Paper Topic:

WorldCom Management Planning

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ORGANIZATION OF WORLDCOM

WorldCom is accredited as the United States giant in the world of business . The company started its operations under the name of Long Distance Discount Services Inc (LDDS ) back in 1983 . Six years later , it merged with Advantage Companies Inc . thereby going public under the name of LDDS WorldCom . This was later transformed to WorldCom . The company experienced rapid growth through the 1990s and when it purchased MCI in 1998 , it was approaching the top . There were plans by the management to

br have the largest merger by communications companies but the US department of justice and the European Union foresaw an eminent period of monopoly , they stopped the move . Some companies were therefore left out in the merger of 2000 . The company however experienced the biggest bankruptcy and accountancy fraud in corporate history . WorldCom was compelled to change its name MCI , one of the companies it had purchased On 14th February 2005 , Verizons agreed to acquire MCI , formerly WorldCom ( HYPERLINK "http /www .usatoday .com /money /industries /telecom /2002-07-21-worldcom-ch ronology_x .htm http /www .usatoday .com /money /industries /telecom /2002-07-21-worldcom-chr onology_x .htm

WorldCom since then has been operating under the banner of Verizon Business . The planning function of the management is guided by some key principles : The ethics principles ensure he privacy and security of customers ' data . At all levels transparency in financial accounting must be practiced to avoid another scandal . Innovation is another key area that makes the company brace up to current global trends in the communication industry . This is by transformation of its networks services and human resource . The company 's employees also receive education and training regularly to deliver outstanding customer service , under the principle of growth , the company is keen on providing good jobs now , for a new generation of broadband technologies Continuity is therefore maintained as employees change from one stage to the other . This is effective in promising a no break in delivery of services

Concerning the environment , the company has embarked on cutting down its energy use and driving demand for a new class of hybrid-electric commercial vehicles . This is an invaluable service to humanity , now that there are concerns over global warming . Apart from programs for the employees , the company has programs for the community as well . It supports learning and literacy especially among the unfortunate volunteering services and charity to the poor

Ethics and governance in the company sets clear objectives , measures progresses and I accountable for results . These are achievable through he following core values : code of conduct for every employee , where moral behavior is encouraged and nurtured . Colleagues , customers and stakeholders must be treated morally . The company has gone a step ahead to train and certify employees to ensure their compliance to these standards . In such an environment , incidences of crime are rear , more time dedicated to productivity . The company also respects the customers privacy . The company has installed extensive security regimes in networks that protect customers ' account . Data thieves have always been...

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