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MGT 488 Week 3-LT Strategic Business Plan Outline

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Running head: RIORDAN MANUFACTURING 1
Riordan Manufacturing: Strategic Business Plan Outline
MGT/488
November 1, 2010
Al Funderburk

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RIORDAN MANUFACTURING 2
Riordan Manufacturing: Strategic Business Plan Outline
I. Introduction: Company History
A. “Michael Riordan, Ph.D., President and CEO” (Apollo Group, Inc., 2009, p. 1)
B. Riordan Plastic founded in 1991, Company name changed to Riordan
Manufacturing founded in 1993 (Apollo Group, Inc., 2006, para 4-5).
C. Classification of Stakeholders – According to Hitt, Ireland, and 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 is to recognize and meet the customers’ needs by
revolutionizing our products and services. Incorporating Six Sigma disciplines
and ISO 9000 standards will ensure customers of our ability to meet high quality
standard expectations by providing experience and knowledgeable employees
(Apollo Group, Inc., 2006, para 3).
III. Company Vision
Riordan Manufacturing’s objective is to be a global leader in the precision
manufacturing of plastic injection molding offering our customers quality
products that are unique to their industry. Riordan will earn unmatched customer
loyalty for our products through performance and innovation (Apollo Group, Inc.,
2004, ¶ 1).

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