This paper takes a look, at Global Crossing a company using planning functions of management. Global Crossing a company filled for bankruptcy in 2002. Why did it happen was it the management in the organization or the ethics and corporate planning? Why was the company hurting financially? What influences did Global Crossing have with strategic, tactical, operational and contingency in the company? What were the three factors that influenced the Global Crossing with strategic, tactical, operational and contingency planning overall? Global Crossing is a telecommunication company that was founded by Gary Winnick he was an associate of Michael Milken in 1997. The company provides worldwide networking services. Some people believe the bankruptcy came about because of Gary Winnick, others believe it was because of the leadership team organization but overall it was greed.
Function of management
There are three functions in management organizing, leading and
controlling that take place in every company. Global Crossing falls under
differentiation because it is an organization which has many different team
members working on tasks using universal skills and work methods to get
the jobs compete for the company. Global Crossing has Board of Directors
running the company which is a management team. Global Crossing is a
fortune 500 company that delivers services to over 690 cites and six
continents around the world. Global crossing offers audio to video,
telephone and more. The Board of Directors is responsible to come up with
goals for the company to achieve to be successful for the management team
as well as for the associates.
Global Crossing has many factors for organizing structure, Human Resources to helps place an associate in the right position for the company. The leading factor for the Global Crossing would include motivating the employee with teamwork, leadership and communication. For a manager they need...