Problem Solution: Riordan Manufacturing

Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING Problem dissolvent: Riordan Manufacturing Problem Solution: Riordan Manufacturing Riordan Manufacturing is a global plastics producer who is assay to recover from slumping sales over the last two historic period by changing its sales processes to a new customer-relationship worry clay. Due to focusing focusing more and more on the sales, the most important resource the society has, its employees put on been overlooked and now the company is starting to recognize that they might have a personnel problem. Now the company is starting to consummate that they might be behind based on honorarium and benefits, so now they are hiring outside firms to try to delineate the root of employees concerns. Situation Analysis Issue and Opportunity Identification Riordan Manufacturing is a Fortune 1000 company which employs 550 people with plants in Georgia, Michigan, and China. over the last two years, sales have started to decline, so the company has decided to make several strategic changes in the itinerary it manufactures and markets its products. The company has not only changed it manufacturing techniques but also its sales processes by adopting a customer-relationship management system.

As the changes have been implemented, the management has seen employee retention start to decline at an alarming rate. new-fashioned performance data has identified that the current reward system is not based on performance, but a damage of living increase, seniority, and position. Michael Riordan, the CEO of Riordan Manufacturing, knows that something must be done, so hes considering his options about the rewards system and how to motivate the employees. Every film director within the company has a different view of what heraldic bearing Michael should take the company. One manager thinks that the retention employees have nix to do with compensation, but job design. Another manager thinks that the strong company revolves around her... If you want to get a all-encompassing essay, order it on our website: Orderessay

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