Organization Project Assignment Example | Topics and Well Written Essays - 1000 words

Organization Project - Assignment Example BP Oil is among the top six major oil and gas corporations in the world. They are currently involved in massive explorations in different parts of the world. The company is a British multinational corporation with headquarters in London. The analysis of the history of BP Plc. reveals that the company’s management strategy has not changed much over the years. The origin of BP is traced to 1908 when a group of British geologists discovered oil in Iran. The company has a reputation for partaking in highly risky ventures. It was officially called the British Petroleum in 1954 (BP, n.d.). The willingness to take on risky ventures has yielded both positive and negative returns. The positive return is the increase in revenue earned while the negative effects are the public relation problems caused by many oils spills. The company management was based on the establishment of structures that divided the company into top, mid-level and lower level management. BP has always used the system management style, which ensures a proper division of the business to facilitate the flow of orders and functions. The orders came from top management to the middle level and lower level expected to implement them. Top management formulates strategies and the overall goals. The middle-level management can plan and control resources to ensure the overall strategic goals are met. The lower level management are involved in implementing the plans that have been made by middle-level management. Currently, BP Systems management style has been enhanced by the addition of sustainable management. The 2010 Oil Spill played a significant role in pushing BP to adopt sustainable management, which aims at protecting the environment. Sustainable management is meant to ensure BP prevents further environmental damage. It also improves the public image of the company. The company’s current strategy is guided by clear priorities, quality portfolio, and