Assignment: Management Planning Paper
Management Theory Practice and Application
With any company, organization, or corporation the first phase of any management is planning. This phase is very important to any company because many different planning functions and each planning function create a standard for each of its employees to follow. This paper will discuss the planning functions of management while looking at the Boeing Company. While looking at the different planning functions, this paper will also discuss and identify legal, ethical, and social responsibilities that impact Boeing. It will also show some factors that influence Boeings strategic, tactical, operational, and contingency planning. Boeing can be considered the
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With the company being in the public eye at all times the planners must determine where, when, and how the product will be used before they begin building, testing, and using the new technologies. Since Boeing has become such a large company it has had to continuously evaluating the way it does things to make sure that they are doing the right thing. Boeing also has a legal responsibility to the military, government, and commercial markets to provide the newest technology available and get the approval from the United States government before they produce any military technologies for the foreign government/powers. When Boeing deals with the military they are required and mandated to keep some equipment specifications classified so that they do not fall into the wrong hands. If this security is breached Boeing would be held responsible and this could be detrimental to our homeland security and military. Boeing also has a social responsibility to provide jobs to their employees and community. “Boeing rightly insists that they cannot be expected to provide jobs for the life in a fast-changing, global market. But what they can—and should—offer employees, is a tool kit of portable skills, a high level of training that allows displaced workers to land new jobs” (McMurdy, 1996 par.8). In some ways Boeing believes by providing the jobs to the community it places them in an advantage where
Boeing is the largest aerospace company and the largest manufactor of commercial and military aircraft in the world. Boeings military aircraft come equipped with missiles, satellite, launch vehicles and advanced information and communication systems. Boeing is the number one U.S. exporter when it comes to sales. Boeing’s management must understand the importance of the legal, ethical and social responsibility of their organizations. All of the above mentioned will have an effect on the planning function of management.
Boeing adopts a very thorough, well planned out process to manage the project. The stages are defined clearly and tasks involved in each stage are carried out sequentially. The first stage of their approach is the project definition phase during which Boeing identified holes in the market not met by existing planes, assessed future airline needs, considered alternative plane configurations, explored feasibility of possible technologies and performed preliminary estimation of costs. During the market assessment, analysts gathered information regarding future needs of airlines by speaking directly to
“There are five divisional units in which Boeing coordinate their products and services that they offer to their customers, which are Boeing Commercial Airplanes, Boeing Defense Space and Security, Boeing Military Aircraft, Boeing Global Services and Support and Boeing Capital Corporation.”(ASU C-3) The purpose of this report is to gather information of external and internal analysis of the Boeing Corporation and used it to see how Boeing fits in the aerospace industry environment.
This is a case about three different companies dedicated to the manufacturing of aircrafts. Those three major companies are: Boeing, Airbus Industry and McDonnell Douglas; each of one was struggling to produce enough aircraft to satisfy a seemingly unquenchable need for passenger and freight transport around the world, developed in this form many kinds of aircrafts in different models and styles.
The Boeing Company is the 800-pound gorilla of US aerospace. The world's largest aerospace company, Boeing is neck-and-neck with Airbus as the #1 maker of large commercial jets, and is the #3 defense contractor behind Lockheed Martin and Northrop Grumman. It has two major segments: Commercial Airplanes and Integrated Defense Systems. Boeing's commercial aircraft include the 7E7 Dreamliner (due in 2008), 767, 747, and the 737; military aircraft include the F/A-18 Hornet, the F-15 Eagle, the C-17 Globemaster III transport, and the AH-64D Apache helicopter. Boeing's space operations include communications satellites, Delta rockets, missiles, the International Space Station, and the Space Shuttle (with Lockheed).
The Boeing Company’s annual spendings on research and development activities in recent three years (i.e 2014, 2013 and 2012) are $3.0 billion, $3.1 billion and $3.3 billion respectively, which accounted for 3 to 4 percent of its total revenue.Thanks to its strong focus on R&D, Boeing has been able to further expands its product line to meet customers’ involving demands. High spendings on R&D activities also pave the way for leading-edge innovations and critical technological solutions.
Why is Boeing contemplating the launch of the 7E7 project? Is this a good time to do so?
Air travel has drastically changed the way of life for many individuals that depend on air travel to take care of business. One of the top leaders in the air travel industry, The Boeing Company realizes in order to stay competitive in their chosen industry, an effective strategic plan should be implemented. There are several approaches that can be utilized, such as focusing on the external and internal objectives that could beneficial. Boeing strives to be the best aerospace-based manufacture in the world.
The Boeing Corporation is second largest aerospace and defense contractor in the world and the largest exporter in the United States (Wikipedia, 2008). The management within this organization incorporates the four functions of management beginning with the planning function. Boeing is a large corporation that is well known all over the world that deals with many responsibilities. Legal, ethical, and social responsibilities are factors that have an impact on management planning. Boeing also deals with factors that influence the company’s strategic, tactical, operational, and contingency planning. The company has a proven record that management is able to deal with
to meet its customers’ needs worldwide. Boeing is diversified as it consults operations all over
This business level strategy allows Boeing to create distinctive competencies from its rival, Airbus and gain an edge over them. Boeing has been successful in maintaining this business model due to its high R&D which has led to some great innovations in aircraft manufacturing such as the production of Advanced Winglet, Digital Airline, Performance Based Navigation System to name a few. Boeing has also prioritized customer service in their corporate strategies and have implemented GoldCare IT Enterprise Suite as means of 24/7 customer service regarding operations along with AOG solutions as means of after sales service to the customers. As mentioned Boeing Dreamliner 787 has been created keeping in mind the customers’ psychological desires in mind which sets Boeing apart. Boeing has been very successful over the years to create their competitive advantage and maintain its superior performance and they continue to do
The company continues to develop its product line and services to meet the ever-changing needs in a fast-paced global environment. Boeing seeks to create new, industry leading jets for its commercial airplane family while designing, building and integrating military platforms and defense systems and positioning state-of-the-art financing and service options for its customers.
Boeing is an aircraft manufacturer, jetliner and military special aircraft, and it is also considered to be the world 's leading aircraft company .The company is not solely exist in the industry , butter yet it is surrounded with other challengers who 's aiming for the same goals as Boeing, to sell aircraft. For example, Airbus;Rockwell Thiokol, Bombardier and many others. Boeing is world 's leading aircraft manufacturer Since 1970s, Boeing was focus on manufacturing aircraft than commercial aircraft, as well as many other operational great inventions , such the defenses and space security
Considering planning is the first of the four functions of management, one can appreciate the importance and impact it has on the other functions. Production cannot begin and staff cannot be mobilized unless the planning phase has been completed. Factors however, do exist which affect the planning phase and if not considered can set the organization on a detrimental course. This paper will examine to what degree different management planning functions impact the Tyco Corporation as well as factors that influence the planning phase.
Planning is one of the most critical functions of management an organization can use to accomplish its mission. Halliburton was founded in 1919 and is one of the largest providers of products and services to the energy industry, with a workforce of almost 50,000 people in over 70 countries. Their home office is located in Houston, Texas and they have been leaders in the energy services and engineering and construction (E&C) industries for almost a century. This paper will evaluate the planning function of management, discuss the factors that influence management planning, and analyze several factors that affect different types of planning within Halliburton.