Management Planning Paper Research Example | Topics and Well Written Essays - 1000 words

Management Planning - Research Paper Example Selected Organization The organization whose planning function we are going to evaluate is Halliburton. Halliburton is a provider of different products and services to the energy sector of different countries. Some of the main activities of this company include managing geological data, locating hydrocarbons, construction of the wells, drilling, and managing lifecycle of the reservoirs. Planning For the managers at Halliburton, planning holds great importance in all processes of management. At Halliburton, planning means to recognize organizational goals and to develop proper strategies to meet those goals. Planning not only includes setting goals for the future but also includes development of tactics and strategies to meet those goals. Managers at Halliburton firmly believe that they cannot achieve desired goals without planning. For proper planning, managers consider many factors, such as, availability of resources, assessment of organizational environment, future trends of the oil and gas industry, assessment of industrial demands, and proper use of capital. At Halliburton, there are many kinds of planning which managers do for the success of the organization. Some of those types of planning include marketing planning, construction planning, production planning, event planning, and project planning. Marketing planning means to develop suitable strategies for the marketing of the company’s products and services.... For construction planning, managers consider different aspects of a project to develop a plan for that project. Some of the major aspects, which managers consider, include site of the project, needs of the client firm, geological survey, and feasibility of the project. Production managers also do proper planning to enhance production services, such as, pipeline process services, well intervention services, and oil and gas production services. For project planning, managers consider nature of the project, availability of the resources required to complete the project, due date of the project, and effective use of human resource and technology to meet the targets. Tatum (2011) states, â€Å"Like any type of business planning, project planning is about gaining the most benefit while making the wisest use of available resources†. Influence of Legal Issues, Ethics, and CSR on Planning There are many factors, which put a deep impact on the planning function of an organization. In ca se of Halliburton, some of the main factors, which influence the planning function of Halliburton, include legal issues, ethics, and corporate social responsibility. Let us discuss the impact of each of these three factors on the planning function of management at Halliburton. Legal Issues Legal issues are those issues, which revolve around a business’s policies, planning, and structure. â€Å"Business managers and owners must at all times be prepared to spend some time around legal issues that may arise† (Beck, 2011). Analyzing legal issues related to different business processes and policies is very critical for a company’s success. Managers at Halliburton focus towards all sorts of legal issues while doing any kind of business planning in order to ensure effective planning

My views about Human Resource Development Essay Example | Topics and Well Written Essays - 500 words

My views about Human Resource Development - Essay Example Competency development and employee retention have become the key areas of concern for HR professionals. They serve as mentors, coaches, succession planners and counselors in order to inculcate motivation in organizational personnel to display best performance. As the organizational challenges have increased, the time has arrived for the HR professionals to be acquainted with complete understanding of the organization in the broader spectrum. The HR must have representation in the organizational decision making as well as policy making. It is the responsibility of an HR professional to make due effort for promotion of ethics and morality in the organizational culture. In the present age, organizational personnel are becoming more and more diverse in terms of race, gender, age and ethnicity. Most importantly, the HR professionals should play an important role in managing diversity in the workplace. This involves resolving interpersonal conflicts and allocating right responsibilities t o the right individual at the right time. Multiculturalism is an essential feature of organizations in the present age. An organization has to have diversity of talent in order to come up with innovative ideas that are the biggest need of the hour.