Bp Case Study

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Comprehensive Course Project Cover Sheet Case Study: BP (Beyond Petroleum) Focuses on Sustainability University Instructor: 03/15/2012 Abstract When a person thinks of BP they image a green gas station and gas pumps. But BP has over 100 years of history behind it. BP was formally known as British Petroleum and the Anglo-Persian Oil Company. It was founded in 1908 by William D’Arcy, a rich British man who invested all his savings in his quest for oil in the Middle East. At the time BP was committed to protect the environment and took necessary steps to research areas where they would likely be drilling for oil to minimize habitat disruption and protect the area. But as competition in the area heightened, and shares of the…show more content…
Leadership-Ethics evaluation, problem solving abilities, values that will extend out to all stockholders and integrity. 3. Promote sustainability by extending investment in research, cleaner energy, and in environmental programs. 4. Form Ethics policy committee to deal with training and enforcement. Evaluating Alternatives 1. Doing nothing will not make the problems go away, but will likely lead to more problems in the future. 2. Leadership-While the current leader or CEO of the company has taken the company in the right direction, it would be wise to make sure that he/she has the necessary ethical training and integrity to continue the company’s movement in that direction. 3. Promote sustainability- Investing more money in these areas would certainly help with the stockholders but it would not solve all their issues. 4. Form an Ethics Committee for enforcement of policies and overseer of employees. This would solve most of their problems; employees from top to bottom would be more ethical and have more integrity if they knew they were being watched and that policies would be enforced. Chosen Alternative The problem that stands out above the others is the lack of an Ethics Committee to enforce the Ethics code put forth by the company. With an Ethics Committee to enforce policy everyone from the top executives on down to the last employees will know what is expected of them and what will happen to them if they do something against policy. This

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