Avoiding Corporate Breakdowns: The Nature and Extent of by LaRue Hosmer, Patrick J. Barry (auth.)

By LaRue Hosmer, Patrick J. Barry (auth.)

Avoiding company Breakdowns specializes in prescribing a preventative process for managerial actors who face financial, social and environmental mess ups. Prevention is essentially basic, however it would require a substantial broadening in either the character and the level of managerial responsibility.

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Selection of the production riser: As described earlier, a production riser is used to convey the pressurized oil and natural gas from the pay zone to the wellhead. It can be built in two forms: the “long string” that consists of an 8Љ diameter tube that extends all the way from the wellhead to the pay zone, or a “multi-string” that is built in sections that decrease in diameter as they descend and fit fairly snugly within the sections of the outer well casings that also decrease in diameter as they descend.

Replacing the drilling mud inside the riser with sea water so that the safety cement plug could be installed]. ”8 Less than an hour later, while Ezell was watching TV in his cabin, his phone rang. It was Steve Curtis calling, the #2 man on the drill deck and assistant to Jason Anderson. This time the news was horrifying: Curtis: “We have a situation. The well is blown out. We have mud going to the crown” [the top of the drilling derrick, 20 stories above the drilling deck on the Deepwater Horizon].

To convince others, if you do decide to take a stand and speak out firmly, you will at the start want to get everyone else involved in the situation to fully comprehend your point of view. Your first few sentences, in either a verbal conversation or a written report, are the critical ones. ” 44 ● Avoiding Corporate Breakdowns Start with a non-accusatory statement expressing your concerns about a proposed decision or action or an existing situation, with a brief summary of the facts supporting those concerns.

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