Global Crossing Management

orbiculate point of intersection guidance 1 globose Crossing focal point Mary Adams MGT/330 April 6, 2010 orbicular Crossing Management 2 spheric Crossing Management spheric Crossing was founded in 1997 by Gary Winnick. They reported $3. 8 billion in revenue and $1. 9 billion in losses in 2000. orbiculate Crossing is a leading global IP solutions go forthr. world(prenominal) Crossing has aimed the beingnesss first integrated global IP-based network, according to the most Global Crossing article (2010). The counselling of Global Crossing began the company by using all four functions of management.The prep function of management was the scratch of turning an idea into a success. accord to University of Phoenix Week both reading Planning and Strategic Management (2010), Planning is the conscious, systematic procedure of making decisions about goals and activities that an individual, group, work unit, or organization will come after in the proximo. There atomic number 18 six steps in the send offning dish that Global Crossing had to use in order to end for the companys future. The first step in the prep border is a situational analysis. A ituation analysis is when past events are studied, current conditions are examined, and future trends are forecasted. The second step in the readiness process is developing alternative goals and plans. Goals should be specific, measurable, attainable, relevant, and time-bound. The third step in the preparation process is evaluating goals and plans. Management should evaluate the effects of Global Crossing Management 3 the goals and plans, prioritize goals, and consider implications. The fourth step in the planning process is selecting the goals and plans that are the most appropriate.This will lead to a scripted set of goals and plans. The fifth step in the planning process is implementing the plans. Implementing the plan requires all managers and employees to understand the plan and to be motivated to implement the plan. The sixth step in the planning process is monitoring and overbearing. Monitoring and controlling is necessary in determining if the plan is successful. According to About Global Crossing (2010), some of the Global Crossing managements plans were to provide telecommunications, deliver services globally, and employ a team of dedicated rofessionals. numerous disparate factors influence Global Crossings strategic, tactical, operational, and contingency planning. near of those factors are Global Crossings managements strengths and weaknesses. A strong management can work well together to develop strategic, tactical, operational, and contingency plans. However, if the management team is weak, the strategic, tactical, operational, and contingency plans may to a fault be weak. The saving is a nonher factor that can influence Global Crossings strategic, tactical, operational, and contingency planning.The plans may need to be different when the economy is good th an when the economy is bad. Global Crossing Management 4 Scandals at bottom the company is a factor that can influence strategic, tactical, operational, and contingency planning at Global Crossing. Scandals can affect trust between employees and managers as well as affect the trust that the consumers have in the company. Global Crossing has had some scandals that have influenced management planning. These scandals have brought about sound upshots, ethic issues, and incorporate social indebtedness ssues for Global Crossing and the future of Global Crossing. Ackman (2002) stated that Global Crossing go about issues in 2002 when the company went bankrupt. Ackman (2002) also stated that Global Crossing and Gary Winnick were charged with dishonest accounting, ambidextrous swapping of assets and liabilities, and the enrichment of top executives even though other employees lost millions. Greed seemed to be the downfall of Global Crossing. Global Crossing face up moral philosophy is sues when it was detect that Gary Winnick and former CEO, Leo Hindery, Jr. ere involved with insider trading. Another ethics issue with Global Crossing was capacity swapping. The new management team at Global Crossing see ethics as an important incision of the company and the planning process. Ethics influence management planning at Global Crossing because it plays an important part in the planning process. When planning, Global Crossings management planned a code of ethics and business Global Crossing Management 5 conduct plan. According to engrave of Ethics and Business Conduct (n. d. ), management at GlobalCrossing flip sure that all employees review and agree with the decree of Ethics. If employees do not comply with the Code of Ethics, they will be capable to discipline and could even be terminated. At the same time that Global Crossing was facing ethic issues within the company, they were also facing jural issues. Insider trading and capacity swapping were both illegal. Gary Winnick, Leo Hindery, Jr. , and many others faced legal charges for their illegal activities. The new management team planned the Code of Ethics and Business Conduct plan to make sure the ompany does not get involved with any illegal activities again. merged social responsibility is an important part of Global Crossing and the management planning process. bottom Legere, CEO of Global Crossing, and management and employees of Global Crossing have developed many different programs that show corporate social responsibility in their planning. It is stated in Corporate Social Responsibility (2009) that Global sympathize with is a worldwide program that developed an Employee Community Day. Each employee is given one extra day off to pursue a compassionate contribution to their community.MATHNext is an education program that Global Crossing has helped by providing technology, Global Crossing Management 6 donating laptop computers, and providing videoconferencing and web-based s eminars. Global Crossing also participates in Going Green. Global Crossing is a company that has faced a downfall and with a new management team, has rebuilt itself. Many different factors can influence management planning. Issues such as legal issues, ethics, and corporate social responsibility can influence management planning. These factors and issues can make a company a failure with a poor management team.The same factors and issues can also make a company a success with a strong management team. Global Crossing has been glum from a failure to a success with a strong management team and proper planning. Global Crossing Management 7 References About Global Crossing. (2010). Global Crossing. Retrieved April 25, 2010, from http//www. globalcrossing. com/company/company_landing. aspx Ackman, D. (2002). House committees to investigate Global Crossing. Forbes. com. Retrieved April 25, 2010, from http//www. forbes. com/2002/03/13/0313topnews. htmlCode of Ethics and Business Conduct. (n. d. ). Global Crossing. Retrieved April 26, 2010, from http//www. globalcrossing. com/docs/Ethics/GlobalCrossingCodeofConductPolicy_eng. pdf Corporate Social Responsibility. (2009). Global Crossing. Retrieved April 26, 2010, from http//www. globalcrossing. com/company/company_global_caring. aspx University of Phoenix. (2010). Planning and Strategic Management. Retrieved April 22, 2010, from University of Phoenix, Week 2 reading, aXcess, MGT330-Management Theory, Practice and Application Course Web site.