Management Planning at Halliburton Planning is one of the most critical functions of management an organization can use to accomplish its mission. Halliburton was founded in 1919 and is one of the largest providers of products and services to the energy industry‚ with a workforce of almost 50‚000 people in over 70 countries. Their home office is located in Houston‚ Texas and they have been leaders in the energy services and engineering and construction (E&C) industries for almost a century. This
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Management Planning Paper: A Look into Halliburton’s Planning Strategies Michael-Paul Battle University of Phoenix October 8‚ 2009 Management Planning Paper Halliburton is one of the largest providers of products and services to the oil and gas industry. Contributing to the success at Halliburton are 50‚000 employees that work in over 70 different countries (Halliburton‚ 2009). What began in 1919 after borrowing a wagon‚ some mules and a mixer‚ has become a successful business by focusing on
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Organizing Function of Management Billie Holloway Jack Geer July 19‚ 2010 Organizing Function of Management This paper shows how McDonald’s like any other organization must use the organizing function of management to have a successful business. Management must always take action. It is important for management to organize and coordinate activities that relate to the establishments policies. Over the years management has developed from creating charts to identify business functions‚ creating reporting
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Organizing Function of Management While companies must still have organization charts to define the ultimate accountability‚ three inter-related developments have intervened to push the conventional organization chart into the background and change the role of management. These developments have been the increasing volatility of the environment in which a company does business‚ the increased speed of business and the advent of information and communications technology. Companies have adapted to
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Functions of Management MGT/330 Tracy Avery January 9‚ 2013 Carrie Guerreiro Functions of Management The process of working with people and resources to accomplish organizations’ goals is defined as management (Bateman & Snell‚ 2009). To make sure an organization is successful in the 21st century‚ they must be able to manage their resources and adapt to the ever-changing world of business. Organizations must employ individuals who can plan‚ organize‚ lead‚ and control while maintaining
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Organizing Function of Management: Tyco Robert Black MGT 330: Management: Theory‚ Practices‚ and Application June 21‚ 2010 Instructor: Tonya T. Moore University of Phoenix The Organizing Function of Management: Tyco Organizing is the second function of management‚ which follows planning. The organizing function of management can be described as the coordination and assembling of a company’s human‚ financial‚ physical‚ informational‚ and other resources needed to achieve the goals and objectives
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Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
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earn a living. Large organisations emerged leading to increased problems in the management of employees and work processes. Relationships between employees and employers were often volatile as employers sought to impose strenuous working conditions in order to increase productivity. There was a need to develop management approaches that would minimise tension and increase productivity. These approaches would give management the ability to have more control over work processes‚ its members and also to
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MGT601: The Functions of Modern Management Professor: Vanessa Washington Human Resource Planning and Organizational Strategy Rhonda Hudson August 4‚ 2014 Human resource is about the people in an organization; which is the core of any organization and its strategic plan. When properly aligned‚ the human resource department contributes to a successful strategy and the financial bottom line of a company. To have full involvement with strategy development‚ human resource needs
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(2003) state that "planning is the conscious‚ systematic process of making decisions about goals and activities that an individual‚ group‚ work unit‚ or organization will pursue in the future" (Planning and strategic management‚ p. 108). There are several levels in the planning process. Strategic planning involves setting long-term goals and is a function traditionally employed by top-level management. Newer models of strategic planning tend to involve all levels of management. Examples for strategic
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