3 ms·
The article seems really thin. I'd be curious what decision-making process went into the situation where "McDonnell Douglas bought Boeing with Boeing’s money".
by joe_the_user 3y ago
The article seems really thin. I'd be curious what decision-making process went into the situation where "McDonnell Douglas bought Boeing with Boeing’s money". Was the MD management team just savy about mergers? Were consultants pushing for "value creation" involved? Or what?
Anyone have a better link?
- Aeolun 3y agoI imagine it follows the same lines as Musk buying Twitter with Twitters money?
- iisan7 3y agoI remember some good stories after the last MAX scandal, like https://qz.com/1776080/how-the-mcdonnell-douglas-boeing-merger-led-to-the-737-max-crisis https://qz.com/1776080/how-the-mcdonnell-douglas-boeing-merg.... It's not clear whether Stonecipher simply outmaneuvered Condit, or perhaps McDonnell Douglas execs were knowingly elevated because Condit didn't trust others, who might also have resented his decisons.
- joe_the_user 3y agoInteresting article: "An ambitious program of cost-cutting, outsourcing, and digitalization had already begun (before the merger)". It seems like Boeing may wanted MD executives "expertise" at cost-cutting based management.