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 Contact Center Conquers the Cloud

    Contact Centers have come a long way over the past few decades. Learn how this important asset has evolved into the cutting-edge offerings of today. more

  • The New SMB Phone Systems Comparison Guide

    Does your small or medium-size business need a new phone system? Then you're in luck! Our new, updated comparison guide helps you cut through superfluous information and narrow down your list of solution providers. Get the latest data on phone system features, pricing, and performance metrics in an easy-to-use format. more

  • Contact Center Software on a Budget

    Although contact center software is necessary for a modern contact center, it can be outrageously expensive. Many companies find that their budget bloats during the implementation process. more

  • How UC Can Help Your Business Survive the Holidays

    The holiday season is filled with frenzy and excitement for businesses and consumers alike. Consumers prepare gift lists, compare brands and prices, and begin shopping with a vigor that is not present most other times of the year. For many businesses, the holiday season accounts for a large profit bump at the end of each year, and companies strive to exceed their goals and keep customers happy during this rush late in the year. more

  • [Infographic] Switching Phone Systems

    There are a lot of possible reasons you might want to switch to a new phone system. The old one might cost too much or be too troublesome to operate and maintain. It might not be flexible enough. It might not be reliable enough. Or it just might not have the kinds of features and capabilities that you need in today’s competitive business climate. more