Tony Hayward

The BP oil spill that occurred in the Gulf of Mexico released 3.19 million barrels of oil creating both environmental and economic damage to surrounding areas. The effects of the oil spill mainly impacted Louisiana, Mississippi, Alabama, Texas, and Florida. The stakeholders affected by the oil spill were the environment, wildlife, fisherman, the oil industry and tourist-driven businesses and communities. Directly following the spill, BP set up The Gulf Coast Claims Facility (GCCF) which was…

strict protocols and the excellent standard of BP went down a lot. it is undeniable that this position is a core of what happened. The attitudes and behaviors of the leaders were disappointing and irresponsible (Corkindale, 2010), in addition, CEO Tony Hayward presided over an organizational culture of extreme risks, ignoring expert advice, not paying attention to security (Corkindale, 2010); moreover, they have tried to work with those more relaxed in this ecologic disaster, rather than face it…

British Petroleum William Knox founded British Petroleum in May 1908, as Anglo-Persian Oil Company. The Shah of Iran gave Mr. Knox permission to drill for Iran´s oil. In 1909 the Anglo-Persian Oil Company (APOC) was incorporated and shares were sold to the public. The first chairman was Lord Stratchona, he also owned a minority shareholder. BP is a public limited company, their ownership is spread among the general public in many shares of stock, and these stocks are freely traded on a stock…

Peter Drucker’s famous quote about communication, “The most important thing in communication is hearing what isn 't said,” like other advice, has been taken and put into practice by many people and organizations all over the world (Fleck, 2005, p. 50). Effective communication skills undoubtedly plays a significant role in every aspect of life. Moreover, it is a crucial key to success in the business world where the quality of communication is one of the primary sources that ultimately determines…

In the month of April 2010, Deepwater Horizon exploded, killing 11 workers and releasing oil from the oil well into the Gulf of Mexico. BP along with a few of its partners Transocean and Halliburton was involved in the gulf oil spill. The explosion of the drilling oil rig Deepwater Horizon was the root cause of the oil spill. This paper will focus on BP organization behavioral issues such as ethics, culture, and social behavior that caused the economic, environmental, and human losses. The…

“Leaders in a crisis are forced to operate in full public view, with the media and others positioned to report and critique their actions” (James & Woothen, 2005). Especially with the widespread propagation of bloggers and social media outlets, Voulgaris was faced with dealing with a media that was changing with the time. To manage the perceptions of a changing demographic, she assigned staff to specifically handling the social media circles and she countered rumors and speculation with…

Most if not all companies want growth and improved sales. Moving into the global economy through a worldwide marketing and sales initiative is one way to increase our market size. The market may change drastically internationally and further research must be done to continue successful ventures by analyzing the global market segments of interest. That being said if Alarm Buddy were to consider taking advantage of a global environment we must realize the difference in culture, working environment…

An Analysis of BP’s Difficulties, “Signature Processes” & Performance BP is the multinational holding company and one of the world’s major petroleum and petrochemical groups. BP’s primary activities include: exploration and production of crude oil and natural gas; refining, marketing and transportation; and manufacturing and sales of petrochemicals. In 1908, William D’Arcy and George Reynolds struck oil in Persia and established the Anglo-Persian Oil Company (APOC). In 1935 APOC was renamed…