Bp Management, Ethical And Social Behavior

On April 20, 2010 off the Gulf of Mexico, there was a blowout of the Macondo well which is owned by British Petroleum also known as BP. When the blowout took place it got immediate media attention because aspects of the event were known over the world. Within events transpiring it was discovered how limited the resources and reaction to the disaster was going to be. This paper will detail aspects of the event from symptoms of the problem, the root cause, important unresolved issues, roles of the organization’s key players and stakeholders, and explain the focus of specific ethical systems. Also discussed in this paper are relevant strategies and alternatives, the effect of globalization

The staff of the BP Deep Water Horizon Oil Spill and Offshore drilling Commission said in a report delivered said, BP “did not have policies and systems in place to ensure that decisions made to reduce costs and improve efficiency do not increase risks or diminish safety”. The management of this

The BP oil spill will always be remembered however, some of the key things that stood out for the reader were the results of what lack of communication can cause. The breakdown in communication was failing to share data, and oversee daily operations. This breakdown did not allow employees to be created in the work environment. When creativity is not fostered in the work environment it does not produce a positive nor supportive work environment. Creativity in the work environment allows employees to be innovative, and encourages creativity (Kreitner, R. & Kinicki, A., 2013). Communication between employees and management is always very important and can make or break a company. In the case of the BP oil spill it broke the company. Many people’s

If the problem had been brought up by employees and management failed to make the right decision, it is still not ethical. These were glaring problems management refused to address. The further problem of BP’s overall management not enforcing company policy means that there is a culture of unethical decision making where economics gains far outweigh the adherence to safety regulations (BP’s Troubled Past, 2010).

Ethics are very important in the business world and to the general public. Ethics is defined as a system of moral principles or the rules of conduct recognized in respect to a particular class of human actions or a particular group. Using a moral compass should be a requirement for every CEO and executive. Any person who will have some impact on society needs to understand the difference between right and wrong. Since businesses touch such a large segment of our society, codes of ethics must be established and followed to protect the general public. In the following pages we will discuss the 1989 Exxon Valdez oil spill disaster and examine how it relates to (1) the state of business ethics since 2000, (2) examples of the classic

The structure of business ethics is voluntary, legal, and core practices. BP and Exxon had an obligation to act ethically in all three areas. Exxon’s 3rd mate was not license to pilot through Prince William Sound. The captain was drunk and asleep and when he was awake and in charge he ignored the Coast Guard’s recommendations. Exxon knew the captain had issues with alcohol. The company hired to do the clean-up was ill-prepared, had damaged equipment, and they also did not have enough equipment to handle the spill. By all appearance BP presented an image

The oil that has escaped the well has now spread throughout the ocean and some have floated to the top forming oil slicks on the surface which are being pushed by the wind and spreading rapidly damaging deep sea corals and other ecosystems. In order to contain the spill and begin to clean up, BP must quickly devise a plan of action to prevent further damage, destruction and loss of marine life. I have been obtained as a consultant by BP global to advise the CEO of BP during the oil spill disaster. This letter contains recommendations outlining the optimal leadership approach which will be most effective in the handling

The major ethical issue is to protect the stakeholders and win back the trust of the stockholders. Right after the disaster, the stock value of BP has significantly decreased by 52% in 2 months of times, published by the New York Times. There was also a significant drop in the sales by 40% in 4 months of time. BP was made to pay huge fines to the United States government including the federal costs, the cost to clean up the water and stop the leak, relief camps to the local residents, providing the stipends because of the unemployment, thousands of claims had to be processed and paid to the victims. The investors

BP has had many questionable behaviors over the last decade. Some of the behaviors include ethical conduct, fraud, environmental crimes, endangering habitats, and even death (Thorne, n.d.). BP did not seem to learn from their mistakes based on the sequence of events that occurred over a span of several years and little emphasis was placed on the core values and ethics. They disregarded the well-being of the stakeholders while continuing to promote themselves as an ethical company (Thorne, n.d.).

BP has had a long history of ethical and legal violations because BP chose to put profits above all else. In the past twenty years, BP subsidiaries were convicted of environmental crimes in Texas and Alaska. In addition, BP received the biggest fine in US history regarding safety violations. Although BP accepted responsibility, their record showed questionable and illegal behavior for twenty years. One of BP's major issues happened in a Texas refinery close to Galveston in 2005 (Jennings, 2009). This explosion took the lives of fifteen workers and injured five hundred people and caused residents nearby to become sheltered in their homes (Jennings, 2009). The US Chemical Safety and Hazard Investigation board concluded that BP had

This paper will explain some of the effects of three legal issues and three ethical issues surrounding the London-based British Petroleum Company’s involvement in the explosion of the offshore oil rig Deepwater Horizon and the subsequent oil spill into the Gulf of Mexico. There are many legal issues surrounding this disaster, but the three this paper will focus on are the Oil Pollution Act of 1990, maritime laws, and criminal charges

Secondly, BP’s business relationships are complex, and the legitimate priorities often conflict (Crews). BP’s failure to prevent the explosion was due in part to complex partnership. BP held the rights to drill using the rig and operation services leased from Transocean. As a result, “of the 126 people aboard the Deepwater Horizon, 79 were from Transocean, seven were from BP, and the rest were from other firms” (Ingersoll et. al, 1). People serving on Deepwater Horizon came from different organizations. A decision making process involved many authorities, which decreased the efficiency and effectiveness of decision-making. Even though BP maintained main operational authority, only six percent of people aboard the Deepwater Horizon rig were from BP. As an important business partner of BP, Transocean provided the equipment and performed the majority of the work, and thereafter it had some authority over operations and maintenance.

Part 1 - Ethical Dilemmas- The accident elicited many feelings anger, disillusionment, disgust, and even employees feeling like they were let down because BP had not backed up its values promised to

From its humble beginnings as a single man entity, British Petroleum, or as it is now known as BP, has grown into one of the four major Oil and energy multi-nationals on the planet. Their success can be attributed to their innovative prowess and their ability to stay one step ahead of their competitors, by investing in places no one has before. The common perception of BP by the general public over the past decade has been quite positive, with people aligning environmental values’ with their new brand positioning. All of this changed after BP was blamed for one of the worst maritime oil disasters in history, which also killed 11 workers. This incident has shed light on past issues BP has faced which were not as widespread as the most current one. BP’s Ethical culture and their Corporate Social Responsibility procedures have been primarily the major issues, which can be directly attributed to the accident. Secondary to this was their management of potential risk in their Deep Sea Oil excavations, which also may have been the cause of the major explosion. Lastly we will be discussing how BP can possibly move on and rebuild their brand image from such a catastrophe and move away from the new “Big Polluter” image.

On April 20, the explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico led to the largest accidental release of oil into marine waters in history. As a result, a huge loss of money and life was caused and affected serious environmental damage to wild animals and water pollution. BP was accused of their irresponsibility that it took 87 days before the well was closed and sealed. BP’s shares