IMPACTS OF OIL SPILLS

Impacts of Oil Spills

Impacts of Oil Spills

Introduction

The study is related to the impacts of oil spills due to the British Petroleum and Exxon Mobil oil spills. There is no doubt that there has been a central breakdown in the process of risk management, commonly used by organizations to establish procedures to safely manage the greatest of uncertainties of its daily operations. This means that if a company is going to drill a mile to get the oil then they should first make certain that all possible scenarios of failure must be identified, evaluated, tested and implemented before that first barrel of oil is extracted. Furthermore, the protocol of 24 hours should be applied to day to day activities, which did not, happen in the case of British Petroleum and Exxon Mobil oil spills that may be a threat to environmental well being, unforeseeable events involving human error or equipment failure must also be managed. Moreover, inadequate steps should have put in place to evaluate worst case scenarios that are impacts associated with catastrophic failures of equipment or systems; establish policies and program to mitigate short and long term environmental risk factors, also assure that there are financial cushions; for instance, cleanup and reclamation bonds that continue to hold those liable before they can run or hide.

Discussion

Effect on Organization

Every action in the organization is a manifestation of power which is used by both managers and performers. Power manifests itself through the channels of power, which include the power of coercion, influence, expertise, information, official conduct, credibility, authority to award. Therefore, BP and Exxon Mobil Oil Spills could be controlled or measured by effective management. When an individual affects the behavior of group members without the use of coercive forms of power, it is a manifestation of transformative leadership. The organization attaches enormous importance to the leadership of the need to select and nominate individuals for leadership positions, most suitable for management functions. The nature of transformative leadership manifests itself as personal qualities of humans and the environment in which the activities of the company.

Impact of Oil Spill on British Petroleum

The oil spill occurred in the Gulf of Mexico has spread to the United States, and Barack Obama believes that British Petroleum should pay for their negligence. British Petroleum is willing to compensate the damages and continue struggling to stem the disaster. While U.S. President Barack Obama has secured support and proposed solutions that British Petroleum should take the responsibility of the damages that took place due to its negligence. Following a meeting between executives of British Petroleum and Barack Obama in the White House, the company British Petroleum has apologized for the spill occurred and has shown readiness to compensate with 20,000 million U.S. dollars to the people who get affected due to the British Petroleum oil spill. The idea is to set up a fund to compensate thousands of people affected due to the spillage of crude oil produced by the company that include to compensate the ...