Management Planning - the Boeing Company Essay

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Boeing is known for its commercial airplanes as well as aerospace craft and military defense aircraft. Technology has and will continue to be a major aspect in Boeing management planning. Management planning is affected by legal issues, ethics, and corporate social responsibility. Three factors that influence the company's strategic, tactical, operational and contingency planning are economic conditions, innovation, and competition. First, management will analyze the situation. Management needs to examine past events, look at the current situation, and try to "forecast future trends" (Bateman & Snell, 2009). In a situational analysis, Boeing management will also consider the competitive market. Next, management will set goals and create alternative plans that will aide in the achievement of goals. A specific goal Boeing has is to become the "world's largest civil aircraft maker once again" (Singapore Press Holdings Ltd., 2010). Management will seek to set goals that are relevant to Boeing's mission of being the dominant aircraft producer. Plans might include innovative ideas and designs that enable workers to offer products that fit into ever-changing technological and economical aspects. A standing plan management will likely have is to make safety a main priority in aircraft design. Management will evaluate goals that have been set. Evaluation helps to determine possible effects, disadvantages, and advantages of each goal (Bateman & Snell, 2009). If one goal has been to focus on the production of commercial aircraft and suddenly hard economic times fall on societies all over the world, people may not readily have the resources to travel as much as they used to. Management may need to cut production in commercial aircraft and focus instead on production of another craft that is more in demand. After evaluating, management will select plans that are most

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