Planning Function of Management - Halliburton Company

Topics: Dick Cheney, Halliburton, Vice President of the United States Pages: 4 (1330 words) Published: March 21, 2007
Planning is a crucial function of management that enables an organization to achieve its maximum potential. Halliburton is one of the largest corporations in the United States, with a workforce of over 100,000 people in over 120 countries. Their home office is located in Houston, Texas and they are one of the world's largest providers of products and services to the oil and gas industry. This paper will discuss the issues impacting and influencing management planning within Halliburton.

"Management is doing things right; leadership is doing the right things."Peter DruckerIt takes successful management at all levels and quality leadership to lead a business down the proverbial golden path. Planning is the primary management function, which formalizes an organization's goals and objectives and establishes a base for the other functions of management.

Halliburton Company is an oilfield services company and a provider of engineering and construction services that was founded in 1919. The company has expanded through tremendous internal growth and several acquisitions and in March, 2002, Halliburton split into two main divisions: the Energy Services Group (ESG) and Kellog Brown and Root (KBR). "ESG offers a wide range of products and services to "upstream oil and gas customers worldwide, ranging from the manufacturing of drill bits and other downhole and completion tools and pressure pumping services" (www.halliburton.com) [APA citation error (incorrect-do not use Web addresses or URL's in citations). If the author is cited in text = Author's name (year) "direct quote" (p. #). If the author is not cited in text = "direct quote" (author, year, p. #).] . KBR is the engineering subsidiary for Halliburton and is a global leader in construction and project management. Additionally, KBR is a leading government services contractor, which has been the focal point of many legal and ethical issues.

Halliburton has received a great deal of negative publicity over the...

References: begin with author/owner name e.g. CNN.money and Halburton are the owners of the websites. See examples in APA manual.
MarketLine Business Information Center. Retrieved January 27, 2007 fromhttp://dbic.datamonitor.com.ezproxy.apollolibrary.com/companies/company/?pid=B07921BD-F512-44F2-AE84-4DA7D8630C9D#CompanyOverviewTop 25 Censored Stories. St. Louis Journalism Review; Dec 2006/Jan 2007, Vol. 36Issue 292, P23-27, 5p. Retrieved January 26, 2007 fromhttp://web.ebscohost.com.
Decision Management System. Retrieved January 28, 2007 from www.halliburton.comHalliburton Announces Full Year and Fourth Quarter Results. Retrieved January 28,2007 from http://CNNMoney.comKelly, Matt. (2003, March). Halliburton Fires Workers for Allegedly Taking Kickbacksfor Iraq Contract. Retrieved Janury 27, 2007 from www.commondreams.orgTotal points available=14Your score=13.75Areas for improvement=teal belowContent and Development = 40%_____ Key elements covered, content comprehensive/accurate, clear points supported with detail, appropriate use of vocabulary, integration of theory and practice, research adequate/timely, content and purpose clear. Very good work on this section.
Organization = 30%_____ Lead is interesting and relevant, thesis is well-developed, directional statement previews major points, paragraph transitions maintain flow, body paragraphs support a specific major point, conclusion is logical/flows evenly, conclusion reviews major points. Good work-very well organized. Easy to read.
Format = 10%_____ APA format, "reader friendly," utilizes references appropriately, headings aid adaptability/not overdone, neatly presented, format requirements followed. Some small errors in APA formatting of reference page and citations. (-.25)Mechanics = 10%_____ Punctuation rules followed, contractions avoided, spelling correct, vernacular is avoided, written in same person throughout, tense remains consistent.
Readability and Style-10%_____ Complete, clear, concise statements, well constructed sentences, sentence transitions present, words/concepts precise, tone appropriate to content.
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