MGMT 1040 Chapter Notes -Exxonmobil, Bligh Reef, Third Mate
18 Mar 2014
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*example given is wreck of exxon valdez, which created 11 billion gallons of oil spill in the united states, which requires immediate and forceful action. Oil spill caused severe environmental damage along stretches of alaska coastline. Killed seabirds, ruining fishing ground and results in financial losses for company. Didn"t have to happen, and cause was lack of trust, commitment, and effort on the shareholder and local residents. individual level. Lack of cooperation, innovation and unification on the organizational level. No one did job properly: upper level: reduce investments / cut expenses, middle level: get by as best they could with no one for improvements and incentives, lower level: gave up caring. Result was total failure of managerial responsibility throughout firm. On thursday, march 22, 1989 exxon valdez filled up oil barrels and left alaska. Captain murphy testified he smelled alcohol on the breath of captain hazelwood, whom assumed control after murphy steered the ship out of a 0. 5 mile narrows.
