Assignment: Management Planning Paper
Management Theory Practice and Application
With any company, organization, or corporation the first phase of any management is planning. This phase is very important to any company because many different planning functions and each planning function create a standard for each of its employees to follow. This paper will discuss the planning functions of management while looking at the Boeing Company. While looking at the different planning functions, this paper will also discuss and identify legal, ethical, and social responsibilities that impact Boeing. It will also show some factors that influence Boeings strategic, tactical, operational, and contingency planning. Boeing can be considered the perfect example company to show the many levels of management.
"Boeing is the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufacturers rotorcraft, electronic and defense system, missiles, satellites, launch vehicles and advance information and communication systems" (Boeing 2007 par.1). Boeing is the world’s leading aerospace company because Boeing has one of the best planning strategies around. Because Boeing is one of the largest companies they fully apply all four functions of management, especially the first stage of planning when they set up their strategy to market their products. The Boeing Company has been very careful to make the most of good planning and decision making to reach their full potential and continue to grow bigger than they already are.
Ethical, Legal, & Social Responsibility
One ethical issue that has impacted the Boeing Company in recent years is public safety versus company goals. The reason this has had such a huge impact on Boeings Company is because the company has to take into consideration the public’s opinion and environmental issues. With the company being in the public eye at all times the planners must determine where, when, and how the product will be used before they begin building, testing, and using the new technologies. Since Boeing has become such a large company it has had to continuously evaluating the way it does things to make sure that they are doing the right thing.
Boeing also has a legal responsibility to the military, government, and commercial markets to provide the newest technology available and get the approval from the United States government before they produce any military technologies for the foreign government/powers. When Boeing deals with the military they are required and mandated to keep some equipment specifications classified so that they do not fall into the wrong hands. If this security is breached Boeing would be held responsible and this could be detrimental to our homeland security and military. Boeing also has a social responsibility to provide jobs to their employees and community. “Boeing rightly insists that they cannot...