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Management Planning Management Planning According to Halliburton.com (2013)‚ “Founded in 1919‚ Halliburton is one of the world’s largest providers of products and services to the energy industry. … Halliburton comprises 13 product service lines (PSLs). The PSLs operate in two divisions: Drilling and Evaluation‚ and Completion and Production” (para. 1-2). This is a company that needs to put the best strategic plan in place that will plan effectively for the future of the company that will make
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What is Strategic Planning? Strategic planning is an organizational management activity that is used to set priorities‚ focus energy and resources‚ strengthen operations‚ ensure that employees and other stakeholders are working toward common goals‚ establish agreement around intended outcomes/results‚ and assess and adjust the organization’s direction in response to a changing environment. It is a disciplined effort that produces fundamental decisions and actions that shape and guide what an organization
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Family Planning • It means the spacing of children and that parents are completely free to choose the number of children they want. • People in almost all parts of the world are agreed that family planning is necessary in every country which desires to raise the living standard of its people. • Family planning has also been referred to as the totality of human efforts to achieve human dignity‚ economic stability‚ health and happiness and welfare through: o Birth regulation and
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HR Planning: * The process for ensuring that the HR requirements of an organization are identified and plans are made for satisfying those requirements. * Planning for the personnel needs of an organization based on internal activities and external environment * How many people? What sort of people? Definitions: * HRP determines the human resources required by the organization to achieve its goals. It is “the process of ensuring that the human resource requirements of an organization
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Strategic Planning (ExxonMobil) Abstract Location‚ location‚ location – this seems to be one of the oldest cliché concerning items from retail to widgets. Having the right products in the right place‚ the right form of outlet‚ eager customers and you have the profits just rolling in. This is true even in the petroleum sector. Having the right road‚ great traffic flow and a well-positioned location and Bingo!-Profits just rolling in. This paper is about number one of the world’s multinational
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Aggregate planning is the process of developing‚ analyzing‚ and maintaining a preliminary‚ approximate schedule of the overall operations of an organization. The aggregate plan generally contains targeted sales forecasts‚ production levels‚ inventory levels‚ and customer backlogs. This schedule is intended to satisfy the demand forecast at a minimum cost. Properly done‚ aggregate planning should minimize the effects of shortsighted‚ day-to-day scheduling‚ in which small amounts of material may be
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Capacity Planning The overall objective of strategic capacity planning is to reach an optimal level where production capabilities meet demand. Capacity needs include equipment‚ space‚ and employee skills. If production capabilities are not meeting demand‚ high costs‚ strains on resources‚ and customer loss may result. It is important to note that capacity planning has many long term concerns given the long term commitment of resources. Managers should recognize the broader effects capacity
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Use appropriate tools to develop strategic options for an organization Ansoff Matrix: The Ansoff Growth matrix is marketing planning tool that helps a business determine its product and market growth strategy. Ansoff’s product/market growth matrix suggests that a business’ attempts to grow depend on whether it markets new or existing products in new or existing markets. The output from the Ansoff product/market matrix is a series of suggested growth strategies which set the direction for the
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LESSON PLANNING Farrell‚ Thomas S.C.(2002) Lesson planning in: Methodology in Language Teaching. Cambridge. Cambridge University Press. A unit plan is a series of related lesson around a specific theme such as “the family”‚ “money”‚ etc. Planning daily lessons is the end result of a complex planning process that includes the yearly‚ term and unit plans. A daily lesson plan is a written description of how students will move toward attaining specific objectives. It describes the teaching
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