1: BP’s Contributory Ethical Aspects to the Oil Spill
One of BP’s ethical violations includes the lack of implementation of the safety measures that would have prevented the occurrence of the incidences and the deaths. Some of the failures are visible through the absence of proper machinery controls like remote switching that would have enabled the crew to take charge of the situation in the rig. A majority of this mistakes stem from the fact that BP was cutting corners in its processes to ensure that it made savings on its investments while putting its employees at risk. The company also failed to adhere to environmental regulations causing them to bring about massive pollution through different occasions of accidents.
2. BP’s Purposeful Engagement in Risk Management Avoidance
BP apparently avoided investing in risk management in its drilling plants as is evidence from the investigative findings after the oil spill. A technician in the entity stated that the company’s managers had knowledge of the problems in the machinery but did not take any action to correct them. The evidence from other accidents also indicated that BP had developed an avoidance culture as a means of saving the money that they invested in their processes. However, their strategy did not turn out positively as their purposeful avoidance of risk management led to even bigger problems and consequential losses.
3. Strategies for Reputation Repair
The first move that BP should make is to invest in safety equipment according to the requirements of the regulatory statutes. The company needs to realize that the regulations are likely to change throughout different regions especially as it has international operations. Therefore, it is important to ensure that it has sufficient awareness of those requirements and adhere to them comprehensively. Another important implementation is engagement in corporate social responsibility activities to show its commitment to environmental conservation to the communities in which it operates. The company also needs to ensure that it schedules regular maintenance on its equipment to ensure they are aware of the possible risks and their management strategies.
References
Ferrell, O. C., & Fraedrich, J. (2015). Business ethics: Ethical decision making & cases. Nelson Education.
