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Table of Contents
PROBLEM SOLUTION: RIORDAN MANUFACTURING 3
SITUATION ANALYSIS 3
ISSUE AND OPPORTUNITY IDENTIFICATION 3
STAKEHOLDER PERSPECTIVES/ETHICAL DILEMMAS 6
PROBLEM STATEMENT 9
END-STATE VISION 9
ALTERNATIVE SOLUTIONS 10
ANALYSIS OF ALTERNATIVE SOLUTIONS 12
RISK ASSESSMENT AND MITIGATION TECHNIQUES 13
OPTIMAL SOLUTION 14
IMPLEMENTATION PLAN 15
EVALUATION OF RESULTS 17
CONCLUSION 18
REFERENCES 20
Riordan Manufacturing is a successful organization looking to improve overall performance and position the company for future growth. The organization was initially founded in 1991 and has seen significant growth since its inception. Today Riordan Manufacturing is a global competitor in the plastics market with over 550 employees. Projected earnings exceed $46 million with a heavy focus in plastic beverage bottles, custom plastic parts, and plastic fan parts.
The following review will analyze various issues impacting the organizations operations. Identified issues will be used to determine business opportunities while connecting improvements to key human resource management concepts. Key stakeholders in the organization will be identified along with the establishment of strategic end-state goals that will help guide improvements at Riordan Manufacturing. Major gaps in Riordan Manufacturing’s process will be analyzed using a standard gap analysis approach with accompanied alternative solutions that have a ...