1. Analyze whether BP`s corporate culture was ethical. 2. Why has BP`s culture developed as it has?...
Question:
1. Analyze whether BP`s corporate culture was ethical.
2. Why has BP`s culture developed as it has?
3. How you would suggest changing its culture?
4. What roles should the CEO and the Board of Directors play in making this change?
5. How could this change in culture be measured?
BP has had a record of mishaps affecting life, the environment, as well as the property of the company and other stakeholders. On October 26, 2010, the Public Broadcasting System (PBS) in the U.S. aired a 53 minute TV documentary entitled The Spill that covered BP’s problems at its Texas City refinery, its Thunder Horse oil platform, its pipeline in Alaska, and the Gulf oil spill.
StakeholdersA person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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1 The PBS documentary highlights several issues that shaped a culture of unethical standards and continuous disregard to safety within the company BPs board of directors operated in a continuous crisi...View the full answer
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Related Book For 
Business and Professional Ethics
ISBN: 978-1285182223
7th edition
Authors: Leonard J. Brooks, Paul Dunn
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