Strategic Plan Development Paper

982 words - 4 pages

Riordan Manufacturing, Inc. is a company that is based off of customer and employee satisfaction. Since Riordan is a company that makes plastic for beverages their cliental would be based on different size companies. One of Riordan's missions is to "strive to be a solution provider for our customers and not be a part of our customers challenges" (Apollo Group, 2006). So as one strategic objective, Riordan would always try to satisfy the customers and always maintain that trust within the cliental. Another strategic objective is to stay ahead of the business. Since Riordan is leading the industry and setting the industry pace, Riordan has to maintain the industry excellence. The third strategic goal is to maintain the employee satisfaction. Riordan has to also gain the trust of their employees and keep him or her satisfied to continue to build cliental and keep a trustworthy relationship. The last strategic objective is to provide good services and products at a reasonable price so that it will be affordable. Making the products and services affordable, will result in new clients and it will increase the revenue. As long as Riordan keeps its clients and employees satisfied and well maintained, the company will continue to succeed and bring in revenue.Total quality management /strategic level objective"Total quality management is a management philosophy that seeks to integrate all organizational functions (marketing, finance, design, engineering, and production, customer service, etc.) to focus on meeting customer needs and organizational objectives. Based on Riordan's mission and goals total quality management is a natural fit for their organization to meet its goals. That is why Riordan has opted for a Six Sigma approach to business. Riordan is committed to continual improvement and open communication. Communication among and between all levels of the organization is a choice that Riordan's management team has committed to in an effort to improve quality of work, product and customer service. In addition to continuous improvement, customer (product) focus and management commitment; Riordan has empowered its employees to participate and be a valuable component of recommendations and change. Finally, in this type of production it is critical that decisions be based on facts."Six Sigma, leading edge R&D and exceeding ISO 9000 standards define the attitude and abilities of Riordan Manufacturing." (Riordan, 2006) This statement is communicated to all employees, customers and visitors via Riordan's company Intranet site. It is obvious the company's commitment to total quality management is strong through its implementation of a Six Sigma approach. "Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects (driving towards six standard deviations between the mean and the nearest specification limit) in any process -- from manufacturing to transactional and from product to service." (Six Sigma, 2006) This is a very...

Find Another Essay On Strategic Plan Development Paper

Strategic Plan Development Essay

1332 words - 5 pages Riordan Manufacturing recognizes and transmits a strategic plan that relates to Total Quality Management. The role of TQM in Riordan strategic plan is acquired through the mission, vision, and objections. TQM is a strategic level objective for Riordan. Globalization impacted Riordan TQM in a constructive manner. Riordan TQM demonstrates how an increased complexity of globalization influenced the industry. Riordan was founded by a chemistry

Quality Management and Productivity: Strategic Plan Development Paper

1120 words - 4 pages The purpose of this paper is to analyze role of Total Quality Management (TQM) in the strategic plan of Riordan Manufacturing. Summarize the Riordan Manufacturing Mission, Vision and the importance of TQM as a strategic level objective. Also, identify the impact and complexity that globalization has on the TQM strategies at Riordan Manufacturing.Riordan Manufacturing views TQM as a collection of processes. We maintain that our organizations must

Strategic Plan Development Riordan Manufacturing

1520 words - 6 pages Strategic Plan Development PAGE \* Arabic 1 Running head: STRATEGIC PLAN DEVELOPMENT PAPERStrategic Plan DevelopmentRiordan ManufacturingStrategic Plan DevelopmentThe development of a firm's strategic plan is essential in identifying the firm's mission, vision, and strategic objectives necessary to ensure company's position in the industry. A strategic plan increases a firm's competitive advantage by defining the firm's business objectives and

Strategic Plan Development: Frozen Paradise

1290 words - 5 pages Quality and Strategic DevelopmentAll businesses today must not only strive for success, but ensure strategic plans are in place to reach and sustain their vision of success. Furthermore, strategic planning must be more than just a theoretical concept; it must involve the integration of all departments and functions within an organization to make the plan a reality. One of the most important focuses in a strategic business plan should be the

Riordan Manufacturing Strategic Plan Development

1076 words - 4 pages Review and Summary of Riordan's Mission and Vision and Strategic Objectives"Riordan Manufacturing is a global plastics manufacturer 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" (Apollo Group Inc., 2004).The Mission and Vision Statement of Riordan Manufacturing is four tier, concentrating on the company Focus

Strategic Plan Analysis Paper

1067 words - 4 pages on management on all levels. A good strategic plan and TQM can reduce the costof qualtiy and increase employee morale by reducing the work load, which ultimatley reduces the amount of complaints from customers. Employees will begin tofeel more apart of the organization and expectations will be meet.ReferencesShapansky, K.(1994). How fact based Management works for Xerox. Retrieved March 15, 2008, from

Strategic Plan Analysis Paper

1448 words - 6 pages .responsiveness4.tangibles5.empathy (John Hopkins University, 2006, p.19).This paper will evaluate the management styles of a long-term care facility that has adopted Total Quality Management and discuss how this facility's management styles compare and contrast with that of Bayada Nurses, a home care agency that provides home care to the elderly nationwide.Management Styles in Long-Term Care Facilities"Compared to other US businesses, the use of quality

Strategic Planning: Short-Term and Long-Term Goals

968 words - 4 pages strategic planning, this paper discusses the strategic goals of Johns Hopkins Medicine’s (JHM) strategic plan. The plan covers six priorities including people, biomedical discoveries, patients, education, integration, and performance. Also, the paper identifies the main stakeholders and the relatively different levels of the strategic plan. Long-term goals Strategic planning is based on and developed from the long-range planning that relies

Strategic Planning and Strategic Management - University of Phoenix MGT/498 - Assignment

688 words - 3 pages /topics/strategic-planning-process.html Rothaermel, F. T. (2012). Strategic Management: Concepts and Cases. McGraw-Hill/Irwin, p. 20, 32-45, 90 Ingram, D. (2018). Internal & External Strategic Plan Development. Retrieved from Gartenstein, D. (n.d.). What Are the Functions of Strategic Management? Retrieved from Dyer, Jeffery H., Godfrey, Paul, Bryce, David (2016). Strategic Management Concepts and Cases (1st ed.). Hoboken, NJ; John Wiley & Sons.

Strategic Quality Management and Customer Satisfaction Paper

1248 words - 5 pages In today's rapidly changing world, an ongoing improvement plan can help to increase the quality of a product or service an organization produces. The plan can help to meet and or exceed the standards of the product and establish an on time delivery system. To be able to develop a successful improvement plan, an organization must have a well-designed strategic plan that is in line with the mission and vision of the organization.This paper will


1847 words - 7 pages that there were numerous qualities and attributes which can be used when presenting evidence in support of what has worked and what should be looked at when developing a plan to cultivate strategic leaders. Those characteristics and attributes listed in this paper described the qualities which best enable future strategic leaders to be successful in a volatile, uncertain, complex and ambiguous environment. Also addressed was the need to cultivate

Similar Essays

Strategic Plan Development Paper

1672 words - 7 pages restoration and construction projects. Using a solid strategic plan, Shaw will enter a very new market, building a professionally skilled workforce that will open a once closed market for the company. This paper covers several areas, identifying the companies SWOTT, vision and mission statements, guiding principals, board objectives, steps in executing the strategic plan, and finally identifying how Shaw will integrate total quality into their

Strategic Plan Development Paper:

1029 words - 4 pages Management throughout the work place and reward staff accordingly. The following is Enviro-Friendly Inc. strategic plan.II. SWOTt AnalysisA. StrengthEnviro-Friendly Inc. is ISO 14001 compliant, which specifies the actual requirements for an environmental management system.The products are 100% biodegradable and safe for the environment.Products are non-toxic, all natural and convenient.Majority of our products have established market maturity.Our

Strategic Plan Development Paper Kudler Foods

1314 words - 5 pages Kudler Fine Foods is a successful grocery store in California. The company has tailored their product to serve those wanting a one-stop shopping experience for all their gourmet-cooking needs. The company has experienced immediate success and growth since opening in 1998. This paper will give an analysis of Kudler's strategic plan and the role of total quality management, summarizing the organization's mission and vision and if TQM could be a

Strategic Plan Development Paper Riordan Manufacturing

1285 words - 5 pages IntroductionIn this paper our learning team will evaluate the strategic plan for Riordan Manufacturing. We will evaluate the role that Total Quality Management has at the strategic level; including the mission, goals of the organization and the organizational objectives. In addition to that, the team will look at and develop a long term strategy for globalization for Riordan Manufacturing. Further, we will look at the complexity of Total Quality