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From the article: "What made the crashes so vexing is that it was impossible to pin the blame on one central villain." Wait a minute: "When Mr. Stonecipher be
by combatentropy 6y ago
From the article: "What made the crashes so vexing is that it was impossible to pin the blame on one central villain."
Wait a minute:
"When Mr. Stonecipher became chief executive of Boeing in 2003, he brought G.E.'s model with him: He slashed costs, reduced head count, ramped up outsourcing and increased Boeing's share buyback program and shareholder dividends.
"'When people say I changed the culture of Boeing, that was the intent, so that it’s run like a business rather than a great engineering firm,' Mr. Stonecipher said in 2004."
- florencebuzz 6y agoHe was hired to do that, so is that his fault? I am afraid the article has a point.
- yougotborked 6y agoYea seems like the final blame should go to the Board of directors
- throwaway189262 6y agoHahaha that did not age well. GE is a failing dumpster fire and Boeing is headed that way. Great business sense these people have.