Problem Solution Riordan

Running head: PROBLEM SOLUTION: RIORDAN Problem stem: Riordan University of Phoenix Managing in a Cross-Cultural Environment MMPBL 560 November 16, 2009 Problem Solution: Riordan To assess Riordan Manufacturings circumstances and identify the changes that the order needs to consume while aligning the employee compensation, cultural diversity and rewards programs to interconnect with the incarnate strategy plan, is important to have a work environs in which employees are trusted, valued, and compensated for their hard work. As Riordan focuses on the company makeover, modifications are expected to prepare the company for the changes, challenges, and prospects available by reconstructing policies, and strategic plans. The modifications listed in this paper are the main resources to guaranteeing Riordans potential development and achievements, in growing the company in the correct direction for the shareholders and customers. Riordan Manufacturing is a globally cognise plastics company that develops and manufactures plastics through the process of injection molding. The company has triple deeds that manufacture custom plastic separate, plastic crapulence containers, and plastic fan parts.

Riordan employs over 550 employees and has anticipated yearly revenues of $46 million and business revenue of $1 billion (University of Phoenix, 2008). In 2000, a company extension into chinaware relocated the manufacturing operation of fans from Michigan, and restructured the Pontiac, MI building to manufacture custom plastic parts (University of Phoenix, 2008). Riordan had many overleaps to jump when the company expanded into chinaware; from passing Chinas inspections, gaining the proper licensing, and equipping the new facility, each hurdle was met with success. On the contrary, Riordan cannot locate enough skilled employees in China to cover the workforce needs to run an affective operation, this is receivable to the high concentration of competition... If you want to get a well(p) essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.