Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING
Problem Solution: Riordan Manufacturing
ML
University of Phoenix
Problem Solution: Riordan Manufacturing
Riordan Manufacturing is a global plastics producer employing approximately 550 people. The company has divisions in Albany, Georgia, Pontiac, Michigan, San Jose, California and Hangzhou, China. Riordan has experienced some pitfalls over the last few months due to declining sales, uneven profits and an exodus of some of its key people. All of these factors have led to a significant morale issue with Riordan's employees. Most of management is concerned that if something is not done to stem the current tide that Riordan will loose more key people. Company CEO, Michael Riordan has in the past been oblivious to these issues, but is finally seeing that he must do something. However, Riordan is unsure what course of action to take to stabilize the situation.
Situation Analysis
Issue and Opportunity Identification
Riordan Manufacturing Company is an industry leader in the field of plastic injection molding manufacturing various types of plastics for a number of uses. The products Riordan manufactures include plastic beverage containers, fans, heart valves, medical stents, and customer custom plastic parts. The company currently employs 550 employees and has four facilities in different demographic locations.
Internally, Riordan has many human resource (HR) issues that are creating productivity and morale issues. Many of Riordan's HR systems and processes that are not supportive of the company's strategic business goals and vision, and are in dire need of being redefined and adjusted to reflect the strategic business vision.
Riordan currently has no ...