Problem Solution: Riordan Manufacturing When it comes to the plastic injection molding industry, Riordan is the booster cable manufacturer. With revenues exceeding $1 billion, Riordan Manufacturing is a division of Riordan Industries. The bon ton is staffed at about 550 employees and its total revenue is estimated at $46 billion. The bond is infamous for its international creative plastic designs that have resulted in a top of the line manufacturing development. The gilds transaction is contributed to its heightened level of accuracy, frequent inspection, and reliable value of its products. Riordan has locations throughout Michigan, California, and China. Although the fraternity is the forefront in the plastics industry, it has been having problems throughout the bon ton due to its organisational makeup. The employees at Riordan have been suffering from lack of demand as good as low productiveness. This is due in set onwards because of the policies focalizeing on r ewarding its employees. The lack of motivation has affect employees productivity and this presents a problem for Riordan even though the gild has shown its diversity in the composition of its workforce. The decreased level of productivity has affected Riordans roughly important business practices (Peter & Donnelly, 2002). The companys main goal is to guarantee that products be everlastingly and a day at the top of the line and its employees are giving a fair and generous compensation package. This leads Riordan to hope this will rejoin high productivity and motivation as well as decrease employee turnover. This paper will focus on the challenges that are confronting Riordan the opportunities presented that will lead to increased employee motivation as well as high productivity levels. seat Analysis Issue and prospect Identification Riordans most prominent problem is the lack of overall direction. Because of this, employee morale is blue and the turnover rate is inc reasing. Employees are dysphoric with the c! urrent...If you want to lose a full essay, order it on our website: OrderCustomPaper.com
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