Managing Corporate Risk and Crime
Please carefully have a look at all the attached documents, my tutor is very strict and If you could mention everything he needs would be appreciated. I have attched all the documents needed.
The aim of this assignment is to enable you to demonstrate your understanding of how risk management can be viewed across a large international organisation, at EXECUTIVE level.
“It was five years ago today that an undersea BP oil well exploded in the Gulf of Mexico 40 miles off the Louisiana coastline, killing 11 workers on the Deepwater Horizon rig and causing one of the worst environmental disasters in US history”.
Sherwell, P. (2015). BP oil spill. The Telegraph. 20 Apr 2015. Available at http://www.telegraph.co.uk/news/worldnews/ [Accessed: 9/9/2015]
BP is a large international organisation that includes a wide range of operations and activities across the globe. This example demonstrated how the impact of a single incident could be felt by both BP and different stakeholder groups in many ways, irrespective of where the blame lie.
You are required to produce a report that provides an overview of risk management at BP and an analysis of risks faced by the company. This should be aimed at an executive level audience within BP and should consist of the following sections:
Report Section Marks
(a) Executive Summary 10
(b) Discussion of how risk is managed in BP 25
(c) Risk register entries for the key risks facing BP 35
(d) Heat map of the key risks, including a note of justification for their inclusion 15
Well organised, clear and professional report (10)
Accurate and correct use of referencing (5)
Remember that an executive summary is a summary of the whole report, not an introduction to what will be discussed. The aim is to provide a short overview of what is to follow in the rest of the report, including an indication of any specific outcomes or findings. That means it will be the last section that you write, although still physically placed at the start.