StudyXY
RegisterLog in

Implementing a Strategic Plan

Guide on strategic planning and execution in business organizations.

Chloe Martinez
Contributor
4.5
42
5 months ago
Preview (4 of 11 Pages)
100%
Purchase to unlock

Page 1

Implementing a Strategic Plan - Page 1 preview image

Loading page image...

Running head:Implementing a Strategic Plan1Implementing a Strategic PlanStudent name:Instructor:Date:Course title:Analyzethe strategic planning process of Riordan Manufacturing by discussing the need for a strategicplan, the role of ethical and social responsibility, and the impact of internal and external environmentalfactors as outlined in the provided case study. Include a SWOT analysis, strategic formulation,implementation, and evaluation techniques, with a focus on social and structural leadership within aglobal context. Your response should be 1500–2000 words.

Page 2

Implementing a Strategic Plan - Page 2 preview image

Loading page image...

Page 3

Implementing a Strategic Plan - Page 3 preview image

Loading page image...

Implementing a Strategic Plan2Official SummaryRiordan's PlanA braced organization is not known for its accomplishment in the short run or best time amid ablasting economy, yet in reality a sustained organization is known for setting distinctive plans set up amidthe hardest monetary periods and still figures out how to stay productive amid this time. The arrangementthat an organization takes after all through with bounty space for updates or change is vital arranging.Riordan is organization that has profited from a vital arrangement to stay with the objectives at the frontline and keep up organization values as the organization develops and adjusts to the steadily changingfocused business. As a gathering, we will concentrate on clarifying distinctive parts of vital arrangingwhile clarifying the requirement for a key arrangement, and characterizing the part of moral and socialobligation regarding the organization. The group will list the game changers of Riordan Company andhow steady development and supportability influence household and global markets. The group will talkabout the estimation rules to take after and focus procedure adequacy, setting inside elements withthought to social and auxiliary initiative, impacting business coherence, lastly setting up an in numberdetermination group to manage evaluations and criticism to enhance the vital arrangement of RiordanCompany.Ecological ScanningAn ecological output of an association assesses the interior and outer components of anassociation that is deduced in a SWOT examination of the association. Riordan Manufacturing hasnumber components that focus the advancement of the association that are its qualities, shortcomings,opportunities, and dangers to the association. Inside elements of the association incorporate representativedemographics, authoritative cooperations in the middle of chiefs and representatives, and access toregular assets, hierarchical structure, and operational potential to help with actualizing the vital

Page 4

Implementing a Strategic Plan - Page 4 preview image

Loading page image...

Implementing a Strategic Plan3arrangement of this association. Outer components to likewise help in helping with this arrangementwould be the administration impacts, financial conditions, geographic conditions, and instructive impacts.After culmination of the ecological sweep, the SWOT investigation for Riordan finishes up:The qualities of Riordan, plotting inner elements are as per the following:Research and advancement is finished at corporate central station in San Jose, California.Supplies significant clients for flying machines, car parts, and apparatus producers including theDepartment of Defense that guarantees the wellbeing of the United States.Employees more than 550 individuals with over $1 billion in income yearly.Maintain stable associations with clients to make creative arrangements.Increased markets through globalization by extending offices for operations in China.Encourage worker creation and spirit.Exceeding ISO 9000 guidelines for the association.Foreign administration premium 25% for workers.The shortcomings of Riordan, delineating inward variables are as per the following:No governmental policy regarding minorities in society arrange inside RiordanIneffective arrangement for nonoperational gear which generation timetables are not meet.Changes in economy influence generation for bottlers and drink creatorsInstability of financial conditions influence business dependability.Changes in wellbeing protection influence generation of restorative gear.Trade shortfall for generation diminishes financial developmentTrends in financial markets undertaking work cost and diminishing productivity.The open doors for Riordan sketching out outer components are:Stability of business will increment with interest for generation
Preview Mode

This document has 11 pages. Sign in to access the full document!

Study Now!

XY-Copilot AI
Unlimited Access
Secure Payment
Instant Access
24/7 Support
Document Chat

Document Details

Subject
Business Management

Related Documents

View all
Solved Assignments

CIS 337 Unit 7 Assignment Final Project Part IV Pr

CIS 337 final project presentation for stakeholders outlining a WAN proposal for a growing organization. Covers network planning, topology, security, and connectivity to support national and international expansion.

Class Notes

Analysis of Leadership in Monster Inc

In Monsters, Inc., leaders reflect Path-Goal Theory: Sulley shifts from supportive to achievement-oriented, while Waternoose is directive—each showing strengths, flaws, and growth paths.

Class Presentation

Evaluation of Alphabet's Mission, Vision, and 8-29

Alphabet Inc.'s mission is to organize the world's information and make it universally accessible and useful . Their vision is to create a future where technology improves lives and solves global challenges.

Class Notes

Boundless Management

Global corporations (MNCs) operate in multiple countries, using economies of scale and scope to grow revenue and cut costs. They face challenges like ethics and leadership while targeting fast-growing markets such as China and India.

Solved Assignments

Uncovering the Martha Stewart Tax Scandal Insider

Summary of Martha Stewart's insider trading and tax evasion scandal involving ImClone stock in 2001. She was convicted of conspiracy, obstruction, lying, and failing to pay \$220K in taxes on her NY home.

Class Notes

Boundless Business

Learn about the three key management levels—top, middle, and low—in a business hierarchy. Understand their roles, responsibilities, and how they work together to lead, plan, and supervise within an organization.

Solved Assignments

JetBlue Airlines Case Analysis

JetBlue Airlines case study analyzing market forces, competition, and strategy using Mullin's framework, Porter's Five Forces, PESTEL, VRIO, and Business Model Canvas for strategic insights.

Class Notes

Effective Speaker Notes Template for BUS 210 Prese

Presentation outlines SNHU Pet Supply’s mission to provide quality pet products and emphasizes informal leadership to foster a positive work environment and achieve company goals.

Class Notes

Leading as a Function of Management

Explore the essential management function of leading—learn how motivation, communication, decision-making, and coaching drive team success and organizational growth through effective leadership strategies.

Class Notes

McDonald's Q4 Earnings U

McDonald's U.S. sales fell 1.4% in Q4 due to lower customer spending and an E. coli outbreak. Despite this, strong international performance and global expansion plans lifted shares 4.8%, making McDonald's the top Dow performer on the day.