Why Boeing needs to be run by engineers and not bean counters
Really insightful video about what has gone wrong.
Among the points Casey makes is that Boeing imported Jack Welch’s GE management culture.
This has included a focus on short-term profits over engineering, and practises such as stack ranking.
Boeing, as a major defence contractor and (direct and indirect) employer, is too big to fail.
And Casey argues that either the Board or, if they’re unwilling, the US government, needs to clear out the senior management and introduce an engineer-led management team:
https://youtu.be/d3u7F256wKM?si=1D5MNSQ2EyLvRmL-
#Boeing #engineer #engineering @engineering #capitalism #business #finance #politics
It doesn’t have to be fair, but that is one of the reasons that corruption can be so difficult to deal with, because financially stressed individuals are highly vulnerable. Corruption isn’t turning into some cartoon villain, but rather it’s exactly that sort of “look the other way” for a couple bucks, repeated many times, which allows them to operate within known and mapped corrupt organizations. It’s just one more reason that charity has been a cornerstone of western civilization, because people are a lot harder to corrupt if they can count on their communities to help them in the event everything else goes wrong.
Very very very much agreed. The financial constraints caused by the rich force the middle class engineer look the other way and cut corners.