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Achieving management structure during globalization
The theory and practice of change management
The theory and practice of change management
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Recommended: Achieving management structure during globalization
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, China. Research and Development is conducted at corporate headquarters in San Jose, California. Riordan's major customers are automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers and bottlers, and appliance manufacturers.
Recently, Riordan made several strategic changes in the way it manufactures and markets its products. Declining sales and uneven profits over the past two years not only forced the company to change its sales processes, but also prompted them to adopt a customer-relationship management (CRM) system. Primarily sales teams rather than single salespeople now service customers, with each team focusing on a particular customer segment. Teams typically include a sales person, product engineering specialist and customer service rep. The hope is that the team approach will improve sales. (Milkovich and Newman, 2004)
This paper introduces an overview of situational analysis, issues and opportunities and end-state vision of Riordan Manufacturing Company that is facing employees, lower job satisfaction and increased turnover. The current management team focuses on increasing employee motivation and rewards for encouraging workforce environmental performance. The organizational structure of Riordan needs to rapidly change the new strategy ...
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...ives. They can use other companies, similar to theirs, that have had to resolve the same issues. Riordan leaders will have to clearly communicate to their employees through a better form of communication, like a memo that their bonuses are not at risk. Perhaps their bonuses should be based on how they perform individually and within a team. Their decisions should involve all the appropriate stakeholders before committing to a decision. Instead of communicating through teams, the management team should meet on a weekly basis face to face. Riordan should implement the correct training and incentive plans to keep their employees. Most importantly, Riordan should understand the effectiveness of surveys and learn to act on any key findings. Finally, Riordan should send a letter to their employees announcing a new incentive plan for their existing and new employees.
Courtship - the act of wooing Woo - to ask in marriage; to court, to solicit eagerly; to seek to gain. You ask, “What in the world is Courtship?” Let me start by saying it is our country’s dating problem solution. Not too long ago, Christian parents along with their youth had realized the need to re-map the route to fruitful, God-ordained marriages. The result has been a push particularly among homeschoolers, to return to the more biblical principals of courtship. Simply defined, courtship is
business problems. This paper will review the virtual company, Riordan Manufacturing, allowing students to review existing business systems, identify improvements or introduce new business systems to allow the company to thrive in the growing technology of the business world. Riordan Manufacturing Riordan Manufacturing, a company that is wholly owned by Riordan Industries, a Fortune 1000 enterprise specializes in the field of plastic injection molding. Riordan Manufacturing was initially Riordan Plastics
Gap Analysis: Riordan Manufacturing Riordan Manufacturing, a Fortune 1000 enterprise and global plastics producer, creates custom plastic parts for customers primarily in the automotive industry, aircraft manufacturers, the Department of Defense, bottlers and beverage makers, and appliance manufacturers. Recently however, declining sales and uneven profits have forced Riordan to make several strategic changes in the way it manufactures and markets its products, and management is working to address
Summary of Riordan Manufacturing Riordan Manufacturing Inc. is in the field of plastic injection molding. A leader in plastics designs in many different areas, with state of the art capabilities in developing innovative products for their customers. The company was founded by Dr. Riordan, a professor of chemistry, working with processing polymers into high strength plastic articles. Dr. Riordan obtained patents and licensing to start manufacturing plastic fans in the plant at Pontiac, Michigan
strategies to get through tough situations, rapidly adjusting to each circumstance thrown at them, being able to remain humble while celebrating accomplishments and not becoming too confident, and remaining positive before, during and after the game. (Riordan,
Executive Summary The current inventory processes we have in place are not as efficient as they could be. The main problem is there is no communication between departments, factories, and suppliers. This causing an abundance of wasted man hours, and inventory produced. Our goal is to provide more communication between departments, factories, and suppliers to create more efficiency and produce less waste. We would need a complete system overhaul in our inventory system. Based on our analysis
The Case for Project-Based Learning “From the very beginning, children are all about moving and doing, and not so much sitting and listening”. Christine Kuglen, founder of Innovations Academy in Scripps Ranch, CA, uses this phrase every year as she meets the parents of potential new students. Her goal is to introduce the parents to the school’s approach to education; project-based learning, or PBL. Project-based learning gets kids into the moving and doing that comes naturally to them. Here, we will
the group members’ desire for concurrence becomes more important than evaluating problems and solutions realistically (Chapman, 2006). There are several factors that contribute to groupthink, but the two most important ones are directive (i.e., promotional) leadership and the lack of consideration of alternatives (Ahlfinger & Esser, 2001). If the group’s leader is controlling and promoting his or her favored solution without consul... ... middle of paper ... ... a significant role in group’s decision-making
influences are major contributors to the business environment, Riordan Manufacturing, Huffman Trucking, Kudler Fine Foods, McBride Financial Services, The Elias Group, and Smith Systems are business that are affecting by those influences. Types of business may include sole proprietorship, partnership, limited partnership, corporation, limited liability partnership, limited liability company, c-corporation, and s-corporation. Riordan Manufacturing, Inc. is a global plastics manufacturer partnership
person something to look forward to if they set a reasonable expectation; while fear usually just offers a very grave insight to the future. Fear always leads to a negative view on events and provides no aid in trying to solve a problem. Usually fear even makes problems seem worse than they actually are. There are many reasons as to why hope is stronger and provides more of aid than fear, but the three strongest views on this statement are that,
Circuit. Retrieved Mar. 03, 2005, from Nobelprize.org Web site: http://nobelprize.org/physics/educational/integrated_circuit/history Maxfield, C. and Brown, A. Retrieved Feb. 24, 2005, from The History of Computers Web site: http://www.maxmon.com. Riordan, M. and Hoddeson, L. (1997). Crystal Fire-The Birth of the Information Age. New York, NY: W.W. Norton & Company Inc. Sullivan, J. (Ed.). (1988). The Chipmakers. Alexandrea, VA: Time-Life Books. (Understanding Computers Series)
to try to stop the Triumvirate (the real enemy of Olympus and demigods) from destroying Camp Half-Blood and causing worldwide destruction and chaos. 2. Genre: Fantasy (Greek mythology) 3. Date of Original Publication: May 3, 2016 4. Author: Rick Riordan 5. Setting (including: time span of the story, time
Two thousand years later Norwegians are still facing climate change. However, this type of climate change is much different and more man-made than the previous. In the year 2004 the world is facing a climate change problem and international policies are required to help remedy this problem. Norway has been one of the most complacent countries in the world in regards to its environmental policies and its efforts to reduce CO 2 emissions. In January of 1991, Norway introduced a CO 2 tax to try to reduce
At my school, I am an active member of a program called S.E.E.D., which stands for Students Ending Environmental Destruction. As a group, spread awareness about recycling, water conservation and remediation, climate change, and other environmental problems the world faces today. We make sure that every classroom has a recycling bin and informative posters above them. We have hosted movie nights where we provide healthy, GMO-free refreshments and show an educational film that relates to a current issues
Since the introduction of single-sex education in the 1990s, the people have debated on whether this type of education system was beneficial to modern day society. After many studies for and against single-sex schools were conducted, proof has finally been developed to support that the advantages of single-sex schools outweigh the disadvantages. Factors that make single-sex schools better than mixed-sex schools include: students achieving higher averages and therefore a higher education rate, an