Implementing a Strategic Plan

Name: Implementing a Strategic Plan
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Author: Chloe Martinez

Guide on strategic planning and execution in business organizations.

Chloe Martinez

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Running head: Implementing a Strategic Plan 1
Implementing a Strategic Plan
Student name:
Instructor:
Date:
Course title:
Analyze the strategic planning process of Riordan Manufacturing by discussing the need for a strategic
plan, the role of ethical and social responsibility, and the impact of internal and external environmental
factors 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 a
global context. Your response should be 1500–2000 words.

Implementing a Strategic Plan 2
Official Summary
Riordan's Plan
A braced organization is not known for its accomplishment in the short run or best time amid a
blasting economy, yet in reality a sustained organization is known for setting distinctive plans set up amid
the hardest monetary periods and still figures out how to stay productive amid this time. The arrangement
that 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 front
line and keep up organization values as the organization develops and adjusts to the steadily changing
focused business. As a gathering, we will concentrate on clarifying distinctive parts of vital arranging
while clarifying the requirement for a key arrangement, and characterizing the part of moral and social
obligation regarding the organization. The group will list the game changers of Riordan Company and
how steady development and supportability influence household and global markets. The group will talk
about the estimation rules to take after and focus procedure adequacy, setting inside elements with
thought to social and auxiliary initiative, impacting business coherence, lastly setting up an in number
determination group to manage evaluations and criticism to enhance the vital arrangement of Riordan
Company.
Ecological Scanning
An ecological output of an association assesses the interior and outer components of an
association that is deduced in a SWOT examination of the association. Riordan Manufacturing has
number 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 representative
demographics, authoritative cooperations in the middle of chiefs and representatives, and access to
regular assets, hierarchical structure, and operational potential to help with actualizing the vital

Implementing a Strategic Plan 3
arrangement of this association. Outer components to likewise help in helping with this arrangement
would 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 the
Department 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 Riordan
 Ineffective arrangement for nonoperational gear which generation timetables are not meet.
 Changes in economy influence generation for bottlers and drink creators
 Instability of financial conditions influence business dependability.
 Changes in wellbeing protection influence generation of restorative gear.
 Trade shortfall for generation diminishes financial development
 Trends 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

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Business Management

Implementing a Strategic Plan

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