StudentShare solutions
Triangle menu
  • Home
  • Subjects
  • Marketing
  • Case study of: BP and the Deepwater Horizon Disaster of 2010/analyse the organisational behaviour issues at BP that contributed

Case study of: BP and the Deepwater Horizon Disaster of 2010/analyse the organisational behaviour issues at BP that contributed - Essay Example

Nobody downloaded yet

Extract of sample
Case study of: BP and the Deepwater Horizon Disaster of 2010/analyse the organisational behaviour issues at BP that contributed

The organization was reported to have begun exhibiting robust growth in the 2000s through implementing strategies that include branding repositioning; focusing on environmental conservation and protection through their green campaign; and venturing into alternative sources of energy (solar and wind energies). By the 2007, under the helm of Tony Hayward, BP underwent a change in strategy that shifted its gear on investments and growth, to streamlining and cost minimization. It was also noted that during this time when a shift in organizational culture was announced to focus more on making the organization less risk averse (Schein, 2004; Huczynski and Buchanan, 2007). Likewise, a decision-making model, termed the asset federation model became the organization’s framework for making decisions that leave various site managers accountable for their performance and empowered them to make decisions pertaining to the scope of responsibilities and jurisdiction. As emphasized then, “under the new strategy, decision-making authority and responsibility for meeting performance targets was no longer held by BP’s regional operating companies, but onsite asset managers” (Ingersoll, Locke and Reavism, 2011, p. 4). ...
Case facts revealed that the Deepwater Horizon was a rig owned by Transocean, pegged as “the world’s largest offshore drilling operator, based in Switzerland and Houston” (Ingersoll, Locke and Reavis, 2011, p. 20). BP allegedly rented the rig for $500,000 per day, together with a number of Tansocean employees, to engage in deep water drilling for oil in the Macondo Well, along the Mexican Gulf. As disclosed, BP owned the rights to the Macondo Well and expects a 65% profit share to the oil that would be generated from the well and the rest goes to the United States. As disclosed, deep water drilling actually started in the Macondo Well as early as October 2009 but was allegedly interrupted due to the aftermath of the natural disaster, Hurricane Ida (CNN World, 2009). Operations were reportedly resumed after contracting Transocean’s Deepwater Horizon rig on February 3, 2010 (Ingersoll, Locke and Reavis, 2011, p. 8). According to case facts, initial projections for the project timeframe was supposed to be only until to 51 days to cost approximately $96 million. However,delays had led to the drilling extending to as much as 80th day, on the day of the reported disaster or blow-up of the well on April 20, 2010. On April 20, 2010, the Deepwater Horizon rig blew up causing 17 of the personnel onboard to be seriously injured; while 11 of them were reported to have died from the incident (Ingersoll, Locke and Reavis, 2011, p. 2). 2. Identification of Problems and Analysis Evaluating the case from the point of view of organizational behavior, the following problems were identified and categorized according to: organizational structure; communication; ...Show more

Summary

Case Study of: BP and the Deepwater Horizon Disaster of 2010 1. Introduction to Organization The organization, BP, previously known as British Petroleum, has reportedly undergone different stages of organizational growth and decline through its years of existence…
Author : octavia61
Case study of: BP and the Deepwater Horizon Disaster of 2010/analyse the organisational behaviour issues at BP that contributed essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Case study of: BP and the Deepwater Horizon Disaster of 2010/analyse the organisational behaviour issues at BP that contributed"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Assessing & Analyzing the Impact of the British Petroleum (BP) Deepwater Horizon Oil Spill in the Gulf of Mexico
BP Oil Spill 12 Impacts of Media 13 Risk Analysis 15 Political Analysis 15 Economical Analysis 15 Sociological Analysis 16 Technological Analysis 16 Legal Analysis 16 Environmental Analysis 17 Stakeholder Analysis 17 Recovery and Continuity Plan 20 References 20 British Petroleum (BP) – An Overview British Petroleum (BP) Plc.
16 pages (4000 words) Essay
Deepwater Horizon of Bp (British Petroleum) Environmental disaster in Gulf of Mexico on April 20/ 2010
Due to the development in the field of science and technology, the world nations are less concerned about preservation of nature. On the other side, conservation leads to unrestricted exploitation of renewable and non-renewable natural resources. The Environmental disaster in Gulf of Mexico is one of the greatest manmade disasters.
10 pages (2500 words) Essay
BP
The research uses secondary data collection methods to develop a literature review of the oil industry, environmental impact and legal framework for the oil industry, and a case study method for evaluating BP on its vision, organizational structure, products, commitment to environment and its actual performance.
20 pages (5000 words) Essay
Risk Management Assignment (BP) British Petroleum Deepwater Horizon
titutions around the globe. The report includes discussion on approaches and policies of British Petroleum and its response to the disaster along with personal observations and recommendations that will enable the organization to mitigate possibility of any such disaster in the future.
12 pages (3000 words) Essay
BP Case Study: Investment Proposition
The company has exceled in providing the customers the fuel for their daily livelihood and transportation, lubricants for the engines and petrochemical products to be used for various purposes like packaging, clothing and paints and energy for light and heat.
6 pages (1500 words) Essay
Transnational strategy case study of The Transformation of BP
All were a fraction of transform BP into a new shape of association that would draw and advance exceptional workers. Culture change is grave business at BP. As
12 pages (3000 words) Essay
BP
gal framework for the oil industry, and a case study method for evaluating BP on its vision, organizational structure, products, commitment to environment and its actual performance. As well, a statistical review of the last 44 years reveals the urgency in addressing the problem
20 pages (5000 words) Essay
BP
The company has until now focused solely on shareholder wealth maximization at the cost of other stakeholders of the company. The corporate level strategy of BP should focus on having all kinds of oil &
13 pages (3250 words) Essay
BP
The goal of the company is to be focused oil and Gas Company that offers value over volume. The goal is pursued through clear strategies and employment of distinctive capabilities. The company operates in over 80 countries, having its head office in London,
2 pages (500 words) Essay
Case Study of The Deepwater Horizon Disaster
British Petroleum (PB) is the company that is held responsible for the oil spill. Divergent opinions on the oil spill illustrates that the complex inter-organizational systems in the oil drilling process enhances the complicated aspect of accountability. In such context,
3 pages (750 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment