Assignment:
Create a 4 to 5 slide Microsoft® PowerPoint® presentation, with detailed slide notes, on your strategic experiment to the problem below for Riodan. Incorporate the following into your presentation:
- Present two innovative ways to solve the problem.
- Frequency of strategic reviews: Set a strategic review schedule.
- Perspective in time: Consider the history of the organization when devising the experiment. Focus on long-term history, rather than just recent changes in the organization. Use information available through the virtual organization to gain insight on the historical background of the organization. Some examples of helpful documentation are a strategic plan, company history, employee handbook, sales plan, or internal memos.
- Nature of measures: focus on leading indicators
- Based on your theory-based planning, state what other factors need to be analyzed and what other steps must be completed to determine the best solution for the organization.
- Include 1 to 2 scholarly references.
Format your paper consistent with APA guidelines.
Riordan Manufacturing
Riordan Manufacturing uses Huffman Trucking to ship their products all over the United States. With rising fuel costs, several trucking companies have gone out of business or have substantially raised their rates. Huffman Trucking has innovated a way to stay in business without having to raise their shipping rates for customers. In turn, Huffman has also picked up many new shipping contracts from other businesses. With the increased business at Huffman, Riordan Manufacturing has noticed a decrease in their timeliness and customer service. Several orders have been distributed or picked up late, adversely affecting functioning at Riordan. What can Riordan do to solve this problem? Keep in mind that Riordan and Huffman have a 5-year contract with little room for renegotiation and Huffman continues to have the most competitive shipping prices in the country.