The paper "Leadership Theory and Practice Via an Account of BP's Gulf of Mexico Oil Spill" is a good example of an assignment on management. The following paper discusses the concept of corporate moral accountability as relates to the Gulf oil spill crisis which involved BP. The paper finds that BP leadership should be held accountable for the environmental and social impact of the company’ s business. The company failed to develop appropriate measures for reinforcing corporate social responsibility and accountability. An organization’ s leadership has a duty to ensure that everybody in the organization has the opportunity to contribute to meaningful decision making and that the company’ s business is conducted based on productive relationships.
It is equally important for an organization’ s leadership to develop strategies for keeping long term goals at the forefront while ensuring that all short term goals are accomplished. Question 1: A Discussion of Moral Accountability Issues Emerging from the Article Corporate moral accountability refers to the obligations of enterprises for the impacts of their businesses. In order for corporate institutions to be morally accountable, they should put in place certain processes for integrating social, ethical, environmental, consumer, and human rights concerns into their core strategies and business operations.
In the Financial Times article of July 15, 2010, about the British Petroleum oil spill in the Gulf of Mexico, various moral accountability issues have been implied. One of these issues is an ethical failure. In the article, it is clear that BP failed to put in place appropriate measures to reinforce the ethical conduct of its business. For instance, intimidating employees in order for them not to report acts of negligence on the side of the company’ s leadership is a clear show of ethical failure. According to Sanders (2001), ethical failures can be attributed to poor leadership support, inefficient organizational culture, and a poorly articulated corporate environment where corporate objectives are not aligned to the interests of stakeholders.
In order for BP to depict a morally accountable image, it has a duty to do more than just harboring the right intentions. The corporation has an obligation to implement objectives and policies which reinforce moral accountability within its corporate culture.
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