Planning Function of Management Essay

be after is a crucial function of precaution that enables an organization to achieve its maximum potential. Halliburton is hotshot of the largest corporations in the United States, with a hands of oer 100,000 people in over 120 countries. Their home office is fit(p) in Houston, Texas and they are angiotensin-converting enzyme of the valets largest suppliers of products and go to the oil and bluster industry. This paper will discuss the issues impacting and influencing circumspection supply within Halliburton.Management is doing things reform charterership is doing the right things.Peter DruckerIt takes palmy management at all levels and whole step leadership to lead a vexation down the proverbial golden path. be after is the primary management function, which formalizes an organizations goals and objectives and establishes a base for the other functions of management.Halliburton guild is an oilfield operate confederacy and a provider of engine room and construc tion go that was constituteed in 1919. The company has expanded through wicked internal growth and some(prenominal) acquisitions and in March, 2002, Halliburton split into two main divisions the free energy Services Group (ESG) and Kellog Brown and casing (KBR). ESG offers a wide range of products and aids to upstream oil and gas customers worldwide, ranging from the manufacturing of bore bits and other downhole and completion tools and pressure pumping services (www.halliburton.com) APA citation error (incorrect-do not habit Web addresses or URLs in citations). If the author is cited in text mutation = Authors name (year) fill 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 spheric leader in construction and project management. Additionally, KBR is a leading government services letor, which has been the central point of many legal and respectable issues.Halliburton has true a great call of negative publicity over the agone year or so regarding it Iraq and capital of Kuwait operations. The Pentagon and Justice Department flummox twain launched criminal investigations receivable to erroneous contract cost estimates totaling $2.7 billion to serve American parade inthe middle east. Accusations feature been made of overcharging for meals supplied to troops in Iraq, as easilyhead as employees accepting kickbacks from a Kuwaiti subcontractor. Pentagon scrutiniseors found that KBR overcharged the U.S. government by $27.4 million during a period of golf club months in 2003. Additionally, Halliburtons internal audit revealed employees accepted these kickbacks in exchange for providing army supply contracts to the subcontractor (Associated Press). Limited military outlay has created lucrative opportunities for privately held companies much(prenominal) as Halliburton to win these contracts and will quell to be at the forefront of media campai gns as eagle-eyed as the United States cadaver in Iraq, especially when it comes to Dick Cheney. You have intercommunicate the issue thoroughly and back up your assertions. very much speculation has been generated in regard to stream Vice president of the United States and condition Halliburton CEO Dick Cheneys fiscal ties to his former company. On the September 14, 2003 edition of NBCs Meet the Press, Vice President Cheney said, And since I left Halliburton to become George renders vice president, Ive several all my ties with the company, gotten rid of all my monetary interest. I have no monetary interest in Halliburton of any miscellany and havent had, now, for over deuce-ace years (St. Louis Journalism examine). However, it came to light that Cheney received a salary of over $150,000 and keep over 400,000 shares of unexercised stock options at the time. Cheney stated that he deferred his salary and stock options accordingly it did not constitute a intrusion of et hics. The Congressional Research Service found that these financial interests in Halliburton demonstrated a financial interest with his former employer creating a conflict of interest. Despite the fact that Cheney stone-broke the law of ethics, he is exempt from the en push upment of such laws and cannot be prosecuted for it (Halliburton Watch).KBR is the largest military contractor in Iraq, with more than 50,000 employees and subcontractor working there and in Kuwait and Afghanistan. These employees drive trucks, wash clothes, surrender mail, and provide additional accept services for the U.S. troops. These workers are part of the Pentagons privatization system that enables the military to reduce the number of troops needed in a stipulation location by assigning noncombat functions to civilians. Halliburtons social responsibility is to keep theseworkers uninjured and away from fighting, but it has proved a difficult task. Numerous complaint and lawsuits have surfaced because of Halliburtons failure to provide near working conditions and in the case of one man who was killed, the suit states he was intently sent the escort as an confrontation decoy in the U.S. military mask vehicles, to ensure the safe arrival and saving of a second H-KBR fuel convoy (CNNMoney.com). Halliburtons social responsibility remains in question with workers being set in harms way on a regular basis.Factors influencing Halliburtons strategic, tactical, operational, and contingency planning include semipolitical inst superpower, rising sword prices, and environmental regulations. Halliburton operated in countries such as Iran, Iraq, Nigeria, Afghanistan, Indonesia, and Russia, which are currently experiencing unstable political and social climates. Continued conflict in these areas could have an impact on the companys bottom line and their ability to generate substantial revenue. Steel is a major(ip) commodity that is used in the setting up of plant and bear on facilitie s for natural gas and petroleum refining. enrol breaking high prices were reached in early on 2005, but have since stabilized. However, the ongoing consolidation in the steel industry could lead to higher prices causing the profit margins to suffer. Lastly, Halliburton is subject to environment and legal requirement in its worldwide operations, such as the wise piece of cake Act and Clean Air Interstate Rule, causing the states to reduce the deductible sulfur dioxide SO2 emissions by 70% and newton oxides emissions by 60%.Environmental issues such as these could place a gist on is cash flow. Insightful analysisHalliburton has an exceptional global presence and they are currently acting a prominent role in rebuilding Iraq and by providing our troops with shelter, meals, and bringing of materials. Although Halliburton has come under in puree scrutiny over the past several years due to its involvement with Vice-President Chaney and its legal and honorable issues, it has still managed to win military contracts due to its expertise in the oil service industry. This shows tremendous resiliency and reassures its customers and stockholders that it will continue to be a strong force in the oilfield services industry. Your paper is well written. It is clear and concise.References-references must match citations by author/proprietor.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/?pelvic inflammatory disease=B07921BD-F512-44F2-AE84-4DA7D8630C9DCompanyOverviewTop 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 luxuriant Year and Fourth Quar ter 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 utility=teal belowContent and Development = 40%_____ pick up elements covered, content comprehensive/accurate, clear points supported with detail, appropriate use of vocabulary, integration of conjecture and practice, research adequate/timely, content and purpose clear. Very good work on this section.Organization = 30%_____ Lead is arouse and relevant, thesis is well-developed, directional statement previews major points, paragraph transitions maintain flow, body paragraphs support a specific major point, proof is logical/flows evenly, conclusion reviews major points. unspoilt work-very well organized. Easy to read.Format = 10%_____ APA format, reader friendly, utilizes references appropriately, headings aid adapta bility/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,