Bp

When Robert Horton left his position as Chairman and CEO of BP, the ac familiarity was in financial trouble and the employee esprit de corps was notably low. The company was experiencing losses, the debt-to-equity ratio was out of control, and the company had positioned itself in so many an(prenominal) diverse markets that most of the employees had no idea what the company heraldic bearing and goals were. When David Simon took over as CEO, he was faced with the daunting tax of turning the wayward company around. Simon accomplished this task for ternary reasons: he diagnosed and modified the organizational culture; he feature important leadership skills; and he knew how to motivate employees. One of the biggest deficiencies of Hortons attention was his attempt to Americanize the BP culture. Britain was not ready for Hortons high profile leadership ardor and in his attempt to rid BP of the take heavy and stuffy management he left a feeling that the diversify was being imposed rather than nurtured. finished continually cutting costs, Hortons system became equivalent to downsizing and the employee morale continued to deteriorate. In addition, it was not feasible to expect a company to change its culture overnight as Horton essay to do and imposing the culture of another country did not go over well either.

When Simon entered, he recognized that the strategy was not necessarily the problem but that the management style and culture had to change. There were certain conditions present that were conducive to facilitating change at BP and in turn made Simons job jolly easier. The company was experiencing a crisis in their financial health which in reality drew attention to the consequences of the current culture. A sudden perturbation in leadership allowed Simon to step in at the optimal time to begin changing the culture. In addition, Horton left a weak culture that employees wanted to change (Hunsaker 325). A compounding of these factors and Simons vision for change allowed BP to transform under... If you want to get a full essay, order it on our website: Ordercustompaper.com

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