This website uses cookies to ensure you have the best experience. Learn more

Mgt/498 Final Paper

3727 words - 15 pages

Riordan Manufacturing

[pic][pic]

[pic]

Strategic Plan

2013 - 2016

MGT 498
January 14, 2013

Contents
Introduction 3
Background 3
Internal Structure 4

Background to the Vision, Mission Statement, and Strategic Objectives 6
Environmental Scan 7
Vision, Mission Statement, and Values 8
Vision 8
Values 8

Mission Statement 9
Our Focus 9
Our Customer Relationships 9
Our Employees 9
Our Future 9

SWOT Analysis 10
Key Success Factors 11
Driving Forces 12
Strategic Objectives 13
Meeting Critical Success Factors and Strategic Objectives 15
Strategic Objectives Actions Plans 17
Reference 18

Introduction

Riordan’s Strategic ...view middle of the document...

Additionally, given that the company has several domestic locations throughout the United States might mention where they are any overseas connections, the team must had to take into account how to create a plan that will best capture the best performance from all.

Internal Structure

Riordan has three levels of management structure:

• Executive,
• Senior Vice-President, Research & Development,
• Chief Operation Officer.

Riordan has nine main divisions as follows: an Organization Chart can help display this information.

• Sales & Marketing
o Custom Plastics
o Plastic Beverage Containers
o Fans
o International

• Transportation
o Logistics

• Operations
o Purchasing
o Quality

• Finance
o Accounting
o Financial Planning

• International Operations

• Human Resources
o Employee Relations
o Benefits

• Product Support
o Customer Service

• Legal Counsel
o Patents

• Information
o IT Services
o Network Administrator
o Database

[pic]

Background to the Vision, Mission Statement, and Strategic Objectives

Developing the vision and mission of the organization required Riordan management and consulting teams to consider the concerns and views of the stakeholders. The following is the outcome of that exercise:

Future Riordan structure and operations

Riordan assumes that the future issues and concerns concerning the structure and operations of Riordan are as follows:
Good to have assumption but limited if they only relate to Riordan.
▪ Riordan is and will continue to be owned by Dr. Riordan;
▪ Riordan is an self-governing and self-sufficient corporation;
▪ Riordan will continue to impact the economy in a positive manner; how will the economy impact it?
▪ Riordan realizes that the organization will continue to improve and expand based upon current trends and demands.

Future financial arrangements

Riordan will continue to focus on making the most of every dollar in the organization. Riordan understands that the organization’s sustainability, longevity, and expansion depend greatly on the products manufactured by Riordan sold to customers globally.

Stakeholders

Riordan has numerous stakeholders, each with its own expectations. Riordan will continue to engage stakeholders for views, issues, and concerns regarding the organization. By understanding stakeholder expectations, the organization can continue to prosper and contribute positively to the stakeholder portfolio. True, but if you are going to mention them a little more detail regarding key players and their expectations would help.

Environmental Scan

Creating an environmental scan of Riordan requires identifying strategic factors that can or will affect...

Other Papers Like Mgt/498 Final Paper

Most Common Words In English Essay

2116 words - 9 pages close 246 night 247 real 248 life 249 few 250 north 1000 Most Common Words in English - Numbers 251 - 500 Vocabulary for ESL EFL TEFL TOEFL TESL English Learners Rank Word 251 open 252 seem 253 together 254 next 255 white 256 children 257 begin 258 got 259 walk 260 example 261 ease 262 paper 263 group 264 always 265 music 266 those 267 both 268 mark 269 often 270 letter 271 until 272 mile 273 river 274 car 275 feet 276 care 277 second 278 book

Part 1,2,3 Decisions In Paradise Essay

2595 words - 11 pages Decisions in Paradise MGT 350 Decisions in Paradise Part One Decisions in paradise, is a business scenario that will serve as the basis for a three part assignment. The author plays the role of Nik in this business scenario. Dillard’s Incorporated will serve as the author’s current employer and the company described in this essay. Alex, Nik, and Chris are all representatives of Dillard’s. Each part of this three part assignment will

Citation Help

6331 words - 26 pages , chapters, or web pages. 11. Include the page or paragraph number for a direct quotation: p. or pp. for page numbers, para. for paragraph numbers. You can also use the section heading of the document if needed. It is recommended that you include page or paragraph numbers with your paraphrases. 12. Place any necessary punctuation after the final parenthesis of the citation unless it is a block quotation. 13. Never use a URL address in the citation. 14

Export And Import

9494 words - 38 pages FTS sends those sheets back to the Computer Wing for reposting the corrected entries. The Computer Wing then incorporates the corrected figures and prints a copy for further checking. After a final checking, the Computer Wing prints the final tables. Though most of the tabulations are made according to HS Coding, some selected tabulations are done on the basis of category of goods by different exporting or importing accounts. Selected monthly

Paying College Athletes

6552 words - 27 pages Nova Southeastern University Wayne Huizenga Graduate School Of Business & Entrepreneurship Assignment for Course: MGT 5015 Legal, Ethical, and Social Values of Business Submitted to: Dr. Frank J. Cavico, J.D. LL.M Submitted by: James Jones N01456933 Date of Submission: March 12, 2013 Title of Assignment: Integrating Values – The Legality, Morality and Social Responsibility of, “Is it moral for the

Lafarge S.A

2924 words - 12 pages NAME: IHEKANANDU KINGSLEY N. COURSE: MGMT 292 / F12 N01 TITLE: INDIVIDUAL CASE STUDY (LAFARGE S.A.) SUBMITTED: October 5, 2012 TABLE OF CONTENTS 2. INTRODUCTION 3 3. DESCRIPTION OF CASE 4 4. VALUES 4 4.1. Types of values 4 5. TEAMWORK 7 6. MOTIVATION 8 7. CREATIVITY 9 7.1. Components of creativity 9 8. CONCLUSION 12 9. BIBLIOGRAPHY 13 INTRODUCTION This report aims to provide an in-depth analysis of initiatives pursued by Lafarge as

Finance

665 words - 3 pages Financial statements are the most common tool used for making business decisions. They consist of the balance sheet, income statement and statement of cash flows. The analysis tools used affect all aspects of a company not just a few. A systematic review of the resources a company used to achieve its mission is cost control. Cash flow should be kept at necessary levels for operations is one of the major benefits of cost control. It is a very

Analysis Of Operation Blue Star And Its Effects On The Gandhi Dynasty

934 words - 4 pages The period of time including and following Operation Blue star is considered a dark time in India and black spot in Indian history. It is a time Indian would rather forget, yet still to this day debate about. Was Indihar Gandhi correct in instating operation Blue Star, inflicting damage to the Golden temple, and being responsible for the killing of anywhere from 492 (official reports) to 1500 (estimates run as high as) civilians, which lead to an

Regretful Decisions

930 words - 4 pages Regretful Decisions There are many individuals in a child’s life that helps mold them into a well-rounded adult. In most cases, this guidance comes from the child’s parents or other older, but in Sonny’s case, this guidance was expected from his older brother. In the short narrative, Sonny’s Blues, Sonny’s life was adversely affected by the decisions that his older brother made. The decisions that his brother made include leaving Sonny to stay

Jail Responsibilities

589 words - 3 pages spelling, punctuation, price, and grammar. These should be thoroughly, and constantly, edited. Another thing is conciseness; this means it should be brief or limited in words. Although, concision does not mean deleting words that count just to make your statements ‘rough in manner’. Officers should avoid tired old phrases, also known as triteness. Examples of these are; “in the final analysis”, “cold as ice”, “hard as a rock”, and “last but

Mgt330

638 words - 3 pages experience for the people who visit the stores and make perfect beverages. Within this paper I will - 2 - [no notes on this page]discuss and answer the four questions asked from the case student in Chapter three about Starbuck’s structure. The job description that I choose to explain is that of a Baristas. As a Baristas, a person will be the face of the company being that they are the first person seen when customers walk in. Delivering great

Related Essays

Mgt 521 Final Exam Latest Uop Complete Course Tutorials

1797 words - 8 pages MGT 521 Final Exam 1. ________ is defined as a business firm’s intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society. • Social screening • Social responsibility • Social obligation • Values-based management Find the final exam answers here MGT 521 Final Exam 2. The balanced scorecard measures organizational performance against previously

Environmental Scan Essay

1276 words - 6 pages Environmental Scan Paper Xxx xxxxx MGT 498 September 18, 2013 Professor xxxxxx xxxxx Environmental Scan Paper The vigilant monitoring and firm’s evaluations of internal and external environments to detect signs of early threats and opportunities that influence planning is Environmental scanning (Deresky, 2010). In order to help an organization understanding internal and external factors of the environment that they are requiring for

Cool Essay

2231 words - 9 pages 17 11 20 No. of Seats M.Sc.(Hons. School) M.A. CC in Chinese Dip. in Chinese Adv. Dip. in Chinese CC in Tibetan Dip. in Tibetan Adv. Dip. in Tibetan P.G. Dip. in Buddhist Studies Defence and National Security Studies M.A. Executive Course in Disaster Mgt. & Security P.G.Dip. in Disaster Mgt. P.G.Dip. in Homeland Security 34+5ServingDefense Personnel 20 34 10+ 15 Serving Personnel 29+4* 115+5* 25 30 19+1for in-service candidate 17

1000 Common Words In English Essay

2116 words - 9 pages close 246 night 247 real 248 life 249 few 250 north 1000 Most Common Words in English - Numbers 251 - 500 Vocabulary for ESL EFL TEFL TOEFL TESL English Learners Rank Word 251 open 252 seem 253 together 254 next 255 white 256 children 257 begin 258 got 259 walk 260 example 261 ease 262 paper 263 group 264 always 265 music 266 those 267 both 268 mark 269 often 270 letter 271 until 272 mile 273 river 274 car 275 feet 276 care 277 second 278 book