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Wednesday, April 3, 2013

Riordan Manufacturing Company Benchmarking

As per the course scenario (Scenario: Riordan Manufacturing, 2007) Riordan Manufacturing has had to make several strategic changes in the commission it manufactures and markets its produces due to a decline in sales and edition in profits over the last two years. The mischief in revenue has made Riordan rethink their sales deal and the decision was made to adopt a customer-relationship management (CRM) system. This subject will present benchmarking examples that offer some possible alternatives and solutions to dish egress Riordan in the process. Topics of discussion include the importance of Human Resources and strategic billet Alliance, Corporate Culture and Leadership, Leadership and Organizational Behavior, inducing and Organization Behavior, Employee Motivation and Reward, and Employee Retention Strategy. Benchmarking examples will support kind-hearted resources role in directing changes within Riordan through organisational effectiveness and capabilities.

Topic 1: Human Resources and Strategic Business Alliance large(p) One Financial tummyVoted one of the top 100 companies to consummation for by Fortune magazine for three consecutive years, 84th for 2007(Levering, Moskowitz, 2007) character reference card ships company Capital One Financial Corporation works closely with their human resources department to support its crop goals and business strategy.

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David Liberson Vice President of Human Resources joined Capital One?s human resources department shortly afterwards it had spun off from a small bank. His view on HR support to the new venture was hatful focused ?The scoop out way to meet future people-needs is to hire the right people in the first place?. Liberson had his work cut out for him as over the next several years the company experience proceeds rates at an annual reasonable of 40 percent. The rapid growth had human resources managing an increase in employees from 2000 to 20,000 in just a few years. That kind of growth cannot be achieved if an organization remains static. ?I think...

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1 comment:

  1. Hey!!!

    This is a awesome information about Manufacturing Benchmarking. Find the best process to manufacturing and products for industry development.

    Thanks for the great article!!

    ReplyDelete