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Culture of risk beyond petroleum

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Reference no: EM133466109

Study the case study titled, "British Petroleum (PLC) and John Browne: A Culture of Risk beyond Petroleum" and answer the following questions

1. Pretend you are BP Board Chairman P.D. Sutherland and you are introducing John Browne at the ceremony, awarding Browne with his third consecutive "Most Respected British CEO" award. What would you say to the audience?

2. Given BP reputation and John Browne's reputation for management excellence, how has BP gotten into this situation?

3. Are the issues raised in the independent reports concerns for the BP Board? Is there any relationship between the issues raised and BP performance? As a member of the BP Board what responsibility do you have to deal with the "culture of risk" identified in the two independent reports?

4. Should the BP Board have given Browne the $50 million severance? Should it discipline Browne?

Reference no: EM133466109

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