Problem Solution: Riordan Manufacturing
Essay Preview: Problem Solution: Riordan Manufacturing
Report this essay
Table of Contents
PROBLEM SOLUTION: RIORDAN MANUFACTURING
SITUATION ANALYSIS
ISSUE AND OPPORTUNITY IDENTIFICATION
STAKEHOLDER PERSPECTIVES/ETHICAL DILEMMAS
PROBLEM STATEMENT
END-STATE VISION
ALTERNATIVE SOLUTIONS
ANALYSIS OF ALTERNATIVE SOLUTIONS
RISK ASSESSMENT AND MITIGATION TECHNIQUES
OPTIMAL SOLUTION
IMPLEMENTATION PLAN
EVALUATION OF RESULTS
CONCLUSION
REFERENCES
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 long-term focus. An optimal solution will be identified along with an implementation plan with meaningful end-state goals that support the vision of the organization.
Situation Analysis
Issue and Opportunity Identification
Riordan Manufacturing has developed various processes and procedures to manage the business. The organization maintains a heavy focus on research and development with a strong sales force to help distribute the various products. Manufacturing plants are situated in Pontiac, Michigan; Albany, Georgia; and Hangzhou, China with the