Wednesday, June 9, 2010

Unethical Behavior? Gulf Spill

Much has been said along with a multitude of activity to minimize the effect of one of the worst environmental disasters in modern history – contamination of the Gulf. When considered, the gulf oil spill represents a careless attitude on the part of the business community. Careless from the standpoint – BP has violated a business truism –having a contingency plan.

What is amazing beyond lacking a valid contingency plan is the firm’s reaction to the devastation. It immediately had no problem in rewarding its stockholders or hiring a public relations organization to help mitigate perceptions while families and the habitat remain in chaos.

Ultimately, from my perspective, BP should be awarded a trophy for its greed over principle. The firm’s greed can be summed up as unethical business behavior violating environmental concerns as well as society. The question is – how should we, society react?

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