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Some Key Publics/Stakeholders For Bp (British Petroleum)

506 words - 2 pages

The key publics that BP should take into account are as follows:Environmental GroupsConsumersInvestorsMediaGovernment/Regulatory AuthoritiesThe diagram below (Figure 1.1) is a representation of some of the multifaceted relationships between BP and its publics/stakeholders. It is clear that the assortment of communication channels used to reach key publics is somewhat diverse.Whilst consumers and investors are perhaps most likely to be the primary focus, these two groups are highly influenced by surrounding interrelated groups and channels and generally rely on these sources (not the company) for accurate information. Environmental and other similar lobbying groups are always a concern for oil companies such as BP. It was in fact a combination of such groups and media coverage that led BP to withdraw financial support from Arctic Power: a proposed oil drilling project in Alaska - a region in which oil projects will always be shadowed by the ghost of the Exxon Valdez. Chappell (BP Spokesman) cited in Gerth said of the situation "We're leaving this to the American public to sort out".BP would perhaps have benefited from having a more primary two-way communication channel with environmental groups such as Greenpeace and the WWF. They would then be able to preempt any unfavourable circumstances and can structure their PR efforts accordingly. In contrast, they can use the media to maximise any good relations with environmental bodies. The benefit of this can be seen in the 1995 situation with Shell's disused Brent Spar storage platform which Greenpeace successfully campaigned to have dismantled instead of sunk (after much debate and...

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