British Petroleum(BP) was initially registered as Anglo-Iranian Oil Company Limited. It was founded in 1909 by William Knox D’Arcy an English who discovered oil in Iran. The company was state owned by Britain until 1970 it was privatized under the era of Margaret Thatcher. The company has been struggling and a posted loss of $811 million until it repositioned the company in 2001. The company wanted to be the leader of an environmentally friendly oil company and had associated themselves with the green color.
Deep Horizon
BP acquired the rights of Macondo Prospect , 5000 feet below sea level oil well in the Gulf of Mexico from US Mineral Management Services in 2009. (SUBSEAIQ, 2012).BP ‘s exploration was interrupted by Hurricane Ida so it leased Transocean's …show more content…
In order to transform BP from a fossil fuel company to a leader in renewable energy, it requires planning. Thus, as a leader, I will encourage all the employees or associates to bring forward their creative ideas by opening the line of communication. Employees will be able to share their perspective and by this way, they will feel involved and motivated as they feel as a part of the decision-making process initiating change. This stage requires democratic leadership.
This is followed by enabling stage where the plan is conveyed to the employees and as a leader, I need to convince them of the vision. Thus logical leadership skills are required as well as patience. Next is the launching stage, where the leadership will transform to an authoritative style where goals set must be met and focus on getting the results by commanding.
Subsequently, in the catalyzing stage, as a leader in BP, I need to inspire and energize the team by inspiring them to work towards the common goal in order to achieve the vision. Finally the maintenance stage by continuing to guide and energize them through inspirational
Deep Horizon
BP acquired the rights of Macondo Prospect , 5000 feet below sea level oil well in the Gulf of Mexico from US Mineral Management Services in 2009. (SUBSEAIQ, 2012).BP ‘s exploration was interrupted by Hurricane Ida so it leased Transocean's …show more content…
In order to transform BP from a fossil fuel company to a leader in renewable energy, it requires planning. Thus, as a leader, I will encourage all the employees or associates to bring forward their creative ideas by opening the line of communication. Employees will be able to share their perspective and by this way, they will feel involved and motivated as they feel as a part of the decision-making process initiating change. This stage requires democratic leadership.
This is followed by enabling stage where the plan is conveyed to the employees and as a leader, I need to convince them of the vision. Thus logical leadership skills are required as well as patience. Next is the launching stage, where the leadership will transform to an authoritative style where goals set must be met and focus on getting the results by commanding.
Subsequently, in the catalyzing stage, as a leader in BP, I need to inspire and energize the team by inspiring them to work towards the common goal in order to achieve the vision. Finally the maintenance stage by continuing to guide and energize them through inspirational