Premium Essay

Halliburtion

In: Business and Management

Submitted By redgirl23666
Words 732
Pages 3
Halliburton
Tiffany Ashley
Management 350
October, 19 2010
Laurie Ryan

Halliburton For years, Halliburton, better known as Big Red, has been a leader in the oil services industry, it provides engineering and production services for oil extraction and development. Established in 1921 as the first oil rigging and cement pouring company, the company was responsible for constructing monumental infrastructure products, developing cutting edge technologies, equipment, oil production and managing supplies for military operations. After parting from Kellogg, Brown & Root (KBR), it was no longer in the industry of providing military logistics. Halliburton contributes and functions in over 50,000 employees and operating in approximately 70 countries. The purpose of the planning function of management is to evaluate Halliburton by analyzing the impact the corporate social responsibility, legal issue, ethics and have had on the management planning of the corporation. Each function will be provided for each. This will analyze three main factors that influence contingency planning, strategic, tactical, and operational Halliburton’s management approach has allowed the company to remain in the for front of its production. This was well-known through Halliburton’s decisions in acquiring fresh subsidiaries. Halliburton planned for the increase in globalization by tapping into the world market that would be helpful for the corporation. As a business corporation, planning must be a vital part of how the company takes care of their business. Halliburton ethics statements says It is the personal responsibility of each Company Director, employee and agent to observe the standards of conduct and other requirements of the Code of Business Conduct whether or not these standards and requirements are also imposed by law. Any Director, employee or agent who does not…...

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...were used to achieve them. Having reviewed the goals of the department, I would prepare a survey for various groups of stakeholders, such as the city council and the chamber of commerce. Survey results would be evaluated carefully, and overall effectiveness of the police department would be determined on the basis of these surveys. Satisfaction of key stakeholders is important due to the significance of maintaining the public’s confidence in the police force. Organization activities that are likely to be outsourced are the functions that are tedious and time consuming. Simple tasks such as filing documents, placing calls, and back office work are handled by this type of subsidiary know as outsourcing. Many large corporations from Halliburtion to the Los Angeles Police Department use outsourcing to not only reduce cost but also save time. Larger corporations are taking daily tasks that are consuming a portion of their day to utilize personal outsourcing to complete the tasks at cost. The goal is not to put all tasks on managers or contractors but to alleviate strain on tedious projects. Some companies are going to extreme measures to outsource using virtual network structure. The structure allows the smallest of companies to draw on worldwide resources for their businesses. However organizational activities that are not likely to be outsourced are the main functions and proceedings of the business. The financial aspects, employee selection, and innovative change aspects......

Words: 733 - Pages: 3