HALLIBURTON MANAGEMENT PLANNING

Halliburton Management Planning

Halliburton Management Planning

Halliburton was established in 1919 and today they remain one of the largest suppliers to the energy industry worldwide. Halliburton is now more than 70 countries with about 50.000 people (Halliburton, 2007). Halliburton has received a great deal of negative publicity over the past year or so regarding it Iraq and Kuwait operations. The Pentagon and Justice Department have both launched criminal investigations due to erroneous contract cost estimates totaling $2.7 billion to serve American troops in the middle east. Accusations have been made of overcharging for meals supplied to troops in Iraq, as well as employees accepting kickbacks from a Kuwaiti subcontractor. Pentagon auditors found that KBR overcharged the U.S. government by $27.4 million during a period of nine months in 2003. In this talk I will discuss how legal and ethical issues and social responsibility Halliburton influenced the planning function of management. I will also touch briefly on three factors, strategic, tactical, operational and planning influenced by touch.

Problems faced by Halliburton

In the past few years, as Halliburton at the receiving end of negative publicity, most of the company's business in Iraq, the U.S. Justice Department and Pentagon criminal investigation into the misconduct of each around the Halliburton contract a bad deal (Washington Post, 2004). Largely because of the leading contractors Halliburton government services, it has been a focal point in the war on legal and ethical issues.

Legal issues

Since many legal issues have to Halliburton, the two largest companies were overcharging the government and bribes for contracts. Halliburton was overcharging the government $27 million meals are served in Iraq, it seems, of the defendant. They were at 42,000 meals per day when in fact, there are only 14,000 food service personnel has been uploaded. Inevitably, Halliburton had to pay $ 27000000 accused him and received payments from the government (C-Span, 2005) U. S. Justice Department documents about the allegations that bribes worth 180 million dollars for natural gas in Nigeria have been given, Dick Cheney was head of the company at the time (Washington Post, 2004).

The contract price was evaluation of seven billion dollars. (BNet, 2004) Despite the fact that in September 2003, argue Cheney that he was brought to light that he was still a salary of $ 150,000 and employed about 400,000 shares of unexercised Company "severed all ties with financial and Halliburton "made at the time.

Social responsibility

During the war in Iraq, ...