Riodan Manufacturing

Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING Problem dissolving agent: Riordan Manufacturing Shirley Lee University of Phoenix Problem Solution: Riordan Manufacturing Riordan Manufacturing is a global p break downics producer employing close to 550 employees. The manufacturer has experienced a decrease in gross revenue and a increase in employee turnover in the last few months. The paper will examine solutions to retain the customers and chance on new ones as well as brainstorm viable solutions to combat employee retention. Communication will be key to the essence of both problems. Situation Analysis Issue and Opportunity Identification Riordan Manufacturing has a spate of problems that they are trying to correct in a far-right manner. The innovative efforts of the federation could nurture possibly been alleviated if the familiarity had watched the changing trends in the industry and the increasing turnover locate of its employees. Although the company has revamped the focus of the sales force, employee morale must be addressed immediately. In an effort to reduce the turnover commit for remaining employees the President and senior management has decided to interview several consulting firms to provide feedback for the employee morale and turnover rate recognise (Riordan Manufacturing n.d.

) Stakeholder Perspectives/Ethical Dilemmas Riordan Manufacturing has three major stakeholders; senior management, employees and the customer. The president of the company has listened to senior management and is unwilling to move forward with a new compensation and instead has decided to hire a human resource (HR) consulting firm to determine what the real issues are. The headland Operating Officer and the Chief Financial Officer are in agreement that the companys HR film director is more than capable of analyzing the results of the employee survey; however, the consensus is that she will not have the ability to be objective enough due to her family relationship with the employees. The president of the... If you want to get a full essay, effect it on our website: Orderessay

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