BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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Organizational Structure and Culture Introduction In order to understand and evaluate different business structures one must be aware of the exact meaning and standards‚ which make that structure. Different business function in different ways. The World today is full of innovative and new structures‚ company cultures and ways in which companies base their work. Globalization has emphasized the meaning of company culture in ways that have led to completely new ideas‚ while
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Organisational change: can an organisational culture be changed? Despite its ordered and steady foundation‚ organisational culture can be changed if it is guided by a comprehensive strategy. An organisations culture is founded by relatively stable characteristics‚ based deeply on values that are enforced by organisational practices. However‚ an organisational culture can be changed. This essay will aim to establish this and explain the measures which are involved in changing an organisational
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1.1{a} Authority and power Span of control: -The number of dependents that a manager or controller can directly control. This number varies with the type of work: complex‚ variable work reduces it to six‚ whereas routine‚ fixed work increases it to twenty or more. -Management literature identifies various factors that cause span of control to differ among managers and in different organizations. For example‚ narrower spans of control are appropriate when the nature of work performed is complex
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Robert Petruso Chapter 9 OPENING CASE STUDY QUESTIONS 1. How could companies use Second Life for new product or service decision making? Companies use second life which includes meeting with the sales manager‚ discussing about new sales techniques‚ building a new world where members of second life talk together about product or services and testing the new designs for new product or service
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management of organisations‚ the culture of organisation has become a vital theme in this field. This essay examines why organisational culture is considered as one of the most important factors to organisational success by explain three viewpoints. First is how organisational culture improves the effectiveness of the organisation. Second‚ organisational culture can be a source of competitive advantage. Third‚ organisational culture has influence on organisational creativity and innovation. This essay
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story from the past‚ believed to explain how the Maori people came to be in New Zealand. It is regarded as historical although not verifiable. It’s a modern interpretation of an ancient Maori myth. * Strong basis in the culture of Maori people- Myths support and strengthen culture and reinforce cultural values. * Voice-over- Paikea explaining the legend of her ancestor Paikea throughout the film (story telling technique of myth/legend) and her journey to become the next leader. * Use of symbols-
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REMAKING JC PENNEY’S ORGANISATIONAL CULTURE 1 Do you think JC Penney was justified in appointing Mike Ullman‚ an outsider‚ as CEO instead of Vanessa Castagna‚ considering that Castagna was instrumental in turning around JC Penney in the early 2000s? Soon afterwards‚ Castagna left the company. What are the pros and cons of “bringing in an outsider” and promoting from within”? Discuss too the impact of such decisions on the morale of the employees. JC Penney is a mid range chain
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Chapter 1 The Problem and Its Background Introduction In a business accounting context‚ the word inventory is commonly used in American English to describe the goods and materials that a business holds for the ultimate purpose of resale. In the rest of the English speaking world stock is more commonly used‚ although the word inventory is recognized as a synonym. In British English‚ the word inventory is more commonly thought of as a list compiled for some formal purpose‚ such as the details
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MANILA‚ Philippines - Budget Secretary Florencio "Butch" Abad is happy with the developments in the Senate panel probe on the controversial Disbursement Acceleration Program (DAP). Abad‚ the acknowledged architect of DAP‚ said Monday that the eight-hour hearing of the Senate Finance Committee last week on the DAP was "very positive" despite the Supreme Court’s ruling against it. He claimed that the Senate probe similarly showed that no abuses and irregularities occurred in using reallocations under
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