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Topic: Business
Number of pages / Number of words: 6 / 1636
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The stakeholders of Riordan Manufacturing include the board of directors(VP of R&D, COO, VP sales & marketing, CIO etc.), employees and consumers.The board along with the owner, Micheal Riordan, made the decisions to switch from single salesperson processes to team based strategy. The problem they must deal with is how to boost employee morale so that the company’s new strategy, along with production, will be a successful one...


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The problem they must deal with is how to boost employee morale so that the company’s new strategy, along with production, will be a successful one. Some on the board believe that the company’s current compensation package is fine, while others think that there should be more incentives added. Employees feel that they are undervalued and are not sure of the current promotion structure, in other words, how can we(employees) get promoted...


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