Another resignation to track - Boeing CEO steps down amid safety crisis
(www.nbcnews.com)
PARTS FAIL BOSSES FALL
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All 3 of these guys are financial people. No aviation person amongst them. No engineer. No pilot. No development or flight test experience.. Boeing has changed.
That's the problem with most companies these days. Financial people running companies where they know absolutely nothing about the product and have no connection to it. All they know is business and how to get as much money from whatever company they are running/ruining before they resign and move on to the next one. I would love to see the golden parachute these Boeing guys are getting.
Same as the music industry. Brown counters and lawyers have financialized the entire economy. Everything is about the next quarter profit no longer term vision.
The Chinese have said the biggest weakness of American businessmen is that they think quarter to quarter. Not decade to decade.
On a flight test team, avionics engineers are the smartest. Scary smart. And they need to be. When I heard Boeing was farming out avionics to Indian engineers for less money, I would bet the farm that's what happened to the dreamliner. Sadly. A lot of people bought the farm because of this utter stupidity.
I know this is a spicy take, but letting finance people manage finance isnt a dumb thing. Keeping them reigned in is the issue many companies end up having
Nothing spicy about it. In aviation the only thing that counts is a good product. You trade safety for savings, there's a lot of innocent people paying the price. Safety first.
I only said 'spicy' because a lot of the comments seem genuinely angry that companies employ people with different talents and skills to handle different jobs, and not everyone understands all the minutae of everything involved with the company.
There is a good point about a CEO being completely oblivious and ignorant of the product a company produces, but expecting to have expert level knowledge is more than a little silly.