Richards Rumelt: The evaluation of Business Strategy 1. Consistency: the strategy must not present mutually inconsistent goals and policies. Rumelt argues that inconsistency in strategy is not merely a flaw in logic. One of the main purposes of strategy is to provide a sensible framework for organizational action‚ which fits organizational objectives and values. Rumelt cities the examples of high- technology organisations facing a strategic choice between offering customized high-cost products
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BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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BP was the ªrst of these companies to change from a reactive to a proactive climate strategy formulation. In 1996‚ it withdrew from the oppositional Global Climate Coalition (GCC)‚ which was characterized as the most powerful lobby organization in climate policy.28 BP then accepted the climate change problem as diagnosed by the Intergovernmental Panel on Climate Change (IPCC) and gave its support to the Kyoto Protocol. In 1998 BP’s strategy formu- lation developed further in a proactive direction
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Assignment 8: Writing an Evaluation/Argumentative Essay Write an evaluation/argumentative essay on a topic of your choice. Several possible topics are listed below‚ but you are free to come up with your own. Develop your evaluation/argument in an essay of about 500 words. If you wish‚ use statistics‚ examples‚ or quotations from sources you find helpful and supportive. Possible topics: * A review of a book you have read or a movie or television show you have seen. * An evaluation of a work process
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Arrington 1 Karen Arrington English Katherine Oneil 22 July 2012 CRITICAL EVALUATION ESSAY Introduction In W.E.B. Du Bois’ “Of Mr. Booker T. Washington and Others‚” Du Bois criticized Washington’s policy of racial accommodation and gradualism. Du Bois rejected the latter’s willingness to avoid messing with the racial issues and
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This is true for an evaluation essay. The writer must think about the topic and take a point of view about it. Sometimes the writer must research the topic before making any type of argument. The argument is usually stated in the thesis statement. The first steps in writing an evaluation essay is to obtain supporting evidence to support your viewpoint. It is similar to an argumentative essay in that the writer’s point of view is given backed with evidence. An evaluation essay is also similar to an
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Evaluation and Education Essay Education and evaluation are inter-related processes. Evaluation is as old as the process of education itself. Education in its wider sense implies not only acquisition of knowledge‚ but also development of abilities‚ skills‚ personality qualities which are important in individual’s personal and social life. The function of evaluation in education is to provide a systematic assessment of the development of these qualities as an outcome of educational endeavour. Since
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disasters in Alaska and Texas. Specifically‚ BP ’s defensive approach towards stakeholder management led to lavish compensation for upper level management while creating hazardous working conditions for employees and a burden on all of society in the form of rising oil prices and environmental damage. Background British Petroleum was founded in 1908 and since then has rapidly grown to become the eighth largest company in the world . However‚ as of late‚ BP has come under fire for several high profile
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1. Originally‚ an Ethics and Compliance team was formed to monitor the formation and operation of the company guidance towards ethical issues in BP’s company. Just like to set up a communication consistent standard for all the employees of BP for different location‚ culture and language. Originally‚ this is a good way to guide the company staff to maintain company standard and reputation. But the code did not effectively address specific high-risk activities for the scope of daily operations. It
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management during the weeks that followed. BP created the “Gulf of Mexico Restoration” website to inform the public about its efforts in cleaning up the spill and to help restore public trust in the company again. BP’s “Gulf of Mexico Restoration” website uses these three strategies to try to repair its reputation: a section highlighting technological advancements for safer drilling‚ colorful graphics of bolded statistics that state the amount of money BP has spent on various efforts‚ and a collection
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