More Bad News for Boeing

Storm 10

Seems every day brings something problems with 787 Oxygen System

https://www.bbc.com/news/business-50293927

VivaLasBegas

Shocking. Boeing lurching from crisis to crisis at the moment. Need a management clearout and to refocus on quality instead of cost. All these MBA types do is seem to zero in on costs with a zealot like focus, forgetting that quality is often what costs so much in the first place! Not just an aviation issue but pervasive in most industries nowadays. These guys come in and cut cut cut costs, jobs etc etc collect a big bonus and trot off after 3-4 years leaving the company in a worse place than they found it, but it's ok as they got their bonus which was foolishly linked to cutting costs or some such stupidity. Despicable!

Inquitus

VivaLasBegas wrote: »

Shocking. Boeing lurching from crisis to crisis at the moment. Need a management clearout and to refocus on quality instead of cost. All these MBA types do is seem to zero in on costs with a zealot like focus, forgetting that quality is often what costs so much in the first place! Not just an aviation issue but pervasive in most industries nowadays. These guys come in and cut cut cut costs, jobs etc etc collect a big bonus and trot off after 3-4 years leaving the company in a worse place than they found it, but it's ok as they got their bonus which was foolishly linked to cutting costs or some such stupidity. Despicable!

Agreed, cut costs, increase profits, while ruining your brand in the market, then leave.

punisher5112

Suppose very similar business plan with likes of eircon, Gateux cakes, Cadbury etc.....

Cut, cut, cut and in the end reliability, taste etc suffers

STB.

Self regulation, Safety Check Abdication.


Just add large investment with a heavy sprinkling of maximise profits for catastrophic results.