...Management Planning Paper Name MGT/330 Date Professor Without a good management planning team, a company can and will fail at being successful. Planning is a very important part of any company, but the Boeing Corporation makes planning a focus of everyday operation. The Boeing Corporation is an aerospace company that produces satellites, commercial and military aircrafts, weapons, launch systems, weapons, advanced information and communication systems and also performance-based logistics and training. The Boeing Corporation has so many divisions in the company that it is divided into two business units. One of the most interesting aspects of the company is that is a major service provider to NASA. The Boeing Corporation operates and Space Shuttle and International Space Station. The company has key programs for space exploration in more than one location. The locations include, but not limited to Alabama, California, Florida, and Houston. The Boeing Corporation employs nearly one hundred and sixty thousand employees both in the United States and overseas. Because the Boeing Corporation is so huge, there is need to produce new innovating ideas in order to head off the competition. This organization is faced with challenges daily on what and how to produce the products that will fit the needs of the consumer. The Boeing 787 Dreamliner is the perfect example of the future product in which the company is currently building. “The Boeing 787 Dreamliner is said to be the world’s...
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...Management Planning Paper Eugene R. Vazquez MGT/230 May 30th, 2013 Prof. Gabriel Medina, MBA Management Planning Paper Boeing Corporation as my example Table of contents Introduction -------------------------------------------------------------------------------------------------1 Evaluate Planning Function of Management------------------------------------------------------------2 Analyze Influence on Management Planning -----------------------------------------------------------3 Analyze Factors that Influence the Boeing Corporation Planning------------------------------------4 References----------------------------------------------------------------------------------------------------5 INTRODUCTION I will evaluate the planning function of management by using the Boeing Corporation as an example in my paper. I will analyze the influence that legal issues, ethics and corporate social responsibility has had on management planning at the Boeing Corporation. I will also analyze the factors that influence the strategic, tactical, operational and contingency planning at the Boeing Corporation. PLANNING FUNCTION The planning function is a process which begins with a situation analysis of external and internal forces affecting the corporation. This situation analysis identifies the problem and diagnose the solution which will bring alternative solutions for the corporation. The next step...
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...Management Planning at Boeing Brian Newton MGT/330 December 1st, 2014 Steven Friloux Management Planning at Boeing To be successful in today’s competitive business world, organization and strong leadership is key. At The Boeing Company, this is no different. As one of the largest corporations in the world, they strive to set goals and plan a future around reaching those goals in a way that they can be the most prosperous. In the complex business economy of today, there are always influences that affect the way leadership paves the way. Issues regarding legality, ethics, and responsibility that follow being a major corporation are just a few. These play a major role in strategic, tactical, operational, as well as contingency planning. The Boeing Company and its leadership continually reach toward improving the organization, and the daily planning is inspired by numerous factors that shape who they are. Planning Functions Having an organized plan can be important to success and growth of a company, and Boeing follows the basic template of the planning process. It begins with the initial goal to be set, followed by an evaluation of the situation to determine what resources will be needed. This analysis is drawn from different areas such as past and current work conditions and how they can improve. A derivative plan is also brought to the table before finalizing the final decision. And lastly is...
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...Management Planning Paper Samuel K. Mims MGT 330 Roxanne Bates July 26th, 2011 Management planning is the most important function of management because it is the foundation for the organization. The planning function of management is the management function of systematically making decisions about the goals and activities than an individual, a group, a work unit, or the overall organization will pursue. Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. Planning activities for the company include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies and determining the resources needed to achieve the organization’s goals (Bateman & Snell, 2008). When it comes to a huge corporation such as Boeing, the planning function becomes even more important because there are so many different divisions within the corporation that must be accounted for. In Boeing’s case, they are a multinational corporation that provides their services all throughout the world so they have to plan on a worldwide scale which is a much more difficult task than planning as a domestic company. Boeing’s planning functions are well thought out and executed to the fullest of their ability as they are very focused on their stakeholders needs, motivating their workforce, enabling teams, requiring alignment...
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...Management Planning Paper Introduction This paper will discuss management planning at Boeing. The planning function is critical for a company as enormous as Boeing. Boeing is one of the world’s largest aerospace companies producing jetliners, defense, and space and security systems. The company is a premier exporter that offers its products to airlines, U.S. and allied governments in over 90 countries across the globe. Their product and customized services “include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.” (Boeing Brief, Boeing.com). Planning Functions of Management Management planning involves the conscious and systematic process of making decisions about goals and activities individuals and work units will follow to provide value to the shareholders. The planning process involves a six-step process. The first step is to conduct a situational analysis that examines past events, current conditions, and attempts to forecast future needs. The second step is to establish alternative goals and plans. The process should generate alternative goals and alternative plans that can be followed in the future to achieve those goals. Goals are the target for each manager to strive for, need to be specific, measurable, attainable, relevant, and time-bound. Plans are the actions the manager will take to achieve goals. Plans...
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...Management Planning At Boeing The Boeing Corporation is the world largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. Boeing is organize into two business units; Boeing Commercial Airlines and Boeing Defense, Space & Security. They are supported by Boeing Capital Corporation, a global provider of financial solutions, the Shared Service Group, which provides a broad range of services to Boeing Worldwide, and Boeing Engineering, Operations & Technology, which helps develop, acquire, apply and protect innovative technologies and processes. Boeing employs more than 170,000 employees in 50 states and 70 countries worldwide. Planning function of management is deciding in advance what to do and how to do it. It is one of the basic managerial functions, closely related to creativity and innovation. It involves setting objectives and developing appropriate courses of actions to achieve those objectives. At Boeing the planning function includes business development, engineering, operations, legal departments, internal governance and public relations environmental management. Boeings ability to incorporate simple and effective management actions for planning, acting, analyzing and emphasizing on methods that produce positive results in all its major departments is a huge task. Management planning at Boeing is a five step process. Step one is defining objectives or goals which result in production of high innovative...
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...Boeing and its Management Planning Christopher Bayles MGT/330 October 2, 2011 Bill Escue Boeing is one of the biggest aviation companies in the world with relations to a number of different countries. They produce products for commercial and government use as well as have contracts with National Aeronautics and Space Administration (NASA). Management planning is one of the primary key focuses to Boeing because of the size of its massive corporation. They create some of the top high-end equipment for medical, commercial, and government use. The primary workings of the company includes goods that aid in the carrying of cargo, people, and other equipment used by the government. The Federal Aviation Administration (FAA) oversees the operation of aircrafts for safety concerns. Because of the safety concerns, Boeing conducts very extensive planning to operate a well-organized and successful business. Planning includes precautionary needs for the future, figuring out the departments’ objectives, activities that could be of some concern to a company, and a company's techniques they will need to accomplish a successful result (Boeing, 2010). During plans making Boeing has to consider the unpredicted problems so that there can be no possible mishaps that could happen. By setting obtainable goals in marketing, sales, mechanical markets and engineering, and updating and training employees to be more effective will ensure that the products exceed high expectations and...
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...Management Planning Paper MGT/330 November 15, 2010 Management Planning Paper The planning functions of management are very important in the business word and there are certain factors that can affect these functions. Factors that can affect the planning functions are Economic, Political, Social, Cultural, Competition, Legal Issues, Ethics, and technology. Strategic, Tactical, Operational and contingency planning are the planning functions of management. This paper will focus on the planning functions of management and how certain factors affect Boeing’s management planning. The first function of planning is strategic. According to Bateman and Snell (2009) “Strategic planning involves making decisions about the organization’s long-term goals and strategies” (Bateman & Snell, p 137). Tactical planning breaks down broad, long-term goals into specific goals and plans to a specific division of the company. Tactical planning concentrates on major actions that a unity in a company must take to accomplish part of the strategic plan. The time frame for tactical goals is usually up to three years. Operational planning takes place at a lower level part of the company and it occurs when specific procedures and processes are acknowledged. Last the contingency planning is an alternative plan that will be used when the original plan fails because of external environment obstacles (Bateman & Snell, 2009). Boeing is a company that manufactures commercial...
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...Management Planning at Boeing In this paper the planning function of management for the Boeing Company will be evaluated. In addition, this paper will discuss the influence that legal issues, ethics, and corporate social responsibility have had on management planning at Boeing. The few of many factors that influence the company's strategic, tactical, operational and contingency planning are profitability, innovation, and competition. W. James (Jim) McNerney, Jr., is chairperson of the board, president and chief executive officer of The Boeing Company. McNerney oversees the strategic direction of the Chicago-based, $68.3 billion aerospace company. With more than 157,000 employees across the United States and in 70 countries, Boeing is the world's largest aerospace company and a top U.S. exporter (Boeing, 2010). The Boeing Company's business is run by its employees, managers and corporate officers led by the chief executive officer, with oversight from the board of directors. The Board of Directors of The Boeing Company (“Boeing” or the “Company”) has adopted the following corporate governance principles to assist the Board in the exercise of its responsibilities and, along with Boeing’s Certificate of Incorporation and By-Laws and charters of the committees of the Board, provide an effective framework for Boeing’s governance. The Board believes these Principles should be an evolving set of corporate governance guidelines, subject to review and modification by the...
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...Management Planning Paper University of Phoenix Management: Theory, Practice and Application Albert Lapierre Planning, an imperative part of any business environment, is a daily focus at Boeing Corporation. The organization faces daily challenges to produce products to fit the consumer wants for air travel, comfort, and efficiency. While Boeing deals with a constant need for innovative ideas it also deal with the challenges of its main competitor airbus whom has historically been subsidized by many of the European nations to compete with Boeing for a larger share of the market. Boeing management, through excellent planning, an ethics policy that demands large returns for shareholders, and constant work to comply with ever changing legal demands of the industry has led to the constant success of the company. "It was the jet Boeing didn't build that averted what could have become one of the worst crash landings in the company's 91-year history--and cleared Boeing to conquer the skies again."(Masters, 2007). Boeing's Management team's work hard to plan what project's will be best for customers, lead to the largest returns to shareholders, and keep a reputation of being a world leader in the aviation industry. "In October 2002, executives of the aircraft manufacturer met with a group of global airline representatives at a conference center on the Seattle...
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...The Organizing Function for Boeing Chiquita Daugherty MGT 330 Peter Grove July 07, 2011 The Organizing Function for Boeing Management and organizing planning is a necessary job for a corporation as enormous and confusing as Boeing Corporation. The corporations function by international points that supply manufactured goods to consumers threw out the world. The company creates elevated end to go on airplane for military organizations and commercial. The products manufactured are first and primary require to take carry cargo, customer, and achieve military operations. Referring to the most important supporting and inexpensive matters at hand in Boeing Company, estimates the business organize function of management as the company speak about knowledge, technology and human resources department. Boeing Company employment success pattern move toward while the company were departing during important business quantity augment in equally of the company major marketplaces money making military air automobile, and aircraft lining. Boeing’s seven and seven collections of aircraft lining grab a large contribute to the money making airline marketplace with healthy acknowledgement for models like seven three seven, seven four seven, seven five seven, seven six seven, and 777, and the development of seven eight seven. The company supervises regardless of strong competition from European association Airbus Industries and other American manufacturers similar to McDonnell...
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...Management Planning Paper Whitney Allen Axia College Management planning is an essential task for a company as massive and complicated as Boeing Corporation. The company operates on a global level and it’s provides products to customers around the world. They produce high end aircraft for both commercial and military organizations. The products manufactured are primarily needed to carry passengers, carry cargo, and perform military operations. Aircraft used for these purposes are strictly regulated due to safety and performance concerns. In the United States, Boeing aircraft are regulated by the Federal Aviation Administration, or FAA. With all these factors in mind, Boeing is required to conduct extensive planning in order to operate an efficient business. Management planning plays a large role in the success of the company and is used at all levels of the corporation’s structure. The planning function of management is the process of setting goal and objectives for an organization to achieve over a set period of time. A plan will include activities and tasks that need to be completed in order to reach the ultimate goal. Good plans will also take into account variables and unexpected occurrences. By planning for the unexpected an organization can avoid the chaos that is associated with unforeseen challenges or problems. In the case of Boeing, planning is vital within all of its major departments. The company remains efficient by setting goals within its engineering department...
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...Management Planning The organization that I chose to evaluate the planning functions of management is Boeing. In this paper I will try to analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning and analyze at least three factors that influence the company’s strategic, tactical, operational, and contingency planning. I will try to provide examples for each of the analyzed factors. The Boeing Company has been the leading manufacturer of commercial airplanes. For over forty years, Boeing can account for about seventy-five percent of the airplanes that are produced today. Boeing supplies products and supplies to over 150 countries. It is also one of the largest United States exporters in sales of products. Boeing has more than 169,000 employees across the United States and in about 65 countries. The Boeing Company has two major businesses; the first is the Boeing Commercial Airplanes and the second being the Boeing Defense, Space and Security. Along with the support of the rest of the departments such as the Boeing Capital Corporation, this department of Boeing deals with the all-around global financial solution; Shared Services Group, which is the catch all department; Boeing Engineering, Operations & Technology which deals with all the innovating technologies. There are many legal issues that influence the Boeing Company Management because they are such a big corporation. One of the biggest issues is that the planes...
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...Boeing Manages to Plan March 22, 2011 Boeing is the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Boeing has more than 158,000 employees in over 70 countries, including the United States (Boeing.com). This company is known for its innovation and seems to constantly make plans to stay ahead of the competition. A portion of their mission statement includes “we will strive for continuous quality improvement in all that we do, so that we will rank among the world’s premier industrial firms in customer, employee, and community satisfaction” (Boeing.com). It is clear that this company relies heavily on its management staff and planning teams. It is common knowledge that Boeing consists of two business systems which are Boeing Commercial Airplanes and Boeing Defense, Space, and Security. The corporate functions that guide Boeing are Business Development and Strategy, Communications, Engineering, Operations and Technology, Finance, Human Resources and Administration, and the Office of Internal Governance. Each department has its own set of goals and objectives to evaluate and implement with the company’s overall mission in mind. The Business Development and Strategy team is an extension of the management, marketing, and research teams, they provide information and advice on the business goals. Shepard Hill is the head of Boeing’s large Business Development and Strategy team. His role includes “analyzing...
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... MANAGEMENT: THEORY, PRACTICE AND APPLICATION MGT/330 29 December, 2009 – 1 February, 2010 ROBERT BLOOMFIELD Boeing’s Management Social responsibility is an individual or a group’s actions benefiting the society more than oneself or more than one group. Research and development is another avenue the airline companies have. Boeing benefits use of industrial research to provide a safe and effective service for their customers. The purpose of research and development, is to raise profits, it also allows an effective service for their customers. These factors became recognized in explaining Boeing success as one of the words top airline company. Which Boeing makes state of the art airlines. Business owners and managers are part of an private citizens, which they may assume responsibility for other problems in society, such as the CEO of Boeing has leadership for a national drive to raise money for medical research for leukemia to cure children. The distinction between the public responsibility of business and the responsibility of the individuals who own and work in businesses and are an important one. However, coming from a social responsibility, a member of the organization could reflect on the entire organization itself, even if it was done outside the company’s. Boeing has an extensive ethics policy that is developed to protect the corporation and its employees. All employees are required to obey all information in the Boeing Code...
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