based on key characteristics, stratification will aid in identifying

Riordan Manufacturing: Financial Analysis

1921 words - 8 pages Statement and Balance Sheets. Monthly audits had to be conducted and compliance with new government regulations required consolidated reporting requirements. The additional man hours and inconsistency in reporting was transparent to Riordan's customers and suppliers. Riordan had expressed that these challenges were unacceptable and wanted to work toward a solution as soon as possible.Accounting Software ModulesAfter analyzing Riordan Manufacturing's

Similar Essays

Riordan Problem Solution Essay

1011 words - 4 pages Problem Solution: Riordan Manufacturing Riordan Manufacturing is a global plastics producer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Production is divided among three plants: plastic beverage containers in Albany, Georgia; custom plastic parts in Pontiac, Michigan; and plastic fan parts in Hangzhou

Problem Solution: Riordan Manufacturing Essay

4754 words - 19 pages . This paper provides a problem solution proposal that will give Riordan the best possible suggestion for achieving their desired outcome.Situation AnalysisIssue and Opportunity IdentificationRiordan Manufacturing, Inc. is a global plastics producer and a leader in the field of plastic injection molding. It has projected annual earnings of $46 billion and its four facilities employ 550 people (Riordan Scenario, 2008). Sales and profits over the past

Riordan Problem Solution Essay

3664 words - 15 pages Problem Solution: Riordan ManufacturingRiordan is a plastics manufacturing company that has recently made several changes in the way it manufactures and distributes products. The company recently implemented a Six Sigma quality approach and is now ISO9000 certified. This has changed the processes and procedures in the way goods are manufactured. The company has also adopted a new team approach to sales, in order to better facilitate the needs of

Problem Solution: Riordan Manufacturing Essay 5132 Words

5132 words - 21 pages Problem Solution: Riordan Manufacturing PAGE \* Arabic 22 Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURINGProblem Solution: Riordan ManufacturingThomas D'AmoreUniversity of PhoenixProblem Solution: Riordan ManufacturingIn order for any company to gain competitive advantage over other companies in the same industry, it is important that the management team understands the importance of improving business results through people. Employees