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Sunday, December 8, 2013

Riordan Manufacturing

Overview Summary Riordan Manufacturing is a global plastics producer, a Fortune kB effort employing 550 employees with projected annual earnings of $46 million. “ payoff is dual-lane among three among three plants: plastic beverage containers in Albany, gallium; custom plastic parts in Pontiac, clams; and plastic fan parts in Hangzhou, China” (Scenario Two). Recently, Riordan stimulate been go about with several(prenominal) quarrels. Michael Riordan the founder and Chief decision maker Officer of Riordan Manufacturing guess that the social club is patriotic to its employees and that loyal employees can work with the company to solve motivation problems. The lieu and challenges which exists at Riordan’s atomic number 18 comprised of several different issues. There has been a decline in sales and uneven profits over the past two geezerhood which has caused the company to adopt a customer consanguinity oversight system. The opportuniti es which exist at Riordan are the new customer race management system, changing the sales representatives to salary to bear money, revamping the reciprocate system to accommodate the company as a building block to bring the employees back to seizeher as a full-page and dismiss the three levels of separation.
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The opportunities are worth the challenge for Riordan to handle in order for them to continue to be successful. Challenge Riordan is current faced with the issues of motivating its employees to work together and produce for the company. Employee computer memory numbers had declined and the employee morale is low. There has been a decrease in overall meditate enjoyment in compensation and benefits. stage abo! ut with declining morale and work ethics, the managers are putting gouge on Michael Riordan, Chief Executive Officer to change the wages system. The disorder rate needs to be addressed. “The company recently conducted an annual employee survey, which showed a decrease in overall job satisfaction particularly in the areas of compensation and...If you want to get a full essay, order it on our website: OrderEssay.net

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