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 to verify 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
– Explain and Justify the teams decisions for the strategic plan chosen,
using research and understanding!

Ethics & 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

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

Strategies
• Vertical growth strategy- backward
integration (Polymer Supplier)
• Differentiation- add a unique feature of a
product or service that set apart from the
competition (Polymer)
• Low-cost leadership- The over operation
of the product at a low cost throughout the
manufacturing processes.

• About
• History
• Founder

Conclusion
• Explain & Justify the decision made by the
team for the strategic plan chosen using
research and understanding!!

References
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