discussing BP’s lack of discipline that contributed to the Deepwater Horizon spill
Read the Washington Post article (below) discussing BP’s lack of discipline that contributed to the Deepwater Horizon spill, according to the investigative report of the National Academy of Engineering and the National Research Council, two of the country’s most prestigious scientific bodies. You can find the link to the article under Course Content. One might consider lessons learned from the Gulf oil spill. From a manager’s perspective, what Measures of Effectiveness/Measures of Performance might you apply to monitor output/production while maintaining a safe operation and appropriate training standards?
What are the obvious categories? One might be Risk. You might set subcategories of Minimal Risk/ Acceptable Risk/ Unacceptable Risk. Under each of these subcategories you might establish a description of the characteristics. The idea is to develop a model for managers to measure the degree of risk, so he/she has set standards that drive policies and procedures. Without Measures of Effectiveness, a manager cannot truly identify goals, and know when or if they are met. So, as a warmup for your assignment, which is probably the most difficult and useful, create one category for the BP incident, establish its subcategories, and definitions and explain how this model will help you tell how well or badly things are going.
http://www.washingtonpost.com/
preview of the answer..
According to the article “Panel: BP’s lack of discipline contributed to spill” by Steven Mufson in the Washington Post, scientific experts analyzing BP’s oil spill in the Gulf of Mexico found that it was lack of consideration and discipline that led to the disaster. The oil spill raise questions regarding whether key personnel working on the drilling rig had enough operating knowledge. The disaster also raises questions regarding the absence of a sound approach to management of risks in the drilling operations. Measures of maintenance performance has now become a vital component of strategic thinking for manufacturing and service industries (Parida & Kumar, 2009..
APA 405 words