"Bp Planning Functions Of Management Relates To Organization Goals And Strategy" Essays and Research Papers

  • Bp Planning Functions Of Management Relates To Organization Goals And Strategy

    British Petroleum Management Planning Created by: Stacy A. Figg Course: XMGT/230 Due Date: December 14, 2014 Instructor: Richard Hidalgo Background of BP • Founded by William D. Arcy in 1901 • Originally an Anglo-Persian company, but later became known as British Petroleum. 1. A company should use a systematic approach. 2. An organization should look to the future and plan out specific objectives and goals. 3. Managers and employees should understand these goals and work together to reach...

    Corporate social responsibility, Management, Occupational safety and health 431  Words | 12  Pages

  • Planning Management Functions

    Management Functions Planning Introduction In this assignment we should learn more about management, this function and the principal task of the function management is planning. Management is the process of reaching organizational goals by working with and through people and other organizational resources, were they need to follow three characteristics: 1. It is a process or series of continuing and related activities. 2. It involves and concentrates on reaching organizational goals...

    Goal, Management, Marketing plan 1846  Words | 7  Pages

  • Planning Function

    Management: Planning Function Planning is a major function of management. Planning may be the most important of all management functions. Planning involves a six-step process that assists an organization in setting goals and determining how to accomplish them best (Allen, 1998). “Effective planning helps an organization adapt to change by identifying opportunities and avoiding problems. It sets the direction for the other functions of management and for teamwork” (Allen, 1988, ¶ 1). In order to...

    Management, Mission statement, Organization 1714  Words | 5  Pages

  • The Planning Function of Management

    companies have a vision, mission statement, and a set of core values. These three things are normally made up by a group of senior managers or a leadership team. Once these three things are decided upon, the upper management or leadership team should deliver the information to the management below them, so the important information is delivered to all levels of employees within the company. After the these three things have been set, most companies will post their vision, mission statement and core...

    Goal, Management, Plan 1196  Words | 4  Pages

  • BP s management planning presentation

    BP’s Management Planning Presentation By Michelle Rollins MGT/230 1/20/14 Rick Benito Overview  The planning function of management  The influence of legal issues, ethics and corporate social responsibilities of British Petroleum (BP)  The factors that influence, Strategic, Tactical, operational and contingency planning Planning For Rebuilding and Growth Exploration Deepwater Gas value and chains Technology Relationships Strategic goals  Increase stock values  Rebuild public relationships...

    BP, Business ethics, Exxon Valdez oil spill 360  Words | 11  Pages

  • Functions of Management

    The Functions of Management There may be many ways for an organization to become successful but the key to success is not the system of the firm but the character and skills of the individual manager (Maister, 2002). Maister further stated that the character and skill of individual managers who "practice what they preach" and recognize the manager's role in training employees are what's really significant. Management is necessary for a business to function, yet when exploring the role of the...

    Control, Goal, Leadership 1918  Words | 6  Pages

  • Management and Planning

    Management and Planning Management Planning Management: Theory, Practice and Application/330 Management Planning Planning is identifying the goals to be accomplished and making a decision to move forward the suitable actions needed to achieve those goals (Bateman and Snell, 2009). Examples of planning may include examining current situation, predicting the future, establishing goals, choose what types of activities one will engage, and selecting the resources needed to achieve the said goals (Bateman...

    Apple I, Apple Inc., Apple Store 1266  Words | 5  Pages

  • Worldcom's Management Planning Function

    In every aspect of life, today's decisions impact the state of the future, this is determined by planning. In management planning involves setting objectives and determining a course of action for accomplishing these goals. This requires managers to be good decision-makers as well as aware of environmental conditions facing their organization in order to predict future conditions. Established in 1988, WorldCom Public Relations Group was formed to allow the most independent public relations firms...

    Business ethics, Ethics, Management 1355  Words | 4  Pages

  • Four Functions of Management

    The Four Functions of Management "Henri Fayol was the 1st to describe the Four Functions of Management when he was Chief Executive Officer of a large mining company in the late 1800's. He noted that managers at all levels operating in a for profit or not for profit organization must perform each of the functions of management." (Miller, 2005, pg. 5-9) These four functions of management consist of planning, organizing, leading and controlling. These four functions will be addressed as well...

    Control, Corporate governance, Henri Fayol 786  Words | 3  Pages

  • Planning Function of Management - Hooters

    University of Phoenix The Planning Function of Management Introduction: Corporate America did not become who they are today by hiring vast numbers of random employees, but by hiring proven managers who can effectively implement successful plans to meet the Corporate objectives. Management is responsible for and is evaluated on how well they meet the organizational objectives through the effective and efficient use of resources. A manager is evaluated by his or her performance of getting...

    Management, Organization, Plan 1298  Words | 4  Pages

  • Functions of Management

    Four Functions of Management Jennifer Tsouloufas MGT / 230 Management Theory and Practice January 14, 2013 Mark Hardee Abstract This paper will attempt to define and describe the four functions of management, planning, organizing, leading, and controlling. It will also relate each function to observations within the organization that I work. PlanningManagement in the process of working with people and resources to accomplish organizational goals” (Bateman, Snell, 2011, para. 1). A good...

    Control, Function, Goal 797  Words | 3  Pages

  • Organization Function of Management

    Organizing Function of Management University of Phoenix MGT 330 - Peggy Terrasi Learning Team C Team Members: John Champagne, Malka Feast, Jason Fruge, David Rampolla, Tom Tumminelli, Derrell Beck, Vinton Morgan Organizing Function of Management The four functions of management: planning, organizing, controlling and performing are all crucial to managers and corporations across the world. After the planning function of management from the top executives down to all management staff, organizing...

    Business, Decision making, Human resource management 1623  Words | 5  Pages

  • This paper defines functions of management (planning, organizing, leading, and controlling). This paper explains how each function relates to organization.

    Functions of ManagementFor any organization to operate smooth while achieving the goals of the organization management ideas are required to be in place. The basic functions of management, planning, organizing, leading and controlling are concepts put into action to help achieve company goals. Achieving those goals increases the value of the business and value is what any business wants. In a family owned childcare center two types of managers exist top-level and frontline, although, the top-level...

    Goal, Leadership, Management 981  Words | 3  Pages

  • Define What Is Planning Function of Management

    Management has been described as a social process involving responsibility for economical and effective planning & regulation of operation of an enterprise in the fulfillment of given purposes. It is a dynamic process consisting of various elements and activities. These activities are different from operative functions like marketing, finance, purchase etc. Rather these activities are common to each and every manger irrespective of his level of status. Different experts have classified functions...

    Human resources, Management, ManaGeR 830  Words | 3  Pages

  • Four Function of Management

    The Four Functions of Management and How it Relates to My Organization In today’s corporate world a manager to be affective must be able to incorporate the four functions of management (planning, organizing, leading, and controlling) into his or her management techniques. Managers who fail to implement the four functions have a greater chance of being unsuccessful in accomplishing the primary outcome for the project or task. Thus, generating an inferior product. DEFINING THE FOUR FUNCTIONS OF MANAGEMENT ...

    Function, Goal, Management 831  Words | 3  Pages

  • Functions of Management: Define the four functions of management and explains how each relates to your organization.

    Functions of Management To a degree, most people unknowingly possess management skills. Whether arranging their individual activities or that of children and family, the process to orchestrate a day's activity can be similar to that of managing an office. What probably differs the most is the scale on which the management skills are applied and what those skills effect. What remains a commonality, whether managing at the level of an individual or on a corporate level, is the need for a process based...

    Control, Dictionary, Goal 833  Words | 3  Pages

  • Importance of Management Functions and Principles

    Management is the coordination and oversight of the work activities of others so that their activities are completed efficiently and effectively. In order to carry out those responsibilities, management requires the application of several important functions, skills and roles to carry out the necessary activities in the organization effectively and efficiently. Effectively meaning doing things right so that the organizational goals can be attained and efficiently meaning getting the most output from...

    Conceptual art, Management, Organization 955  Words | 3  Pages

  • Basic Functions of Management in an Organization

    Bergman, Ian Stagg, 1997) Organization is a group of people with formally assigned roles who work together to achieve the stated goals of the group. (Gary Dessler, 2001) A manager is an individual in an organization who directs the activities of others. (Stephen P. Robbins, Rolf Bergman, Ian Stagg, 1997) In my opinion, management refers to the people who do it or the process to do it. It must be applies as the root or the base for an organization. Usually, the management related with the manager...

    Conceptual art, Leadership, Learning 1471  Words | 5  Pages

  • Planning Function of Management

    ------------------------------------------------- Planning Function of Management | Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step. It is a systematic activity which determines when, how and who is going to perform a specific job. Planning is a detailed programme regarding future courses of action. It is rightly said “Well plan is half done”. Therefore planning takes into consideration available & prospective human and physical resources of the organization so as to...

    Future, Management, Plan 874  Words | 3  Pages

  • Bp Management

    BP Management Tashon Cooper MGT/230 February 2, 2012 Paul Hennessy BP Management BP Management ensures that the material risks are identified and that the company runs effectively. Furthermore, BP management ensures that internal control and risk management is under control. In particular, some vital components of BP management include their recognition for the company’s yearly plan, reviews of material risks, ensuring that the chief executive adopts their approach about risks, and that...

    Auditing, Corporate governance, Financial risk 1027  Words | 4  Pages

  • Planning Functions of Management

    Planning Functions of ManagementPlanning is concerned with the future impact of today's decisions. It is the fundamental function of management from which the other four functions stem” (Erven, 1999). Considering planning is the first of the four functions of management, one can appreciate the importance and impact it has on the other functions. Production cannot begin and staff cannot be mobilized unless the planning phase has been completed. Factors however, do exist which affect the planning...

    Business ethics, Corporate governance, Dennis Kozlowski 1524  Words | 5  Pages

  • Management Function

    Analysis of Management in an Organization All organizations depend on group efforts. Teamwork and group action have become necessary in every day of life, and it will lead to the success in group efforts. The management will be very important to the groups because it can helps to achieve group goals, provides maximum resources to his or her team, minimizes the cost, establishes sound organization, and generates more welfare to his or her team. Management functions, manager’s skills, management control...

    Control, Goal, Leadership 1719  Words | 6  Pages

  • Management Functions

    Management Functions Being here at the University of Phoenix for only five weeks, and completing my first class, I am anxious and excited to start this class on management. Majoring in business management, I hope to learn an abundance of information that will hopefully, help me in my future careers. Management is a very important thing to have in every day life, whether management be involved in work, family, or social environments. Management has four functions, planning, organizing, leading,...

    Control, Leadership, Management 966  Words | 3  Pages

  • Human Resource Planning and Organizational Strategy

    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...

    Human resource management, Human resources, Management 637  Words | 5  Pages

  • Four Functions Management Paper

    Functions of Management MGT/00 Essentials of College Writing July 22, 2011 Functions of Management The word Management describes as the method working with persons and resources in order to accomplish organizational goals (Bateman & Snell, 2009). Other defines management as solving problem creatively via the functions of management (Adam, 2009). Accomplishing organizational goals require to posses basic steps in order to achieve the goals. There are four different functions of management planning...

    Acolyte, Goal, Iconostasis 881  Words | 3  Pages

  • Management and Company

    Management Imagine you are an executive for BP, and you are preparing a presentation for the board of directors about the organization’s direction. Create a 10- to 15-slide Microsoft ® PowerPoint ® presentation, with speaker notes, in which you address the following: • Evaluate the planning function of management as it relates to the organization’s goals and strategies. Use steps in the planning process outlined in the text. • Analyze the influence that legal issues, ethics, and corporate social...

    Management, Mission statement, Plan 1076  Words | 5  Pages

  • Functions of Management

    Management: Four Main Functions of Management There are four main functions of management; planning, organizing, leading, and controlling. All four functions have a significant role in the maintaining of efficient and effective management. Planning The first function of management is planning, which is the management function of systematically making decisions about the goals and activities that the overall organization will pursue, including making decisions for individuals and groups within...

    Control, Douglas McGregor, Function 906  Words | 3  Pages

  • The Functions of Management

    following of questions: 1- Describe the function of planning and its importance in the strategic management process. Planning & Strategic Management planning, which we previously defined as setting goals and deciding how to achieve them. Another definition: Planning is coping with uncertainty by formulating future courses of action to achieve specified results. strategic management is a process that involves managers from all parts of the organization-top managers, middle managers, and first-line...

    Goal, Management, Management by objectives 1442  Words | 5  Pages

  • Organizational Planning Paper

    Organizational Planning Paper Lucionda Garnett MGT/521 April 16, 2014 Mr. W. Eric Hogan Organizational Planning Paper In the last few years, the economic stability in the American society has been at an unprecedented low. Throughout the recession, it has become...

    Amoco, Anglo-Persian Oil Company, BP 945  Words | 2  Pages

  • Mgt 330 Management for Organization

    When I began this course I I was unsure of what to expect. The name of the class "Management for Organization" seemed like such a broad title. Just reading the title I new this class would entitle lots information. I was praying that I didn't get a hard professor. Through out the course I have learned a lot about responsibilities and characteristics of a CEO or managers on down the line of a business. There were a few things that I like most and I will explain them to in this paper. The topics I...

    Big Five personality traits, Emotion, Leadership 1478  Words | 4  Pages

  • Strategic Management

    February 1, 2013 Dr. Kunze Organization & Management Chapter 5 Analysis: Strategizing Main Purpose The primary focus of this chapter was to place emphasis on strategic management and how to plan objectives in order to ensure all goals of the company are met. This relates directly with the previous chapter because the P-O-L-C framework is incorporated. The author begins by describing the term strategy. Strategy is a central part of the planning function in P-O-L-C framework. It is...

    Balanced scorecard, Business terms, Hoshin Kanri 933  Words | 5  Pages

  • Fundamentals of Human Resource Management

    Resource Management Overview Fundamentals of Human Resource Management HRM/300 Jennifer C. Brito, MS HRM, PHR Human Human Resource Management (HRM) function within an organization is...

    Human resource management, Human resources, Management 828  Words | 3  Pages

  • Functions of Management Paper

    Functions of Management Paper Page 1 Functions of Management Paper Functions of Management Paper University of Phoenix Denise Zmijewski-Bunch February 15, 2009 Function of Management Paper Page 2 Function of Management Paper The four functions of management include Planning, Organization, Leading and Controlling. This paper will explain how each function is applied to a business by the management team and how the management team applies the four fundamental functions of management...

    Business, Employment, Function 918  Words | 3  Pages

  • Functions of Management

    Functions of Management Jennifer Byrd August 30, 2010 MGT/330 Don Driscoll Functions of Management Managers in organizations are responsible for working with subordinates and resources of the organization to accomplish goals within. The functions of management consist of four different processes at different levels within the organization. Each level of management delegates duties to the lower level to ensure subordinates are accomplishing goals effectively and efficiently. The four functions...

    Control, Goal, Leadership 882  Words | 3  Pages

  • Four Functions of Management

     Functions of Management United Health group is a major insurance company that provides medical and mental health coverage to its consumers. The organization manages Medicaid and Medicare accounts as well as commercial accounts from employers. Providing healthcare insurance is a competitive job, therefore, the management of the organization has to use the four functions of management to remain in the competition. The four function of management are planning, organizing, leading and...

    Control, Goal, Leadership 799  Words | 3  Pages

  • Management and its Functions

    Management is the process of coordinating people and other resources to achieve the goals of the organization. One key characteristic is the ability to empower rather than order employees to do their jobs. Effective empowerment depends on the leader and the employees building mutual respect, trust, and commitment. Leadership also possesses the ability to communicate by fostering an ongoing dialogue rather than issuing mandates. Now the leadership and management are defined, we can move on to describe...

    Consultative selling, Customer, Customer service 1178  Words | 4  Pages

  • Management Functions

    company are made through management, whether it is a single manager or a team of managers. Management has four basic functions which are planning, organizing, leading and controlling. With these functions they will be able to make the company more successful, because the company a format to help them guide or organize their company in an efficient manner. Planning is the base component of the management functions. Three main components help form the function of planning. These components include...

    Lead, Lead paint, Management 1557  Words | 5  Pages

  • Mgt 330 Functions of Management

    Four Functions of Management Tayshia Forrest MGT 330 May 15, 2011 Didier S.D. Opotowsky University of Phoenix Abstract: The objective of this paper is to explain and define the four functions of management, which are planning, organizing, leading, and controlling. The paper will also explain how these four functions are incorporated in the fast food franchise of Hardees and Carl Jr. restaurants. Discussed are different ways the restaurant managers practice these functions for their employees...

    Control, Leadership, Management 1049  Words | 4  Pages

  • Management Functions

    Performance The ‘Four ManagementFunctions * Contents Page 1.0 Introduction Pg. 2 2.0 Management Functions Pg. 3 3.0 Example 1 – RedBalloon Pg. 4 4.0 Example 2 – Best Buys Pg. 5 5.0 Conclusion Pg. 6 6.0 Bibliography Pg. 7 * 1.0 Introduction This report attempts to evaluate the ways in which managers can contribute to organisational performance. It uses the works of Henri Fayol and the ‘four management functions’ and considers...

    Best Buy, Goal, Henri Fayol 1042  Words | 4  Pages

  • Functions of Management

    Individual Paper: Functions of Management Vicky L. Minik MGT/330 January 13, 2013 Dr. Kathleen Dominick Week One Individual Paper: Functions of Management The four functions of management planning, organizing, leading, and controlling will impact greatly organizational success because no matter what type of organization it is for instance it can be retail, food, labor, construction, military, or service industries like hospitals, police, or even nonprofit organizations they all follow the...

    Goal, Leadership, Management 672  Words | 3  Pages

  • Microsoft's Management Planning

    Microsoft’s Management Planning Paper Within this paper Microsoft’s organization will be assessed with the planning functions of management. Along with a brief analysis of Microsoft’s history and the impact that legal issues, ethics and corporate social responsibility have on the planning functions of management. It will also analyze the factors that influence the Microsoft’s strategic, operational, and contingency planning. The Microsoft corporation is one of the most prevalent and powerful...

    Bill Gates, Corporate social responsibility, Corporation 1235  Words | 4  Pages

  • 4 Functions of Management - Paper

    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 organizationsgoals 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...

    Control, Employment, Leadership 751  Words | 3  Pages

  • Importance of Strategic Planning and Management

    Importance of Strategic Planning and Management in the Business Environment Paper Qiana Simmons University of Phoenix Importance of Strategic Planning and Management Small Business Plan The business venture that I have selected is a Sport’s Bar Franchise. The reason I picked the Sports Bar Franchise is because I have wanted to open up my own Sport’s Bar for about the last two years. I have been curious to know what does it take to open up a Sport’s Bar and with doing this project...

    Alcoholic beverage, Bar, Business 872  Words | 3  Pages

  • Levels and Functions of Strategic Planning

    value.CITATION MIK13 \l 1033 (Mikoluk, 2013) Strategic planning is also the process of developing and maintaining a strategic fit between the organization’s goals and capabilities and its external opportunities in order to maintain competitive advantage. Strategic plan helps manager to make fundamental decisions and define the action or steps that guide what the organization intends to achieve with a focus on the future. Strategy planning can be implemented at three different levels, which are corporate...

    Human resource management, Human resources, Management 812  Words | 2  Pages

  • Planning Management Principles

    Planning Management Principles 1. Planning in Management Planning is deciding in advance what to do and how to do. It is one of the basic managerial functions. Before doing something, the manager must formulate an idea of how to work on a particular task. Thus, planning is closely connected with creativity and innovation. It involves setting objectives and developing appropriate courses of action to achieve these objectives. 2. Planning Definition "Planning bridges the gap from where...

    Future, Management, ManaGeR 1900  Words | 6  Pages

  • Functions of Management Paper

    Running Head: FUNCTIONS OF MANAGEMENT Functions of Management Paper University of Phoenix Management: Theory, Practice, Application MGT/330 October 20, 2007 Introduction The following paper is a definition of Management and its functions as well as an explanation on how these functions relate to my organization. ...

    Human resource management, Human resources, Knowledge management 1466  Words | 6  Pages

  • Functions of Retail Management

    FUNCTIONS OF RETAIL MANAGEMENT When attempting to start a business, having a keen understanding of the goals of management through the main four management functions is one key to seeing success, both with the operation and with employees. With this said, a vital part of planning of the management end will involve three important activities. The first stage, "planning involves developing a systematic process for attaining the goals of the organization...Leaders make change happen through planning...

    Business, Control, Management 1013  Words | 3  Pages

  • Ford’s European Organization Changes Strategy

    managing in the new competitive landscape The drivers of competitive advantage for your company The functions of management and how they are evolving in today’s business environment The nature of management at different organizational levels The skills you need to be an effective manager 1-4 The ‘New’ World “The Darwinian struggle of daily business will be won by people – and the organizations – that adapt most successfully to the new world that is unfolding.” - Business Week August 21-28,...

    Control, Goal, Leadership 709  Words | 5  Pages

  • Management Planning – Boeing Corporation

    Management Planning – Boeing Corporation Management: Theory, Practice and Application/MGT330 Management Planning – Boeing Corporation Management planning is the first basic process in a series of four fundamental management functions. The planning function is a vital for any company because it is a process of formulating goals, provides focus to achieve those goals, and gives direction in the attainment of the goals. Boeing is a large, global corporation and many internal and external factors...

    Boeing, Business ethics, Corporate social responsibility 1304  Words | 4  Pages

  • Planning and Control in an Organization

    Introduction In any organization there should be a set Vision and Mission. What do you want to do and offer you customers and where you see yourself in the years to come? The first step is the planning process and the final step is controlling what you have planned. These processes are the most critical aspects in Management. 2. Mission and Vision: 2.1 The Mission statement: The mission statement is probably the most important part of the planning process. The mission on any organization should be the...

    Business terms, Management, Mission statement 1050  Words | 4  Pages

  • 4 Functions of Management

    The management process contains four basic functions; planning, organizing, leading and controlling. By using these key tools, one can create an organization as a whole consisting of unified parts acting in harmony to achieve goals, both successfully and proficiently. It is vital for an organization manager to implement these functions to ensure the success of the company. The functions of management are described, according to (Bateman, Snell, 2004) as follows: Planning is specifying the goals to...

    Goal, Management, Need 1107  Words | 3  Pages

  • Management Planning

    every major organization has a planning function of management. One can analyze the impact that legal issues, ethics, and corporate social responsibility have had on management planning. Therefore, finding influences the company’s strategic, tactical, operational, and contingency planning. Management leading functions are planning, organizing leading and controlling. Coca-Cola Strategic Planning function is responsible for leading the development of the overall corporate strategy of the Company...

    Coca-Cola, Coca-Cola Zero, Diet Coke 1255  Words | 3  Pages

  • Mcdonald's Organizing Function of Management

    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...

    Franchising, Human resource management, Human resources 1533  Words | 5  Pages

  • W2 Functions of Management

    03. Functions of Management Paper Kristopher Watkins, Jovita Romo, Tatesha Thomas, Markea Walker-Brown Kathryn Shanosk, Michelle White, Tyrell Hall MGT/312 February 16, 2015 Armand Di Cianni Functions of Management Paper All organizations have a set of goals in place to achieve company success. Effective management allows the company to operate efficiently. The cycle of management functions include planning, organizing, leading, and controlling. As a leading global retailer of athletically...

    Champs Sports, Control, F. W. Woolworth Company 692  Words | 5  Pages

  • Functions of Management

    Functions of Management Angelia Renee Cady MGT / 330 December 03, 2012 Rick King Functions of Management In an organization or group, a manager responsibility is to supervise employees to ensure that necessary duties are accomplished in reaching plans and goals set by said groups and organizations. “Focus on a few key objectives ... I only have three things to do. I have to choose the right people, allocate the right number of dollars, and transmit ideas from one division to another with...

    Clinic, Control, Goal 964  Words | 4  Pages

  • A Look Into Halliburton's Planning Strategies

    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...

    Foreign Corrupt Practices Act, Halliburton, KBR 1418  Words | 5  Pages

  • Management and Planning

    Planning involves in every aspect of people’s life. If an individual wants to achieve success, he or she must have a proper preparation. It is also the same in business.” Organizations that fail to plan are planning to fail”, I do agree with this opinion. A plan demonstrates your intentions, mission, vision and method to carry it out. It is an important part of doing business. Without planning, an organization may not operate smoothly and may lead to failure. This essay will examine both the advantages...

    Management, Michael Porter, Organization 2303  Words | 6  Pages

  • 4 Four Functions of Management

    Management Four Functions Rosa L. Flores University of Phoenix Management: Theory, Practice, and Application/ Mgt 330 Kennett Baca December 20, 2008 Management Four Functions This paper will define the four basic functions of management; planning, organizing, leading, and controlling. This paper will also describe how these were applied in my worksplace. Management definitively has more functions than just the four mentioned above. The four that will be discussed in this paper are the four...

    Binary relation, Board of directors, Function 1170  Words | 3  Pages

  • Functional: Management and Business

    that their businesses run successfully. The functions approach provides four major functional areas in the business world. The four functions include planning, organizing, leading, and controlling. The functional areas in the functions approach are vitally important when concerning operating a business. The two functional areas most important for managers when creating a business would be the planning and organizational areas. Planning is by far the most important functional area...

    Business, Goal, Management 1042  Words | 4  Pages

  • Management functions.

    I. Planning Great ideas do not achieve greatness until their originator posits some plan to get there. In management science, no grand expectation or promise of future growth is likely to ever be fully realized unless its predictor develops some well-organized plan to turn figures on paper into genuine productivity. The plan is essentially a road map to success and when it is clear and well written, the this map helps travelers find their way with little or no difficulty. Perhaps one of the most...

    Better, Control, Leadership 1457  Words | 5  Pages

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