Become familiar with Riordan Manufacturing by visiting their website using the virtual organization portal provided.
Identify the international expansion project you'd like to explore and create three or four objectives that you hope to accomplish by implementing the expansion project.
Provide an analysis of at least 4 trading blocks and justify the selection of two regional trading blocks that would best accommodate your expansion project. Provide a rationale for each regional trading block you select.© BrainMass Inc. brainmass.com October 24, 2018, 10:28 pm ad1c9bdddf
Become familiar with Riordan Manufacturing by visiting their website using the virtual organization portal provided. The paper needs to identify the international expansion project you'd like to explore and create three or four objectives that you hope to accomplish by implementing the expansion project. Provide an analysis of at least 4 trading blocs and justify the selection of two regional trading blocs that would best accommodate your expansion project. Provide a rationale for each regional trading bloc you select.
Objectives to accomplish by implementing the expansion project
Riordan Manufacturing, Inc. is an industry leader in the field of plastic injection molding. It is owned by Riordian Industries a fortune 1000 enterprise. It is serving the customers by its unique competencies, which are attention to detail, quality control and high precision. Its capacities are located in many parts of USA and also in China.
To be an industry leader and in polymers by making available innovative and affordable products and services to the customers. The identity of the corporation will be framed by substantive commitment to research and development and giving cutting edge products to the customers.
Riordan's Vision statement
Riordan is envisioned to provide unique products in the polymer industry. Satisfaction of all stakeholders will be emphasized by having Long-term relationships. This will be sought by maintaining rigorous quality controls, innovative solutions, a responsive business attitude and reasonable pricing.
Organization's strategic objectives
- Providing customers innovative solutions globally by undertaking leading edge R&D and maintaining tight quality control by using procedures such as Sixsigma and ISO 9002
- To provide employee satisfaction by maintaining an innovative and team oriented working environment.
- Achieving and maintaining reasonable profitability to assure that the financial and human capital is available for sustained growth.
- To make Riordan a truly international organization
In this we will
1) Increase the international marketability of the Riordan Manufacturing, Inc and Riordan Industries.
2) Open the company to other markets worldwide through partnering with existing organizations, thus reducing the capital output and threat of financial loss.
Establishment of trade zones like European Union and NAFTA have enabled countries to cooperate more with each other, take advantage of each other's strengths, and promote international trade volumes. Technology transfers between countries have enabled countries to enforce standards like ISO: 9000 etc. Policies like carbon credits, which are being used by countries worldwide to benefit by decreasing pollution, is being made possible by bilateral trade agreements between countries.
NAFTA is a comprehensive agreement to liberalize trade in goods and services, remove barriers to investment, strengthen the protection of intellectual property rights; and establish a framework for further trilateral cooperation. The major provisions can be summarized in ...
1881 words outline an international expansion project for Riordan Manufacturing.
Question about Comparing FMC Green River and FMC Aberdeen
An organization is a consciously coordinated social unit, composed of several people whose main focus is to achieve a common goal or set of goals. A successful organization understands the cultural differences in various divisions or branches. It uses culture and group dynamics to overcome management challenges, implement strategic initiatives, and develop business opportunities. Organizations with an exceptional "company" culture are usually run by leaders who understand and practice effective cultural leadership principles. A culture or sub-culture that works effectively in one part of an organization may not work well in another. Those who have made it to the top have done so by building a high performance workplace around the corporate culture.
As you prepare for each assignment your focus should be on developing a basic understanding of leadership, motivation, job satisfaction, etc., and how the corporate culture is what makes something work in one part of an organization, but not another.
Using the appropriate organizational analysis format begin your analysis by focusing on the following areas of interest. During the next five weeks, you will be using this format, and the step-by-step process to look at various areas of interest, culminating in the preparation of a formal proposal for the Plant Manager. So, it is important that you use a consistent format to take "notes" along the way (which will be submitted to your instructor). Start now by developing a paper (your "notes") which addresses:
The Management of Ability
While engaging the step-by-step analytical process keep in mind the differences that exist between FMC Green River and FMC Aberdeen. For example, think about the management of ability. State the what the corporate culture and work environment is like at Aberdeen, then at Green River. How does each operation make the best use of its employees' skill sets? Based on the corporate culture, identify an alternate method for them to leverage their employees abilities. Will the methodology you select for Aberdeen work at Green River? How will you implement your recommendation at each facility? Include your thoughts on these issues with your notes; you can either incorporate them into the "areas of interest" or add them as side notes.
Can you provide with an example to use to build my assignment? Any help will be much appreciated. Provide references for external sources. Thank you.View Full Posting Details