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There will be businesses cases written about what happens when any organization becomes completely over burdened by risk mitigation. This applies to government
by mensetmanusman 2y ago
There will be businesses cases written about what happens when any organization becomes completely over burdened by risk mitigation. This applies to government as well. One reason nothing can be done. (Also interestingly it correlates nicely with the average age of decision makers as they approach death).
- hedora 2y agoThe issue with Boeing isn’t risk mitigation. The problem is that they have managers that don’t understand basic engineering and manufacturing practices, and that focus entirely on short-term financial engineering. Case studies for those sorts of mistakes have already been written. For example, look at the US automotive bailout and collapse of Detroit, or read up on IBM and GE’s performance over the last decade.
- radicaldreamer 2y agoAT&T is another one and you’re seeing the same thing play out in the entertainment sector with Warner Bros. Discovery and Disney and one could argue Google is on the same path. Financial engineering is a dead end in multiple industries but will continue unabated because of how the management employee lifecycle works — the people who run companies into the ground are long retired with their huge comp packages by the time the company is defunct.
- Log_out_ 2y agoThe parasite wellfare is the actual purpose of the system pushed forth by parasites, anything else projected on the hosts is irrelevant selfhypnosis.
- deleted 2y ago[deleted]
- lenerdenator 2y agoIt's fairly obvious at this point that Boeing's problem isn't one of too much risk mitigation.