Posted on 04/14/2024 10:05:35 PM PDT by Chad C. Mulligan
Ayn Rand is having an “I TOLD You So” moment right about now...
The thing with MBA managers is the see their compensation terms incentivize short-term profits.
The game then becomes to get your stock options, cash out, and move on before your short-term thinking becomes evident.
Meanwhile, companies run by owners/founders have much more long range planning.
I was once at a place with a lot of turnover. The executive thinking became “why should I invest resources into something which only my successor will benefit from?”
Yeah, I remember the time I brought some bad news to the program manager, suggesting that a scheduled delivery could very well be a disaster, advocating for a minor slip to give full confidence in the testing. I was thoroughly reamed by a lower lever manager for not supporting him and the team. The delivery was right on time and as I feared, it was a failure and an embarrassment to all involved. Did anyone apologize to me? Of course not.
Lockheed Missiles and Space Company in Sunnyvale, CA in the ‘80s and ‘90s had the same infestation of “bean counters”.
Glad I am retired!
If the MBA managers actually have experience on the line or have their hands dirty from knowing how the products they make actually work, they are not qualified to be running anything.
Steve Jobs was there from the beginning of Apple and knew how the machines actually worked and how people use them, the guy who replaced was selling Pepsi and probably had little to no experience of how computers work and how people use them on a daily basis, the results speak for themselves.
GE, HP, and many other technology companies have gone thru the same thing, the one thing that separates Boeing from these other companies, is when one of Boeing’s products fail people die.
Mr. GG2 spent 7 years with Boeing in Everett. He got slapped down a couple of times for pointing out problems management didn’t want to hear. He also designed and made a tool to install some difficult part. When he was laid off he planned to patent the tool for sale. Boeing told him it was theirs since he made it with materials at work so on his last day he took a hack saw and cut it up into pieces and threw it in a garbage can.
“My outsider’s perspective is that Boeing has devoted more resources to buying politicians than to building good aircraft.”
That’s probably why their current headquarters is in Arlington, VA. More convenient to DC and the Pentagon.
just tighten every other bolt and you cut production time in half!! a monkey can use a torque wrench, We can hire someone for minimum wage to torque them post production..
we found plastic parts that are an exact fit that are 1/3 the price of aluminum..
and, NO paid overtime. if you cant get the job done in 8 hours we'll hire someone who will. All true!
DEI?
Go woke...go broke! DEI = DIE in constructing airplanes.
I did/do. A colleague of mine was posted to run a branch factory for the company in China, because that was required to get any access at all to the China market. One thing he remarked on after his return was the monumentally pervasive corruption. His final comment was that in Chinese there is not even a word for ethics. (Apparently that's a Christian concept.)
But there is hope, because the Russians at least have proven over the last 3 years to be even more corrupt and incompetent than we are. China is also very corrupt, but as for military competence we have no data. Yet.
Someone needs to go and it isn’t the guy who knows his stuff. It’s the
supervisor.
Build to spec or beyond.
Sounds like a stressful position. Thanks for the mention.
Old white guys replaced by the offspring of migrant invader vermin and DEI policies...
Boeing’s Downfall - Before the McDonnell Douglas Merger
“Boeing today seems to be going from crisis to crisis, with its reputation in tatters and the press and much of the public reacting any time something happens to a Boeing aircraft – even if one of the pilots just SNEEZES wrongly.
But HOW or WHY did we get here? How did Boeing, a gem of a company, that was once the Gold Standard of aviation engineering, end up with their name getting dragged through the mud this way? And more specifically, what role did Boeing’s merger with McDonnell Douglas have, in making this happen?
Today I’m starting a series on… Boeing’s fall from grace. And in this episode, I will set the stage by taking a look at the history of Boeing and McDonnell Douglas, to show how different these giants were, as they headed to a “wedding” that many now wish had never happened.”
https://www.youtube.com/watch?v=ym41Iz68j4s
Sounds very interesting...
Looking forward to it...
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