Is Your Company Heading for a “BP Type” Disaster?

Updated: November 01, 2010

According to what we have read in the papers all of these oil wells are designed to have redundant systems to virtually reduce or eliminate the chance of a system a.k.a. oil well failure. There has been speculation as to whether or not all the redundancies were in place for the Deepwater Horizon oil platform. There was discussion about how much investment was put into building a system/ oil rig that in spite of the depth would not fail and create this disaster.

One of the questions I have to ask is whether or not Entropy and the Chaos Theory weighs heavily on those individuals who are funding, designing and building these oil wells. It would appear that most of the efforts were put into preventing a failure of the system when in fact every system will essentially end up failing at some point or another, particularly when we talk about building something with a myriad of always changing conditions i.e. weather, ocean current, concrete manufacturer. If all your efforts are positioned to make sure that a system does not fail what do you do when it does fail?

The assumption of "never failing" is really the problem with this whole incident. The New York Times reports that there has been little advancement in oil spill cleanup technology since the two decade old Exxon Valdez oil spill. BP and I am sure the rest of the industry has invested very little in containing an oil spill while investing large amounts in deep well technology etc. Unfortunately, the government has not taken a position that would force oil companies to explore and develop oil spill technology containment so most companies assume that the risk and expense associated with a spill is considerably less long-term resulting in little short-term monetary investment.

Featured Research
  • The New 2017 Contact Center Comparison Guide

    We’ve put together a comparison guide that covers over 40 of the top call center software options, providing details on pricing, features, support, and integrations. If you want to save time and still make a great investment, this guide is a must read. more

  • Phone Systems Comparison Guide: VoIP for Small to Midsize Businesses

    It was a painstaking process, but to help B2B companies start 2017 off on the right foot, we recently compiled a comparative list of the top 43 small to midsize business phone vendors. more

  • 16 Mistakes to Avoid When Buying a Phone System

    Purchasing a phone system for your business is a major investment. With the average business changing phone systems only once every seven years, it’s important to make the right decision. more

  • 2017 Video Conferencing Trends

    New advancements are also making video more beneficial to a greater range of business areas including marketing, HR, and internal operations. Many solutions are economical, easy to use, and very effective at making communication more personal. more

  • [Infographic] Top 11 VoIP Vendors

    A good VoIP provider will offer additional benefits as well, but many first-time buyers find assessing each option to be difficult. Nevertheless, this is an important step in the buying process because a substandard provider can easily waste both your time and money. more