Planning Function of Management - Halliburton Company

Essay by kpuccineUniversity, Bachelor'sB+, March 2007

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Planning is a crucial function of management that enables an organization to achieve its maximum potential. Halliburton is one of the largest corporations in the United States, with a workforce of over 100,000 people in over 120 countries. Their home office is located in Houston, Texas and they are one of the world's largest providers of products and services to the oil and gas industry. This paper will discuss the issues impacting and influencing management planning within Halliburton.

"Management is doing things right; leadership is doing the right things."Peter DruckerIt takes successful management at all levels and quality leadership to lead a business down the proverbial golden path. Planning is the primary management function, which formalizes an organization's goals and objectives and establishes a base for the other functions of management.

Halliburton Company is an oilfield services company and a provider of engineering and construction services that was founded in 1919.

The company has expanded through tremendous internal growth and several acquisitions and in March, 2002, Halliburton split into two main divisions: the Energy Services Group (ESG) and Kellog Brown and Root (KBR). "ESG offers a wide range of products and services to "upstream oil and gas customers worldwide, ranging from the manufacturing of drill bits and other downhole and completion tools and pressure pumping services" ( [APA citation error (incorrect-do not use Web addresses or URL's in citations). If the author is cited in text = Author's name (year) "direct quote" (p. #). If the author is not cited in text = "direct quote" (author, year, p. #).] . KBR is the engineering subsidiary for Halliburton and is a global leader in construction and project management. Additionally, KBR is a leading government services contractor, which has been the focal point of many legal and ethical issues.

Halliburton has received...