Gap Analysis: Riordan Manufacturing
Introduction
This paper introduces an overview of situational analysis, issues and opportunities and end-state vision of Riordan Manufacturing Company that is facing employees' lower job satisfaction and increased turnover. The current management team focuses on increasing employee motivation and rewards for encouraging workforce environmental performance. The organizational structure of Riordan needs to rapidly change the new strategy by realizing human capital development. The change will affect employees' behavior or performance based on rewards, compensation and benefits. By describing the situation, opportunities and challenging that are facing the issues in the company. The perspectives of stakeholders' values, ethnics and beliefs that will be occurred ethical dilemmas in the Riordan. The end-state goals will improve human resource management that will address a successful company.
Describe Situation
Riordan Manufacturing is a global plastics producer employing 550 people with projected annual earnings of $46 million. It is one of a Fortune 1000 enterprise by collecting in excess of $1 billion revenue. "Riordan made several strategic changes in the way it manufactures and markets its products because sales and profits are declining over the past two years." (Scenario two, University of Phoenix). Riordan needs to restructure into self-directed work teams due to the declination of employees' retention. Employees include three separate work units have different perspectives on rewards and motivation based on performance. In order to improve sales force, sales team rather than single sales people must contribute their effort in the sale proce ...