LEADERSHIP & MANAGEMENT

British Petroleum Leadership & Management

Short Summary of British Petroleum

BP, based in London, is the third largest energy company in the world and one of six "big oil,” as these companies are known. BP's operations are vertically integrated and extend to the drilling, refining, and marketing petroleum products. The company had revenues of U.S. $ 367,100 million worldwide in 2008. BP's gasoline sold under the ARCO brand on the U.S. west coast. The company also uses the BP brand in North America and other regions, and Aral in Europe. Besides gasoline, the stores offer the products normally found in the convenience sector. British Petroleum (BP) is one in information and communications, automation and control, energy, transportation, medical and office lighting company-diversified group. British Petroleum (BP) in recent years experienced including sales, acquisitions, and reorganisation. The Group operates mainly in Europe and the Americas. In Munich, Germany, headquarters has a staff of 475,000 people. The group reported sales of £ 87, 325 in September 2006 the end of the fiscal billion £, up 15.7% in 2005. Net profit was 3.033 million pounds in fiscal 2006, a 34.9% increase over 2005.

Executive Summary

A BP spokesperson confirmed the company would revise the arm structure of operations but declined to say whether the changes would include eliminating or selling personal assets. "As a result of the conditions that are resulting in lower volatility, we are reviewing the structure of operations arm, and we are exploring to do. BP management believes that models in this paper presents us with the great error that has been repeated in all processes of organisational change lies in the fact that most organisations 80% concentrated its efforts in addressing changes in management and only 20% in the leadership. The British Petroleum has followed the model of Kurt Lewin for developing the change plan and Kotter's model to improve the efficiency and effectiveness of their management leaders. BP makes its leaders innovative by continuously mentoring them and providing them the required trainings to develop the skills.

Table of Contents

SHORT SUMMARY OF BRITISH PETROLEUM2

EXECUTIVE SUMMARY3

INTRODUCTION5

DISCUSSION7

Kurt Lewin's Model8

John Kotter's Model11

Historical Development16

British Petroleum Competitors17

Human Resource Development17

Restructuring British Petroleum20

Distribution21

British Petroleum (BP) Leadership Structure23

Financial Strategy25

Leaders Strategic Evaluation Strategy27

CONCLUSION28

REFERENCES31

British Petroleum Leadership & Management

Introduction

Leadership, There are people who are distinguished from all others, not by natural talent or knowledge but for his ability to inspire others to dream and make your dreams come true, to generate passion and energy into everything they do and transmit it to the people around them. Their role, there is a huge difference between being a leader and being a boss, which is limited to meet senior managers and find that the people around you do what is required. The leader is someone respected, admired, and followed by his team. He builds the best conditions for your organisation forward, always giving the example, and implementing projects from start to finish. A leader known for creating the future promotes and directs the changes in your life and the organisation he works for, is ...