Running head: MANAGEMENT PLANNING PAPER - BOEING
Management Planning Paper - Boeing
Angela Thompson
University of Phoenix
Management: Theory, Practice, and Application
MGT 330
Gregg Swierczek
November 15, 2008
Management Planning Paper - Boeing
This paper will discuss management business planning at Boeing. Boeing is an aerospace company, a prominent manufacturer of commercial jetliners and military aircraft. Boeing also designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communications systems. The Boeing Company’s business is conducted by its employees, managers and corporate officers led by the chief executive officer, with oversight from the Board of Directors. The Board’s Governance, Organization and Nominating Committee periodically review the Company’s corporate governance principles and current practices. (Boeing, 2008) Business planning at Boeing is influenced by internal and external factors that involve legal issues, ethics and corporate social responsibility. Factors such as economic conditions, laws and competition influence the company’s strategic, tactical, operational, and contingency planning. Boeing has remained successful due to their strong ethics and planning abilities. (Innovative Thinker,2008)
Legal Issues
The planning process of the company may be complicated by legal issues, which can put the company in an awkward position. In June of 2006, Boeing was in court over a legal issue involving an investigation over the improper acquisition of proprietary documents from a rival, the Lockheed Martin Corporation, which Boeing employees used to try to gain government rocket launching business. The settlement also covered a second government investigation into Boeing's hiring of a former Air Force official who had overseen Boeing contracts while at the Pentagon. (Leslie, 2006) In the end, Boeing’s financial chief was sentenced to...