Why Boeing needs to be run by engineers and not bean counters

Really insightful video about what has gone wrong.

Among the points Casey makes is that Boeing imported Jack Welch's GE management culture.

This has included a focus on short-term profits over engineering, and practises such as stack ranking.

Boeing, as a major defence contractor and (direct and indirect) employer, is too big to fail.

And Casey argues that either the Board or, if they're unwilling, the US government, needs to clear out the senior management and introduce an engineer-led management team:

https://youtu.be/d3u7F256wKM

#Boeing #engineer #engineering @engineering #capitalism #business #finance #politics