Running head: GAP ANALYSIS: RIORDAN MANUFACTURING
Gap Analysis: Riordan Manufacturing
Gap Analysis: Riordan Manufacturing
Riordan manufacturing performs and annual employee survey each year and has never implemented any changes as a result of the survey. This year the founder and CEO of the company have been influenced by the Vice President of Research and Development who is concerned that key individuals from his department will leave due to an inadequate reward system.
It is clear that the company needs to analyze the relationship between motivation and performance. The company needs to evaluate the different theories associated with expectancy and equity. Maslow’s theory suggests opportunities to motivate employees through different styles of management, job positions, company events, and compensation packages. (Netmba, Maslow) Factors that affect job dissatisfaction are company policy, supervision, work conditions, relationship with peers. (Netmba.com) Factors at lead to satisfaction are achievement, recognition, roles and accountability, development, and advancement. (Netmba Herzberg) The employee survey identifies the workforce is dissatisfied with how they are not valued by the company or its management.
Situation Analysis
Issue and Opportunity Identification
Riordan Manufacturing has gone through a lot of changes recently that has resulted in a large number of employee resignations. One of the changes that have recently occurred is the company has expanded operations in China. The China plant manufactures automotive fans and has led the company to implementing a quality approach using Six Sigma and being ISO 9000 certified. The US and C ...