[flagged]
How is Jack Welch implicated?
I won't opine too much on it, but the most concise way to put it is an extreme concentration on producing shareholder value as quickly as possible at the expense of basically everything else.
491–500 of 884 posts
[flagged]
How is Jack Welch implicated?
I won't opine too much on it, but the most concise way to put it is an extreme concentration on producing shareholder value as quickly as possible at the expense of basically everything else.
The only remedy at this point is to hold executives financially and morally culpable. Anyone opposed to seeing the entire C-suite and board of directors having their bonuses clawed back and sent to jail? I'm not. Let the guillotine come out, I want to see heads roll.
For example, instead of ranting and howling about prisons and guillotines, you could point to some successful examples of other companies or orgs that have operated in a similar fashion. That might provide more productive grounds for further discussion. Any good examples?
... Yeah, I thought so.
Earlier quoted context omitted.
They'll know from flight data recorder the exact time the decompression occurred. They'll know where and at what altitude the airplane was in the sky at that time and in which direction and speed it was moving. It's nearly a high school physics problem at that point to calculate where the door landed.
Eh, considering wind speed and direction (and its differences at different altitudes), varying pressure and inherent aerodynamic properties of the door plug itself, it's hardly a high school problem. They'll find a decent estimate, but they'll have to search some area unless a person on the ground finds it first.
I’m sitting in Mexico City about to board a Boeing Max 737 (fortunately, I guess, an 8) back to the US. If I am to be randomly thrust upon the afternoon sky against my will, please distribute all my HN karma to my extended family.
Interesting timeline. Following the two fatal crashes involving the MCAS system and the 737 Max … The FAA gave Boeing until Dec of 2022 to implement a fix. The fix was to reconfigure the 737 Max with 2 sensors (instead of one) and include an manual shutoff Guess what happened? Boeing didn’t fix anything.. instead they cried to congress that the fix is too expensive and they cannot get it done. So what happens is cong…
Any kind of law that mentions a company by name should be automatically rejected, unless it is to add more limitations based on past (bad) performance and then only to document the reason the law exists, never to provide exemptions.
No "unless". No law should target a specific company or individual by name, ever, whether to give them special exceptions or special permissions or special restrictions or anything else.
(They also shouldn't target specific companies by sufficiently-specific-description-it-only-applies-to-one-or-two-companies, either.)
Earlier quoted context omitted.
787 program: - designed to outsource most manufacturing to the lowest bidder, many program management problems, overruns and delays - to bust unions new factory was created in South Carolina and this has very poor QC, there are rumors that a certain large middle eastern airline refuses to accept any planes assembled there 737 program: - they decided that they are not going to do a clean sheet 737NG and use the existi…
It's safer to have a new airplane design behave like the old one. There have been many crashes due a pilot being stressed and automatically doing something that would have been right on a previous airplane he was familiar with, but which was wrong for the current airplane he is flying. All jet airliners are aerodynamically unstable and use active controls to "paper over" that. There is nothing inherently wrong with d…
Earlier quoted context omitted.
Is that argument wrong? If it isn't, then you've successfully identified capitalism as the problem. I'm all for anti-capitalism, but I don't think it's reasonable to expect that to start with Boeing. This is not a problem of "pointy haired MBA's", we can either fix this within the current regime by imposing heavy fines on this sort of reckless behavior, or we can tear down the current regime and replace it with commu…
It is wrong because people will not want to fly on this plane, and carriers will be less likely to buy this model. This hurts Boeing's bottom line.
The only remedy at this point is to hold executives financially and morally culpable. Anyone opposed to seeing the entire C-suite and board of directors having their bonuses clawed back and sent to jail? I'm not. Let the guillotine come out, I want to see heads roll.
The only remedy at this point is to hold executives financially and morally culpable. Anyone opposed to seeing the entire C-suite and board of directors having their bonuses clawed back and sent to jail? I'm not. Let the guillotine come out, I want to see heads roll.
Sounds like a great way to create an airplane company that no competent people will want to run. Might want to think through the game-theoretic consequences a bit further. For example, instead of ranting and howling about prisons and guillotines, you could point to some successful examples of other companies or orgs that have operated in a similar fashion. That might provide more productive grounds for further discus…
Interesting timeline. Following the two fatal crashes involving the MCAS system and the 737 Max … The FAA gave Boeing until Dec of 2022 to implement a fix. The fix was to reconfigure the 737 Max with 2 sensors (instead of one) and include an manual shutoff Guess what happened? Boeing didn’t fix anything.. instead they cried to congress that the fix is too expensive and they cannot get it done. So what happens is cong…
Any kind of law that mentions a company by name should be automatically rejected, unless it is to add more limitations based on past (bad) performance and then only to document the reason the law exists, never to provide exemptions.