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Boeing took a nose dive in standards and quality when they replaced people who understood engineering and product fundamentals with bottom-line focused MBAs. I
by nis0s 2y ago
Boeing took a nose dive in standards and quality when they replaced people who understood engineering and product fundamentals with bottom-line focused MBAs. I hope Boeing serves as a cautionary tale for other companies, most others are not “too big to fail”.
- bigiain 2y agoIt won't. The incentives are not aligned that way. Whenever those MBAs in the C suite are judged by investor shareholders purely on financials, and they can pocket their own millions over short few-year timespans, they'll just juice the numbers to manipulate share prices and walk away from long term consequences. I can't see this changing unless executive renumeration can somehow be tied to decades-long company performance. And ideally executive accountability can extend to real risks of jail sentences for poor decision well beyond when they jump ship.