Wednesday, May 6, 2020
Bp Management, Ethical And Social Behavior - 1114 Words
In the month of April 2010, Deepwater Horizon exploded, killing 11 workers and releasing oil from the well into an ocean. This paper will discuss BP management, ethical and social behavior. BP along with a few of its partners Transocean and Halliburton was involved in the gulf oil spill. The explosion of the drilling rig Deepwater Horizon was the root cause of the oil spill. This paper will focus on BP organization behavioral issues that caused the economic, environmental, and human losses. The research further focuses on what BP leadership could have done as a precautionary measure using highest ethics and management behavior. BP Organization Culture A unique set of principles, vision, and discipline drives corporate behavior and culture. Robbins and Judge (2014) describe culture as, ââ¬Å"shared meaning held by the membersâ⬠(p.465). The culture guides the employee motivation and their behavior towards customers and the external world. One of the management skills is supporting individual and team by understanding and communicating with them. Ability to analyze and diagnose complex scenario is also a management skill. Various levels of diversity bring rich skills to organization such as creativity, interpersonal views. BP leaders constantly demonstrated poor leadership qualities by acting the way they wanted. Displaying of oneââ¬â¢s emotions in the workplace has greater impact on collaboration and productivity. Let us examine how BP culture contributed to the oil disaster. BP asShow MoreRelatedEthics Reflection Paper1094 Words à |à 5 Pagesunconditionally placed social and ethical responsibility with administrative legal and compliance obligations, regulations and rules. Today, a companyââ¬â¢s ethical behavior is vital to the success of the company. Consumers not only expect but demand that a company is visible in their practices and are held accountable for their actions; be it through internal regulations and rules through the involvement of the government. In this paper, there will be discussions of the social responsibility and roleRead MoreSustainability Report of BP1447 Words à |à 6 PagesWhat responsibility did the executives of BP have in making more socially responsible and safety conscious decisions at the expense of not meeting the consumer demand of cheap gas and thus lowering the returns for shareholders and their own compensation? Executives in many prominent companies must constantly be aware of consumer sentiments in regards to business practices. As such, executives have a very compelling social obligation for safety and compliance. This is particularly important in industriesRead MoreThe Hurricane Katrina Disaster And The Bp Oil Spill Tragedy941 Words à |à 4 PagesAbstract This essay relates ethical behavior in high-profile events, as well as examining various regulatory and sustainability market approaches to business environmental responsibilities. The paper focuses on two major occurrences; the Hurricane Katrina disaster and the BP oil spill tragedy. Hurricane Katrina entered into records as one of the worst disasters ever to hit the US, the storm is considered as the most disastrous and damaging in the US history inRead MoreEthics Paper MGT/498852 Words à |à 4 Pagesï » ¿ Ethics Paper MGT/498 Professor: The primary purpose of ethics and social responsibility is imperative to the way we do business and live amongst society. Ethics most commonly know as the rights and wrongs are principles and standards that establish what is know as acceptable conduct within an organization. Organizations have moral and legal duties to implement ethics when developing a strategic plan while considering stakeholders and consumers, they do not want to beRead MoreAchieving Fit for Corporate Social Responsibility631 Words à |à 3 PagesAchieving Fit for Corporate Social Responsibility Evaluating the measure of corporate social responsibility (CSR) is as much an attempt to ascertain ethical conduct of interactions with stakeholders, as it is a management tool of to limit liability. A research summary of Corporate Responsibility Best Practices, notes that 72% of NYSE Euronext traded firms surveyed have a formal corporate responsibility programs in place (Corporate Responsibility Officer Association, 2011, p. 6). Just 20% of theRead MoreBp Pipeline Case Regarding Ethical Behavior And Decision Makin1709 Words à |à 7 PagesBP Pipeline Case regarding Ethical Behaviors and Decision-Makin British Petroleum (BP) has been operating in the United States for decades. They have required most of their refineries through acquisitions in the med the 1900ââ¬â¢s, which helped them to become one of the leading oil producers in the world. The acquisition of the Prudhoe Bay, Alaska refineries produces more than five percent of Americaââ¬â¢s oil. Therefore, it guaranteed BPââ¬â¢s economic goals by continuing producing oil in the United StatesRead MoreStrategic Planning at BP1198 Words à |à 5 Pagesï » ¿The planning function is where management seeks to design corporate actions that will help the organization meet its strategic objectives. The strategic planning process is usually step-based, in order to ensure that the organization takes a proactive approach to planning, rather than a reactive approach. The strategic planning process begins with setting the corporate mission and objectives as the first step. Most corporations will have a broad vision for the company an d a mission that are expressedRead MoreEthics, Negligence, and Environmental Issues in Business1685 Words à |à 7 Pagesï » ¿Ethics in Business 1. Discuss the ethical, negligence, and environmental issues you see in this case. BPââ¬â¢s negligence resulted in severe repercussions for the company, employees, and the environment. After being advised on multiple occasions of the issues concerning maintenance of pipelines, BPââ¬â¢s behavior in the issue of the Prudhoe Bay pipeline can be seen as unethical because it did not meet its social responsibilities/obligations to the community or its employees. Ignoring these obligationsRead MoreBritish Petroleum ( Bp Plc )1604 Words à |à 7 PagesAnother company that has recently conducted poor social responsibility is British Petroleum (BP plc). For those unfamiliar, BP, a multinational company headquartered in London, England, is one of the worldââ¬â¢s seven major oil and gas companies operating in all areas of the oil and gas industry. These industries include the likes of exploration, production, distribution, marketing, and power generation, along with several other area s. With that much integration in one particular industry, a large corporationRead MoreEssay on Ethics in the Workplace - Bp Oil Spill1729 Words à |à 7 PagesEthics in the Workplace Case Study: BP Oil Spill 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
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