Purchase Solution

Riordan Business Strategy

Not what you're looking for?

Ask Custom Question

- 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.

Attachments
Purchase this Solution
Solution Summary

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

Solution Preview

- 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, ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Basics of corporate finance

These questions will test you on your knowledge of finance.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

Introduction to Finance

This quiz test introductory finance topics.

View More Free Quizzes
Related BrainMass Solutions

  • Marketing and Riordan Manufacturing

    o What internal dynamics along with cultural and structural leadership considerations should be used in implementing business strategy for Riordan? The solution is attached.

  • Riordan Manufacturing Case Study

    519386 Riordan Manufacturing Case Study Riordan Manufacturing Case Study 1. Explain how the global market would affect the business strategy of Riordan. 2.

  • Strategic Plan - Riordan

    384514 Strategic Plan - Riordan Please go to posting ID # 384514 through this link https://brainmass.com/business/management/327527 for the case study in question. No download is required. o Why does Riordan need a strategic plan?

  • Riordan Manufacturing

    Strategy Riordan Manufacturing Inc. also wants to take marketing to a broader region like Europe, in order to expand its business unit.

  • Website Comparison and Virtual Organization Application

    Apart from this, the strategy should be implemented in a sequential manner so that the organization does not incur heavy cost and gain profit. Recommendations Riordan Manufacturing should adopt an e-business strategy.

  • Riordan Manufacturing

    For that, it has to adapt a strategy among IPO, merger or acquisition (Riordan, 2009). In this case, the best strategy, which Riordan should go for, seems to be IPO.

  • Global Business Marketing: Issues in Marketing to Malaysia

    Identify the three most pertinent ethics issues faced by Riordan Manufacturing in conducting business in Malaysia. How do these ethics issues affect Riordan Manufacturing's marketing efforts?

  • Staffing plan for Riordan's international expansion project

    Branding Investing in brand positioning can greatly enhance brand loyalty, especially if Riordan pursues a pioneer strategy.

  • Global Marketing Project - Trinidad and Tobago

    Personal selling to business buyers should focus on the high quality of Riordan molded plastic products. Most importantly, sales promotions should be used to encourage the customers in Trinidad and Tobago to try Riordan products.

View More Related Solutions