• Home Page
  • What Are The Factors That Influence The Leadership Style Of BP?

What Are The Factors That Influence The Leadership Style Of BP?

Improved Essays
Show More
Register to read the introduction… As a new chief executive officer, Tony Hayward was recruited in June 2007 and he took over for BP's highly-respected former CEO Lord Browne. The new CEO of BP may be able to use his own leadership or management style to change the culture of the organization and also try to help the business to grow and improve better. However, the extent to which the effectiveness of his way of leading the business and how quickly it can be for change to eh business culture are depends upon different …show more content…
There are also some other factors that can influence the leadership style. For example, if the employees of BP are more used to the leadership style of the previous CEO, although it is believed that management strategies can significant influence the whole business, but it might still lead to a bad or worse business performance or the resistance from the employees from accepting the changes in the culture of the business. The CEO of BP may not be able to change the business culture quickly or expecting a sudden change in the innovative ability of the business, most of the strategies take time to result in the good way and become effective for the whole …show more content…
However, it takes time for the BP Company to accept or get used to the changes of the business culture in a short period of time. Therefore, if the CEO is able to avoid the possible negative influences that might affect the change in organizational culture and the factors that might have an impact on the BP’s performance, then the new CEO may be able to help BP to improve the company’s disappointing performance and achieve its main corporate objectives in the

Related Documents

  • Improved Essays

    Does Corporate Social Responsibility Matter?
    • 1461 Words
    • 6 Pages

    Does Corporate Social Responsibility Matter?

    In the course Business Environments, much focus was put onto law and ethics within business environments as well as the main question of, does social responsibility matter? After the many discussions and explanations of corporate social responsibility, I have come to understand that many businesses rely on being socially responsible to retain business growth and sustainability within their corporations. Often in this modern society, it is difficult to continue being socially responsible but it is pivotal for many corporations to continue their efforts. In the case of the BP Deepwater Horizon oil spill, many wish that BP had taken the advice of other socially responsible corporations, then maybe the gulf oil spill of 2010 would not have occurred.…

    • 1461 Words
    • 6 Pages
    Improved Essays
    Read More
  • Improved Essays

    Disadvantages And Disadvantages Of Strategic Leadership And Management
    • 789 Words
    • 4 Pages

    Disadvantages And Disadvantages Of Strategic Leadership And Management

    Having the responsibility of the day-to-day management and a position on the Board can lead a company to an increased level of operations. Some companies may feel confident their CEO is reporting the strengths and weaknesses of management and able to guide the company in an effective manner. Combining these roles highlights authority and the chain of command. Although it may seem more advantageous to continue to combine these roles for unified knowledge and potentially saving money, the CEO acting as his or her own boss will create a conflict of interest for the well being of the company. Preventing strained relationships on the board and in management is very important to companies in the banking system.…

    • 789 Words
    • 4 Pages
    Improved Essays
    Read More
  • Decent Essays

    Icarus Company Core Competencies
    • 983 Words
    • 4 Pages

    Icarus Company Core Competencies

    The way to not let our company failed we can follow the new trend by upgrading our company technologies. If our company follows the new trend our company might be can achieve with enough profits. • Failure to understand the culture of the organization because every organization has different cultures will get to know. Every organization has a specific pattern how to behave in that environment. Some new employees are having some problems regarding the culture because not everyone can adapt to the culture around them.…

    • 983 Words
    • 4 Pages
    Decent Essays
    Read More
  • Improved Essays

    Three Common Problems Entrepreneurs Face When Starting A Business
    • 1221 Words
    • 5 Pages

    Three Common Problems Entrepreneurs Face When Starting A Business

    Finding gaps in the market, and being better than the opponent and why are you better than the opponent. Developing a unique model Is not just about the product it is also about the vision for the business or project as a whole. What are the long term goals for this business and if it doesn’t work out what is the backup plan? Developing a unique business model is very important it lays out the long term goals and what needs to be done to be a top tier business. Developing a unique business model means having a business plan which is not as easy as it sounds it may take weeks or months before it’s completed.…

    • 1221 Words
    • 5 Pages
    Improved Essays
    Read More
  • Improved Essays

    Pros And Cons Of Whistleblowing
    • 833 Words
    • 4 Pages

    Pros And Cons Of Whistleblowing

    It’s easier than ever to discuss the activities, trends and take measures before it’s too late. Ethics: The breach in ethics led to several massacres and mishaps, damaging the interest of shareholders and the environment as well. The CSR helped in integrating the values and reminding the organizations regarding the implications of breaching the ethics. The Importance of CSR: The world is heading towards the phase where corporate own the individual’s life and thinking, but because of CSR the pace is significantly slowed down. It safeguarded the interests of the interest of middle and lower class along with future generations because companies are going to command more and more power in the future.…

    • 833 Words
    • 4 Pages
    Improved Essays
    Read More
  • Decent Essays

    Cereal Stuff Case Study
    • 989 Words
    • 4 Pages

    Cereal Stuff Case Study

    The diversity is an ideal for the company to succeed in competition with the other companies. CEO of the company asks these questions because the CEO wants to know the candidate likes or do not like to work with different groups as a diversity code of the company requires. The CEO wants to know how they feels about working with diversity groups. 8- When the conflict or argument among different generations, how do they handle the conflict? Which groups are not easy to…

    • 989 Words
    • 4 Pages
    Decent Essays
    Read More
  • Improved Essays

    Summary: Sandwich Blitz
    • 533 Words
    • 3 Pages

    Summary: Sandwich Blitz

    To be help manage the daily responsibilities Dalman would have to train the teams to prioritize and plan out. Teamwork can help increase productivity and improve quality of the product a company produces. A lack of communication or bad communication can have a bad effect to the team and can make the team unable to solve problems. A way to solve this problems is to break the team down into smaller teams, this way people that usually don’t talk will have their chance to speak up. Doing this will also help build up trust within the team and help build an effective team, Thought some teams can be together too long and at some point run out of ideas.…

    • 533 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    The Importance Of Change In Business
    • 858 Words
    • 4 Pages

    The Importance Of Change In Business

    If you think your business is changing from doing well to not being able to meet its goals, then you know that you also need change to reverse the situation and meet higher goals for the business. Understanding what kind of change you need is the key to a great transition. You don 't change your way of management overnight. You also don 't change in just a short time. You need to plan it out, just like planning out a business of your own.…

    • 858 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Importance Of Management Skills
    • 974 Words
    • 4 Pages

    Importance Of Management Skills

    First of all, the new company directors must be persons who possess good management skills. It may seem obvious, but it is very common to meet with bosses who do not know how to lead a team. In addition people will be sought with communication skills, who can manage a set of people and are used to working in teams . The responsibility is now more important feature. The human side of managers is more visible and seeks responsible people with a conciliatory personality who work for the good of the business and for the good of their employees.…

    • 974 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Culture And Technology's Impact On Business
    • 998 Words
    • 4 Pages

    Culture And Technology's Impact On Business

    A business that retains a good corporate culture is one that rewards employees for good behavior instead focusing on only negative behavior, includes lower positioned employees in decision making and other forms of participation, etc. “Corporate culture develops organically over time from the cumulative traits of the people the company hires” (Investopedia, 2010). With this said, the recruitment process becomes a vital part of a business, as its employees will eventually contribute to its overall culture. In addition, the culture of the company also attracts different applicants. If a reputation of a bad culture exists at a company, individuals are not going to seek employment there.…

    • 998 Words
    • 4 Pages
    Improved Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2023 Cram.com
Privacy Policy |  CA Privacy Policy |  Site Map |  Advertise  | 
  • Cookie Settings