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Essay Details:
Essay text:
chasing up blind alleys or duplicating initiatives elsewhere
Issues
1. Resource Allocation
2. main challenge now is to get projects executed and completed on time and on budget
3. inhibited BP's ability to share best practice
4. Management Not knowing what is going on at the ground level
5. Not disclosing issues to centre ….environment of distrust
Outcomes
1. BP's embarrassing failure to hit its production targets in 2002
2. top management's lack of detailed operational knowledge led to lapses in safety
3. Plans to pool resources failed
4. total costs of supply per barrel of oil, including exploration and production costs and depreciation of equipment, rose by 20 per cent...
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