An analysis of Riordan's planned expansion into the Canadian market and the importance of change and change management to the success of the operation.
Written in 2008; 3,859 words; 14 sources; MLA; $ 105.95
Paper Summary:
This paper discusses Riordan's planned expansion into the Canadian market with a new manufacturing facility. It looks at the mid to long-term plans for this expansion project. It also discusses the importance of change and change management and how they are viewed as critical to the success of this operation. Finally, the paper discusses the systems and interaction between systems and how they are critical to Riordan's expansion plan success.
Table of Contents:
Executive Summary
Expansion Project
Overview
Business Requirements
Technology Project Plan
Models and Theories of Change
Application of Change Models
Recommendations for Change
Systems Thinking and Change Management
Conclusion
From the Paper:
"Riordan's expansion into the Canadian market should be resoundingly approved by both its board of directors and its shareholders although the latter is not necessary. This strategy is more than just an attempt to gain cost efficiencies across markets but an attempt to enter a new market altogether and provide for long-term, future growth opportunities that would otherwise not be present. In this sense, Riordan's suggested expansion into the Canadian market should not be viewed as a risk inherent endeavor but rather as an opportunity loaded strategy with little downside. Research indicates that break-even is essentially a foregone conclusion between 3-5 years and everything afterwards can be considered profit generation as long as overhead is met."
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