BP's Reaction and Strategy of Change: The Essay

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BP's Reaction And Strategy Of Change:

The safety history of British oil giant, BP, has been the subject of increased examination by various sectors such as the U.S. Congress in relation to the recent blow up that contributed to the death of 11 people. The United States Congress carried out various hearings regarding BP's recent safety history because of the explosion that left more than 10 workers dead. One of the major issues in the hearings has been the evidence of BP's violation of its safety standards that continue to pose numerous safety risks to its workers and various people across various regions. The recent fatal explosion was brought by oil spill, which was due to the infringement of the occupational safety standards and regulations.

While the incident elicited significant concerns across the globe, the British oil giant continued to state its unprecedented reaction to the unprecedented environmental disaster. However, the company is renowned for a history of violation of occupational safety standards to an extent that more than 90% of breaches of industry standards belong to the oil giant.

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The infringement of occupational safety standards and regulations by BP is regarded as the company's culture of incompetence. This culture of incompetence has emerged because of the numerous fatal oil spill incidents involving BP and the relative lack of effective measures by the firm's management to solve the issue. BP's inability to resolve the impasse is despite of the fact that the challenges seem to be known by the firm.

In response to the crisis, BP has recognized the need to change through transforming its values and behaviors, changing its health and safety culture, and changes in leadership. Actually, BP initiated a far-reaching program that is geared towards enhancing safety and risk management within the group ("How BP is Changing," n.d.). While this program is also designed to help the firm to earn back trust, BP acknowledges the need for more efforts despite of the recent achievements in improving occupational safety within the firm. Some of the major efforts….....

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