Halliburton Management Planning Paper Mgt 330
Haliburton Management Planning
Curtis B. Goodson
MGT/330
Aug 18, 2011
Michael Golojuch
Halliburton Management Planning
The corporation that I decided to write about is the Halliburton Company, which was founded in 1919. The base headquarters is in Houston, Texas with an additional headquarters in Dubai, the United Arab Emirates. This is a large corporation with a number of contracts with the government. They have several contracts with the military through a company called Brown & Roots which is subcontracted.
When we think of management in a business it deals with four functions, planning, organizing, leading and controlling. Everyone has to be involved in the planning of the organization. We look at analyzing in the planning to come up with goals and decide how to pursue the best method of achieving the goals. During this process we must consider the legal issues, ethics social responsibilities to what impact they have on the planning. There are factors that must be analyzed to influence the operational, tactical and contingency planning.
In any organization the planning part is the key to all functions of management. This company provides services and products worldwide when it comes to the energy industry. This company serves the oil and gas industry when it comes to …show more content…
They were under scrutiny for the way they made trades and accounted for revenue and expenses. The political administration in Washington had a lot to do with this scandal to rectify the greed and dishonesty. The cost overruns for jobs were looked into along with their accounting practices. The former CEO was Dick Cheney who was in charge of the accounting services. A suit was filed against Mr. Cheney also and Halliburton for filing false financial statements and misleading investors. The suit claimed the company accounting procedures amounted to as much $445 million in a three year
Curtis B. Goodson
MGT/330
Aug 18, 2011
Michael Golojuch
Halliburton Management Planning
The corporation that I decided to write about is the Halliburton Company, which was founded in 1919. The base headquarters is in Houston, Texas with an additional headquarters in Dubai, the United Arab Emirates. This is a large corporation with a number of contracts with the government. They have several contracts with the military through a company called Brown & Roots which is subcontracted.
When we think of management in a business it deals with four functions, planning, organizing, leading and controlling. Everyone has to be involved in the planning of the organization. We look at analyzing in the planning to come up with goals and decide how to pursue the best method of achieving the goals. During this process we must consider the legal issues, ethics social responsibilities to what impact they have on the planning. There are factors that must be analyzed to influence the operational, tactical and contingency planning.
In any organization the planning part is the key to all functions of management. This company provides services and products worldwide when it comes to the energy industry. This company serves the oil and gas industry when it comes to …show more content…
They were under scrutiny for the way they made trades and accounted for revenue and expenses. The political administration in Washington had a lot to do with this scandal to rectify the greed and dishonesty. The cost overruns for jobs were looked into along with their accounting practices. The former CEO was Dick Cheney who was in charge of the accounting services. A suit was filed against Mr. Cheney also and Halliburton for filing false financial statements and misleading investors. The suit claimed the company accounting procedures amounted to as much $445 million in a three year