Corporate Compliance Plan

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Category: Business and Industry

Date Submitted: 08/16/2010 06:07 PM

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Our company was founded almost 20 years ago by Dr. Riordan for the purpose of researching and developing plastics. Now we are focused on manufacturing plastic beverage containers. We have expanded by launching the Chinese plant and revamping our Michigan plant to manufacture custom plastic parts. We also have plants in Albany, Georgia and a corporate office in San Jose, California. Riordan’s focus is to maintain high-quality manufacturing processes, excellent customer service, employee satisfaction, and increased profitability.

Handling Disputes

Occasionally, Riordan Manufacturing will have a dispute internally (employees) or externally (customers, vendors, government). It is more costly and time-consuming to go into litigation. Therefore, we prefer to handle these disputes via Alternative Dispute Resolution (ADR). With ADR, parties can sit down and discuss their grievances and come to a settlement without the expense of going to court. Methods of ADR include mediation, arbitration, mediation arbitration (medarb), conciliation (international), peer reviews, and minitrials (Jennings, 2006).

Current employees with grievances will be subject to a peer review. The panel will listen to testimony and review evidence. They have the authority to give judgments and award damages. We plan to see a vast reduction in lawsuits by implementing the program. We also have an open-door policy, which permits employees to try to appeal any adverse decision made by their supervisor. Employees must sign an acknowledgement that requires them to abide by the terms described in the Employee Handbook.

We shall seek arbitration or mediation in the event that an outside entity. Issues with vendors, contractors, former employees, customers, and government agencies are best resolved using arbitration, mediation, medarb, conciliation, or minitrials.

Liability

Enterprise and product liability has changed because of “changing consumer expectations, new laws, and...