...Boeing Corporation Management Planning Boeing Corporation Management Planning Kelli Parnell MGT/330 Lisa McClain September 19, 2011 Introduction Management planning is an essential part of any organization, especially one as large and complex as Boeing Corporation. The company operates on an international level, providing products to consumers and clients worldwide. Boeing is known for producing high quality aircraft, for commercial and military use, as well as satellites and missiles. These products which are manufactured by Boeing are utilized primarily to carry passengers, cargo, and conduct military operations. Strict regulations are enforced for these aircrafts by the Federal Aviation Administration, or the FAA. Considering these factors, Boeing must conduct extensive management planning in order to operate a successful business, and is used at each level of the organization’s structure. The planning function of management is known as the process of setting objectives and goals for any corporation to achieve over a specific period of time. A successful plan will include tasks and activities that are required to be completed in order to reach these set goals. Effective planning will also incorporate variables, as well as unexpected occurrences. By preparing for the unexpected, a corporation will avoid ay chaos that can be associated with surprise problems or challenges. With...
Words: 1394 - Pages: 6
...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 of plans, analyzing performance, and endlessly improving their systems and processes (Howe, 2011). By focusing on customer service, Boeing continues to be very successful in business which allows them to continue to plan for the future. By setting goals within its many departments such as the engineering department, mechanical department, and sales department, Boeing continues to remain...
Words: 1386 - Pages: 6
...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...
Words: 1060 - Pages: 5
...In May of 1997 after Boeing announced their merger with the McDonnell Douglas Corporation, there was a manufacturing breakdown happening within the Boeing organization. Boeing began to have a shortage in parts, employee overtime reached an all time high, and warning signs of the company’s well being were starting to become evident. Boeing then formed a special team to study the crisis and reported “Our production system is broken.” Boeing made a decision that would change the company forever as they decided to change the numbers to show profits even though profits were significantly down. Boeing Chairman, Philip M. Condit, made a decision to keep this information away from the investors and out of the public eye until after the merger. This decision was made due to Mr. Condit did not wanting anything to stop the merger from taking place. One of the public relation managers at Boeing tried to announce that Boeing was experiencing problems on September 6th and then again on September 13th. These dates were chosen as the funerals for Princess Diana and Mother Teresa took place on these specific dates. This was done with the hope that the Boeing story would be over looked to a grieving public, but it did not happen. On October 22nd of 1997, Mr. Condit publicly announced the company’s massive production problems, and that they were being forced to write off 2.6 billion dollars, the largest in the company’s history. Overnight Boeing shares fell 8% wiping out almost 4.3 billion...
Words: 652 - Pages: 3
...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 jetliners, military aircraft, defense, electronic, launch, and communication systems. They are the biggest aerospace company in the world with customers in more than 90 countries. The corporate offices for Boeing are in Chicago and this company holds more than 159,000 employees. According to Boeing Company (2010) “The Boeing Vision is: People working together as a global enterprise for...
Words: 1528 - Pages: 7
...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...
Words: 1089 - Pages: 5
...Boeing Synopsis The Boeing Company is an American multinational aerospace and defense corporation founded in 1916. According to its website, Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Boeing also designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. Boeing is a major service provider to NASA and the prime contractor for the International Space Station as well. The Boeing Company is best known to the general public for its line of civilian aircraft, the most famous being the Boeing 747. Military sales of $27bn comprise more than half of company revenue, making Boeing the second largest defense manufacturer in the world. Military products include the C-17 Globemaster Transport, F-15 Fighter, AH-64 Apache Attack Helicopter, MH-47 Chinook Helicopter and the Hellfire Missile. The company is the main contractor for the Star Wars missile system. In 2013, Boeing reported total revenues of $81.7 billion dollars. The company operates in over 90 countries and claims the title of America's largest exporter. It has three divisions: commercial airplanes, Integrated Defense Systems (IDS), and Boeing Capital Corporation. Of the three divisions, the most prominent is the commercial airplane section. Boeing was originally founded in Seattle Washington but is now headquartered in Chicago Illinois...
Words: 315 - Pages: 2
...competitive market. the Boeing Company Business Model and Competitive Strategies the Boeing Company Business Model and Competitive Strategies Alexandra Accardi CS 782 IT Strategy and Management Alexandra Accardi CS 782 IT Strategy and Management Contents Introduction 2 Business Model 2 Boeing Commercial Airplanes (BCA) BCA is the division that deals with manufacturing commercial jetliners for more than 40 years. More than 10,000 Boeing planes are currently in service around the world which is 48% of the world fleet (boeing.com). There are a few different families in the commercial space: The 737, 747, 767, 777, and the 787 family. 2 Boeing Defense, Space & Security (BDS) 2 Boeing Capital Corporation (BCC) 2 Engineering, Operations & Technology (EO&T) \ 2 Shared Services Group (SSG) 3 Employee and Revenue Data 3 Market-Oriented Model 3 Financial-Oriented Model 4 Competitive Forces and Challenges 5 The Rivalry of Competitors 5 The Threat of New Entrants 5 The Bargaining Power of Buyers and Suppliers 6 Competitive Strategies 6 Business Model Evolution 6 Best IT-Supported Proposal 7 References 8 Introduction Boeing is a manufacturing company that produces products and services such as commercial and military aircraft, satellites, weapons, electronic defense systems, advanced information and communication systems, and performance-based logistics and training. According to the company’s website (boeing.com) “Boeing is the world’s largest...
Words: 2295 - Pages: 10
...and Application 19 October 2009 The Aerospace Corporation known as Boeing has a tarnished reputation because of continued charges of unethical conduct, and fraudulent claims during “Go Green” commercials. However, this corporation is starting to resemble a phoenix rising from the ashes under the leadership of the new CEO Harry Stonecipher. Boeings corporate social responsibility and ethics have historically varied from good to bad to now worse, with the resignation of Philip M. Condit. Mr. Condit; as Boeing CEO was charged with unethically recruiting employees from the defense sector, while they were still employed with the federal government. He allegedly used there contacts inside the state department to win multi-billion dollar contracts, she is also charged with inflating the price of said defense contracts. Darleen Druyun pleaded guilty to boosting the price of the defense contract to gain favor for her future employer. 2004, Ms. Druyun was awarded nine months of jail time for her part in the scandal. On top of jail time she was fined $5,000, and sentenced to three years of supervised release. In 2003 Lockheed Martin sued Boeing; charging them with industrial espionage stating the company had stolen proprietary information to win another defense contract. The Boeing Company was fined by the U. S. Air Force, for conducting industrial espionage. Misleading “green’ commercials have also contributed to Boeings unethical, and lack there of corporate social responsibility...
Words: 1904 - Pages: 8
...Phoenix Introduction Boeing is a multibillion dollar company spanning the globe. Headquartered in Chicago, Boeing employs more than 158,000 people across the United States and in 70 countries. This represents one of the most diverse, talented and innovative workforces anywhere. More than 90,000 of our people hold college degrees--including nearly 29,000 advanced degrees--in virtually every business and technical field from approximately 2,700 colleges and universities worldwide. Our enterprise also leverages the talents of hundreds of thousands more skilled people working for Boeing suppliers worldwide (Boeing, 2009). Boeing is one of the largest aerospace companies on the planet with over 63 billion in sales over the last 12 months (Boeing, 2009). Boeing has four major branches that constitute the company. The four main branches of Boeing are Boeing Commercial Airplanes Group, Integrated Defense Systems, Boeing Capital Corporation, and Shared Services Group (Boeing, 2009). Boeing, like other major corporations, has its fair share of problems to deal with to be successful. Issues to deal with Boeing’s board of directors and the executive managers have a commitment to the employees and customers to succeed. Boeing is a publicly owned and traded company. Stakeholders buy and sell company stock on a daily basis. In turn, stakeholders have a serious interest in the business of Boeing. A happy stakeholder keeps purchasing stock, which provides Boeing with capital, liquid cash...
Words: 1058 - Pages: 5
...Boeing is one of the leaders of the aerospace industry. Boeing makes a wide assortment of aircraft which includes military crafts, commercial aircraft and even weapons such as missiles. Boing also designs and manufactures electronic and communication systems. Boeing is major service provider for NASA and operates the Space Shuttle and International space station. Boeing is successful and owes a large portion of that success to its ability to plan around complicated issues such as legal and ethical standards. Boeing has to comply with legal requirements that make planning a challenge at times. Boeing must handle internal and external affairs which can either shine a negative light on the company or a positive one. An example of this is a lawsuit that was filed in 2000 that claimed pay differential between the two genders at Boeing. Though there was evidence that supported the claim of pay differential, Boeings lawyers were able to protect the company from public scrutiny. The case was settled out of court. Boeing is well known for its dedication to social responsibility. Boeing has been philanthropic and will likely continue to be. The company is a member of the Foundation for Corporate and Social Responsibility. Some examples of its efforts in the community are the refurbishing of the Chicago Air and Water show and the Royal Aeronautical Society in London. Economic conditions have a direct impact on Boeing and its planning. With the economy at a down swing and airlines...
Words: 567 - Pages: 3
...Introduction Founded by William Boeing in Seattle, Washington, United States on July 15, 1916. Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defence, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defence systems, launch systems, advanced information and communication systems, and performance-based logistics and training. Boeing employs more than 165,000 people across the United States and in more than 65 countries. What Boeing Does Today • Design, assemble and support commercial jetliners – Boeing 7-series family of airplanes leads the industry – Commercial Aviation Services offers broad range of services to passenger and freight carriers • Design, assemble and support defence systems – World’s largest designer and manufacturer of military transport, tankers, fighters and rotorcraft – Global Services & Support provides services to government customers worldwide • Design and assemble satellites and launch vehicles – World’s largest provider of commercial and military satellites; major service provider to NASA and prime contractor for the International Space Station • Integrate and support large-scale systems, develop networking technology and network-centric solutions • Provide financing solutions focused...
Words: 1794 - Pages: 8
...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...
Words: 1148 - Pages: 5
...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...
Words: 1083 - Pages: 5
...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...
Words: 1199 - Pages: 5
