Riordan Manufacturing

Paper Summary:

This paper examines Riordan Manufacturing's problem involving the decrease in employee morale and increase in employee turnover. The paper provides a situational analysis of Riordan's realignment of their business strategy and their performance management system. Riordan's end-state vision and the alternative solutions available are also examined. Additionally, the optimal solution for Riordan is outlined and the conclusion offered that, by effectively managing the human capital resource, the organization will experience continued growth in the plastic industry.

Outline:
Situation Analysis
Problem Statement
End-State Vision
Alternative Solutions
Analysis of Alternative Solutions
Risk Assessment and Mitigation Techniques
Optimal Solution
Implementation Plan
Evaluation of Results
Conclusion

From the Paper:

"Riordan Manufacturing is a global producer of plastics with annual earnings projected at $46 million. Riordan has been experiencing declining sales and uneven outputs over the last two years and in response, Riordan has made revisions to their sales and manufacturing business strategies. The result of these changes has produced an increased turnover in the workforce and a lack of motivation. The workplace ethic has changed and is believed to be the cause of the company's performance drop. Low employee morale is a result of the misalignment between the business and HR strategies."

Sample of Sources Used:

• Apollo Group, Inc. (2004). Riordan Manufacturing Intranet. Retrieved May 27, 2008 from http://ecampus.phoenix.edu
• Dreher, G. & Dougherty, T.W. (2001). Human resources strategy: A behavioral perspective for the general manager. The McGraw-Hill Company
• Milkovich, G. & Newman, J. (2004). Compensation. The McGraw-Hill Companies.
• Noe, R.A., Hollenbeck, J.R., Gerhert, B. & Wright, P.M. (2003). Fundamentals of human resource management. The McGraw-Hill Company
• The ISO story. (2008). Retrieved May 31, 2008 from www.iso.org.

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