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Date Submitted: 07/26/2011 07:53 AM
Week 3 1.
Management Planning Paper
Sammy Williams
BSHS MGT/330
April 4, 2009
2.
Tyco International Ltd., is a highly diversified global manufacturing company
incorporated in Switzerland, with United States operational headquarters in Princeton, New
Jersey (Tyco International (US) Inc.). Tyco International is composed of three major business
segments: Security Solutions, Fire Protection and Flow Control. As a large corporation Tyco has
had and still does operate on a management level. Part of Tyco’s management functions are
planning, organization, leadership and controlling operations. Due to the many problems
that can occur in everyday operations, Tyco must have a good creative problem solving team.
This team would most likely be called Tyco’s Board of Directors. The Tyco Corporation
operates through the Board of Directors whom happen to be world-class leaders with diverse
perspectives and solid experience. Currently, the Board is identifying and implementing the best
governance practices and procedures that will be used to help set high standards of honesty,
integrity and ethics throughout the organization. The Board has chosen new committee charters
and new board governance principles to be utilized as guidelines for many board activities that
will promote high standards of corporate governance. The new charters and board principles,
along with newly revised compensation and benefits programs and Tyco’s guide to ethical
conduct employees, will help to reinforce Tyco’s credibility in the marketplace and build the
over all value of Tyco for investors and all stakeholders.
The mission of Tyco's Board of Directors is to promote the long-term value and health of
the company in the interests of the shareholders and sets ethical standards. At this end,
the Board provides management with strategic guidance, and also ensures that management
creates and enforces...