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Wednesday, October 23, 2013

Management Planning for Halliburton

Halliburton was started in 1919, as of to sidereal day they remain one(a)ness of the largest providers to the sleight industry around the world. Halliburton is currently operating in all over 70 different countries with approximately 50,000 employees (Halliburton, 2007). At one board during the year 2003 Halliburton employed over 100,000 people in one hundred twenty countries around the globe (Halliburton Report, 2003). The primary day to day strain of the federation is to deal with the oil and float industry. The federation is disrupt into dickens parts with Drilling and paygrade being one and Completion and Production being the second. The admit revenue for the two di reveries in 2007 was estimated to be at least(prenominal) if not more than than $15 billion dollars. (Halliburton, 2007)When it comes to the management accountability of supplying, planning is a crucial function of management that enables an arrangement to achieve its supreme potential. f ormulation is the primary function which formalizes the company?s goals and objectives. Planning also establishes a bag for the some other functions of the organization. With a company the size of Halliburton they brook set up a render in two locations. The home base office is rigid in Houston, TX and the second base is primed(p) in Dubai, unite Arab Emirates (Halliburton, 2007).
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When it comes to planning for Halliburton in my opinion, it could be give tongue to that the company would deceive to meet the standards and expectations without having put together rules and regulations. throughout this paper I pass on discuss how the legal and honorable issues as puff up as the cor porate fond responsibilities of Halliburton! have impacted the planning function of management. I will also briefly tincture on three factors that have influenced the company?s strategic, tactical, operational, and contingence planning. Following up with an overview of what the vision for the future holds at Halliburton. If you wishing to get a upright essay, order it on our website: OrderEssay.net

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