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Boeing CEO ousted as 737 Max crisis deepens

reuters.com

311–320 of 637 posts

Re: Boeing CEO ousted as 737 Max crisis deepens

#312
post #233

So I read somewhere than Muilenburg was the only engineer in the Boeing C suite. There were no pilots in the C suite. And this was part of the problem. The new CEO has a degree in accounting. I bet he’ll do great.

At some point we (society at large) are going to realize these fluffy c-level people are toxic and remove value from companies - then, ideally, we'll move back to a default of promoting internally.

Yeah but that does nothing to leverage the talents of real thought leaders who think outside the box, can take it to the next level, and take deep dives into paradigm shifts. How do you expect any real game-changers to decruit and not boil the ocean? After all, bleeding-edge pushing of the envelope is not an ideation that promotes disruptive thinking in any organization.

Re: Boeing CEO ousted as 737 Max crisis deepens

#313

Earlier quoted context omitted.

The Tylenol crisis is basically the case study for how to handle a corporate crisis. If you get an MBA without having come across it, you should ask for your money back. > Why can't today's leaders think a little bigger, and optimize for the long term even if that has an immediate cost? I'm not sure it's so simple. At the head of the Boeing bureaucracy, Dennis Muilenberg likely was being fed a diet of wrong and horri…

No, it's not simple, and it's not easy. Doing the right thing when it involves immediate cost and disruption takes courage. I'm sure in 1982, the Johnson & Johnson CEO was also "being fed a diet of wrong and horrible information from lower executives keen on deflecting blame so that they could keep their jobs". That's how big organizations work. But in 1982, J&J leadership could see beyond that, cut through the noise…

> I'm sure in 1982, the Johnson & Johnson CEO was also "being fed a diet of wrong and horrible information from lower executives keen on deflecting blame so that they could keep their jobs".

This is not necessarily a given. In the Tylenol case an external saboteur was to blame, so little or no internal CYA was necessary. Easy and correct for everyone to just blame it on the saboteur and then do the right thing to fix the problem.

In the Boeing case the culprit was internal, which likely resulted in a tangled web of CYA, leading to a diet of wrong and horrible information.

Not excusing Boeing, they acted wrongly. But it’s clear how and why the odds of bad corporate behavior were much higher in Boeing’s case than in J&J’s case.

Re: Boeing CEO ousted as 737 Max crisis deepens

#314

Earlier quoted context omitted.

There's no way they're going to develop a completely new plane. It may have new branding, but it's going to be a 737 at the bones. Since when has the airline industry ever considered passenger misery?

The 737 faces competition from a few directions. First of all, smaller planes such as the A320 and E195 feel bigger inside than the 737 does. It's like the difference between the "boat of car" from American manufacturers to the Japanese cars that were small on the outside but big on the inside. If you just want a low-cost plane at the A320 level of technology, China is coming online with https://en.wikipedia.org/wiki…

What do you mean by bigger? The A320 has a cabin width of 395cm vs 380cm for the 737, so it is more spacious.

Re: Boeing CEO ousted as 737 Max crisis deepens

#315

Started as an intern at Boeing in 1985. 34 year career down in flames. Ouch.

Hmm. There's been a lot of talk here about the Boeing culture vs. the Lockheed culture, and how the Lockheed culture took over after the merger. Yet the CEO was a Boeing guy, not a Lockheed guy.

Do you mean McDonnell Douglas?

Muilenberg became CEO 18 years after the merger. I wouldn't expect him to exemplify Boeing's old culture. It was also only 6 months before the first 737 MAX flight.

Re: Boeing CEO ousted as 737 Max crisis deepens

#316
post #278

Earlier quoted context omitted.

Unfortunately this is much too true. Compliance controls are a sham. Auditing is garbage. Corporate America is made up of executives who unirononically fail to execute on anything. The few places that do execute are: startups (nobody trusts you or your product, you have to go the extra mile) and a few corporations with strong culture. It’s impossible for eg regulations to guarantee that corporations will follow the i…

And i heard that they are supposed to get a huge compensate because they "take larger risk" than the soldiers, while inn reality they put OTHER's life and money in risk while they themselves take fat compensate and even if SHTF they just resign to enjoy life in some islands.

Supply and demand. Do you know how rare it is to find such psychopaths? Those are valuable humans.

Re: Boeing CEO ousted as 737 Max crisis deepens

#317

Earlier quoted context omitted.

have you seen anyone ever happy in a cubicle?

I realize you are probably saying that in jest, but I once worked in a cubicle for a Fortune 50 firm. Loved it. The firm itself had average management, but the people on my team were a lot fun to work with.

Yes, sometimes you get a cool team, half the times i would dare to day, but even if your peers are cool your superior could be an ass, or some day the board could decide that you ain't growing fast enough and fire half of you and bring some asshole that scares away all the team. Even less often you get to do something interesting or something that really matters. And almost always, unless you are a coop worker, you work till exhaustion to make someone else rich while you live month to month. But maybe i'm just pessimistic.

Re: Boeing CEO ousted as 737 Max crisis deepens

#318
post #241

Earlier quoted context omitted.

The obvious difference is that SpaceX's landings were secondary objectives and something that nobody had ever done before. Getting in the proper orbit to the ISS was a primary objective for Starliner and something we've been doing for 20 years.

I don't know, space is hard and things go wrong. Just because we've done it hundreds of times doesn't mean we should expect perfection.

Yes it does?

These are known engineering problems with known engineering solutions. The explanation from Boeing was that a timer was set incorrectly. This sounds like a trivial error to me (though I'm not a "rocket scientist" just a "kerbal scientist", I guess, but we've been using timers for a long time afaik to properly manage burns to orbit).

Re: Boeing CEO ousted as 737 Max crisis deepens

#319

Earlier quoted context omitted.

> ...single-aisle monoculture makes flying miserable. What is it that people expect when they say flying is miserable? I expect safety, which is why I'll never get on a 737 MAX. Other than that, I just put sandwiches and snacks in my pocket, fill my water bottle, and in X hours I'm thousands of miles away. Air travel is actually pretty amazing.

It is amazing, but if your Tall, or Wide, or have any kind of handicap, its miserable too..

Tall person here. Flights longer than 90 minutes really, really suck unless I've saved up enough miles to upgrade my seat something with more leg room.

Re: Boeing CEO ousted as 737 Max crisis deepens

#320

Former Boeing employee here[1]: I remember when the company decided to do all 401k matching in Boeing stock in 2009. It seemed like a sketchy, borderline unethical way to keep the stock price afloat. All to say I’m happy to have transitioned all my 401k years ago! [1] I worked in the defense industry. Nothing to do with planes: my company was acquired by Boeing and operated relatively independently.

When I worked for Cisco, they added an optional self-directed brokerage account to their 401(k) offering. You weren't allowed to buy CSCO in it. Maybe it was to avoid trading window issues, maybe it was fallout from Enron, but I like to think they were doing the right thing.
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