Strategic Plan Paper MGT/498 Strategic Plan Paper Since its inception 1991 Riordan has been an industry leader in the injection mold industry. Dr. Riordan had a vision when he opened the first plant in Michigan, and his vision was growth, innovation, and to always meet his customers needs. His vision was the driving force for Riordan’s strategic plan in the 90s and early millennia just as it is today, but the scope of his vision has grown into new marketing arenas and will need refining if it
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Riordan Virtual Organization and Environmental Scan Strategic Management- MGT/498 Riordan Virtual Organization and Environmental Scan In today’s workforce, much research is being done to find ways to improve work conditions and in turn, productivity that can yield higher profits. Innovative companies intend to keep up with the times and with their customers, providing unconventional ways to improve the environment of the workplace to increase thinking, creativity
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Strategic Plan Paper Strategic Plan Paper Riordan Manufacturing recognizes the fact that they are an industry leader in plastic injection molding and supplier of plastic medical devices. Riordan also recognizes that they are not progressing in the industry as they would like. Recognizing the need to create better value products which will increase sales is the first step in this plan for sustainability. Riordan needs to obtain new customers. In order to do this, they must predict customer
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Competitive Advantages Paper Competitive Advantages Paper * Estimate which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market. Riordan Manufacturing Inc. can improve innovation and sustainability for the business operations in both the United States of America and global market through executing strategic capacity planning for products and services. This strategy improves efficiency
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Riordan Manufacturing Sales and Marketing Your name University Class Date Riordan Manufacturing Riordan is one of the manufacturing companies that produce plastics that has been used in sports and medical industries. Sales and marketing systems of Riordan depends on today’s standards of integrated information management. Riordan is computerizing its sales and marketing systems to handle their customers efficiently. It is also working on
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Riordan Manufacturing Riordan is one of the manufacturing companies that produce plastics that has been used in sports and medical industries. Sales and marketing systems of Riordan depends on today’s standards of integrated information management. Riordan is computerizing its sales and marketing systems to handle their customers efficiently. It is also working on attempting to consolidate customer information to provide good value to the customers. They use microfiche and paper files to keep their
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Riordan Manufacturing Strategic Plan Executive Summary Riordan Manufacturing Incorporated has seen success over the last few years. At Riordan, staying profitable has not been an issue. To stay competitive within their industry the organization wants to promote growth, but because of a performance gap, which is preventing Riordan from achieving more revenue and accomplishing specific monetary goals by 2013, this new strategic plan in developed. Team B recognizes the dilemma, found an objective
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for Riordan Manufacturing Barbara Back Tasheia Pelham Ellison Jennifer Perrone Cheri Reed Andreas Tsircou OPS/571 February 13, 2012 William E. Mahoney February 13, 2012 Dear Riordan Manufacturing Management Team, Learning Team C has completed the analysis of Riordan Manufacturing’s electric fan design process and has developed a proposal outlining the changes that need to be implemented. The team is proposing to focus on total quality management (TQM); this will allow Riordan to
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Running head: Process Design for Riordan Manufacturing Process Design for Riordan Manufacturing Abstract This paper suggests a new process design for Riordan Manufacturing. This design concentrates on the major phases pertaining to the manufacturing of Riordan electric fans, from start to finish. This design incorporates a supply chain for the electric fans, while taking advantage of global openings in which Riordan Manufacturing can implement. Additional analysis of the present process
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Strategic Plan Paper Strategic Plan Paper Introduction Why does Riordan need a strategic plan? - Maurice What role should ethical and social responsibility considerations have in Riordan’s strategic management plan? - Maurice What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize to improve innovation and sustainability in both domestic and international applications? -Verchell What measurement guidelines should be used to verify strategy
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