2. Mission
• To create sustainable value by delivering outstanding products,
services, and Digital Asset solutions that help their customers
succeed by:
• Maximizing productions and recovery
• Realizing reserves from difficult environments
• Improving operational efficiency
3. Vision
• To be preferred upstream service company for the development of
global oil and gas assets.
5. Social Responsibility
Halliburton naturally sets high standards for its global operations.
They strive to use their resources responsibly, and regard their
Guiding Principles of Sustainability as key components of their big
vision.
6. Sustainability Guiding Principles
• Halliburton is one of the world’s largest providers of products and services
to the energy industry.
• As they work with their customers and suppliers to develop global energy
resources, sustainability is an integral part of their business strategy and a
key driver in all of their business activities.
7. Five Forces and Key Success Factors
Competitor’s Name USD or EURO Net Income Mil
Schlumberger Ltd USD 3,390
Baker Hughes Inc. USD -273
National Oilwell Varco Inc. USD 1,349
Cameron International Corp. USD 629
FMC Technologies Inc. USD 506
Technip USD, EURO 23
Weatherford International PLC USD -1,252
Core Laboratories NV USD 165
•The direct competitors for Halliburton on January 22, 2016 are below (Halliburton net income mil 258):
8. Stakeholder Engagement
• Halliburton's Code of Business Conduct Policy #3-001 identifies their
key stakeholders: employees, public, business community,
shareholders, customers, suppliers, competitors and governmental
and regulatory authorities.
9. Competitive Analysis & Segmentation
Halliburton has built a position of strength, which they
have been through these cycles before, and they know
what they need to do.
10. Increase Social responsibility
• 1.Deliver superior value for their shareholders
• 2.Lead the industry in innovation, technology
development, and conscientious stewardship of
global resources.
• 3.Enhance the economic and social well-being of
their employees and the communities in which
they operate.
11. Human Resource Report
Halliburton provides the employee and their family with benefit choices and the tools needed to
access quality health care, assist with financial security and provide protection against the
unexpected challenges in life.
13. References:
Sustainability Guiding Principles. (2016). Retrieved March 06, 2016, from
http://www.halliburton.com/en-US/about-us/sustainability/sustainability-guiding-
principles.page?node-id=hgeyxt7r
Oilfield Services | Halliburton - Halliburton. (2016). Retrieved March 06, 2016, from
http://www.halliburton.com/
Editor's Notes
Halliburton was founded in 1919 and is one of the world’s largest providers of products and services to the energy industry.
Compliance with the law and honesty and integrity in their dealings with others are not to be sacrificed in the name of profits. Safety is the first condition of employment.
Sustainability is at the core of the Company’s long-term success, and it is embedded throughout their business. Halliburton continually strives to be at the forefront of corporate sustainability best practices.
. Halliburton serves the upstream oil and gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.
. Halliburton serves the upstream oil and gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.
. Halliburton serves the upstream oil and gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.
. Halliburton serves the upstream oil and gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.
. Halliburton serves the upstream oil and gas industry throughout the life cycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Their intent is to advance on their journey to zero Health, Safety and Environment and Service Quality incidents. Their intent is to develop technological solutions that give our customers economic access to new hydrocarbonresources and maximize the value of their existing assets. their intent is to be a preferred employer and make a positive impact in the communities where they live and work. their intent is to be a preferred employer and make a positive impact in the communities where they live and work. their intent is to be a preferred employer and make a positive impact in the communities where they live and work.
The program provides:
• Value – Halliburton shares in the cost of their benefits to allow access to quality benefits at an affordable price.
• Choice – Halliburton believes no one knows their needs better than they.
• Convenience – Halliburton knows their time is valuable.
I believe a change in organizational structure would improve the way management looks at their flow chart. I believe a Knowledge Management System charts is better focused and laid out for mapping direction for the people and resources that Halliburton has and the creative, innovative ways to achieve its direction.
