Management Planning for Tyco

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Management Planning for Tyco

MGT 330

February 13, 2011

“Tyco International is a diversified, global company that provides vital products and services to customers in more than 60 countries” (TYCO, 2012). The purpose of this paper first of all is to evaluate the planning function of management at Tyco International. Next, this paper will analyze what the impact has been concerning legal issues, ethics, and corporate social responsibilities which management planning has had on Tyco International. Additionally, there will be one example given of each. Then the paper will conclude by analyzing three factors that influence the Tyco's strategic, tactical, operational, and contingency planning. “With more than 100,000 employees worldwide, Tyco is a leading provider of electronic security products and services, fire protection and detection products and services, and valves and controls” (TYCO, 2012).

Tyco International was established in 1960, by Arthur Rosenburg (TYCO, 2012). Tyco believes in exercising continuous authority and direct control over operational excellence and contingency plans. In the same way they believe in exercising this same authority over customers, growth, employee teamwork, and financial strength. This promotes the success of the company. The organization has established principles and policies, which describes the responsibilities of its governing board of directors. The board’s responsibilities include overseeing the management team of the organization’s business processes, selecting and monitoring top-level management, providing responsible oversight for financial reports and legal compliance; determining and implementing governance policies for Tyco. The board of director’s work together with management and both are responsible for establishing the organization’s operating codes of conduct and for appointing strategic directions and policies (TYCO, 2012).

Policies and procedures established by TYCO encourage employees...