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Management Planning – Boeing Corporation

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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 effect its business. Boeing must adhere to certain regulations, such as those instituted by the Federal Aviation Administration (FAA). The organization designs, builds, and supports commercial and military aircraft in the United States and …show more content…

The last step of the planning process is controlling and monitoring and is ongoing. All levels of managers are involved in this process using controls that measure the performance and progress of the plan. This step also allows adjustments to the plan because changes sometimes occur or the plan was executed improperly. The strategic, tactical, and operational planning must be aligned in order for a plan to succeed.
Legal Issues, Ethics, and Corporate Responsibility
Many internal and external factors influence planning management. Legal issues can destroy a businesses reputation and affect its profitability. In the 1998, Boeing settled a gender discrimination case and agreed to pay $75 million dollars to the accusers. Women employees accused Boeing of paying them significantly less wages than employees who were men. According to BLR.com (2010), “Boeing admitted no wrongdoing but agreed to change its hiring, pay, promotion, and complaint investigation procedures” (HR and Employment Law News, para. 2). As a result of the lawsuit, Boeing used the planning function in the human resources management. Other issues influence Boeing’s planning function.
Boeing and its managers are not innocent from unethical behavior. A CEO of Boeing was fired in March 2005 for participating in an extramarital affair (Holmes, 2005). This was a violation of Boeing’s ethics code that the CEO expected

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