Riordan End_state Goals
In determining the best practices "the focus is a question not so much of what the best strategy is, but of how best to implement the system (Milkovich & Newman, 2004)." The end-state goals for Riordan Manufacturing consist in completely overhauling and creating a new rewards system that offers appealing compensation packages, and other incentives.
This new system will simultaneously help raise employee morale and increase employee retention. Riordan will have defined salary grades that will allow them to compete with other markets. Research and Development can focus on creating three new innovative products to increase sales.
Human resource must become more proactive in identifying and addressing differences amongst the diverse groups within Riordan. Multiple educational background, generational gaps, and ethnicity beside other differences, must be effectively reconciled by creating situational awareness. "How well the organization addresses these differences can mean the......
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Approximate Word Count: 487
Approximate Pages: 2 (250 words per double-spaced page)
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Riordan End_state Goals
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