Running head: GAP ANALYSIS: RIORDAN MANUFACTURING
Gap Analysis: Riordan Manufacturing
Romaysa
University of Phoenix
Gap Analysis: Riordan Manufacturing
Introduction
Riordan Manufacturing is an established global plastics producer, which employs 550 individuals, and their projected annual earnings are $46 million. The company is a division of Riordan Industries, a Fortune 1000 enterprise. Riordan Manufacturing has production divided among three plants. The plastic beverage containers are produced in Albany, Georgia. The custom plastic parts are manufactured in Pontiac, Michigan. Finally, parts for plastic fan are produced in Hangzhou, China. The corporate office is located in San Jose, California with Research and Development located there as well. Riordan maintains major accounts with the automotive parts industry, aircraft manufacturers, and the Department of Defense. Other major customers include beverage makers and bottlers, and appliance manufacturers (University of Phoenix, 2008).
Riordan Manufacturing is trying to recover from slumping sales over the last two years by changing its sales processes to a new customer-relationship management (CRM) system to gain financial stability. Riordan Manufacturing has recently implemented new strategies in response to declining sales and profits. The implementation of strategic changes has a negative impact on employee ‘s morale and employee retention numbers are down. In an effort to increasing sales, boosting financial profitability while maintaining employee morale, Riordan Manufacturing has decided to redesign the organizational strategy to cater to the employee’s motivational needs through motivation and compensation. In order to increase employee retention, surveys must be conducted. Furthermore, The organization needs to assess its human resource system, including its reward and compensation system. (University of Phoenix, 2008).
The paper will examine the organizational strategies of each...