304 grp

304 grp - Binkerhoff International Inc(BII was an oil and...

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Binkerhoff International Inc (BII) was an oil and gas drilling company which owned seven rigs. In late November 1993, after eight years of a depressed economy, the oil and gas industry was experiencing an economic boom, but still the president of BII, Tom Binkerhoff’s main concern was to expand company efforts and revenues. The company had six active rigs and Tom was considering reactivating the 7 th rig, Rig #22, and handing over the rig manager’s job to Kurt Mannheim. Mannheim a machinist who migrated from Austria, was at that time 50 years old and had worked in the industry for over 20 years, and according to Tom was the ultimate “company man” when it came to company loyalty and saving money. BII had a good reputation for good work, an excellent safety record, and low maintenance costs, but this now was in jeopardy according to Tom as he was worried about BII’s quality and maintenance programs under the now safety supervisor Kurt Mannheim. Kurt Mannheim was a poor person-job fit as he never liked the idea of being the safety
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This note was uploaded on 02/23/2008 for the course BUAD 304 taught by Professor Cummings during the Fall '07 term at USC.

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304 grp - Binkerhoff International Inc(BII was an oil and...

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