Stonecipher, who promptly affirmed: “When people say I changed the culture of Boeing, that was the intent, so that it’s run like a business rather than a great engineering firm.”
https://www.theatlantic.com/ideas/archive/2019/11/how-boeing-lost-its-bearings/602188/
Boeing took over McDonnell Douglas, but the financial mentality of McD took over Boeing.
The finance focus seems to work in the short term. But the cost cutting means the engineering soon turns to crap, and the product becomes substandard and dangerous.
Stonecipher, who promptly affirmed: “When people say I changed the culture of Boeing, that was the intent, so that it’s run like a business rather than a great engineering firm.”
https://www.theatlantic.com/ideas/archive/2019/11/how-boeing-lost-its-bearings/602188/
Boeing took over McDonnell Douglas, but the financial mentality of McD took over Boeing.
The finance focus seems to work in the short term. But the cost cutting means the engineering soon turns to crap, and the product becomes substandard and dangerous.
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You are exactly correct. The beancounter mentality of McDonnell Douglas took over and Boeing turned from excellent to mediocre.
Sounds familiar. I worked for a large company that purchased a smaller one. The smaller one was thought to be better run financially. Their "culture" was made dominant. As we used to say, they bought us with our dollars.
And by the way, the company ended up selling off 80% of it's manufacturing. It is a shell of itself.