Riordan Manufacturing: Organization Performance Measurement Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

Measuring the process of a company’s daily performance is an efficient way to check whether an organization is progressing or whether its ideas have worn out their welcome. Helping determine the efficacy of a number of processes within an organization, starting from the production process to the process of information sharing, the given system of performance measurement is doubtlessly significant. Applying the given evaluation system to the Riordan Manufacturing, one will be able to specify the issues within the organization, as well as define efficient means to settle these conflicts. Since the Riordan Manufacturing utilizes the means of organization performance measurement that allow to evaluate the efficiency of various departments from several aspects, including economical, financial and technological one, the company manages to keep in pace with the latest theories of leadership management.

Considering the company closer, one will notice that it has a number of process performance indicators, starting from the various process classification models, such as Value Chain Group’s Value Reference Model, to the processes that are associated with data objects. However, technically, there are four basic processes that serve as the major performance indicators in Riordan. As the company data shows, Riordan conducts a very thorough supervision of the project, which presupposes that such events as kickoff meetings, reports circulating for comments and corrections or “archived in process assets library” are utilized in the course of the project implementation.

Thus, a flawless flow of the process is guaranteed. The second process that helps define the quality of the company’s performance is the creation and maintenance of the data gathering instruments. There is no secret that Riordan, like any other company, needs updated and detailed information concerning both the state of affairs within the company and the information on the market within which the company operates (i.e., the plastic products market, which Riordan has chosen to operate in). Consequently, the third process that defines the quality of the Riordan Company’s performance is data gathering and distribution, while the fourth process is the process of documenting the results acquired from every single step accomplished (Riordan Manufacturing: Process for post project reviews, 2000).

Despite a few issues concerning the company’s expansion plans, it still must be admitted that the Riordan Manufacturing is doing incredibly good in the realm of still competition in the plastics production. Due to the application of a unique strategy, Riordan manages to retain its top position by encompassing the key processes going on in the company and focusing on what is important at the moment.

Reference List

Riordan Manufacturing: Process for post project reviews (2000). Web.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2020, May 23). Riordan Manufacturing: Organization Performance Measurement. https://ivypanda.com/essays/riordan-manufacturing-organization-performance-measurement/

Work Cited

"Riordan Manufacturing: Organization Performance Measurement." IvyPanda, 23 May 2020, ivypanda.com/essays/riordan-manufacturing-organization-performance-measurement/.

References

IvyPanda. (2020) 'Riordan Manufacturing: Organization Performance Measurement'. 23 May.

References

IvyPanda. 2020. "Riordan Manufacturing: Organization Performance Measurement." May 23, 2020. https://ivypanda.com/essays/riordan-manufacturing-organization-performance-measurement/.

1. IvyPanda. "Riordan Manufacturing: Organization Performance Measurement." May 23, 2020. https://ivypanda.com/essays/riordan-manufacturing-organization-performance-measurement/.


Bibliography


IvyPanda. "Riordan Manufacturing: Organization Performance Measurement." May 23, 2020. https://ivypanda.com/essays/riordan-manufacturing-organization-performance-measurement/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1