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An engineering background doesn't protect from the incentive to squeeeeeeze -- the best you can hope for is that it calibrates the C-suite instincts for having
by smallmancontrov 3y ago
An engineering background doesn't protect from the incentive to squeeeeeeze -- the best you can hope for is that it calibrates the C-suite instincts for having squeezed too far to a level more sensitive than "doors are literally falling off." But that's just hope, and hope vs incentives is a game that, well, has a favored player.
- cft 3y agoOnly meaningful competition does. For example, competition with Comac is not meaningful due to politics, but competition withing the country with Douglas and Lockheed was.
- smallmancontrov 3y agoYep. The Boeing/Douglas merger didn't just put the wrong people in charge, it removed competition. US antitrust is in a sorry state and we are seeing the consequences.
- ethbr1 3y agoIt's a worldwide game nowadays though. For civilian aircraft manufacturing... Boeing (US), Airbus (EU), and Comac (China). All of which have varying degrees of state capture. Maybe that's the nature of highly-compled and -refined products? You only have meaningful competition at the internal level?