Problem Solution- Riordan Manufacturing
Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING
Problem Solution: Riordan Manufacturing
Laura D. Nunes
University of Phoenix
Human Capital Development/MBA 530
February 27, 2008
Problem Solution: Riordan Manufacturing
Riordan is facing economic pressure in the manufacturing industry. The organization is looking to increase employee retention and profits. In order to increase employee retention, surveys must be taken seriously and action must be put into place. A strategy must be formed to ensure success. The plan consist of the following tasks: Riordan will focus on implementing a new pay structure that is competitive and based on job importance according to the company. Second, evaluations will be conducted every three months to increase productivity. Lastly, the Executive team will achieve alignment and become a team that concentrates on the future of the company.
Issue and Opportunity Identification Issue
Riordan is promoting on seniority and......
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Approximate Word Count: 3374
Approximate Pages: 14 (250 words per double-spaced page)
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