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Halliburton Management

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Management Planning - Halliburton
Halliburton was founded in 1919 by Erle P. Halliburton and is currently “one of the world’s largest provider of products and services to the oil and gas industry” (Halliburton, 2010). Halliburton’s began with one man, borrowed supplies and a homemade mixing box is now an employer of over 50,000 people and has a presence in approximately 70 countries (Halliburton, 2010). Halliburton established its first research and testing laboratories and then set their sights on the international market. In 1926 Halliburton sold 5 cement mixing units in Burma and started their global arm of business. “Today, Halliburton offers the world’s broadest array of products, service and integrated solutions for oil and gas exploration, development and production” (Halliburton, 2010).
In 2006 and 2007 Halliburton realigned its operations and divided them into two, Completion and Production, and Drilling and Evaluation, accounting for over 14 billion dollars in revenue for the company (Halliburton, 2010). The Drilling and Evaluation department is in charge of the drilling, evaluating, field and reservoir modeling and well-bore placement solutions for its customers. While the Completion and Production department managers the cementing, pressure control, pipeline and process services and completion services (Halliburton, 2010).
Planning is an important function of management that helped Halliburton identify and achieve many ground breaking goals. Once Halliburton set a goal to go global, they decided to open a second headquarters in Dubai, United Arab Emirates to strengthen their presence and partnership in the Eastern Hemisphere. With two headquarters in place, the planning function is now more complex. The skill of effective communication and teamwork are not crucial to the development of companywide goals. Ensuring that the leadership at both

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