Halliburton is one of the chief oilfield service businesses in the world. The organization primarily serves the upstream oil and gas industry with an all-inclusive range of services, from the place of hydrocarbons to the construction of oil and gas. Services offered by the organization include furnishing production optimization fluid services, oilfield drilling software, drilling valuation, and therapy. The business combines tried-and-true well drilling and optimization proficiencies with high-tech investigation and modelling software and services (About Us, 2010).
From the time of its inception, it works in conventional oilfields from the North Sea to the Middle East in addition to more novel sites in Southeast Asia and Africa. The business has made numerous efforts in different directions for managing their position in the industry and divestment of its KBR military and engineering contracts division is part of its efforts. The Halliburton took KBR public in 2006 by extending a 20% stake in an IPO and afterwards divested the rest, cutting all connects with the company in 2007.
It rationalized its management along with number of other efforts of the organization. Because of all of these efforts, in 2006, the business was awarded with a multimillion-dollar contract by Saudi Aramco as component of the Khurais oilfield development project, the greatest in the region since the 1950s.
Traditionally planning becomes considered as one of the four main functions of management, along with organizing, controlling, and leading. Planning pertains to the identification of where one want to go, why he or she wants to go there, how he or she will arrive there, what he or she requires to arrive there and how he or she will experience if he...
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...tion’s processes, when it moves internationally. The organization’s planning is done according to the governmental rules and regulations of a particular country it is planning to extend and operate.
With the consideration of the entire above discussed factor, the organization can successfully enable its operations.
Works Cited
About Us. (2010). Retrieved from: http://www.halliburton.com/AboutUs/default.aspx?navid=907&pageid=2560
Ethics at Halliburton & KBR. (2010). Retrieved from: http://www.ethicsinbusiness.net/case-studies/halliburton-kbr/
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Nowadays, oil and gas industry plays a major role to driving the business in both local and global level. It provides energy and essential chemical for industry, homes and transport which is increasingly consumed by user every day. There are around fifty oil and gas companies located in Thailand and ten out of fifty are ABC Company’s customer. The ABC Company is one of the leading trading, stockist, sole distributor and engineering company who supply industrial process equipment of piping materials for instance pipeline, flanges and fitting. The company was established in May, 1998 with 100% Thai shareholder. The company caters the materials and supply to oil and gas industry in order to construct and maintenance for transmission pipeline project and shutdown plants.
The first function of management is planning. Planning is a process that managers use to identify and involve goal setting and decide the best way to achieve the goal.(Bartol 2007) Planning connect the gap between where we do, where we intend to go. It predict the possible things to happen which would not otherwise happen (MSG 2012). There are several steps to the planning process, which are determine the goals of the organisation, evaluate the current position, consider possible future conditions, identify possible alternative actions and choose the best. Planning is the criteria thinking through goals and making decision to achieve the goal of the organisation’s objective, which requires a systematic way. Also objectives focus the managers how to achieve the final result as managers have to predict anything will happen, avoid the problem and fight back to competitors. An example of planning, which is the President Canon Inc Tsuneji Uchida and lead Canon Company become the no.1 in the global business (Canon.Inc 2011). Tsuneji Uchida has to understand what is the company objective and goal. First, make decision to protect the position and the aim of canon, improve the operation more diversity. Second, he creates the new design of camera and new technology, he plan to do these things to maximise profit.
If we talk about their upstream Their Upstream business segment encompasses the Exploration & Production business and the Gas & Power Division. The Group has exploration and production activities in more than fifty countries and produces oil or gas in approximately thirty countries.
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In one of their project a project which is known as pearl village project at that project they have almost 52000 employees in that location and all employees at that place are gathered from different places of the world. The project pearl village was a kind of a huge grid station and it is the believe of Shell that to succeed in any project with remarkable results management of the company should take care of their workers and employees first and they do follow this while offering such job opportunities for their workers in such plants and their offices as