the water’s surface. As a result, the oil spread affected the environment, including the wildlife. The BP oil spill has raised serious risk management issues regarding the governance of organization involved in the case. Risk management and governance in the BP organization are separate, having their own committees and organizing their own processes to achieve their goals. Per researchers, “the BP oil spill disaster has clearly shown that the board has to own both the general governance of the organization
Recommendation 11 Internal communication 11 External communication 12 Executive Summary BP oil spill in April 2010, had incurred serious damage to both the company and publics. Though some internal and external communication strategies were carried out after the accident, more improvements should be made by BP to maintain the safety and reputation. The internal strategies used by BP, employing appropriate communication channels and appointing a CEO who is familiar with American cultures
spill in the Gulf of Mexico in 2010 resulted in considerable damage to the environment, economy and human livelihoods. While BP, as one of the parties involved in the operation of the oil drilling on Deepwater Horizon rig, suffered huge financial loss and reputation loss, it was found to be the one to be mostly blamed due to its lack of risk management. As poor risk management can lead to an astonishing disaster like this, it appears to be necessary for every business to learn from BP’s mistakes and
Southern Mississippi, United States a r t i c l e i n f o a b s t r a c t The explosion of Transocean’s Deepwater Horizon, an oil-rig licensed to BP, set in motion a chain of unfortunate events that led to BP’s ruptured oil well disgorging millions of gallons of oil into the Gulf of Mexico. Since the spill, the corporate image of BP has been severely challenged. The company has used many strategies to preserve
CASE STUDY- MINI CASE: BP GULF OF MEXICO OIL SPILL CASE SUMMARY 1. In a narrative format, summarize the key facts and issues of the case. In the case of the BP Gulf of Mexico oil spill, we examine the effects of an organization not being prepared for this particular crisis. The world scrutinized the actions, inactions, and the human decisions made by BP that led to a major catastrophic crisis. The organization was not prepared for a crisis of this magnitude. Our text stated that this type of negligence
the effects that have been seen in the previous crises involving prominent organizations such as BP and the Sandusky case. Ensuring that the company has some sort of backup plan when the company goes into the limelight on issues, is an important part of making sure that the stakeholders can be forgiving and go past the crises without much loss to the company. This paper is a case study of the crisis involving Smithville Industrial Chemical plant and the mistakes that they made in the course of the
setting”. The chapter concludes with discussion around the four essential leadership fundamentals of vision, team, reality, and growth. Chapter 6 discussed the importance of leadership during crisis situations and best practices for weathering the storm. Chapter 7 focused on the importance of leading after the crisis. The concepts introduced and explained have significant relevance and value to leaders and followers in the today’s marketplace. Group Consensus Three Concepts. The three important concepts
Carder Higinbotham Case analysis of the Coca-Cola India Crisis 1. What are the key problems that Gupta should focus on in the short term and in the long term? In looking at the situation, hindsight is always 20/20. Gupta would have benefited from the eight steps of crisis management. Step 1: Get control of the situation. Gupta needed to define the real problem, use reliable information, and a measurable communication objective for handling it. Step 2: Gather as much information as
IN PUBLIC RELATIONS INDEX 1. TOOLS IN PUBLIC RELATIONS 2. PUBLICITY MEDIA 3. TYPES OF PUBLICITY 4. OTHER FORMS OF PUBLICITY 5. TECHNIQUES USED TO SOLVE PR PROBLEMS 6. PR PROCESS 7. ISSUE MANAGEMENT SYSTEM (New Jersey Physicians case) 8. CRISIS MANAGEMENT SYSTEM ( Mattel, Pepsi, Bhopal Gas Tragedy and Exxon case) 9. MODELS IN PR : Open System, Cybernetics and Roles of PR. Tools in Public Relations Publicity is the deliberate attempt to manage the public's perception
A Product-Harm Crisis can mean the end of a corporation. A Product-Harm Crisis (although considered to be low in probability of occurring), may have severe consequences for a company if not handled properly. For this reason, potential risks associated with a product should be monitored on a continual basis. So much that - without warning, a Product- Harm Crisis can progress into a catastrophic incident that can quickly destroy a business’ future. Since, crises are often difficult to anticipate and