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This new orientation was encapsulated by something that Harry Stonecipher, who had been CEO of McDonnell Douglas and was CEO of Boeing from 2003 to 2005, said:
by chmod600 3y ago
This new orientation was encapsulated by something that Harry Stonecipher, who had been CEO of McDonnell Douglas and was CEO of Boeing from 2003 to 2005, said: “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.”
What's wrong with a great engineering firm? And is it possible to somehow reflect that greatness in the stock price better so that people don't feel a need to come in and change it?
- soco 3y agoAs with a business the CEO gets a nice golden parachute when the plane crashes.
- AaronM 3y agoMaybe he believes that a great business makes more money for the shareholders than a great engineering firm
- FredPret 3y agoBoy was he wrong! https://valustox.com/BA https://valustox.com/BA
- deleted 3y ago[deleted]
- a_square_peg 3y agoNot an issue if one can do both but when there's a conflict, a great engineering firm will prioritize safety & quality over profit, whereas a business will prioritize profit & stock price over safety & quality.