Analysis of Management Planning for Emirates Airlines and Sabic

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Added on  2023/02/02

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This report examines the management planning strategies of Emirates Airlines and Sabic, a petroleum company. The introduction defines management planning and its importance in optimizing resource utilization and achieving organizational objectives. The report analyzes the goals of Emirates, including increasing profit, expanding cargo capacity, and revenue growth, as well as its failures, such as reduced operating costs and aircraft acquisitions. It also explores Sabic's goals, such as decreasing greenhouse gas emissions, improving environmental safety, and contributing to welfare, along with its failures related to gender gap, patent portfolios, and workplace complaints. The conclusion emphasizes the role of management planning in business expansion, minimizing uncertainties, and improving company performance, stressing the importance of societal and environmental investments and a friendly working environment. The report provides a comprehensive overview of the companies' strategies and challenges, offering valuable insights into effective management practices.
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TITLE
Planning fanction
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Emirates Airlines must try to introduce seats in order to earn extra premium and more profits.
This also helps in attracting large number of customers towards the brand.
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INTRODUCTION
The term management planning is defined as a process in order to supervise
objective of a particular enterprise and also makes a plan in order to achieve that
objectives (Austin and Pinkleton, 2015). This helps organisation in such way that
they may utilise resources in optimum manner.
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Failure
Operating cost reduced
Therefore, operating cost can be decreased by flying single aircraft and also by
decreasing cost of spare parts and also training.
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INTRODUCTION (Contd)....
The following report considers two companies as Emirates Airways and Sabic a
petroleum company. Therefore, it has also been discussed that management planning
must be used by this company that will help them improve performance level and
also raise profitability.
This report also highlights on various goal that is to be fulfilled by both companies
with help of different methods and sources.
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Emirates Airways
It is an airline company that is headquartered in Dubai, United Arabs. This is
basically owned by Emirates groups.
It is one of the largest company related to Airlines that operates in 140 cities
and in 81 countries within 6 continents (Johnson, Goerdel, Lovrich Jr and
Pierce, 2015)
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Goals of Emirates Airways
Increasing profit within 1 year up-to 30%
This also helped them in saving their huge amount as management planning lead
workers in order to work as per strategies that were set.
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Goals (Contd)....
The Biggest plane in terms of capacity in the world
They also have unique features as that make them different from any other plane in the
whole world. This unique feature is Auto throttle and also the yoke moves that has a
variety from others. Boeing 777 is also one of the biggest and largest plane in worldwide.
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Goals (Contd)....
Total passenger and also capacity of cargo increases
Thus, cargo business has also been improved by emirates in terms of improving supply
chain management and logistics that leads in managing customer experiences. In addition
to this, there were also increased in flights frequency that provided more business in
cargo by increasing profit and also number of suppliers.
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Goals (Contd)....
Increasing revenue by 12%-
They can also use their space of cargo while fitting baggages of customers. This is done
by charging extra amount and this also helps company to increase profit to certain level.
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As because of local company that is based in
UAE the tax has been relaxed as 250000
Australian visitors were brought in Dubai in
year 2016-2017.
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