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This is really a systemic problem and I'd honestly be shocked if it's even possible for Boeing to dig themselves out of the hole they've dug for themselves. Th
by jmyeet 2y ago
This is really a systemic problem and I'd honestly be shocked if it's even possible for Boeing to dig themselves out of the hole they've dug for themselves.
The core problem is the market demands ever-increasing profits and at a certain point the only way to achieve that is to cut costs. Executive compensation won't ever be cut. The management consultants will never be fired because they provide plausible deniability for the executives should anything go wrong.
The inevitable result here is that the financial people end up running the company, not the engineers. The old Steve Jobs Xerox quote [1] applies. No, Boeing wasn't technically a monopoly, but in a duopoly where it's supported by the captured US government, it really operates like one.
So you have a series of short-term decisions to increase profits that hurt the long-term viability of the company. Layers of subcontracting that add friction but marginally increase profits and lose quality control and institutional knowledge.
[1]: https://www.youtube.com/watch?v=X3NASGb5m8s https://www.youtube.com/watch?v=X3NASGb5m8s