Sample content
Functional Area Interrelationships
Introduction
The document will confer the objective of a company depending on the evaluation of its mission declaration, vision as well as goals. To efficiently evaluate a company one must have a comprehensive knowledge of practical area interrelationships. A practical area of a company can be defined as a group that executes a specific job inside a company for example accounting, marketing and human resource. The quantity of practical groups enhances with the boost in size of a company and also the jobs turn into more complicated. Usually the physical expansion of company is brought through mergers as well as acquisitions and makes practical area structure in the company to turn into more obscure.
From the accessible listing of virtual companies Learning Team A has selected Riordan Manufacturing for their organizational evaluation. This document will also entail study regarding Riordan’s organizational structure, identifyi
BUS 475 Week 3 Learning Team Assignment Functional Area Interrelationships 2015 version
1. BUS 475 Week 3 Learning Team Assignment Functional Area Interrelationships
Link : http://uopexam.com/product/bus-475-week-3-learning-team-assignment-functional-area-
interrelationships/
Sample content
Functional Area Interrelationships
2. Introduction
The document will confer the objective of a company depending on the evaluation
of its mission declaration, vision as well as goals. To efficiently evaluate a company
one must have a comprehensive knowledge of practical area interrelationships. A
practical area of a company can be defined as a group that executes a specific job
inside a company for example accounting, marketing and human resource. The
quantity of practical groups enhances with the boost in size of a company and also
the jobs turn into more complicated. Usually the physical expansion of company is
brought through mergers as well as acquisitions and makes practical area structure
in the company to turn into more obscure.
From the accessible listing of virtual companies Learning Team A has selected
Riordan Manufacturing for their organizational evaluation. This document will also
entail study regarding Riordan’s organizational structure, identifying the main
stakeholders as well as finding out of their duties and advantages. Additionally,
document will concentrate on both kinds of partnerships i.e. vertical as well as
horizontal. Finally document will be summed by suggestions at additional
partnerships for Riodran Manufacturing and findings collected from the analysis will
be provided.
Organizational Analysis Based on Mission statement, Vision and Goals
Riordan’s Mission & Vision: (University of Phoenix, 2010, para. 3)
Our Focus
➢ The mindset as well as capabilities of Riordan Manufacturing can be
determined by upper hand leading R&D, Six Sigma as well as ISO 9000
specifications
➢ We are market leaders in using polymer substances to endow with answers to
our customer’s problems.
➢ Our R&D is market leader and will carry on to be so by finding out industry
tendencies.
Our Customer Relationships
3. ➢ We will try to be a solution provider for our clients and not turn into a part to our
customers’ problems.
➢ Long-term associations will be maintained through logical pricing, rigid quality
control, upgraded solutions as well as a responsible business approach.
Our Employees
➢ We will support an original as well as team oriented working atmosphere.
➢ We will ensure that our workers are well prepared and well encouraged to make
an atmosphere centered on the long term feasibility of our organization.
Our Future
➢ We should attempt to accomplish as well as keep a fair profit in order to ensure
the availability of financial as well as human capital for constant expansion.
Riordan’s Goals (through Riordan Initiatives)
➢ Create the “brand” by launching designs which can be called as
“World Class”
➢ Extend our design as well as potential utilizing collaborative co-design
➢ Making commitment to deliver on “Time to Market” with
upgraded high quality items
➢ Explain the Pyramid Bottle Strategic marketing plan and execution plan
➢ Produce ERP/MRP procedures as well as tools which reduce cost by 10% and
cycle period by 15%
➢ Reinforce brand hence setting up a competitive advantage
➢ Produce and also deliver top quality merchandise roadmap on-time
➢ Reduce product expenses through process upgrades
4. ➢ control headcount efficiently
A strategic business plan is significant to identify the reason behind presence of
the organization. It will also explain the significance of achievement for Riordan
Manufacturing. Additionally it assists the workers as well as administration in
guiding for achievement of success. Strategic plan must be assessed regularly in
order to keep the company objectives as well as goals aligned with the company.
The main reason to the survival for Riordan Manufacturing is directed by the value
of its initiator Dr. Riordan and the company’s mission, vision, values, and goals
declaration (Woolich, 2009).
The three main causes in Riordan’s survival are its more than required share of
focus on lasting investment in R& D functions for example total quality
manufacturing and first class manufacturing, Developing long-term customer
associations, and worker development by providing them a favorable atmosphere
for personal as well as professional development, for attaining lasting profitability
and expansion.
Riordan has a perception to give importance to its clients with first class quality
product or service at a fair price. Riordan Manufacturing is well conscious of the
truth that in order to accomplish the organizational objectives it will require to work
on employee development hence it continuously concentrates on employee
efficiency improvement plans. The organization aligns the individual and
professional objectives of its employees with that of organization’s objectives
http://uopexam.com/product/bus-475-week-3-learning-team-assignment-functional-area-
interrelationships/