Mgt/330 Managing Planning Paper

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...