Enhancing corporate communication for crisis management and resilience in the oil and gas industry

By: Contributor(s): Material type: Computer fileComputer filePublication details: Ahmedabad Indian Institute of Management 2023Description: 30 p.: ill. include referencesSubject(s): DDC classification:
  • SP2023/3815 SP003815
Summary: The Oil and Gas industry in India and across the globe is highly vulnerable to crises, as was seen in the Baghjan well blowout incident in the state of Assam. Effective corporate communication is of utmost importance in managing and mitigating these crises and ensuring the resilience and adaptive capabilities of organizations. Our main aim in doing a comprehensive analysis of the Baghjan crisis in the Oil & Gas sector was to consider how vulnerable the sector is to crisis such as the one seen in the Baghjan case (where how organizations respond is critical) and also to determine the resilience of firms that work within the Oil and Gas sector and compare it against vulnerability of other sectors. We start by looking into details of Baghjan crisis so as to fully understand the complexities of problems that Public Sector Undertakings (PSUs) face in Oil & Gas sector. Through research of various papers in the crisis communication domain, it is observed that there is a great significance of corporations’ adaptive capabilities in the face of unexpected shocks. In an effort for a structured approach, we recognized communication strategy as one of the key capacities to work on. This understanding was, again, based on a thorough examination of Baghjan crisis, consistent with PSU operations in Oil and Gas sector. To address these challenges, our project focuses on the following frameworks, first looking at it from the perspective of the Baghjan incident and then extending the learning to other similar incidents and sectors.
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Student Project Vikram Sarabhai Library Reference Students Project SP2023/3815 (Browse shelf(Opens below)) e-Book - Digital Access SP003815

Submitted to Prof. Asha Kaul

Submitted by: Satish Charjan, Shashank Goled

The Oil and Gas industry in India and across the globe is highly vulnerable to crises, as was seen in the Baghjan well blowout incident in the state of Assam. Effective corporate communication is of utmost importance in managing and mitigating these crises and ensuring the resilience and adaptive capabilities of organizations. Our main aim in doing a comprehensive analysis of the Baghjan crisis in the Oil & Gas sector was to consider how vulnerable the sector is to crisis such as the one seen in the Baghjan case (where how organizations respond is critical) and also to determine the resilience of firms that work within the Oil and Gas sector and compare it against vulnerability of other sectors. We start by looking into details of Baghjan crisis so as to fully understand the complexities of problems that Public Sector Undertakings (PSUs) face in Oil & Gas sector. Through research of various papers in the crisis communication domain, it is observed that there is a great significance of corporations’ adaptive capabilities in the face of unexpected shocks. In an effort for a structured approach, we recognized communication strategy as one of the key capacities to work on. This understanding was, again, based on a thorough examination of Baghjan crisis, consistent with PSU operations in Oil and Gas sector. To address these challenges, our project focuses on the following frameworks, first looking at it from the perspective of the Baghjan incident and then extending the learning to other similar incidents and sectors.

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