Corporate Compliance Plan for Riordan

unified Compliance Plan for Riordan LAW/531 Rich DAmbrosio April 5, 2009 integrated Compliance Plan for Riordan Riordan Manufacturing, Inc. has assigned a bodied Compliance Officer (CCO) to review the policies and procedures that are currently in place. The CCO bequeath recommend changes and additions to these policies and procedures that will let Riordan Manufacturing to be in compliance. These changes will assist in bringing the social club mutilate and achieving Best in Class status. The recommended changes are discussed below. Alternative fray Resolution Clause Riordan should implement into the corporate polices an alternative battle colonization clause. The clause will be Any individual or persons who violate the Corporate Compliance Plan will be subject to disciplinary action. Disciplinary actions will take on literal and written warnings, suspension, and termination. The action taken will be foun d on the severity of the violation. Implementing an alternative dispute village clause will provide awareness to the employees of Riordan of the seriousness the social club has regarding the Corporate Compliance Plan.

The changes are meant to increase productivity and allow Riordan to incur compliance obligations. Alternative dispute resolution (ADR) has pop off accomplished as a workable alternative to litigation (Newmark, 1998). ADR includes processes and techniques that wasteweir outside of the government judicial process. ADR is generally separate into at least four types: negotiation, mediation, collabor tive law, and arbitration (Wikipedia, 2009).! With the process circuit in place prior to a dispute, the means of resolution will be set and the costs minimized. Enterprise financial obligation Riordan will operate with Mr. Bradford, Chief Legal Counsel, to ensure the company is protected against obligation lawsuits. Employee handbooks should be reviewed and updated where necessary. The revised handbooks will be...If you postulate to get a full essay, order it on our website: OrderCustomPaper.com

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