StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Management Planning Paper - Case Study Example

Cite this document
Summary
Planning is an essential function of the management of any business organization. It has been said that failing to plan is the same as planning to fail. In a large aerospace and defense corporation like Boeing, planning has always been an integral component of management…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
Management Planning Paper
Read Text Preview

Extract of sample "Management Planning Paper"

Download file to see previous pages

In order to highlight the planning function of the management, this paper will look at the company's future direction as stated in its 2007 Annual Report. Boeing clearly recognizes the importance of the leadership of its workforce in the success of the business organization. CEO Jim Nerney states that "Without incremental improvements generated by thousands upon thousands of Boeing employees last year, we would not have met what was-to be sure-a very challenging business plan" (Annual Report 2007).

The mention of the company's business plan highlights the company's commitment in making decisions for the company in advance which they implement through the members of its team. The launch of Boeing 787 Dreamliner has been precendented by careful planning of the structure, components, and how it will be marketed in the market. With its phenomenal success in the market Boeing had taken steps by planning the release of new variants in the market. Recognizing that its operation is shaped by various factors in its business environment, Boeing strives to keep up its success and performance in the market by taking note of how stakeholders are affected.

With the rapid development in the market, legal, ethical and corporate social responsibility issues are taken care of as customers look beyond price and product quality as the bases in making a purchase. Studies show that customers are willing to pay a premium to purchase a product which is a produced by a business organization who gives back to the society they operate in (Kotler 2005). This is recognized by Boeing indicated by its passion and commitment in creating an image of a socially, ethically, and legally responsible entity.

In the future, Boeing's main plan is to strengthen its position in the industry by keeping abreast with technological advancement. In its Annual Report, it states: "Our greatest contribution will come through pioneering new technologies with improved environmental performance" (Annual Report 2007). The company's commitment of operating profitably is now coupled with its aim of being an ethical organization by being concerned of how its processes and aircrafts affect the environment.Boeing identifies itself as socially responsible business organization by funding programs and activities which improves the plight of the society where it operates in.

This commitment of becoming socially responsible is highlighted in the management planning. According to its 2007 Philanthropy report, "our communities are included among our company's key stakeholders in the management model that guides how we do business around the world." This statement supports that the company's plans are being aligned at how it helps to address pressing and compelling social issues. Thus, Boeing actively seeks to help communities in five core areas namely, education, environment, health and human services, arts and culture, and civics.

Analyze at least three factors that influence the company's strategic, tactical, operational, and contingency planning. Operating in a capital intensive business environment, technological change becomes one of the most

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management Planning Paper Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Management Planning Paper Case Study Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/miscellaneous/1499502-management-planning-paper
(Management Planning Paper Case Study Example | Topics and Well Written Essays - 1000 Words)
Management Planning Paper Case Study Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/miscellaneous/1499502-management-planning-paper.
“Management Planning Paper Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1499502-management-planning-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management Planning Paper

Job Fair Brochure and Paper

Job Fair Brochure and paper Business model: Sumptuous Cuicine Catering was established in 2005 with the aim of providing quality catering and event planing services in the locality of Doeuvreille.... Innovation – Management's perspective & the firm's goals: Sumptuous Cuisine Catering is planning to open a Sumptuous Ballroom, to enable the company attain its future goals of becoming a “true one-stop shop” for all-inclusive events by creative competitive edge....
3 Pages (750 words) Research Paper

Business Continuity Planning

BUSINESS CONTINUITY PLANNING Name Here Name of Institution City, State Date Proposal Research topic: Business continuity planning Content of the research paper: Jones (2011) argue that business continuity planning play an essential role of reducing the consequences of significant disruption that an organization can face.... This paper will explore how business can develop a business continuity plan to certify that they are prepared to face disruptive events that natural or manmade factors can trigger within the business environment....
4 Pages (1000 words) Research Paper

The Value of Business Planning in the Context of the 21st Century

The Value of Business planning in the Context of the 21st Century Name Institution The Value of Business planning in the Context of the 21st Century Oakes, L.... Business planning as Pedagogy: Language and Control in a Changing Institutional Field.... The planning is the core element of business because management sciences are primarily defined as a set of planned human behavior and therefore, planning is the basic ingredient of management by definition....
4 Pages (1000 words) Research Paper

Use of Enterprise Resource Planning Systems

The paper "Use of Enterprise Resource Planning Systems" introduces information systems and then discusses enterprise resource planning and its usefulness to organizations.... This paper will investigate how enterprise resource planning systems can be used to manage and plan the corporate resources.... This paper will also outline how this technology supports that business area and the benefits they bring both to that business area and the organization as a whole....
9 Pages (2250 words) Research Paper

Enterprise Resource Planning System

The author of the paper "Enterprise Resource Planning System" casts light on the above-mentioned system.... hellip; The use and implementations of the information technology tools and techniques such as information systems and enterprise resource planning systems have become as common as telephones, fax machines, and business cards in business management.... On the other hand, an enterprise resource planning (ERP) system is an entirely integrated information system that includes most fundamental tasks essential for a large size corporation....
9 Pages (2250 words) Research Paper

Information management

The following paper deals with the phenomenon of information management.... … The author of the paper casts light upon the significance of information.... Failing to plan well is planning to fail.... Details such as resources, technical solution, and management models are required for proper planning.... Proper planning of the IT/IM project prevents poor performance by ensuring that the project delivers the desired results....
5 Pages (1250 words) Term Paper

Succession Planning of Associazione Calcio Milan

The paper presents a discussion about the successes and failures and the role of major sports soccer teams in succession planning.... This will… The paper concludes with an evaluation of the effectiveness of succession planning methods and a conclusion of their impact to soccer team Associazione Calcio Milan is popular as A.... Mission: “To maintain the balance of management and of accounts both to support sporting excellence and the activities associated with the expectations of our clients and our stakeholders....
9 Pages (2250 words) Research Paper

Energy Planning

On the other hand, companies such as gas producers or electric utilities equally have a fundamental role in As the paper will demonstrate, any energy program must adopt a clear guideline that has key energy plans, assessment of main goals in regards to energy planning, and explaining the effectiveness of the identified energy plan.... Second, involves fixing the basics found in the energy sector such as addressing issues affecting industrial management.... Automation entails the installation of an active energy management program that influences energy efficiencies....
4 Pages (1000 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us