Describe how the BP Oil was managed in the past. Compare the difference between management approaches in the past to those the BP Oil currently uses. Ensure you identify relevant management theory both for past practices and current approaches.
Describe how BP Oil is structured. Include a copy of the organizational chart. Describe how managers perform the organization function of management based on the structure of the organization. Ensure one of the five types of structures as described in the textbook is identified and analyzed.
Identify a key manager in the organization and describe his/her primary functions and responsibilities. Evaluate how effective this manager is in fulfilling these responsibilities making clear recommendations for improvement. Ensure you refer to the functions of management as described in your textbook.
Describe how decisions are made in this organization. Using materials from the textbook or other relevant sources on decision making evaluate the effectiveness of the decision making process and make clear recommendations for improvement.
Describe the system of controls the organization uses. Include in this description how control is used to ensure the organization meets its goals and objectives as well as how the organization uses a quality control process to ensure products and/or services are delivered as promised. Evaluate the role of managers in these processes. Make clear recommendations for improvement. Ensure you refer to your textbook or other relevant sources in your evaluation.
Summarize the key recommendations you have made identifying each with the relevant function of management.
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B.P. Oil is a well-known organization that has been in operation for over one hundred years. B.P. was founded in 1909 as the Anglo-Persian Oil Co to develop oil fields in Persia, which is now modern-day Iran (ICIS, 2013). B.P. has a storied past that has both positive historical achievements and negative plotlines that have forever damaged the organization. One key focal point of B.P.’s history is their management practices and approaches, during its past and present operation.
B.P. and its past management
B.P. at its inception was a foreign organization attempting to capitalize from the oil products available for refinement in Persia. After three years, B.P. made an agreement with the Shah of Persia to receive a controlling share portion of the Anglo-Persian Oil Company, which would allow British ships to receive their oil directly from the organization. As the APOC grew, they acquired multiple entities in the oil industry. One of those entities was the B.P. Oil Company, which at that time was largely a marketing company that operated on behalf of German oil interests in Great Britain.
B.P. employed an aggressive expansion program in its first sixty years of existence. The organization began to acquire many subsidiaries in oil producing nations and regions in the world. Many believed B.P. to be a positive company that employed ethical and sound business practices regarding the industry. APOC officially converted to B.P. in 1954 (ICIS, 2013). In the first half-century of B.P.’s operations, they faced many challenges that without good leadership would have destroyed most organizations. However, B.P. was able to address the issues head-on and persevered to become the industry giant they are today.
B.P. faced a great challenge in the beginning from their location of operation. The primary area of operation was in Persia, which is now modern-day Iran, and Mesopotamia, which is now modern-day Iraq. As most people are aware, both of these regions in the world are very volatile and present a unique challenge for any organization in which to operate, much less an oil company that derives their product directly from the land itself. After surviving overseas through two world wars, B.P. was still functioning in a world that was becoming more isolated each year.
B.P. has a management strategy in the past that afforded it the opportunity to grow and maintain a positive …
The expert describes how the BP oil was managed in the past. The differences between management approaches in the past to those BP oil currently used is determined.To continue with the answer check on mycoursewriter.com/
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