BP Oil: How to Recover from Disaster- Answer 3

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Create a New Company Culture

Perhaps the most effective way BP has recovered is establishing a new culture revolving around the central tenet of safety.  BP has implemented new, central values (safety, respect, courage, excellence, and one team) that are crucial to explaining the companys new ideology.

It has instilled these values by embedding them within the company´s processes via training, promotion, hiring etc. Continue reading