Boeing: Management Planning Function

Essay by tomekUniversity, Bachelor'sA, July 2007

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Boeing is a company famous for their exceptionally popular 7-series commercial airplanes. Not only do they produce these large planes but they also design Integrated Defense Systems, missiles, satellites, launch vehicles, and a variety of communication systems. Having different departments that create very different products leaves the company vulnerable to failure by deadlines as well as unmotivated workers. All levels of management have their own separate duties and tasks to follow through with as well as motivate their employees to produce more efficiently to meet their set deadline. Even though they have such a heavy workload to complete daily they are able to do this through planning. The planning function of management is very important because if there is no plan there is no way to reach the desired goal in the desired time frame.

Being a company of such diversity in its products they must meet deadlines and final product dates.

Boeing has specific and precise objectives such as the new Boeing 787 Dreamliner, their newest commercial airplane. Having this large object in front of them they must measure the financial aspects to see if the project at hand is worth production to gain profit. Not only in the financial field but they must gather valuable information whether the product is achievable and not out of their reach to produce. A very important question they must ask themselves is if they have the resources, such as material, man power, and equipment to achieve the deadline. Lastly they must set a reasonable time frame to work in be fore the product must be complete.

Following those steps the company will start with the six steps of planning. Situational analysis where they will find all factors that will affect their goal. Next they will create an alternative goal as well...