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Riordan Manufacturing: Strategic Business Plan Outline
MGT/488
Riordan Manufacturing: Strategic Business Plan Outline
I. Introduction: Company History
A.
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MGT 488 Week 3 Learning Team Strategic Business Plan Outline 2015 version
1. MGT 488 Week 3 Learning Team Strategic Business Plan Outline
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Sample content
Riordan Manufacturing: Strategic Business Plan Outline
MGT/488
2. Riordan Manufacturing: Strategic Business Plan Outline
I. Introduction: Company History
A. “Michael Riordan, Ph.D., President and CEO” (Apollo Group, Inc., 2009, p.
B. Riordan Plastic founded in 1991, Company name changed to Riordan
Manufacturing established back in 1993 (Apollo Group, Inc., 2006, para 4-5).
C. Classification of Stakeholders – As per Hitt, Ireland, as well as
Hoskisson (2009) “People who are affected by a firm’s performance and who have
claims on its performance” (p. 21)
1. Capital Market Stakeholders
2. Product Market Stakeholders
3. Organizational Stakeholders
II. Mission Statement -
Riordan Manufacture’s mission assignment is to have a good understanding of as
well as satisfy the customers’ requirements by means of revolutionizing our
services as well as products. Integrating Six Sigma disciplines as well as ISO 9000
standards will make sure customers of our excellent capability in order to catch up
with high quality standard expectations by way of providing experience as well as
well informed workers (Apollo Group, Inc., 2006, para 3).
III. Company Vision
Riordan Manufacturing’s goal is intended to be an international leader in the
precision production of plastic injection molding providing our clients high quality
items which are completely unique to their sector. Riordan will acquire absolutely
incomparable customer dedication for our top quality items by means of excellent
performance as well as exceptional innovation (Apollo Group, Inc., 2004, ¶ 1).
IV. Finance
A. Take a look at the effect for potential loss or damage to property (Travelers
Insurance, 2006).
3. 1. Cost to exchange
2. Cost of non permanent replacement set up
3. Cost to clean up or repair service
B. Take a look at the wide ranging Business Impact (Travelers Insurance,
2006).
1. Potential loss of share of the market
2. Possible breach of contractual legal agreements
3. Potential penalties, fines or legal price tags
C. Fiscal proper protection planning (Travelers Insurance, 2006).
1. Newly arriving orders
2. Company accounts payable
3. Balances receivable
4. Credit card buying
5. Payroll
6. Purchase orders
7. Rents
D. Detailed listing of products on hand (Trav
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