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More misdrilled holes on 737 MAX in latest setback

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Re: More misdrilled holes on 737 MAX in latest setback

#411

Earlier quoted context omitted.

Whatever your opinion of Elon is, it’s extremely generous to say he comes from an engineering background and just flat-out wrong to say he comes from the type of traditional engineering background relevant to companies like Boeing (the PE type of engineering). If you approve of Elon as a leader, he is basically the embodiment of “you do not need to be an engineer to run a highly technical company”

I think describing Elon as a small-e engineer (not designing powertrains, but at least understanding them) is accurate, and saying that an an engineering-first mindset is important for companies like Boeing and SpaceX would ring true. Engineering background is different than engineering mindset.

He does not understand them. You’ve fallen for his PR, I’m afraid.

Re: More misdrilled holes on 737 MAX in latest setback

#412

Earlier quoted context omitted.

> If A, then B If Elon's thoroughly understands the products his companies develop, he has an engineering-first mindset? That logic would also apply to many CEOs we wouldn't consider "engineering-first" CEOs. > Struggle with definitions all we want, For me, this is the only discussion. My focus is not at all on whether Elon would be a good fit for Boeing. I don't give a shit about that conversation.

I don't want Elon to run Boeing, that's never been part of my argument. I want leadership at Boeing that elevates engineers, understands that engineering is absolutely critical, and punishes bean-counters for pushing against a good engineering culture.

Also important for leadership is being a thin-skinned an emerald mine scion who believes in astonishingly racist tropes.

Re: More misdrilled holes on 737 MAX in latest setback

#413

Earlier quoted context omitted.

I don't want Elon to run Boeing, that's never been part of my argument. I want leadership at Boeing that elevates engineers, understands that engineering is absolutely critical, and punishes bean-counters for pushing against a good engineering culture.

Also important for leadership is being a thin-skinned an emerald mine scion who believes in astonishingly racist tropes.

Personal attacks generally aren't encouraged on HN, even if you don't like the person.

Re: More misdrilled holes on 737 MAX in latest setback

#414

Earlier quoted context omitted.

I think describing Elon as a small-e engineer (not designing powertrains, but at least understanding them) is accurate, and saying that an an engineering-first mindset is important for companies like Boeing and SpaceX would ring true. Engineering background is different than engineering mindset.

He does not understand them. You’ve fallen for his PR, I’m afraid.

Can you provide some substantive evidence on that? Just curious if you actually have a good example, or if you bought into the other PR.

Re: More misdrilled holes on 737 MAX in latest setback

#415
post #296

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For what it's worth, in "Flying Blind", the book written about the first round of 737 max issues, the author has a pretty negative outlook on Calhoun as being mostly aligned with Muilenburg. > Robison, however, finds little reason for optimism. While Boeing has now accepted responsibility for one of the crashes as part of a settlement, no one at the company besides Forkner has been charged with a crime. Muilenburg wa…

Can ELI5 why do investors (owners of the company) accept CEO's pay packages that involve golden parachutes? It doesn't make sense to me (I mean, it might in case of offensive takeovers, but who's gonna take over Boeing?!)

Because the people they want have options. If you want a hotshot CEO who could go and work for Google and make tens of millions per year, you have to sweeten the pot to get them to accept.

So they have golden parachutes which say "for any reason, except fraud or other criminal actions, we guarantee you'll get $X millions when you leave".

Re: More misdrilled holes on 737 MAX in latest setback

#416
post #369

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> why do investors (owners of the company) accept CEO's pay packages that involve golden parachutes My understanding is that this is seen as a cost of acquiring the right expertise. “Pay peanuts, get monkeys” kinda thing. They want the best of the best, and according to their perception these people can do a number of things with their time. Why would they work on this thing instead of their own thing, or a number of…

No I don't buy this. The shareholders would be better off if they promised a $800m incentives-based / performance-based package (e.g. stock options etc.) than promising $80m if the CEO performance sucks . And any CEO rejecting this offer, is a huge red flag.

$800M? Can you imagine the public howling at that kind of CEO comp?

Re: More misdrilled holes on 737 MAX in latest setback

#417

Earlier quoted context omitted.

I've read that he was the token engineer in the see of accountants, MBAs and consultants. Cultural change goes much deeper than changing the CEO. Boeing might not be salvageable on the cheap side. Decapitating the company at levels 1-4 may not even be enough. It may require acknowledging that changing the flight envelope and software-patching it was a mistake. This is a major can of worms on itself. This means a plan…

> I've read that he was the token engineer in the see of accountants, MBAs and consultants The myth that engineers make better leaders may have originated with Andy Grove. In truth, there is no evidence for the claim. Jack Welch was as much an engineer as an asshole.

>The myth that engineers make better leaders may have originated with Andy Grove.

Quite possible, and what's really ironic is that Grove's successor, Craig Barrett (who helped start the company with Grove), also an engineer, was a terrible CEO. He was the one who made a bunch of bad moves: P4/Netburst + RAMBUS, Itanic, refusing to adopt amd64 or make their own x64-64 ISA before AMD, etc. The company did poorly under his leadership and only turned around when his successor, Paul Otellini (an accountant IIRC) took over and moved to the "Core" CPU architecture.

Re: More misdrilled holes on 737 MAX in latest setback

#418

Earlier quoted context omitted.

> I've read that he was the token engineer in the see of accountants, MBAs and consultants The myth that engineers make better leaders may have originated with Andy Grove. In truth, there is no evidence for the claim. Jack Welch was as much an engineer as an asshole.

It is not about them being better leaders, but the engineer (hopefully) considering the efficacy of their design over bean counting.

Having an engineer as CEO can get you dumb decisions like thinking the Pentium4 Netburst architecture and dependency on expensive RAMBUS memory is a great idea.

Re: More misdrilled holes on 737 MAX in latest setback

#419
post #364

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>Unfortunately Boeing always has a sweet defense contract waiting to compensate any "rough year", so they keep fucking around. And because once airlines have their fleets locked into a specific airplane brand, swapping it for the competition is almost impossible without crazy expense, so they coasted on this vendor lock in for decades knowing their existing customers have no choice but to keep buying their planes. An…

That doesn't sound likely. They can wait for existing planes to age out and then buy a competitor's planes. For many reasons including fuel efficiency, when an airline retires a plane they are not going to replace it with the exact same plane. So some levels of pilot retraining is expected.

> . So some levels of pilot retraining is expected.

I mean the whole reason for the 737 max was to avoid re training

Re: More misdrilled holes on 737 MAX in latest setback

#420
post #248
post #211

Earlier quoted context omitted.

> Why? The CEO of a company this big, no matter their background, has no business building an intimate understanding of the tech. This is certainly a point of contention in modern schools of business thought, but the concept of a CEO who doesn't understand what the company builds is bizarre to me. The CEO of Boeing, IMO, should probably have aircraft engineering experience, and, ideally, also be a pilot with the suit…

Does the CEO need to know these things? I would argue no. What needs to happen is the CEO needs to listen and trust the technical people that report to him. There is a misalignment of priorities that will never be fixed as long as the primary incentive for the CEO is to maximize shareholder value. If you remove that, and force the primary incentiven to be safety over profits, the rest of the business will follow.

> Does the CEO need to know these things?

In every case? No. Not every business, not every industry needs that.

In cases where the company builds machines that millions of people every day depend on to not die, yeah, the leadership should probably know some of this, if only to be able to realize when someone is trying to blow smoke up their ass.

Yeah, he should probably trust the people below him, but the cost of having that trust be violated is way too high. The consequences aren't just a bunch of people losing their jobs, maybe local business being depressed because the nearby widget factory closed. The consequences are airplanes falling out of the sky and lots of people dying. So he needs to be able to verify that the information being given to him, that he's trusting, is actually trustworthy.

And nevermind the economic effects here. If people stop trusting certain aircraft as being safe, they're not going to care whose name is painted on the fuselage.

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