BP ENERGY CRISIS Essay Example | Topics and Well Written Essays - 2000 words

BP ENERGY CRISIS - Essay Example The company operates in many countries internationally, however its performance is not stabilized. In fact, it seems that severe gaps exist in existing organizational strategies; reference can be made to the last year’s accident in the firm’s operational unit in the Gulf of Mexico. The above event proved the actual aspects of crisis in the energy sector: firms operating in this industry focus on the increase of their production rather than on the effects of their activities on the environment. In the case of BP it is noted that ‘total industry production from the Gulf of Mexico provided the biggest single increase in world oil supplies last year -- of nearly 400,0000 barrels per day’ (Pagnamenta, 2010). Of course, the efforts for the increase of production in this sector are related to the energy crisis – the need for continuously higher amount of energy, as a result of the increase of the relevant human needs. ... The Competing Values Framework (see Figure 1, Appendix) is based on the principle that organizational strategies need to be based on three different values – which compete each other: ‘the control versus flexibility, an internal versus the external focus and an emphasis on means versus end’ (Amos et al. 2009, 266). The concept of value on which the above framework is based is related to certain process. More specifically, Cameron (2006) notes that within modern organizations ‘value can be created whenever an organization develops competencies in Control, Compete, Create and Collaborate that collectively generate output that exceeds what individuals could do on their own’ (Cameron 2006, 29). Moreover, O’Connor et al. (2009) suggest that the use of the Competing Values Framework for the development of organizational strategies can help to the resolution of a common organizational problem: when organizational plans have to be designed and executed a series of conflicts is likely to appear mostly because within organizations there are different perceptions on priorities and ethics, i.e. there are different values (O’Connor et al. 2009, 57). In other words, O’Connor et al. (2009) note that conflicts in regard to the form and the content of organizational plans are inevitable in organizations of all sizes. However, through using appropriate strategic management tools, like the Competing Values Framework helps towards the identification of these values and their simultaneous promotion these conflicts can be minimized (O’Connor et al. 2009, 57). On the other hand, Amos et al (2009) make clear that the successful implementation of the Competing