MN6066 - Analyzing BP with Environmentalism Critical Theory

This presentation critically examines British Petroleum (BP) through the lens of environmentalism, a critical theory concerned with the negative impacts of industrialization and consumption on the environment. It begins by providing an overview of BP and then delves into a detailed explanation of environmentalism, including its connections to Marxism, reform environmentalism, and eco-feminism. The presentation critiques BP's management practices, highlighting instances of environmental damage and legal clashes, particularly focusing on the Deepwater Horizon oil spill. It argues that BP's profit-driven focus has led to environmental degradation. The presentation concludes with recommendations for BP to implement sustainable management practices and risk mitigation strategies to reduce its environmental impact. The team's critical reflection emphasizes task division and continuous communication to ensure timely completion of responsibilities, aiming for equal contribution from all members. The presentation utilizes references to support its analysis and recommendations.

BUSINESS MANAGEMENT

TABLE OF CONTENTS
• INTRODUCTION
• Part 1 Team Presentation
• Detailed Explanation of Critical Theory
• Demonstration of application of environmentalism to critique and business and
management
• Application of environmentalism to critique and analyse British Petroleum

TABLE OF CONTENTS
• Recommendations for improvement of British Petroleum
• PRO-FORMA
• Part 2 Team Critical Reflection
• CONCLUSION

INTRODUCTION
• Critical management studies refer to the collection of
criticisms of different concepts including, business,
management and organization which are rooted in viewpoint
of critical theory perspective (Johnsen, 2021).
• This presentation looks at specific critical theory and its
application in the wider world. The critical theory selected for
this presentation is environmentalism and the business firms
selected for this presentation is British Petroleum PLC.

PART 1 TEAM PRESENTATION
• Overview of the company
• British Petroleum is UK based oil and
gas company founded in the year 1909
(Our history, 2021).
• It is listed in the FTSE 100 index and
is considered one of the most valuable
enterprises across the globe.

DETAILED EXPLANATION OF
CRITICAL THEORY
• The critical theory selected for this
report is environmentalism.
• This critical theory emerged from
the concerns related to the negative
impact of industrialization,
urbanization and increasing
consumption in the current times.

CONTINUE
• The underlying concept of this management
field is that successful business are able to
create an enterprise which attains profitability
while supporting creation of green markets
and lowering pollution.
• In context of the wider critical management
studies, environmentalism is also related with
other critical management studies such as
Marxism.

DEMONSTRATION OF APPLICATION OF
ENVIRONMENTALISM TO CRITIQUE
AND BUSINESS AND MANAGEMENT
• Environmentalism and environmentalist theory
can be used to critique currently used concepts
of business management.
• The primary criticism of environmentalism on
the current corporate environment is the
degradation of natural resources caused by
corporate structure which focuses on
profitability and avoids protecting ecological
balance.

CONTINUE
• Another critique of management by
critical theory of environmentalism
comes from reform environmentalism.
• This acknowledges the limitations of
the current social standard in initiating
radical changes to support the
environmentalist reasoning.

CONTINUE
• The critical theory of environmentalism
also includes the model of eco-
feminisms.
• This provides a critique of business and
management from the perspective women
and the relation between women and
nature (Dejours and et. al., 2018).

APPLICATION OF ENVIRONMENTALISM
TO CRITIQUE AND ANALYSE BRITISH
PETROLEUM
• British Petroleum has been
charged with causing
environmental damage on
numerous occasion.
• Recently the company was fined
with the largest environmental
settlement in the history of
l3egal clashes in US history.

CONTINUE
• The critique of environmentalism on British
Petroleum is that the focus of management
of the company is on increasing productivity
with zero concern for the environment.
• The race top enhance productivity to gain
competitive edge in the marketplace lead to
the biggest oil spill in the history and
destroyed marine ecosystem in gulf area.