Riordan Notes

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Words: 320

Pages: 2

Category: Business and Industry

Date Submitted: 11/03/2011 11:24 AM

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This paper discusses the opportunities that are available for Riordan to improve employee motivation and employee empowerment. This paper also examines the ethical dilemmas between stakeholders, which include the Chief Executive Officer (CEO) of the company, the senior management team, human resources, and the employees

The organization has 550 employees on the payroll and their annual earnings were $46 million dollars. In the past few years, the company has shown a decrease in sales and unbalanced profits and this is causing Riordan to rethink their business strategy in the manufacturing and marketing areas

Each stakeholder’s perspectives need to have a full examination before any decisions can be brought to the table. Each stakeholder has different views and issues pertaining to the company, if these are not brought up properly this could lead to conflicting rights, and ethical dilemmas. The main stakeholders for Riordan Manufacturing are the CEO of the company, the senior executives, human resources, and the employees.

The human resources department’s main interest is employee performance and the morale of the employees. The human resources department believes the employees will be more productive if there were more promotions and employment recognition. The human resources department main rights are to provide employees with acceptable motivators. The ethical dilemma between the human resources department is that the human resources department has to me mindful of how many promotions are given out.

The employee’s main interest is the jobs, performance opportunities, and employee recognition. The employees believe they have the right to be told what is going on with the company in a timely manner. The employees value loyalty, fairness, and reliability between the senior management team and human resources. Because Riordan is changing the strategy of the company, there is a lack of communication and employee motivation. The employees want to believe they are...