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Riordan Business Strategy

- What internal dynamics along with cultural and structural leadership considerations should be used in implementing a business strategy for Riordan?
- How do they influence business continuity?

Include at least two scholarly references.

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- What internal dynamics along with cultural and structural leadership considerations should be used in implementing a business strategy for Riordan?

Riordan is a global plastics manufacturing company that employs 550 people and has projected earnings of $46 million. The goals of Riordan are to remain the R&D industry leader in using polymer materials. The strategy of Riordan is to maintain rigorous quality controls, develop innovative solutions, and price products reasonably. The cultural leadership considerations are that the leadership should communicate the importance of high quality, innovation, and cost control to the employees. One of the most effective methods that Riordan currently uses for communication with employees is linked to their performance evaluation system. During day to day informal performance evaluation the leadership can communicate issues related to quality control/innovation/cost control to the employees (1). In addition, during the performance appraisal that uses a behaviorally-anchored rating scale, ...

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The response provides you a structured explanation of informal performance evaluation at Riordan. It also gives you three relevant references.

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