Halliburton

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Halliburton
Duncan, Oklahoma, in1919 a man by the name of Erle P. Halliburton had borrowed a wagon, some mules, and a pump. Building a mixing box out of wood Erle started an oil well cementing business. Halliburton became one of the biggest suppliers of products and services to the energy industry. The company employs more than 70,000 people and is in at least 80 countries. Halliburton attends the upstream oil and gas industry throughout a lifecycle of the reservoir. Halliburton has two divisions. The first is the Drilling and Evaluation, and the second is the Completion of Production; As of December 31, 2011 between these two divisions accounted for roughly 25.0 billion dollars in Revenue: 58% was in North America and the other 42% was International.
In looking at the planning function of management, acquiring experience as a global organization Halliburton adjusts their many departments to the economic area that they are in. Halliburton has an office for each location that they are in.
Houston, Texas, was the home of Halliburton’s main office, until they relocated their headquarters to Dubai, a Middle Eastern country. Halliburton every year holds annual planning proceedings for correcting Service Quality and HSE. PII (Performance Improvement Initiative) became about n 1997 and aids to safeguard administrative position, “The PII includes a review of past performance, and assessment of currently available tools, and the development of objectives and strategies for continuous global improvement” (Halliburton, Introduction). Risk identification, risk control, and contingency plans are incorporated into the Halliburton’s planning function of management.
Halliburton’s function of planning integrates the organization’s vision and mission into policy that is directed towards the customer’s needs and wants. Halliburton had permitted the organization to multiply and…...

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