Proceedings: Conference on Corporate Communication 2012 Page 1
Proceedings: Conference on Corporate Communication 2012 Page 1
Proceedings: Conference on Corporate Communication 2012 Page 1
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In the Wake of the Deepwater Horiz<strong>on</strong><br />
BP's Development and Evoluti<strong>on</strong> of <strong>Corporate</strong> Social Resp<strong>on</strong>sibility As Core<br />
Business<br />
Grace Roodhouse<br />
MA in <strong>Corporate</strong> Communicati<strong>on</strong><br />
Communicati<strong>on</strong> Studies Department<br />
Baruch College/CUNY, USA<br />
grace.roodhouse@gmail.com<br />
The motivati<strong>on</strong> for this research was to understand why BP’s <strong>Corporate</strong> Social Resp<strong>on</strong>sibility<br />
program failed so dramatically following the catalyst of the Mac<strong>on</strong>do blowout in the Gulf of<br />
Mexico in April 2010. The research aims to address the development and evoluti<strong>on</strong> of <strong>Corporate</strong><br />
Social Resp<strong>on</strong>sibility as part of core business strategy at BP as a method of facilitating this<br />
understanding and developing recommendati<strong>on</strong>s for CSR at BP as it endeavors to rebuild its<br />
reputati<strong>on</strong>. This research undertakes a thorough literature review as well as c<strong>on</strong>tributing unique<br />
insights through primary research. The paper particularly recommends the use of blue ocean<br />
strategy with a focus <strong>on</strong> becoming the new energy ‘super major’ focusing <strong>on</strong> alternative energy.<br />
This suggesti<strong>on</strong> is based <strong>on</strong> the belief that Bob Dudley is moving the company forward and<br />
making the difficult decisi<strong>on</strong>s c<strong>on</strong>cerning change culture to address stakeholder desire. The paper<br />
c<strong>on</strong>cludes that CSR will have to become a reality for every company in the l<strong>on</strong>g run and if BP<br />
focusses <strong>on</strong> it now they will gain a competitive advantage, regain reputati<strong>on</strong>, and become a<br />
sustainable, transparent, and genuine company that will thrive in the future.<br />
Abstracts of <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <str<strong>on</strong>g>Proceedings</str<strong>on</strong>g>: <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Corporate</strong> Communicati<strong>on</strong> <strong>2012</strong><br />
<strong>Page</strong> 39