Friday, October 18, 2019
Riordan Manufacturing Staffing strategies Essay Example | Topics and Well Written Essays - 500 words
Riordan Manufacturing Staffing strategies - Essay Example tant deadlines to be met, most of the employers donââ¬â¢t evaluate the pros and cons of hiring an individual and unless there are well developed staffing strategies, this will be an ongoing problem. The focus is,â⬠People are your most important asset is wrong. People are not your most important asset: the right people are." (Jim Collins in his book "Good to Great").Hence it is very important to hire the right candidate for the right job. A well developed staffing strategy helps an organization to eliminate problems before they start. A staffing strategy provides overall guidance on how an organization deals with staff. This includes how the organization identifies with new staff, the types of people the organization wants to staff, and how to retain them. Once this strategy is decided upon, the human resource department frames some policies and procedures to support the strategy. Riordan Manufacturing is a global plastics manufacturer founded in 1991, It employs over 550 people and has projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. However over the years, Riordanââ¬â¢s management realized that employee dissatisfaction was quite high and sales sloped downwards. As the business world has become more complex and jobs more technicalâ⬠(*Shah, Sterrett, Chesser, & Wilmore (2001), many corporations have turned to strategic planning. Today, organizations have realized the importance of its human capital thus, the need to further develop, retain and attract personnel to achieve business objectives. Riordans management team has realized that the companys most important asset is their employees. HRs proactive approach to recruiting the best and brightest candidates will help to provide future leaders for the company as they continue to grow and meet the demanding challenges. In order to accomplish the organizational goals, Riordan must follow suit in attracting
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