Mgt498 lt c_week5 Copyright 2013 Edward F. T. Charfauros. Reference, www.YourBlogorResume.net.

Edward F. T. Charfauros
Edward F. T. CharfaurosEntrepreneur • Life Guide • Health Coach • Author at IAN SUCCESS INC
Competitive Advantages
Presentation by Denny Tabula, Edward Charfauros,
Ivalani Sombelon, and Rowen Kamaunu
Overview
• Introduction
• About Riordan
• Environmental Scanning, Strategy Formulation, Strategy Implementation,
and Evaluation & Control
• Strategic plan for Riordan. Why it’s important?
• Role of ethical and social responsibility in Riordan’s strategic management
plan.
• Competitive advantages & strategies used to improve innovation and
sustainability.
• Domestic and International applications
• Measurement guidelines verifying strategy effectiveness
• Internal dynamics along with cultural and structural leadership.
• Influence on business continuity
• Assessment and Feedback Controls
• Altering the strategic plan: when and how?
• Conclusion
• Questions? Answers!
About
History
Founder
AboutRiordan
CompetitiveAdvantages
EnvironmentalScanning,StrategyFormulation,Strategy
Implementation,andEvaluation&Control
Environmental Scanning (SWOT)
• Strength
• Culture oriented
• Global locations
• Employees
• Technology
• Custom plastic design
• Weakness
• Shipping and handling
• mergers
• Opportunity
• Environmental safety
• Innovation in medical
equipment
• Shareholders value/economic
growth
• Threats
• Economic change
• Lifestyle and trends
StrategicplanforRiordan.Whyit’simportant?
Strategy Formulation
• Mission
• Objective
• Strategies
• Policies
Strategy Implementation
• Programs
• Budgets
• Procedures
Roleofethicalandsocialresponsibility
inRiordan’sstrategicmanagementplan
Ethical and Social Responsibility
• Make the products a donation item (% of sale donation)
• Use recycled material to make products and use excesses
trimming
• Use environmentally friendly disposal methods
• Bio-degradable plastics products
• Improve international
• working conditions, benefits, and wages
Competitiveadvantages&strategies
improvinginnovationandsustainability
Competitive Advantages
• Domestic operations
• Innovators of the plastic industry with use of polymer
• Very cheap plastic raw material to make the plastic products
• Taking over a suppliers operation (backward integration)
• Recycle excess materials
• International operations
• Build international manufacturing conditions
• work conditions, benefits, and wages
• Quality products, operational efficiencies, and profitability
DomesticandInternationalapplications
Domestic and International applications
• And Indented Levels
• Level 3 Text Placeholder
• Level 4 Place Holder
• Level 5 Place Holder
Measurementguidelinesverifyingstrategyeffectiveness
Measurement Guidelines
• Steering controls
• Measuring internal variables influencing profitability
• Behavior controls
• Input controls
• Output controls
• Performance controls
• Measuring external outcomes of service activities and results from
product sales.
Internaldynamicsalong
withculturalandstructuralleadership
• Internal dynamics along with cultural and structural
leadership.
• And Indented Levels
• Level 3 Text Placeholder
• Level 4 Place Holder
• Level 5 Place Holder
Influenceonbusinesscontinuity
Riordan Continuity
• Budget for the worst
• Communication
• Back up data
• Preform restoration
• Keep employee and assets as a priority
• Benchmarking
AssessmentandFeedbackControls
Assessment and Feedback Controls
• Direction of organization
• Awareness
• Implement Changes (if any)
• Learn and Grow
• Improve
• Succeed
Alteringthestrategicplan:Whenandhow
Altering the strategic plan: when and how
• Point to implement alternate strategic plan
• Alternate strategy
Conclusion
• Success relies upon employee motivation and retention
• Create planning career development programs
• Create a feedback and coaching process
• Update reward systems
Conclusion
• U. of Phoenix Lets Students Find Answers Virtually. By: Wasley, Paula, Chronicle of Higher Education,
00095982, 8/8/2008, Vol. 54, Issue 48
• Apollo Group (2011). Virtual Organizations – Riordan Manufacturing Inc. Missions, History, Sales &
Marketing, Finance & Accounting. Retrieved on October 25, 2012, from
http://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/Riordan/index.asp
• Blodgett, Mark. Journal of Business Ethics. Mar2011, Vol. 99, p39-48. 10p. 1 Diagram, 3 Charts, 4 Graphs.
DOI: 10.1007/s10551-011-1165-6.
• Carpenter, M. A., & Sanders, W. G. (2009). Strategic management: A dynamic perspective concepts and
cases. (2nd Ed.). Upper Saddle River, NJ: Pearson/Prentice Hall.
• Franks, Rita A.; Spalding Jr., Albert D. “Business Education & Accreditation.” 2013, Vol. 5 Issue 1, pg. 17-30.
• Gökmen, Aytaç; Öztürk, A. Turan. “International Journal of Business Administration.” Sep2012, Vol. 3 Issue
5, p82-88. 7p. DOI: 10.5430/ijba.v3n5p82.
• Schaubroeck, John M.; Hannah, Sean T.; Avolio, Bruce J.; Kozlowski, Steve W.; Lord, Robert G.; Trevinno,
Linda K.; Dimotakis, Nikolaos; Peng, Ann C. Academy of Management Journal. Oct2012, Vol. 55 Issue 5,
p1053, 1078. Pg.1 Diagram, 9 Charts, 4 Graphs. DOI: 10.5465/amj.2011.0064.
• Singh, Pramendra Kumar. The International Management Review. Dec2012, Vol. 8 Issue 2, Pg.19-26.
• Stevenson, Barry W. Emergence: Complexity & Organization. 2012, Vol. 14 Issue 2, pg. 69-85. 17p. 1
Illustration.
• Wheelen, T. L., & Hunger, J. D. (2010). Concepts in strategic management and business policy: Achieving
sustainability (12th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall.
• OECD. (1999). The future of the global economy: Towards a long boom?. Retrieved from
www.oecd.org/futures/35394025.pdf
References
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Mgt498 lt c_week5 Copyright 2013 Edward F. T. Charfauros. Reference, www.YourBlogorResume.net.

  • 1. Competitive Advantages Presentation by Denny Tabula, Edward Charfauros, Ivalani Sombelon, and Rowen Kamaunu
  • 2. Overview • Introduction • About Riordan • Environmental Scanning, Strategy Formulation, Strategy Implementation, and Evaluation & Control • Strategic plan for Riordan. Why it’s important? • Role of ethical and social responsibility in Riordan’s strategic management plan. • Competitive advantages & strategies used to improve innovation and sustainability. • Domestic and International applications • Measurement guidelines verifying strategy effectiveness • Internal dynamics along with cultural and structural leadership. • Influence on business continuity • Assessment and Feedback Controls • Altering the strategic plan: when and how? • Conclusion • Questions? Answers!
  • 5. EnvironmentalScanning,StrategyFormulation,Strategy Implementation,andEvaluation&Control Environmental Scanning (SWOT) • Strength • Culture oriented • Global locations • Employees • Technology • Custom plastic design • Weakness • Shipping and handling • mergers • Opportunity • Environmental safety • Innovation in medical equipment • Shareholders value/economic growth • Threats • Economic change • Lifestyle and trends
  • 6. StrategicplanforRiordan.Whyit’simportant? Strategy Formulation • Mission • Objective • Strategies • Policies Strategy Implementation • Programs • Budgets • Procedures
  • 7. Roleofethicalandsocialresponsibility inRiordan’sstrategicmanagementplan Ethical and Social Responsibility • Make the products a donation item (% of sale donation) • Use recycled material to make products and use excesses trimming • Use environmentally friendly disposal methods • Bio-degradable plastics products • Improve international • working conditions, benefits, and wages
  • 8. Competitiveadvantages&strategies improvinginnovationandsustainability Competitive Advantages • Domestic operations • Innovators of the plastic industry with use of polymer • Very cheap plastic raw material to make the plastic products • Taking over a suppliers operation (backward integration) • Recycle excess materials • International operations • Build international manufacturing conditions • work conditions, benefits, and wages • Quality products, operational efficiencies, and profitability
  • 9. DomesticandInternationalapplications Domestic and International applications • And Indented Levels • Level 3 Text Placeholder • Level 4 Place Holder • Level 5 Place Holder
  • 10. Measurementguidelinesverifyingstrategyeffectiveness Measurement Guidelines • Steering controls • Measuring internal variables influencing profitability • Behavior controls • Input controls • Output controls • Performance controls • Measuring external outcomes of service activities and results from product sales.
  • 11. Internaldynamicsalong withculturalandstructuralleadership • Internal dynamics along with cultural and structural leadership. • And Indented Levels • Level 3 Text Placeholder • Level 4 Place Holder • Level 5 Place Holder
  • 12. Influenceonbusinesscontinuity Riordan Continuity • Budget for the worst • Communication • Back up data • Preform restoration • Keep employee and assets as a priority • Benchmarking
  • 13. AssessmentandFeedbackControls Assessment and Feedback Controls • Direction of organization • Awareness • Implement Changes (if any) • Learn and Grow • Improve • Succeed
  • 14. Alteringthestrategicplan:Whenandhow Altering the strategic plan: when and how • Point to implement alternate strategic plan • Alternate strategy
  • 15. Conclusion • Success relies upon employee motivation and retention • Create planning career development programs • Create a feedback and coaching process • Update reward systems Conclusion
  • 16. • U. of Phoenix Lets Students Find Answers Virtually. By: Wasley, Paula, Chronicle of Higher Education, 00095982, 8/8/2008, Vol. 54, Issue 48 • Apollo Group (2011). Virtual Organizations – Riordan Manufacturing Inc. Missions, History, Sales & Marketing, Finance & Accounting. Retrieved on October 25, 2012, from http://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/Riordan/index.asp • Blodgett, Mark. Journal of Business Ethics. Mar2011, Vol. 99, p39-48. 10p. 1 Diagram, 3 Charts, 4 Graphs. DOI: 10.1007/s10551-011-1165-6. • Carpenter, M. A., & Sanders, W. G. (2009). Strategic management: A dynamic perspective concepts and cases. (2nd Ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. • Franks, Rita A.; Spalding Jr., Albert D. “Business Education & Accreditation.” 2013, Vol. 5 Issue 1, pg. 17-30. • Gökmen, Aytaç; Öztürk, A. Turan. “International Journal of Business Administration.” Sep2012, Vol. 3 Issue 5, p82-88. 7p. DOI: 10.5430/ijba.v3n5p82. • Schaubroeck, John M.; Hannah, Sean T.; Avolio, Bruce J.; Kozlowski, Steve W.; Lord, Robert G.; Trevinno, Linda K.; Dimotakis, Nikolaos; Peng, Ann C. Academy of Management Journal. Oct2012, Vol. 55 Issue 5, p1053, 1078. Pg.1 Diagram, 9 Charts, 4 Graphs. DOI: 10.5465/amj.2011.0064. • Singh, Pramendra Kumar. The International Management Review. Dec2012, Vol. 8 Issue 2, Pg.19-26. • Stevenson, Barry W. Emergence: Complexity & Organization. 2012, Vol. 14 Issue 2, pg. 69-85. 17p. 1 Illustration. • Wheelen, T. L., & Hunger, J. D. (2010). Concepts in strategic management and business policy: Achieving sustainability (12th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall. • OECD. (1999). The future of the global economy: Towards a long boom?. Retrieved from www.oecd.org/futures/35394025.pdf References